Bank of Hawaii

BOH · NYSE

$68.64+$1.33 (+1.98%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $67.31

BOH analyst rating

HoldConsensus of 6 analysts over the last 12 months. 33% rate it a buy.

Strong buy0
Buy2
Hold4
Underperform0
Sell0

12-month price target · 8 analysts

Average $86.87 (+26.6% upside)

Low: $78.78
Now: $68.64
High: $96.60

Upgrades and downgrades

The latest rating actions, newest first

BOH analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Piper Sandler	Oct 1, 2026	Maintains	Neutral	$85.00 → $78.00	68%
Keefe, Bruyette & Woods	Aug 3, 2026	Maintains	Outperform	$95.00 → $92.00	63%
DA Davidson	Jul 28, 2026	Maintains	Neutral	$80.00 → $85.00	50%
Barclays	Jul 28, 2026	Maintains	Equal-Weight	$88.00 → $85.00	54%
Benchmark	Jul 9, 2026	Initiates	Hold	—	70%
Barclays	Jul 7, 2026	Maintains	Equal-Weight	$86.00 → $88.00	54%
Stephens & Co.	Apr 21, 2026	Maintains	Overweight	$82.00 → $86.00	67%
DA Davidson	Apr 21, 2026	Maintains	Neutral	$77.00 → $82.00	50%
Keefe, Bruyette & Woods	Apr 21, 2026	Maintains	Outperform	$91.00 → $95.00	63%
Barclays	Apr 7, 2026	Maintains	Equal-Weight	$83.00 → $86.00	54%

The case for and against

Updated Oct 10, 2026

Bull case

Bank of Hawaii is favored because its franchise combines a loyal, low-cost deposit base in Hawaii with consistently strong credit quality, giving it a durable funding advantage and resilience versus mainland peers. Margin expansion remains the key earnings driver: net interest margin has risen from 2.11% in 1Q24 to 2.74% in 1Q26, supported by repricing and lower deposit costs, while deposits of $21.0 billion and noninterest DDA at 27% reinforce balance-sheet strength. With CET1 at 12.1%, TCE at 6.2%, low-single-digit loan growth, ongoing buybacks, and upside from wealth management and a healthy local economy, the bank appears well positioned for improving profitability and capital returns.

Bear case

Bank of Hawaii is facing a weak fundamental backdrop because loan growth has been sluggish, with balances unchanged last year and up only 0.6% in 2024, raising the risk that earnings estimates and stock performance remain under pressure. Although commercial real estate helped offset declines in auto, home equity, C&I, and construction lending, the broader mix still points to limited organic momentum, and deposits were also uneven, down 2% in 2024 and then up 2.7% in 2025 before falling 1.1% in 1Q26. The outlook is further dampened by exposure to Hawaii’s tourism-driven economy, where prolonged high jet fuel prices and airfares could hurt activity, while slower loan growth, margin compression, and any credit deterioration would add downside risk.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.