The Bank of Hawaii Corporation (Hawaiian: Panakō o Hawaiʻi; abbreviated BOH) is an American regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that the majority of the voting stockholders reside within the state. Bank of Hawaii has the most accounts, customers, branches, and ATMs of any financial institution in the state (although First Hawaiian Bank holds a greater number of dollars in deposits).3 It was founded by Charles Montague Cooke and Peter Cushman Jones.1Wikipedia text CC BY-SA 4.0
The Bank of Hawaii Corporation (Hawaiian: Panakō o Hawaiʻi; abbreviated BOH) is an American regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that the majority of the voting stockholders reside within the state. Bank of Hawaii has the most accounts, customers, branches, and ATMs of any financial institution in the state (although First Hawaiian Bank holds a greater number of dollars in deposits). The bank consists of four business segments: retail banking, commercial banking, investment services, and treasury. The bank is currently headed by chairman, president and chief executive officer, Peter S. Ho.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Revenue109$121.9M in 2025+8% since 2022Net income111213109$205.9M in 2025−9% since 2019
Net income1415$63.8M in Q2 FY2026+11% since Q1 FY2026
Every line of the income statement as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Interest and Fees on Loans and Leases
$667.5M
$653.6M
$590.6M
Available-for-Sale
$114.0M
$89.7M
$93.5M
Held-to-Maturity
$78.4M
$85.5M
$92.8M
Cash and Cash Equivalents
$23.4M
$30.7M
$28.4M
Other
$4.5M
$4.2M
$5.1M
Total Interest Income
$887.8M
$863.8M
$810.4M
Deposits
$324.2M
$368.8M
$250.8M
Securities Sold Under Agreements to Repurchase
$2.2M
$4.6M
$16.3M
Short-Term Borrowings
$0
$0
$5.7M
Other Debt
$23.8M
$23.8M
$40.5M
Total Interest Expense
$350.3M
$397.2M
$313.4M
Net Interest Income
$537.5M
$466.6M
$497.0M
Provision for Credit Losses
$11.5M
$11.2M
$9.0M
Net Interest Income After Provision for Credit Losses
$526.0M
$455.4M
$488.0M
Fees, Exchange, and Other Service Charges
$56.3M
$57.2M
$55.6M
Trust and Asset Management
$49.3M
$47.5M
$43.6M
Service Charges on Deposit Accounts
$33.6M
$32.4M
$31.1M
Bank-Owned Life Insurance
$14.8M
$13.6M
$11.6M
Annuity and Insurance
$5.2M
$5.4M
$4.7M
Mortgage Banking
$3.7M
$4.1M
$4.3M
Investment Securities Losses, Net
-$23.4M
-$7.5M
-$11.5M
Other
$39.6M
$19.8M
$37.2M
Total Noninterest Income
$179.1M
$172.5M
$176.6M
Salaries and Benefits
$248.8M
$232.6M
$234.1M
Net Occupancy
$42.0M
$42.1M
$39.9M
Net Equipment
$40.5M
$40.9M
$40.3M
Data Processing
$22.0M
$19.5M
$18.8M
Professional Fees
$16.2M
$19.3M
$17.5M
FDIC Insurance
$11.2M
$17.9M
$28.3M
Other
$62.5M
$57.9M
$58.7M
Total Noninterest Expense
$443.1M
$430.1M
$437.5M
Income Before Provision for Income Taxes
$262.0M
$197.9M
$227.1M
Provision for Income Taxes
$56.1M
$47.9M
$55.9M
Net Income
$205.9M
$150.0M
$171.2M
Preferred Stock Dividends
$21.1M
$12.6M
$7.9M
Net Income Available to Common Shareholders
$184.8M
$137.3M
$163.3M
Basic Earnings Per Common Share (usd per share)
$4.67
$3.48
$4.16
Diluted Earnings Per Common Share (usd per share)
$4.63
$3.46
$4.14
Dividends Declared Per Common Share (usd per share)
$2.80
$2.80
$2.80
Basic Weighted Average Common Shares (in shares)
39.6M shares
39.5M shares
39.3M shares
Diluted Weighted Average Common Shares (in shares)
39.9M shares
39.7M shares
39.4M shares
No quarter-by-quarter statement was filed.
