Loading…
← CockpitCompetitor Analysis › BOH Bank of Hawaii CorpOpen in the cockpit ↗

Bank of Hawaii CorpBOHCompetitor analysis, valuation and peers

United States · USD·Financials›Regional Banks

Hawaii and Pacific-region bank offering retail, commercial and wealth-management banking across the islands and Guam.

Momentum weak 38
Mkt cap
$2.73B
US dollars, full cap
Free float
99%
of shares outstanding
$/day
$28.2M
20-day average traded
P/B
1.84×
price to book
ROE
13.6%
delivered
Implied ROE
13.0%
what the price asks
Next earnings
80 days
25 Jan 2027
Close · USD$69.64
1D-0.4%
1W-0.2%
1M+2.9%
3M-11.5%
6M-13.4%
YTD+1.9%
1Y+6.2%
ATR %2.4%
Beta0.47
52w lowhigh19.3% off high

What Bank of Hawaii does

Hawaii and Pacific-region bank offering retail, commercial and wealth-management banking across the islands and Guam.

Earns most from the spread between deposit costs and loan yields, with home mortgages and commercial real-estate loans in Hawaii making up much of the loan book, plus fees from wealth management and cards. With First Hawaiian it is one of the state's two largest banks.

Products and services

  • Commercial banking
  • Retail banking
  • Wealth management

Customers

  • Hawaii consumers and businesses

Where it sits in the supply chain

  • Financial services
  • Regional banks
  • Hawaii/Pacific banking

What could go right

  • Hawaii tourism and real estate lending

What could go wrong

  • Concentration in a small, tourism-dependent island economy

Moat: narrow (scale, distribution, brand). Long-established island-wide branch network and brand loyalty built over more than a century.

Headquarters: Honolulu, Hawaii, US · Founded: 1897 · Employees: 1,877

Named competitors

Bank of Hawaii at a glance

Size Bank of Hawaii (BOH) is a United States Financials company (Regional Banks) with a market value of $2.73B, the 1604th largest of 3,117 United States companies the cockpit tracks. Shares closed at $69.64 on 6 Nov 2026.

Performance Over six months the shares fell 13.4%, against +3.4% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 21 in its peer set.

Growth Revenue grew 0.7% over the last twelve months (peer median +0.6%); the operating margin is 38.2% (peer median 36.7%).

Valuation It trades at 1.84× book value against a peer median of 1.04× (3rd most expensive of 21).

Price implies The share price implies a return on equity of about 13.0%; Bank of Hawaii delivers 13.6%, so the price asks less than the business earns today.

Short interest Short interest is 11.3% of the free float (15 Oct 2026).

Next results Next results expected around 25 Jan 2027 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 102BOH 89
Six months, rebased to 100: Bank of Hawaii against the median of its 20 peers (local-currency closes).

Bank of Hawaii financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$1.07B$1.07B$1.04B$984M$752M
Revenue growth—+3%+5%+31%—
Net income$246M$206M$150M$171M$226M
Free cash flow$269M$184M$161M$143M$277M
Capital expenditure$47.6M$34.1M$9.68M$9.40M$28.8M
Total debt$1,000M$701M$747M$805M$1.24B

Quarterly statements and history in the cockpit →

Bank of Hawaii competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-10%0%+10%-10%0%+10%835828389677FBNC601187CUBI9889BANC138930TRMKBBTBANRVATN8524002958SYBTCMBN2356MBINBOH6-month return →1-month return →
Up and to the right = strong over both horizons. Bank of Hawaii is the large dot.

Fundamentals: return on equity against price-to-book

7.5%10%12.5%15%0.50×10×1.50×20×835828389677FBNC601187CUBI9889BANC138930TRMKBBTBANRVATN8524002958SYBTCMBNFHB2356MBINBOHReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Bank of Hawaii is the large dot.

Capital: ROE delivered against the ROE the price implies

0%5%10%15%0%5%10%15%835828389677FBNC601187CUBI9889BANCTRMKBBTBANR8524002958CMBN2356MBINBOHROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Bank of Hawaii is the large dot.

