Bank of Hawaii Corporation (BOH)

Bank of Hawaii Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	657.36	653.62	590.61	439.8	398.62	417.5
Interest Income on Investments	210.32	210.14	219.76	157.57	128.1	128.93
Total Interest Income	867.68	863.75	810.38	597.37	526.72	546.42
Interest Paid on Deposits	361.4	368.76	250.85	39.68	15.22	32.97
Interest Paid on Borrowings	27.83	28.41	62.5	17.13	14.21	17.14
Total Interest Expense	389.23	397.17	313.35	56.81	29.43	50.1
Net Interest Income	478.45	466.58	497.03	540.56	497.29	496.32
Net Interest Income Growth (YoY)	0.72%	-6.13%	-8.05%	8.70%	0.19%	-0.28%
Trust Income	48.04	47.49	43.6	43.8	46.07	43.46
Mortgage Banking Activities	4.15	4.11	4.26	4.15	12.9	21.76
Gain (Loss) on Sale of Investments	-7.62	-7.51	-11.46	-6.11	-1.3	9.93
Other Non-Interest Income	96.99	96.01	109.1	84.25	86.05	88.24
Total Non-Interest Income	174.3	172.53	176.61	155.71	169.29	188.3
Non-Interest Income Growth (YoY)	-1.74%	-2.31%	13.42%	-8.02%	-10.10%	2.71%
Revenues Before Loan Losses	652.75	639.11	673.63	696.27	666.58	684.62
Provision for Loan Losses	12.4	11.15	9	-7.8	-50.5	117.8
Revenue	640.35	627.96	664.63	704.07	717.08	566.82
Revenue Growth (YoY)	-0.47%	-5.52%	-5.60%	-1.81%	26.51%	-14.77%
Salaries and Employee Benefits	211	205.67	204.63	235.27	228.29	207.33
Occupancy Expenses	26.43	26.33	24.53	23.97	26.24	37.93
Federal Deposit Insurance	15.88	17.85	28.31	6.55	6.54	5.78
Selling, General & Administrative	116.88	117.01	114.88	86.77	68.9	66.13
Other Non-Interest Expense	64.14	62.48	64.28	62.72	63.62	55.03
Total Non-Interest Expense	435.11	430.11	437.52	415.27	393.59	372.21
EBT Excluding Unusual Items	205.24	197.85	227.12	288.81	323.49	194.62
Asset Writedown	-	-	-	1.83	2.06	-3.89
Other Unusual Items	0.4	-	-	-	-	-
Pretax Income	205.64	197.85	227.12	290.63	325.55	189.12
Income Tax Expense	48.06	47.86	55.91	64.83	72.18	35.32
Net Income	157.59	149.99	171.2	225.8	253.37	153.8
Preferred Dividends & Other Adjustments	15.94	12.64	7.88	7.88	2.98	-
Net Income to Common	141.64	137.35	163.33	217.93	250.4	153.8
Net Income Growth	-1.97%	-12.39%	-24.18%	-10.88%	64.74%	-31.92%
Basic Shares Outstanding	40	39	39	40	40	40
Diluted Shares Outstanding	40	40	39	40	40	40
Shares Change (YoY)	0.74%	0.69%	-0.90%	-0.66%	0.40%	-1.86%
EPS (Basic)	3.59	3.48	4.16	5.50	6.29	3.87
EPS (Diluted)	3.56	3.46	4.14	5.48	6.25	3.86
EPS Growth	-7.99%	-16.43%	-24.45%	-12.32%	61.92%	-30.58%
Dividend Per Share	2.800	2.800	2.800	2.800	2.740	2.680
Dividend Growth	-	-	-	2.19%	2.24%	3.48%
Effective Tax Rate	23.37%	24.19%	24.62%	22.31%	22.17%	18.68%

Updated Apr 21, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q