Total assets111213109$24.2B in 2025+34% since 2019Total liabilities16111213109$22.3B in 2025+33% since 2019Shareholders’ equity1213109$1.9B in 2025+44% since 2019Cash171312109$946.5M in 2025+69% since 2019Long-term debt13109$550.0M in 2025+0% since 2023
Total assets1415$23.8B in Q2 FY2026−1% since Q1 FY2025Total liabilities1415$22.0B in Q2 FY2026−2% since Q1 FY2025Shareholders’ equity1415$1.9B in Q2 FY2026+1% since Q1 FY2025Cash1415$452.8M in Q2 FY2026−52% since Q1 FY2025
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and Cash Equivalents
$946.5M
$763.6M
Available-for-Sale
$3.5B
$2.7B
Held-to-Maturity (Fair Value of $3,651,966 and $3,820,882)
$4.2B
$4.6B
Loans Held for Sale
$4.4M
$2.1M
Loans and Leases
$14.1B
$14.1B
Allowance for Credit Losses
-$146.8M
-$148.5M
-$146.4M
-$144.4M
Net Loans and Leases
$13.9B
$13.9B
Premises and Equipment, Net
$199.7M
$184.5M
Operating Lease Right-of-Use Assets
$83.4M
$80.2M
Accrued Interest Receivable
$69.9M
$66.4M
Mortgage Servicing Rights
$17.5M
$19.2M
Goodwill
$31.5M
$31.5M
Bank-Owned Life Insurance
$499.8M
$481.2M
Other Assets
$632.0M
$737.0M
Total Assets
$24.2B
$23.6B
$23.7B
Noninterest-Bearing Demand
$5.8B
$5.4B
Interest-Bearing Demand
$3.9B
$3.8B
Savings
$8.7B
$8.4B
Time
$2.8B
$3.1B
Total Deposits
$21.2B
$20.6B
Securities Sold Under Agreements to Repurchase
$50.0M
$100.0M
Other Debt
$558.2M
$558.3M
Operating Lease Liabilities
$92.4M
$88.8M
Retirement Benefits Payable
$20.1M
$23.8M
Accrued Interest Payable
$22.4M
$34.8M
Other Liabilities
$393.6M
$494.7M
Total Liabilities
$22.3B
$21.9B
Common Stock ($.01 par value; authorized 500,000,000 shares; issued / outstanding: December 31, 2025 - 58,780,253 / 39,725,698; and December 31, 2024 - 58,765,907 / 39,762,255)
$587.0K
$585.0K
Capital Surplus
$664.8M
$647.4M
Accumulated Other Comprehensive Loss
-$244.4M
-$343.4M
Retained Earnings
$2.2B
$2.1B
Treasury Stock, at Cost (Shares: December 31, 2025 - 19,054,555 and December 31, 2024 - 19,003,609)
-$1.1B
-$1.1B
Total Shareholders Equity
$1.9B
$1.7B
$1.4B
$1.3B
Total Liabilities and Shareholders Equity
$24.2B
$23.6B
Debt securities, held-to-maturity, fair value
$3.7B
$3.8B
Common Stock, par value (in dollars per share)
$0.01
$0.01
Common Stock, authorized (in shares)
500.0M shares
500.0M shares
Common Stock, issued (in shares)
58.8M shares
58.8M shares
Common Stock, outstanding (in shares)
39.7M shares
39.8M shares
Treasury Stock (in shares)
19.1M shares
19.0M shares
Period ending
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Cash and Cash Equivalents
$946.5M
$763.6M
Available-for-Sale
$3.5B
$2.7B
Held-to-Maturity (Fair Value of $3,651,966 and $3,820,882)
$4.2B
$4.6B
Loans Held for Sale
$4.4M
$2.1M
Loans and Leases
$14.1B
$14.1B
Allowance for Credit Losses
-$146.8M
-$148.5M
-$146.4M
-$144.4M
Net Loans and Leases
$13.9B
$13.9B
Premises and Equipment, Net
$199.7M
$184.5M
Operating Lease Right-of-Use Assets
$83.4M
$80.2M
Accrued Interest Receivable
$69.9M
$66.4M
Mortgage Servicing Rights
$17.5M
$19.2M
Goodwill
$31.5M
$31.5M
Bank-Owned Life Insurance
$499.8M
$481.2M
Other Assets
$632.0M
$737.0M
Total Assets
$24.2B
$23.6B
$23.7B
Noninterest-Bearing Demand
$5.8B
$5.4B
Interest-Bearing Demand
$3.9B
$3.8B
Savings
$8.7B
$8.4B
Time
$2.8B
$3.1B
Total Deposits
$21.2B
$20.6B
Securities Sold Under Agreements to Repurchase
$50.0M
$100.0M
Other Debt
$558.2M
$558.3M
Operating Lease Liabilities
$92.4M
$88.8M
Retirement Benefits Payable
$20.1M
$23.8M
Accrued Interest Payable
$22.4M
$34.8M
Other Liabilities
$393.6M
$494.7M
Total Liabilities
$22.3B
$21.9B
Common Stock ($.01 par value; authorized 500,000,000 shares; issued / outstanding: December 31, 2025 - 58,780,253 / 39,725,698; and December 31, 2024 - 58,765,907 / 39,762,255)
