Bank Of Hawaii Q4 Profit Halves, Misses Estimates
From RTTNews:
Bank of Hawaii Corp. reported a decrease in net income available to common shareholders for the fourth quarter, from $59.34 million to $28.43 million. The FDIC Special Assessment resulted in a $14.7 million charge, impacting earnings. Net interest income was $115.79 million, down 17.7% from last year, while noninterest income grew 2.7% to $42.28 million. The company declared a quarterly cash dividend of $0.70 per share.
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