Regional lender said net interest margin widened to 2.78%, loans and leases grew to $14.3 billion, and it repurchased $17.0 million of stock during the quarter.
Bank of Hawai‘i Corporation reported second-quarter 2026 diluted earnings per common share of $1.47 and net income of $63.8 million, up from $1.30 and $57.4 million in the linked quarter. The bank said net interest margin rose to 2.78% for a ninth consecutive quarterly increase, helped by fixed-rate assets rolling off and being reinvested at higher rates, while deposit costs and a shift toward higher-yielding interest-bearing accounts partly offset that benefit. Total loans and leases increased to $14.3 billion at June 30, 2026, deposits edged lower to $20.9 billion, and asset quality remained strong with non-performing assets of $11.5 million, or 0.08% of loans and leases and foreclosed real estate. The company also repurchased 216 thousand shares for $17.0 million, maintained capital above regulatory well-capitalized minimums, and declared a $0.70 quarterly common dividend payable on September 15, 2026.