Bank of Hawaii Q1 Results Beat Street Estimates

Bank of Hawaii said Monday its Q1 net Income was $1.20 per share, compared with $1.16 per share in the same quarter a year ago and beating a consensus of analysts’ expectations of $1.09 per share.

The bank also reported revenue as a combination of net interest income and non-interest income of $165.8 million, up from $159.2 million in the same quarter a year ago and beating a consensus of analysts’ expectations of revenue of $161.5 million. The bank noted that results for the first quarter of 2017 included a provision for credit losses of $4.4 million due to continued growth of loans and leases.