We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unlocking Q3 Potential of Bank of Hawaii (BOH): Exploring Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts expect Bank of Hawaii (BOH - Free Report) to post quarterly earnings of $1.52 per share in its upcoming report, which indicates a year-over-year increase of 26.7%. Revenues are expected to be $203.16 million, up 11.2% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Bank of Hawaii metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Efficiency Ratio' to come in at 55.8%. The estimate is in contrast to the year-ago figure of 61.5%.
Analysts predict that the 'Average Balance - Total earning assets' will reach $22.25 billion. Compared to the current estimate, the company reported $22.38 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Non-Performing Assets' of $13.61 million. The estimate is in contrast to the year-ago figure of $16.86 million.
The consensus estimate for 'Total Non-Accrual Loans and Leases' stands at $13.33 million. Compared to the present estimate, the company reported $16.74 million in the same quarter last year.
The combined assessment of analysts suggests that 'Net Interest Income (FTE)' will likely reach $159.50 million. The estimate is in contrast to the year-ago figure of $138.30 million.
The average prediction of analysts places 'Fees, Exchange, and Other Service Charges' at $11.27 million. Compared to the present estimate, the company reported $15.22 million in the same quarter last year.
Based on the collective assessment of analysts, 'Total Non-Interest Income' should arrive at $43.66 million. The estimate compares to the year-ago value of $45.97 million.
The consensus among analysts is that 'Bank-Owned Life Insurance' will reach $3.97 million. Compared to the current estimate, the company reported $3.68 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Trust and Asset Management' should come in at $13.12 million. The estimate is in contrast to the year-ago figure of $12.60 million.
It is projected by analysts that the 'Service Charges on Deposit Accounts' will reach $8.52 million. Compared to the present estimate, the company reported $8.51 million in the same quarter last year.
Analysts' assessment points toward 'Net Interest Income' reaching $158.11 million. The estimate is in contrast to the year-ago figure of $136.68 million.
Analysts forecast 'Other non-interest income' to reach $5.19 million. Compared to the present estimate, the company reported $5.90 million in the same quarter last year.
Shares of Bank of Hawaii have demonstrated returns of -4% over the past month compared to the Zacks S&P 500 composite's +1% change. With a Zacks Rank #3 (Hold), BOH is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Image: Bigstock
Unlocking Q3 Potential of Bank of Hawaii (BOH): Exploring Wall Street Estimates for Key Metrics
Wall Street analysts expect Bank of Hawaii (BOH - Free Report) to post quarterly earnings of $1.52 per share in its upcoming report, which indicates a year-over-year increase of 26.7%. Revenues are expected to be $203.16 million, up 11.2% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.8% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Bank of Hawaii metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts expect 'Efficiency Ratio' to come in at 55.8%. The estimate is in contrast to the year-ago figure of 61.5%.
Analysts predict that the 'Average Balance - Total earning assets' will reach $22.25 billion. Compared to the current estimate, the company reported $22.38 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total Non-Performing Assets' of $13.61 million. The estimate is in contrast to the year-ago figure of $16.86 million.
The consensus estimate for 'Total Non-Accrual Loans and Leases' stands at $13.33 million. Compared to the present estimate, the company reported $16.74 million in the same quarter last year.
The combined assessment of analysts suggests that 'Net Interest Income (FTE)' will likely reach $159.50 million. The estimate is in contrast to the year-ago figure of $138.30 million.
The average prediction of analysts places 'Fees, Exchange, and Other Service Charges' at $11.27 million. Compared to the present estimate, the company reported $15.22 million in the same quarter last year.
Based on the collective assessment of analysts, 'Total Non-Interest Income' should arrive at $43.66 million. The estimate compares to the year-ago value of $45.97 million.
The consensus among analysts is that 'Bank-Owned Life Insurance' will reach $3.97 million. Compared to the current estimate, the company reported $3.68 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Trust and Asset Management' should come in at $13.12 million. The estimate is in contrast to the year-ago figure of $12.60 million.
It is projected by analysts that the 'Service Charges on Deposit Accounts' will reach $8.52 million. Compared to the present estimate, the company reported $8.51 million in the same quarter last year.
Analysts' assessment points toward 'Net Interest Income' reaching $158.11 million. The estimate is in contrast to the year-ago figure of $136.68 million.
Analysts forecast 'Other non-interest income' to reach $5.19 million. Compared to the present estimate, the company reported $5.90 million in the same quarter last year.
View all Key Company Metrics for Bank of Hawaii here>>>Shares of Bank of Hawaii have demonstrated returns of -4% over the past month compared to the Zacks S&P 500 composite's +1% change. With a Zacks Rank #3 (Hold), BOH is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .