From Zacks Investment Research: 2024-12-31 10:46:24

Bank of Hawaii Corporation (BOH) is poised to benefit from rising loan and deposit balances, supported by the Federal Reserve’s rate cuts. The Zacks Consensus Estimate for BOH’s 2024 and 2025 has been revised upward, indicating optimism among analysts. The company’s solid liquidity position and commitment to organic growth further strengthen its position. With a strong balance sheet, capital position, and superior ROE, BOH is well-equipped for future growth. The company’s shares have gained 16.6% in the past three months and currently carry a Zacks Rank #2 (Buy). Other top-ranked stocks in the banking space include First Hawaiian, Inc. (FHB) and Glacier Bancorp, Inc. (GBCI), both with a Zacks Rank #1 (Strong Buy).



Read more at Zacks Investment Research: Here’s What Makes Bank of Hawaii a Solid Pick for Investors Right Now – December 31, 2024