HONOLULU (AP) — HONOLULU (AP) — Bank of Hawaii Corp. (BOH) on Monday reported third-quarter net income of $53.3 million.
The bank, based in Honolulu, said it had earnings of $1.20 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The bank holding company posted revenue of $273.7 million in the period. Its revenue net of interest expense was $182.6 million, which also beat Street forecasts.
Bank of Hawaii shares have decreased 10% since the beginning of the year. The stock has dropped 3% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOH at https://www.zacks.com/ap/BOH
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