Bank of Hawaii Q3 10-Q: $1.49 EPS Confirmed; NPAs Jump to $43.4M on One Commercial Mortgage
BOH is trading near its 52-week low of $62.51 (13% above the low).
Summary
Bank of Hawaii's Q3 10-Q confirms the already-reported $1.49 EPS and $64.3 million net income, while disclosing a jump in non-performing assets to $43.4 million from one commercial mortgage and a $200 million buyback increase.
Key Events · Earnings and Guidance · BOH
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Q3 EPS of $1.49 Confirmed
Net income was $64.3 million, or $1.49 per diluted share, up 20.5% from $53.3 million a year earlier; net interest margin rose 36 basis points to 2.82%.
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Non-Performing Assets Jump to $43.4M
NPAs rose $29.2 million from $14.2 million at December 31, 2025, driven by a single commercial mortgage placed on non-accrual in Q3; management says it is borrower-specific, not broad deterioration.
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Buyback Authorization Raised $200M
In October 2026 the board increased the share repurchase authorization by $200 million, lifting remaining authority to $268.7 million after $52.3 million of repurchases in the first nine months.
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Deposits Down 3.3%, Unrealized Losses Widen
Total deposits fell to $20.5 billion from $21.2 billion at year-end 2025, and net unrealized losses on investment securities grew to $1.0 billion from $739.8 million as rates rose.
Analysis · BOH · Finance
The headline numbers were already out this morning via 8-K and newswire, so the earnings themselves won't move the stock again. What the full 10-Q adds is the balance-sheet detail: non-performing assets jumped to $43.4 million from $14.2 million at year-end, almost entirely one commercial mortgage that went non-accrual in the quarter, which management says is borrower-specific rather than broad credit deterioration. Deposits fell 3.3% to $20.5 billion and unrealized securities losses widened to $1.0 billion as rates rose, both worth watching for funding cost and capital pressure. Against that, the board added $200 million to the buyback in October, leaving $268.7 million of authority — a signal management sees the shares as reasonably valued.
How filings like this one have moved
In the 30 days to Oct 27, 2026, 29.9% of the 1374 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BOH was trading at $70.53 on NYSE in the Finance sector, with a market capitalization of approximately $2.8B. The 52-week trading range was $62.51 to $86.31. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.