$587.0K
$585.0K
Capital Surplus
$664.8M
$647.4M
Accumulated Other Comprehensive Loss
-$244.4M
-$343.4M
Retained Earnings
$2.2B
$2.1B
Treasury Stock, at Cost (Shares: December 31, 2025 - 19,054,555 and December 31, 2024 - 19,003,609)
-$1.1B
-$1.1B
Total Shareholders Equity
$1.9B
$1.7B
$1.4B
$1.3B
Total Liabilities and Shareholders Equity
$24.2B
$23.6B
Debt securities, held-to-maturity, fair value
$3.7B
$3.8B
Common Stock, par value (in dollars per share)
$0.01
$0.01
Common Stock, authorized (in shares)
500.0M shares
500.0M shares
Common Stock, issued (in shares)
58.8M shares
58.8M shares
Common Stock, outstanding (in shares)
39.7M shares
39.8M shares
Treasury Stock (in shares)
19.1M shares
19.0M shares
Cash from operations111213109$218.3M in 2025−7% since 2019Capital spending111213109$34.1M in 2025−37% since 2019Free cash flow111213109$184.3M in 2025+2% since 2019Dividends paid111213109$113.0M in 2025+7% since 2019Share buybacks111213109$5.0M in 2025−96% since 2019
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.9
Period ending
2025-12-31
2024-12-31
2023-12-31
Net Income
$205.9M
$150.0M
$171.2M
Provision for Credit Losses
$11.5M
$11.2M
$9.0M
Depreciation and Amortization
$18.8M
$20.1M
$21.3M
Amortization of Deferred Loan and Lease (Fees) Costs, Net
-$944.0K
-$325.0K
$491.0K
Amortization and Accretion of Premiums/Discounts on Investment Securities, Net
$11.4M
$12.2M
$13.2M
Amortization of Operating Lease Right-of-Use-Assets
$11.6M
$11.5M
$11.7M
Share-Based Compensation
$16.2M
$14.4M
$15.7M
Benefit Plan Contributions
-$2.2M
-$2.1M
-$2.1M
Deferred Income Taxes
$2.5M
-$12.2M
-$11.2M
Net Gains on Sales of Loans and Leases
-$2.3M
-$2.3M
-$2.1M
Gross Losses on Sales of Investment Securities
$16.8M
$0
$4.6M
Gain on Sale of Merchant Portfolio, Net of Cash Received
-$16.0M
$0
$0
Proceeds from Sales of Loans Held for Sale
$22.7M
$61.2M
$57.7M
Originations of Loans Held for Sale
-$24.7M
-$59.8M
-$60.1M
Net Change in Other Assets and Other Liabilities
-$52.9M
-$32.9M
-$90.6M
Net Cash Provided by Operating Activities
$218.3M
$170.9M
$138.8M
Proceeds from Sales, Prepayments, and Maturities
$537.1M
$213.4M
$474.9M
Purchases
-$1.3B
-$470.8M
-$511.0K
Proceeds from Prepayments and Maturities
$388.2M
$395.4M
$434.5M
Net Change in Loans and Leases
-$27.2M
-$99.8M
-$325.3M
Purchases of Premises and Equipment
-$34.1M
-$9.7M
-$9.4M
Net Cash (Used in) Provided by Investing Activities
-$403.1M
$28.5M
$574.2M
Net Change in Deposits
$555.5M
-$422.0M
$439.3M
Repayment of Long-Term Debt
-$50.1M
-$50.5M
-$575.0M
Proceeds from Other Debt
$0
$0
$1.4B
Repayments of Other Debt
$0
-$105.0K
-$1.2B
Proceeds from Issuance of Preferred Stock
$0
$160.6M
$0
Proceeds from Issuance of Common Stock
$5.1M
$5.4M
$5.9M
Common Stock Repurchased Under Share Repurchase Program
-$5.0M
$0
-$9.9M
Equity Compensation Plan Common Stock Repurchases
-$3.8M
-$5.3M
-$4.4M
Cash Dividends Paid on Common Stock
-$113.0M
-$112.3M
-$111.8M
Cash Dividends Paid on Preferred Stock
-$21.1M
-$12.6M
-$7.9M
Net Cash Provided by (Used in) Financing Activities
Bank of Hawaii is part of a group headed by BANK OF HAWAII CORPORATION. 6 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Bank Holding Company Subsidiary · Delaware, United States
BANK OF Subsidiary · Hawaii, United States
Pacific Capital Tax-Free Securities Fund Fund · Honolulu, Hawaii, United States
Pacific Capital U.S. Government Money Market Fund Fund · Honolulu, Hawaii, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G; owners and owned firms from Form ADV, the registration investment advisers file with the SEC. Each entity in the chart links to its source.
