Bank of Hawai‘i Corporation (BOH) Q2 2025 Financial Results Summary

# Bank of Hawai‘i Corporation (BOH) Q2 2025 Financial Results Summary

**Release Date: July 28, 2025**

Bank of Hawai‘i Corporation (NYSE: BOH) reported its financial results for the second quarter of 2025 on July 28, 2025. Below is a summary of the key metrics and highlights from the report:

### Financial Highlights
– **Diluted Earnings Per Common Share**: **$1.06**
– **Increase of 9.3%** from $0.97 in Q1 2025 and **30.9%** from $0.81 in Q2 2024.

– **Net Income**: **$47.6 million**
– Up **8.3%** from $43.9 million in Q1 2025 and **39.8%** from $34.1 million in Q2 2024.

– **Return on Average Common Equity**: **12.50%**
– Compared to **11.80%** in Q1 2025 and **10.41%** in Q2 2024.

### Net Interest Income
– **Net Interest Income**: **$129.7 million**
– Increased by **3.1%** from $125.8 million in Q1 2025 and **12.9%** from $114.8 million in Q2 2024.

– **Net Interest Margin**: **2.39%**
– An increase of **7 basis points** from Q1 2025 and **24 basis points** from Q2 2024.

– **Average Yield on Loans and Leases**: **4.80%**
– Up **8 basis points** from Q1 2025 and **4 basis points** from Q2 2024.

– **Average Yield on Total Earning Assets**: **4.01%**
– Up **6 basis points** from Q1 2025 and **2 basis points** from Q2 2024.

– **Average Rate of Interest-Bearing Deposits**: **2.16%**
– Flat compared to Q1 2025 and down **30 basis points** from Q2 2024.

### Noninterest Income and Expense
– **Noninterest Income**: **$44.8 million**
– Up **1.7%** from $44.1 million in Q1 2025 and **6.4%** from $42.1 million in Q2 2024.

– **Noninterest Expense**: **$110.8 million**
– An increase of **0.3%** from $110.5 million in Q1 2025 and **1.4%** from $109.2 million in Q2 2024.

### Credit Quality
– **Provision for Credit Losses**: **$3.3 million**
– Unchanged from Q1 2025 and up from $2.4 million in Q2 2024.

– **Total Non-Performing Assets**: **$17.9 million**
– Up **2.3%** from $17.5 million in Q1 2025 and up **17.7%** from $15.2 million in Q2 2024.

– **Net Loan and Lease Charge-offs**: **$2.6 million**
– Down **7.2%** from Q1 2025 and down **23.5%** from Q2 2024.

### Balance Sheet Metrics
– **Total Assets**: **$23.7 billion**
– A decrease of **0.7%** from Q1 2025 and an increase of **1.8%** from $23.3 billion in Q2 2024.

– **Total Loans and Leases**: **$14.0 billion**
– Down **0.8%** from Q1 2025 and up **1.2%** from $13.8 billion in Q2 2024.

– **Total Deposits**: **$20.8 billion**
– A decrease of **1.0%** from Q1 2025 and an increase of **1.9%** from $20.4 billion in Q2 2024.

### Capital and Dividends
– **Tier 1 Capital Ratio**: **14.17%**
– Increased from **13.93%** in Q1 2025 and from **13.96%** in Q2 2024.

– **Quarterly Dividend Declared**: **$0.70 per common share**
– Payable on September 15, 2025, to shareholders of record on August 29, 2025.

– **No Share Repurchases**:
– Total remaining buyback authority under the share repurchase program was $126.0 million as of June 30, 2025.

### Summary
Bank of Hawai‘i Corporation demonstrated strong financial performance in Q2 2025, marked by significant increases in net income and earnings per share, alongside robust net interest income and margins. The company also continued to maintain high capital ratios and declared a stable dividend. While facing slight decreases in total assets and deposits compared to the prior quarter, the annual comparisons indicate growth and stability, reflecting the company’s solid operational management in challenging market conditions.

Here are the extracted tables from the press release:

### CONDENSED CONSOLIDATED STATEMENTS OF INCOME (dollars in thousands, except per share amounts)

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### CONDENSED CONSOLIDATED BALANCE SHEETS (dollars in thousands)

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These tables maintain the original formats and structure as requested.