The bank maintains a conservative capital structure with an equity-to-assets ratio of 0.08, though the $22.3 billion investment securities portfolio suggests limited liquidity flexibility in the current rate environment.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 7.91B | 946.52M | 2.62B | 3.41B | 3.17B | 4.47B | 4.07B | 2.92B | 2.34B | 2.5B | 2.36B | 2.42B | 2.46B | 2.44B | 3.54B | 3.62B | 6.73B | 5.68B | 2.99B | 3B | 3.06B | 2.88B | 229.95M | 518.23M | 924.33M | 1.51B | 713.27M | 918.4M | 1.02B | 1.13B | 1.22B |
| Cash & Due from Banks | 425.08M | 946.52M | 763.57M | 1B | 320.4M | 198.9M | 281.07M | 304.08M | 327.11M | 266.44M | 172.26M | 162.83M | 175M | 198.4M | 173.25M | 163.59M | 191.56M | 346.02M | 473.19M | 434.27M | 464.33M | 541.72M | 229.95M | 518.23M | 924.33M | 1.51B | 713.27M | 918.4M | 1.02B | 1.13B | 1.22B |
| Short Term Investments | 0 | 0 | 1.85B | 2.41B | 2.84B | 4.28B | 3.79B | 2.62B | 2.01B | 2.23B | 2.19B | 2.26B | 2.29B | 2.24B | 3.37B | 3.45B | 6.53B | 5.33B | 2.52B | 2.56B | 2.6B | 2.33B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 22.32B | 0 | 21.54B | 21.47B | 21.92B | 21.18B | 18.99B | 16.66B | 15.85B | 15.88B | 14.89B | 13.99B | 13.5B | 12.84B | 12.59B | 12.35B | 11.65B | 10.84B | 8.86B | 8.95B | 9.06B | 8.48B | 8.97B | 8.36B | 7.77B | 8.35B | 12.26B | 12.62B | 13.09B | 12.92B | 11.98B |
| Investments Growth % | -91.96% | -100% | 0.32% | -2.03% | 3.51% | 11.49% | 14.02% | 5.07% | -0.14% | 6.61% | 6.45% | 3.64% | 5.15% | 1.96% | 1.92% | 6.03% | 7.51% | 22.26% | -0.93% | -1.25% | 6.89% | -5.53% | 7.37% | 7.49% | -6.94% | -31.87% | -2.84% | -3.58% | 1.29% | 7.86% | 6.83% |
| Long-Term Investments | 60.97B | 0 | 19.69B | 19.07B | 19.07B | 16.9B | 15.2B | 14.04B | 13.85B | 13.64B | 12.71B | 11.73B | 11.21B | 10.59B | 9.22B | 8.9B | 5.12B | 5.5B | 6.34B | 6.38B | 6.46B | 6.14B | 8.97B | 8.36B | 7.77B | 8.35B | 12.26B | 12.62B | 13.09B | 12.92B | 11.98B |
| Accounts Receivables | 70.56M | 69.9M | 83.35M | 83.6M | 73.17M | 58.56M | 61.68M | 66.66M | 70.23M | 99.75M | 59.03M | 57.26M | 58.06M | 57.41M | 56.93M | 57.12M | 52.91M | 59.16M | 57.51M | 72.01M | 72.5M | 65.09M | 36.04M | 32.67M | 36.72M | 42.69M | 68.58M | 79M | 85.5M | 93.8M | 88.1M |
| Goodwill & Intangibles | 31.52M | 31.52M | 50.72M | 52.4M | 54.14M | 53.77M | 51.17M | 56.54M | 55.83M | 56.14M | 55.18M | 54.52M | 56.21M | 59.64M | 56.76M | 55.8M | 56.9M | 57.49M | 56.02M | 62.55M | 54.4M | 52.97M | 36.04M | 32.67M | 36.72M | 42.69M | 68.58M | 79M | 85.5M | 93.8M | 88.1M |
| Goodwill | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 31.52M | 34.96M | 34.96M | 34.96M | 34.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 19.2M | 20.88M | 22.62M | 22.25M | 19.65M | 25.02M | 24.31M | 24.62M | 23.66M | 23M | 24.7M | 28.12M | 25.24M | 24.28M | 25.38M | 25.97M | 21.06M | 27.59M | 19.44M | 18.01M | 36.04M | 32.67M | 36.72M | 42.69M | 68.58M | 79M | 85.5M | 93.8M | 88.1M |