Bank of Hawaii competitors and peer comparison

Head to head with its named competitors (BOH vs FHB vs CPF)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Bank of Hawaii BOH$2.73B-13%+1%14%1.84×13.0%
First Hawaiian FHB$3.04B-9%+1%10%1.08×9.3%
Central Pacific Financial CPF$974M+10%+4%15%1.68×13.2%

How Bank of Hawaii compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bank of Hawaii against its 20 peers (data as of 6 Nov 2026)
MeasureBOHPeer medianRank in peer set
1-month return+2.9%+0.1%9th highest of 21
6-month return-13.4%+3.4%3rd lowest of 21
Return on equity13.6%9.5%4th highest of 21
Price / book1.84×1.04×3rd most expensive of 21
Trailing P/E12.3×11.2×7th most expensive of 19
ROE the price implies13.0%8.0%2nd most demanding of 19
ROE delivered13.6%9.9%4th highest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Bank of Hawaii BOHUnited States$2.73B-13%+1%14%1.84×13.0%13.6%
Suruga Bank 8358.TJapan$2.73B+10%+13%14%1.32×8.2%13.7%
Union Bank of Taiwan 2838.TWTaiwan$2.75B+2%-9%8%1.06×3.7%8.5%
Weihai Bank 9677.HKHong Kong$2.70B+5%+6%9%0.64×4.5%9.2%
First Bancorp FBNCUnited States$2.67B+10%+14%10%1.56×12.2%9.9%
Xiamen Bank 601187.SSChina$2.67B-13%0%10%0.63×3.2%10.0%
Customers Bancorp CUBIUnited States$2.82B+10%+8%14%1.29×14.7%13.6%
Dongguan Rural Commercial Bank 9889.HKHong Kong$2.63B-14%0%7%0.29×3.7%6.6%
Banc of California BANCUnited States$2.86B-6%-14%0%1.00×8.6%-0.3%
BNK Financial 138930.KSSouth Korea$2.88B-31%+10%8%0.39×4.1%n/a
Trustmark TRMKUnited States$2.58B0%-4%11%1.25×9.6%11.2%
Beacon Financial BBTUnited States$2.57B+6%+74%9%1.02×7.9%9.1%
Banner BANRUnited States$2.55B+7%+2%10%1.20×10.1%10.0%
Valiant VATN.SWSwitzerland$2.93B-9%-11%6%0.86×n/a5.8%
North Pacific Bank 8524.TJapan$2.50B+8%+25%7%1.02×8.1%7.1%
Qingdao Rural Commercial Bank 002958.SZChina$2.47B-2%-9%8%0.41×2.5%7.9%
Stock Yards Bancorp SYBTUnited States$2.46B+10%+10%32%2.17×n/a32.4%
Cembra Money Bank CMBN.SWSwitzerland$3.03B-9%-3%15%1.93×4.1%14.7%
First Hawaiian FHBUnited States$3.04B-9%+1%10%1.08×9.3%9.9%
Dah Sing Banking 2356.HKHong Kong$2.45B+5%-8%8%0.53×5.5%7.5%
Merchants Bancorp MBINUnited States$2.38B+12%0%14%1.23×12.6%13.6%

Questions

Who are Bank of Hawaii's main competitors?
Named competitors: First Hawaiian (FHB), Central Pacific Financial (CPF). The cockpit's measured peer set (industry) also includes Suruga Bank (8358.T), Union Bank of Taiwan (2838.TW), Weihai Bank (9677.HK), First Bancorp (FBNC), Xiamen Bank (601187.SS), Customers Bancorp (CUBI).
Is Bank of Hawaii expensive compared with its peers?
On price / book it trades at 1.84× against a peer median of 1.04×, 3rd most expensive of 21 in its peer set. The share price implies a return on equity of about 13.0%; Bank of Hawaii delivers 13.6%, so the price asks less than the business earns today.
How has Bank of Hawaii stock performed?
Over six months to 6 Nov 2026 the shares returned -13.4% against +3.4% for the median peer; over one year +6.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.