What To Expect From Bank of Hawaii's (BOH) Q4 Earnings

Regional banking institution Bank of Hawaii (NYSE:BOH) will be reporting results this Monday before the bell. Here’s what investors should know.

Bank of Hawaii beat analysts’ revenue expectations by 2.7% last quarter, reporting revenues of $186 million, up 13.2% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ revenue estimates but a narrow beat of analysts’ EPS estimates.

Is Bank of Hawaii a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Bank of Hawaii’s revenue to grow 10.8% year on year to $185.4 million, improving from the 5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.26 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Bank of Hawaii has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Bank of Hawaii’s peers in the regional banks segment, some have already reported their Q4 results, giving us a hint as to what we can expect. ServisFirst Bancshares delivered year-on-year revenue growth of 20.7%, beating analysts’ expectations by 5%, and Dime Community Bancshares reported revenues up 24.5%, topping estimates by 5.2%. ServisFirst Bancshares traded up 14.6% following the results while Dime Community Bancshares was also up 12.5%.

Read our full analysis of ServisFirst Bancshares’s results here and Dime Community Bancshares’s results here.

Investors in the regional banks segment have had steady hands going into earnings, with share prices up 1.9% on average over the last month. Bank of Hawaii is up 1.2% during the same time and is heading into earnings with an average analyst price target of $74 (compared to the current share price of $69.55).

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