HONOLULU (AP) — HONOLULU (AP) — Bank of Hawaii Corp. (BOH) on Monday reported fourth-quarter earnings of $60.9 million.
The bank, based in Honolulu, said it had earnings of $1.39 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The bank holding company posted revenue of $271.6 million in the period. Its revenue net of interest expense was $189.6 million, also exceeding Street forecasts.
For the year, the company reported profit of $205.9 million, or $4.63 per share. Revenue was reported as $716.6 million.
Bank of Hawaii shares have climbed almost 4% since the beginning of the year. The stock has declined slightly 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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