Q2 GAAP EPS of $1.47 exceeds expectations by $0.02, while revenue misses slightly at $196.9M.
Bank of Hawaii reported Q2 GAAP earnings per share of $1.47, surpassing estimates by $0.02. Revenue reached $196.9 million, up 12.6% year-over-year but $2.55 million below forecasts.
Net interest income climbed to $153.6 million, a 1.7% increase from the prior quarter. The results reflect modest growth in interest income amid a competitive lending environment.
Shares showed limited movement following the release, as investors weighed the earnings beat against the revenue miss.