Cullen Frost Bankers Inc. Buys New Position in Bank of Hawaii Corporation $BOH

Cullen Frost Bankers Inc. purchased a new stake in Bank of Hawaii Corporation (NYSE:BOH) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 15,000 shares of the bank’s stock, valued at approximately $985,000.

A number of other hedge funds have also added to or reduced their stakes in BOH. Royal Bank of Canada boosted its stake in shares of Bank of Hawaii by 16.4% during the 1st quarter. Royal Bank of Canada now owns 26,241 shares of the bank’s stock valued at $1,808,000 after purchasing an additional 3,689 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Bank of Hawaii by 177.5% in the first quarter. AQR Capital Management LLC now owns 23,818 shares of the bank’s stock worth $1,617,000 after buying an additional 15,234 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Bank of Hawaii by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,272 shares of the bank’s stock worth $1,605,000 after buying an additional 1,027 shares during the period. Intech Investment Management LLC boosted its position in Bank of Hawaii by 35.8% during the 1st quarter. Intech Investment Management LLC now owns 19,808 shares of the bank’s stock valued at $1,366,000 after acquiring an additional 5,227 shares in the last quarter. Finally, Strs Ohio purchased a new position in shares of Bank of Hawaii during the 1st quarter worth approximately $41,000. 82.18% of the stock is owned by hedge funds and other institutional investors.

More Bank of Hawaii News

Here are the key news stories impacting Bank of Hawaii this week:

• Positive Sentiment: Q4 results beat expectations — BOH reported $1.39 EPS vs. consensus ~$1.25 and revenue of $189.7M, with meaningful YoY earnings improvement and stronger profitability metrics that underpin the rally. Business Wire: Q4 & Full Year Results
• Positive Sentiment: Management outlined a path to a potential 2.90% net interest margin by end-2026 driven by a “deposit remix” toward lower-cost or differently priced funding — this guidance signals further margin-driven earnings upside if execution holds. MSN: NIM outlook
• Positive Sentiment: Dividend declared — BOH announced a quarterly dividend of $0.70/share (annualized yield ~3.7%) with an ex-dividend date of Feb 27 and pay date Mar 13, which supports income-oriented investor demand.
• Neutral Sentiment: Earnings call and supporting materials available — management commentary and the slide deck outline drivers of revenue, margins and capital deployment; review the call for detail on deposit composition, loan growth and expense outlook. MarketBeat: Call & Slides
• Neutral Sentiment: Analyst/coverage write-ups highlight “margin-fueled” improvements and improved ROE, but some note the improvements are partly driven by funding mix and one-time items — read analyst takes for differing assumptions. Seeking Alpha: Metric Improvement
• Negative Sentiment: Execution and risk caveat — the 2.90% NIM target is labeled “potential” and depends on sustained deposit remix and funding cost management; failure to execute or faster deposit repricing could limit margin upside and compress future earnings.

Analyst Ratings Changes

A number of research analysts have recently commented on BOH shares. DA Davidson restated a “neutral” rating and issued a $70.00 target price on shares of Bank of Hawaii in a research note on Tuesday, October 28th. Wall Street Zen lowered Bank of Hawaii from a “hold” rating to a “sell” rating in a research report on Sunday, January 4th. Weiss Ratings restated a “hold (c)” rating on shares of Bank of Hawaii in a report on Monday, December 29th. Finally, Barclays increased their price target on shares of Bank of Hawaii from $66.00 to $68.00 and gave the stock an “underweight” rating in a research note on Tuesday, October 28th. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $71.25.

Bank of Hawaii Stock Up 6.1%

BOH stock opened at $75.15 on Tuesday. Bank of Hawaii Corporation has a 1-year low of $57.44 and a 1-year high of $76.00. The business has a fifty day moving average price of $68.94 and a 200-day moving average price of $66.70. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market capitalization of $2.99 billion, a P/E ratio of 18.42, a P/E/G ratio of 0.62 and a beta of 0.75.

Bank of Hawaii (NYSE:BOH) last released its quarterly earnings data on Monday, January 26th. The bank reported $1.39 EPS for the quarter, beating the consensus estimate of $1.25 by $0.14. Bank of Hawaii had a return on equity of 13.33% and a net margin of 17.41%.The company had revenue of $189.65 million for the quarter, compared to analysts’ expectations of $184.83 million. During the same period last year, the firm posted $0.85 earnings per share. Equities analysts forecast that Bank of Hawaii Corporation will post 3.97 earnings per share for the current fiscal year.

Bank of Hawaii Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Friday, February 27th will be paid a $0.70 dividend. The ex-dividend date is Friday, February 27th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.7%. Bank of Hawaii’s payout ratio is currently 68.63%.

Insider Buying and Selling at Bank of Hawaii

In related news, CEO Peter S. Ho sold 15,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $67.87, for a total transaction of $1,018,050.00. Following the transaction, the chief executive officer owned 156,774 shares in the company, valued at $10,640,251.38. This represents a 8.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.07% of the stock is owned by insiders.

Bank of Hawaii Profile

Bank of Hawaii (NYSE: BOH) is a regional commercial bank headquartered in Honolulu, Hawaii, with roots tracing back to its founding in 1897 by Charles Montague Cooke and Peter Cushman Jones. As one of the oldest financial institutions in the U.S. West Coast region, the bank has built a reputation for stability and community focus. It operates as the principal subsidiary of Bank of Hawaii Corporation, a publicly traded company on the New York Stock Exchange.

The bank offers a comprehensive suite of personal and business banking products and services.