| PP&E (Net) | 298.1M | 283.17M | 264.64M | 280.96M | 299.08M | 295.01M | 299.24M | 289.23M | 151.84M | 130.93M | 113.5M | 111.2M | 109.85M | 108.64M | 105M | 103.55M | 108.17M | 110.98M | 116.12M | 117.18M | 125.92M | 133.91M | 146.09M | 160M | 176.97M | 196.17M | 254.62M | 271.7M | 293.6M | 288.4M | 273.1M |
| Other Assets | 763.86M | 0 | 611.36M | 581.52M | 678.74M | 841.25M | 779.38M | 584.46M | 501.02M | 472.09M | 986.46M | 868.45M | 658.89M | 559.88M | 465.6M | 799.21M | 716.69M | 570.55M | 764.03M | 392.59M | 319.43M | 481.8M | 346.48M | 358.87M | 568.99M | 494.06M | 540.78M | 346M | 315.7M | 357.6M | 355.2M |
| Total Current Assets | 495.63M | 1.02B | 2.81B | 3.57B | 3.32B | 4.65B | 4.26B | 3.13B | 2.59B | 2.79B | 2.63B | 2.69B | 2.75B | 2.76B | 3.88B | 3.99B | 7.13B | 6.17B | 3.48B | 3.52B | 3.61B | 3.38B | 266M | 550.9M | 961.05M | 1.55B | 781.85M | 997.4M | 1.1B | 1.22B | 1.3B |
| Total Non-Current Assets | 23.41B | 314.69M | 20.79B | 20.16B | 20.28B | 18.13B | 16.35B | 14.97B | 14.56B | 14.3B | 13.86B | 12.77B | 12.03B | 11.32B | 9.85B | 9.86B | 6B | 6.24B | 7.28B | 6.96B | 6.96B | 6.81B | 9.5B | 8.91B | 8.56B | 9.08B | 13.23B | 13.44B | 13.91B | 13.77B | 12.7B |
| Total Assets | 23.91B | 24.18B | 23.6B | 23.73B | 23.61B | 22.78B | 20.6B | 18.1B | 17.14B | 17.09B | 16.49B | 15.46B | 14.79B | 14.08B | 13.73B | 13.85B | 13.13B | 12.41B | 10.76B | 10.47B | 10.57B | 10.19B | 9.77B | 9.46B | 9.52B | 10.63B | 14.01B | 14.44B | 15.02B | 15B | 14.01B |
| Asset Growth % | 5.2% | 2.44% | -0.56% | 0.54% | 3.61% | 10.59% | 13.86% | 5.55% | 0.32% | 3.62% | 6.71% | 4.52% | 4.99% | 2.59% | -0.85% | 5.48% | 5.73% | 15.34% | 2.77% | -0.94% | 3.78% | 4.31% | 3.22% | -0.58% | -10.5% | -24.13% | -2.95% | -3.84% | 0.14% | 7.04% | 6.08% |
| Return on Assets (ROA) | 0.92% | 0.86% | 0.63% | 0.72% | 0.97% | 1.17% | 0.79% | 1.28% | 1.28% | 1.1% | 1.14% | 1.06% | 1.13% | 1.08% | 1.2% | 1.19% | 1.44% | 1.24% | 1.81% | 1.75% | 1.74% | 1.82% | 1.8% | 1.42% | 1.2% | 0.96% | 0.8% | 0.9% | 0.71% | 0.96% | 0.98% |
| Accounts Payable | 0 | 0 | 34.8M | 41.02M | 9.7M | 2.5M | 5.12M | 8.04M | 8.25M | 6.95M | 5.33M | 5.03M | 5.15M | 4.87M | 4.78M | 5.33M | 5.01M | 7.03M | 13.84M | 20.48M | 22.72M | 10.91M | 7.02M | 7.48M | 13.73M | 29.76M | 72.46M | 64.6M | 55.7M | 57.5M | 69.5M |
| Total Debt | 91.21M | 92.4M | 747.07M | 805.37M | 1.24B | 564.09M | 768.48M | 798.08M | 640.14M | 766.01M | 800.93M | 881.98M | 870.97M | 954.74M | 898.3M | 1.97B | 1.95B | 1.72B | 1.25B | 1.32B | 1.35B | 1.1B | 986.25M | 918.61M | 1.22B | 2.4B | 3.28B | 3.52B | 3.89B | 3.92B | 3.9B |
| Net Debt | -333.87M | -854.12M | -16.5M | -195.57M | 915.91M | 365.19M | 487.42M | 494M | 313.03M | 499.57M | 628.67M | 719.15M | 695.97M | 756.34M | 725.05M | 1.8B | 1.76B | 1.38B | 779.56M | 889.84M | 888.55M | 556.5M | 756.3M | 400.38M | 298.96M | 893.09M | 2.56B | 2.6B | 2.88B | 2.79B | 2.68B |
| Long-Term Debt | 0 | 0 | 550M | 550M | 400M | 0 | 50M | 75M | 125M | 250M | 257.15M | 234.94M | 163M | 165.88M | 119.19M | 21.79M | 23.71M | 31.34M | 194.28M | 199.91M | 224.85M | 202.3M | 252.64M | 227.56M | 275M | 469.74M | 623.66M | 727.7M | 585.6M | 705.8M | 932.1M |
