Why Is BANK HAWAII CORP (BOH) Stock Down Today?

Bank of Hawaii Corp (BOH) stock closed down 3.50% at $81.03 on Friday, marking a sharp reversal from its opening price of $83.20. The stock opened with a -0.9% gap down from the previous session and fell further during the morning, hitting an intraday low of $80.92. The decline occurred despite the company reporting second-quarter earnings above expectations, including a $0.70 quarterly dividend and improved net interest margin.

What Happened

Bank of Hawaii reported second-quarter 2026 earnings with GAAP EPS of $1.47, beating estimates by $0.02. The bank also maintained its quarterly dividend and repurchased shares. Net income reached $63.8 million, and net interest margin increased to 2.78%. These results were disclosed in a Form 8-K filed on July 27. However, revenue of $196.9 million missed estimates by $2.55 million. The earnings report was followed by a scheduled conference call to review the results. Analysts from Barclays and Stephens & Co. recently raised price targets to $88 and $86 respectively, while Benchmark initiated coverage with a Hold rating.

What The Data Shows

The stock traded at a market cap of $3.3 billion with a P/E ratio of 16.9. Revenue grew 13.9% trailing twelve months, and the stock’s beta of 0.69 indicates lower volatility than the market. The stock is currently trading within its 52-week range of $59.36 to $86.31. Intraday volume was 0.0 million shares, significantly below the 3-month average. No unusual options activity or insider trades were reported in the last 90 days. Recent congressional trades included purchases and a sale by Donald J. Trump, but these were not directly linked to the stock’s performance.

What To Watch

Bank of Hawaii’s next key event is its scheduled conference call to discuss second-quarter results. Investors will also monitor coverage breadth, particularly the reaction to the revenue miss and how analysts adjust their forecasts in the coming days.