BOH · Bank of Hawaii Q2 FY2026 earnings call record财报电话会记录

“For the second quarter, we reported diluted earnings per share of $1.47 and net income of $63.8 million, up 13% and 11% respectively from the prior quarter.”

“Net interest income increased to $153.6 million, and our net interest margin expanded by 4 basis points to 2.78%.”

“At the same time, the competitive environment for deposits remains elevated as customers continue to prioritize yield, which may limit opportunities for deposit cost improvement in the near term.”

“These advantages allow us to manage pricing thoughtfully while continuing to meet our customers' needs.”

“We continue to expect full year loan growth in the lower mid-single digit range.”

“The Center for Family Business & Entrepreneurs, which opened in April, continues to develop its client pipeline around succession and estate planning, business valuation, merger and acquisitions, and other complex needs.”

“Our portfolio is built on long tenured relationships with approximately 60% of both our commercial and consumer clients having been with the bank for more than 10 years.”

“For the quarter, we reported net income of $63.8 million and a diluted EPS of $1.47, up $6.4 million and $0.17 per share from the linked quarter.”

“Our capital ratios remained above the well-capitalized regulatory capital thresholds during the quarter, with Tier 1 capital and total risk-based capital of 14.5% and 15.5%, respectively.”

“Consistent with the linked quarter, we paid dividends of $28 million on our common stock and $5.3 million on our preferreds.”

“During the second quarter, we repurchased $17 million of common shares at an average price of approximately $78 per share.”

“I am currently planning to purchase an additional $20 million of stock during the third quarter, and $89 million remains available under the current repurchase plan.”