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Bank of Hawaii (Bank of Hawaii) Net Interest Margin (Bank Only) %

: 2.11% (As of Dec. 2023)
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Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Bank of Hawaii's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $463.1 Mil. Bank of Hawaii's average earning assets for the quarter that ended in Dec. 2023 was $21,916.7 Mil. Therefore, Bank of Hawaii's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 2.11%.


Bank of Hawaii Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Bank of Hawaii's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of Hawaii Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.04 2.76 2.44 2.49 2.26

Bank of Hawaii Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Margin (Bank Only) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 2.46 2.20 2.16 2.11

Competitive Comparison

For the Banks - Regional subindustry, Bank of Hawaii's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Hawaii Net Interest Margin (Bank Only) % Distribution

For the Banks industry and Financial Services sector, Bank of Hawaii's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Bank of Hawaii's Net Interest Margin (Bank Only) % falls into.



Bank of Hawaii Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Bank of Hawaii's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=497.025/( (21951.94 + 22069.348)/ 2 )
=497.025/22010.644
=2.26 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=81.364 + 13436.331 + 8434.245
=21951.94

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=690.112 + 13764.11 + 7615.126
=22069.348

Bank of Hawaii's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=463.14/( (21764.01 + 22069.348)/ 2 )
=463.14/21916.679
=2.11 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=386.086 + 13714.156 + 7663.768
=21764.01

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=690.112 + 13764.11 + 7615.126
=22069.348

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Bank of Hawaii  (NYSE:BOH) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Bank of Hawaii Net Interest Margin (Bank Only) % Related Terms

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Bank of Hawaii (Bank of Hawaii) Business Description

Industry
Traded in Other Exchanges
Address
130 Merchant Street, Honolulu, HI, USA, 96813
Bank of Hawaii Corp provides a broad range of financial products and services primarily to customers in Hawaii, Guam, and other Pacific Islands. The Bank's subsidiaries are engaged in equipment leasing, securities brokerage, investment advisory services, and providing credit insurance. It is organized into three business segments for management reporting purposes: Consumer Banking, Commercial Banking, and Treasury and Other.
Executives
Patrick M Mcguirk officer: Vice Chair and CAO 5151 CORPORATE DRIVE, TROY MI 48098
Wo Robert W Jr director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
Suzanne P Vares-lum director 130 MERCHANT STREET, HONOLULU HI 96813
Kent Thomas Lucien director 130 MERCHANT STREET, HONOLULU HI 96813
Victor K Nichols director 130 MERCHANT STREET, HONOLULU HI 96813
Alicia E Moy director 130 MERCHANT STREET, HONOLULU HI 96813
Peter S Ho officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Matthew Emerson officer: Vice Chair 130 MERCHANT STREET, HONOLULU HI 96813
Jeanne Dressel officer: Principal Accounting Officer 130 MERCHANT STREET, HONOLULU HI 96813
Sharon M Crofts officer: VICE CHAIRMAN 130 MERCHANT STREET, HONOLULU HI 96813
Elliot K Mills director 130 MERCHANT STREET, HONOLULU HI 96813
Mary E Sellers officer: Vice Chair &, Chief Risk Officer 130 MERCHANT STREET, 22ND FLR, HONOLULU HI 96813
Dean Y Shigemura officer: Sr EVP & Controller 130 MERCHANT STREET, HONOLULU HI 96813
Barbara J Tanabe director 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813
John C Erickson director 1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248

Bank of Hawaii (Bank of Hawaii) Headlines

From GuruFocus

Elliot K. Mills Elected to Bank of Hawaii Corporation Board of Directors

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Elliot K. Mills Elected to Bank of Hawaii Corporation Board of Directors

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