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Bank of Hawaii (Bank of Hawaii) ROE %

: 8.75% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bank of Hawaii's annualized net income for the quarter that ended in Dec. 2023 was $121.6 Mil. Bank of Hawaii's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $1,389.0 Mil. Therefore, Bank of Hawaii's annualized ROE % for the quarter that ended in Dec. 2023 was 8.75%.

The historical rank and industry rank for Bank of Hawaii's ROE % or its related term are showing as below:

BOH' s ROE % Range Over the Past 10 Years
Min: 11.56   Med: 15.61   Max: 17.68
Current: 12.57

During the past 13 years, Bank of Hawaii's highest ROE % was 17.68%. The lowest was 11.56%. And the median was 15.61%.

BOH's ROE % is ranked better than
66.94% of 1461 companies
in the Banks industry
Industry Median: 9.96 vs BOH: 12.57

Bank of Hawaii ROE % Historical Data

The historical data trend for Bank of Hawaii's ROE % 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
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.68 11.56 16.97 15.42 12.54

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
ROE % 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 18.87 14.03 13.58 14.08 8.75

Competitive Comparison

For the Banks - Regional subindustry, Bank of Hawaii's ROE %, along with its competitors' market caps and ROE % 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 ROE % Distribution

For the Banks industry and Financial Services sector, Bank of Hawaii's ROE % distribution charts can be found below:

* The bar in red indicates where Bank of Hawaii's ROE % falls into.



Bank of Hawaii ROE % Calculation

Bank of Hawaii's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=171.202/( (1316.995+1414.242)/ 2 )
=171.202/1365.6185
=12.54 %

Bank of Hawaii's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=121.584/( (1363.84+1414.242)/ 2 )
=121.584/1389.041
=8.75 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Bank of Hawaii  (NYSE:BOH) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=121.584/1389.041
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(121.584 / 625.78)*(625.78 / 23641.5405)*(23641.5405 / 1389.041)
=Net Margin %*Asset Turnover*Equity Multiplier
=19.43 %*0.0265*17.02
=ROA %*Equity Multiplier
=0.51 %*17.02
=8.75 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=121.584/1389.041
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (121.584 / 158.424) * (158.424 / 625.78) * (625.78 / 23641.5405) * (23641.5405 / 1389.041)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7675 * 25.32 % * 0.0265 * 17.02
=8.75 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Bank of Hawaii ROE % Related Terms

Thank you for viewing the detailed overview of Bank of Hawaii's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Hawaii (Bank of Hawaii) Business Description

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

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