Bank of Hawaii Beats Q1 Earnings; First Hawaiian Lags

Bank of Hawaii reported a strong first quarter for 2025, posting net income of $44 million, or $0.97 per share, which beat analyst estimates by $0.08. Revenue reached $169.9 million, driven by a 10.4% increase in net interest income and robust fee income growth. Total loans and deposits grew, the provision for credit losses declined, and capital ratios remained strong, although non-performing assets increased slightly. The bank's efficiency ratio improved, reflecting better operational performance. In comparison, First Hawaiian missed earnings estimates by $0.05 despite higher revenue and has seen its stock underperform over the past three months. Both banks received a 'fair performance' financial health score from InvestingPro.