What it owns
What Bank of Hawaii reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Our principal office is a leased facility located in the Financial Plaza of the Pacific in Honolulu, Hawaiʻi. We own and lease other branch offices and operating facilities located throughout Hawaiʻi and the West Pacific. We believe our current facilities are adequate to meet our needs. Additional information with respect to premises and equipment is presented in Note 5 and Note 22 in Item 8. “Notes to Consolidated Financial Statements.”
In 1893, Charles Montague Cooke (1849–1909) with his brother-in-law Joseph Ballard Atherton and business partner Peter Cushman Jones founded Bank of Hawaii. In 1897, it was chartered in the Republic of Hawaii by Interior Minister James A. King. A decade after its founding, in 1903, the bank opened its first branch in Kauai. In 1922, the bank acquired First Bank of Hilo, which had four branches. In 1930, it amalgamated Bank of Maui.
In 2001, BOH sold its 6.2mn shares and 5.4mn convertible notes in Bank of Queensland for $20 million and $16 million respectively. The decision reflected PCFC's new strategic plan, which mandated a focus on the bank's core markets in Hawaii, American Samoa, and Guam. BOH sold its shareholding in the Bank of Tonga and Pacific Commercial Bank of Samoa to Westpac. BOH and Westpac both had 30 percent interests in Bank of Tonga and 42 percent interests in Pacific Commercial Bank. BOH sold its operations in Papua New Guinea, Vanuatu, and Fiji to ANZ for AU$100 million. BOH sold its approximately 95 percent share interest in its French Polynesia and New Caledonia operations to France-based Caisse Nationale des Caisses d'Epargne (CNCE). Its operations in French Polynesia included 17 branches of its subsidiary, Banque de Tahiti, and about 265 employees. Its operations in New Caledonia included eight branches of subsidiary Bank of Hawaii-Nouvelle Caledonie and about 190 employees. Lastly, BOH closed its offices in Hong Kong, Seoul, Singapore, and Taipei.
In 2002, BOH was unable to find a buyer for its bank properties in the Central Pacific when it was trying to withdraw from those markets. As a result, BOH closed its Majuro branch in the Republic of the Marshall Islands (RMI) and its three branches in Pohnpei, Yap, and Kosrae in the Federated States of Micronesia (FSM). BOH turned over its 51 percent interest in National Bank of Solomon Islands to the government of the Solomon Islands.
Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Acquisitions
In 1998, BOH bought 5.4mn convertible notes of Bank of Queensland for $22 million as part of a strategic alliance giving rise to a true reflecting of the convertible note value into 49% ownership at that time. It also acquired 100 percent of Banque Paribas Pacifique (est. 1972; 3 branches) and 70 percent of Banque Paribas Polynésie (est. 1984; 1 branch). BOH integrated the operations with Bank of Hawaii-Nouvelle Calédonie and Banque de Tahiti, respectively. In 1999, BOH bought 5.8mn shares (approx. 10 percent) in Bank of Queensland.
Oct 26, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $1.20 a share, on Oct 27, 2025.88
When it reported results
Jul 27, 2026Reported quarterly or annual results76
Apr 20, 2026Reported quarterly or annual results78
Jan 26, 2026Reported quarterly or annual results81
Oct 27, 2025Reported quarterly or annual results82
Jul 28, 2025Reported quarterly or annual results83
Apr 22, 2025Reported quarterly or annual results86
Apr 21, 2025Reported quarterly or annual results87
Jan 27, 2025Reported quarterly or annual results89
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
398 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 52 major events, 241 insider forms, 25 large holders, 59 other. The latest 20:
24 open-market trades by officers, directors and large owners since October 2021: 5 buys and 19 sales. Grants, option exercises and gifts are left out.
