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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