Bank Of Hawaii Q2 Profit Tops Estimates - Quick Facts

(RTTNews) - Bank of Hawaii Corporation (BOH) reported second quarter net income of $41.2 million compared to $41.5 million in the second quarter of 2014. Earnings per share was $0.95 up from $0.94, last year.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.92 for the quarter. Analysts' estimates typically exclude special items.

Net interest income, on a taxable equivalent basis, for the second quarter of 2015 was $100.8 million, up from $97.3 million in the second quarter of 2014. Noninterest income was $45.9 million, an increase compared to $44.5 million in the second quarter of 2014. Analysts expected revenue of $143.70 million for the quarter.

Total deposits increased to $13.09 billion at June 30, 2015 compared to total deposits of $12.67 billion at June 30, 2014. Total assets were $15.25 billion at June 30, 2015, up from total assets of $14.84 billion at June 30, 2014.

The company's Board declared a quarterly cash dividend of $0.45 per share on the company's outstanding shares. The dividend will be payable on September 15, 2015 to shareholders of record at the close of business on August 31, 2015.