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
Depository Shares, Each Representing 1/40th Interest in a Share of 4.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A
BOH.PRA
New York Stock Exchange
Depository Shares, Each Representing 1/40th Interest in a Share of 8.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B
BOH.PRB
New York Stock Exchange
From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).18
Risk factors and legal proceedings
The risks Bank of Hawaii names in Item 1A of its 10-K filed Feb 24, 2026: 33 risks under these headings, as written.18
Risks Related to Macroeconomic and Political Conditions
Our business is sensitive to regional business and economic conditions, in particular those of Hawaiʻi, Guam and other Pacific Islands.
Our loan portfolio is largely secured by real estate, and a downturn in the real estate market may adversely affect our results of operations.
Significant changes to the size, structure, powers and operations of the federal government, changes to U.S. economic policies, the effects of any prolonged shutdown of the federal government, and uncertainties regarding the potential for these changes may cause economic disruptions that could, in turn, adversely impact our business, results of operations and financial condition.
A sustained period of high inflation or other high-cost economic environment could pose a risk to local economies and the financial performance of the Bank.
Climate change and the governmental responses to it could have a material adverse impact on the Bank and its customers.
Disruptions, instability and failures in the banking industry may negatively impact us.
Any reduction in defense spending by the federal government in the State of Hawaiʻi could adversely impact the economy in Hawaiʻi and the West Pacific.
Changes in interest rates could adversely impact our results of operations and capital.
Our allowance for credit losses may prove to be insufficient to absorb losses or appropriately reflect, at any given time, the inherent risk of loss in our loan portfolio.
Consumer protection initiatives and court decisions related to the foreclosure process affect our remedies as a creditor.
Changes in the capital markets could materially affect the level of assets under management and the demand for our other fee-based services.
The other 22 risks
Risks Related to Common Stock
The Parent’s liquidity is dependent on dividends from the Bank.
There can be no assurance that the Parent will continue to declare cash dividends.
Risks Related to Regulatory Changes
Fiscal and monetary policy changes may significantly impact our profitability and liquidity.
Legislation and regulatory initiatives affecting the financial services industry, including new interpretations, restrictions and requirements, could detrimentally affect the Company’s business.
Changes in the capital, leverage, liquidity requirements for financial institutions could materially affect future requirements of the Company.
Changes in income tax laws and interpretations, or in accounting standards, could materially affect our financial condition or results of operations.
Risks Related to Business Operations
A failure in or breach of our operational systems, information systems, or infrastructure, or those of our third-party vendors and other service providers, may result in financial losses, loss of customers, or damage to our reputation.
An interruption or breach in security of our information systems or those related to merchants and third-party vendors, including as a result of cyber attacks, could disrupt our business, result in the disclosure or misuse of confidential or proprietary information, damage our reputation, or result in financial losses.
Our mortgage banking income may experience significant volatility.
Our mortgage loan servicing business may be impacted if we do not meet our obligations, or if servicing standards change.
Risks related to representation and warranty provisions may impact our mortgage loan servicing business.
Risks relating to residential mortgage loan servicing activities may adversely affect our results.
The requirement to record certain assets and liabilities at fair value may adversely affect our financial results.
Natural disasters and adverse weather in Hawaiʻi and the West Pacific may negatively affect real estate property values and our operations.
General Risk Factors
Competition may adversely affect our business.
Our future performance will depend on our ability to respond timely to technological change.
The development and use of AI present risks and challenges that may adversely impact our business.
Negative public opinion could damage our reputation and adversely impact our earnings and liquidity.
We are subject to certain litigation, and our expenses related to this litigation may adversely affect our results.
Our performance depends on attracting and retaining key employees and skilled personnel to operate our business effectively.
The soundness of other financial institutions may adversely impact our financial condition or results of operations.
We have experienced increases in FDIC insurance assessments.
Legal proceedings
We are from time to time subject to lawsuits, investigations and claims arising out of the conduct of our business. There are no pending legal proceedings against or involving the Company for which the outcome is likely to have a material adverse effect upon its financial position or results of operations. For additional information, see Note 19 in Item 8. “Notes to Consolidated Financial Statements,” under the discussion related to Contingencies.