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Bank of Hawaii’s Margin Is ‘Nearing Bottom’: Analysts Explore Disappointing Q1 Results, Outlook

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Bank of Hawaii Corp (NYSE:BOH) reported disappointing revenues and earnings for the first quarter.

Here are some key analyst takeaways from the most recent first-quarter earnings report:

  • Keefe, Bruyette & Woods analyst Kelly Motta reiterated an Underperform rating, while raising the price target from $55 to $58.
  • Piper Sandler analyst Andrew Liesch maintained a Neutral rating, while cutting the price target from $65 to $60.

Check out other analyst stock ratings.

Keefe, Bruyette & Woods: Bank of Hawaii missed its NII (net interest income) margin guidance for the first quarter (Q1).

It contracted sequentially by 2 basis points (bps) amid “a higher-for-longer environment,” Motta said. That the contraction came …

Full story available on Benzinga.com

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