| Short-Term Debt | 91.21M | 92.4M | 100M | 150.49M | 725.49M | 450.49M | 600.59M | 604.31M | 504.5M | 505.29M | 532.99M | 636.19M | 697.06M | 780.03M | 770.24M | 1.94B | 1.92B | 1.68B | 1.05B | 1.12B | 1.12B | 886.94M | 733.62M | 691.04M | 948.29M | 1.93B | 2.65B | 2.79B | 3.31B | 3.22B | 2.97B |
| Other Liabilities | 21.96B | 22.23B | 518.44M | 417.61M | 428.18M | 246.63M | 243.92M | 218.06M | 200.14M | 200.26M | 204.32M | 200.65M | 222.91M | 198.04M | 274.15M | 278.29M | 272.24M | 377.33M | 414.08M | 435.73M | 453.4M | 477.09M | 393.42M | 409.65M | 343.47M | 273.54M | 277.83M | 247.3M | 298.7M | 285.8M | 279.2M |
| Total Current Liabilities | 91.21M | 92.4M | 20.77B | 21.25B | 21.35B | 20.81B | 18.82B | 16.4B | 15.54B | 15.4B | 14.86B | 13.89B | 13.34B | 12.7B | 12.3B | 12.53B | 11.81B | 11.1B | 9.36B | 9.08B | 9.17B | 8.81B | 8.31B | 8.03B | 7.88B | 8.64B | 11.81B | 12.25B | 12.94B | 12.88B | 11.72B |
| Total Non-Current Liabilities | 21.96B | 22.23B | 1.17B | 1.07B | 939M | 360.23M | 411.82M | 411.84M | 335.78M | 460.98M | 472.26M | 446.43M | 396.82M | 372.75M | 402.21M | 308.98M | 304.89M | 417.65M | 617.37M | 644.67M | 687.26M | 688.37M | 646.05M | 637.21M | 618.48M | 743.27M | 901.49M | 975M | 884.3M | 991.6M | 1.21B |
| Total Liabilities | 22.06B | 22.33B | 21.93B | 22.32B | 22.29B | 21.17B | 19.23B | 16.81B | 15.88B | 15.86B | 15.33B | 14.34B | 13.73B | 13.07B | 12.71B | 12.84B | 12.12B | 11.52B | 9.97B | 9.72B | 9.85B | 9.49B | 8.95B | 8.67B | 8.5B | 9.39B | 12.71B | 13.22B | 13.82B | 13.87B | 12.93B |
| Total Equity | 1.85B | 1.85B | 1.67B | 1.41B | 1.32B | 1.61B | 1.37B | 1.29B | 1.27B | 1.23B | 1.16B | 1.12B | 1.06B | 1.01B | 1.02B | 1B | 1.01B | 895.97M | 790.7M | 750.25M | 719.42M | 693.35M | 814.83M | 793.13M | 1.02B | 1.25B | 1.31B | 1.22B | 1.19B | 1.12B | 1.08B |
| Equity Growth % | 35.4% | 11% | 17.93% | 7.38% | -18.28% | 17.25% | 6.81% | 1.47% | 2.95% | 6.05% | 4.06% | 5.8% | 4.26% | -0.95% | 1.89% | -0.84% | 12.85% | 13.31% | 5.39% | 4.29% | 3.76% | -14.91% | 2.74% | -21.92% | -18.54% | -4.51% | 7.33% | 1.99% | 6.23% | 4.43% | 1.99% |
| Equity / Assets (Capital Ratio) | 7.76% | 7.66% | 7.07% | 5.96% | 5.58% | 7.07% | 6.67% | 7.11% | 7.4% | 7.21% | 7.04% | 7.22% | 7.14% | 7.19% | 7.44% | 7.24% | 7.7% | 7.22% | 7.35% | 7.16% | 6.81% | 6.81% | 8.34% | 8.38% | 10.67% | 11.73% | 9.32% | 8.43% | 7.94% | 7.49% | 7.68% |
| Return on Equity (ROE) | 12.12% | 11.7% | 9.73% | 12.54% | 15.42% | 16.97% | 11.56% | 17.68% | 17.57% | 15.43% | 15.93% | 14.8% | 15.78% | 14.8% | 16.41% | 15.89% | 19.29% | 17.08% | 24.95% | 25% | 25.53% | 24.08% | 21.56% | 14.95% | 10.71% | 9.23% | 9.01% | 11.04% | 9.24% | 12.69% | 12.5% |
| Book Value per Share | 46.39 | 46.28 | 42.01 | 35.87 | 33.10 | 40.24 | 34.46 | 31.66 | 30.20 | 28.91 | 27.09 | 25.69 | 23.91 | 22.70 | 22.58 | 21.23 | 20.91 | 18.66 | 16.40 | 15.06 | 14.06 | 13.01 | 14.49 | 12.98 | 14.22 | 15.48 | 16.36 | 15.01 | 14.70 | 13.85 | 13.09 |
| Tangible BV per Share | 45.60 | 45.49 | 40.73 | 34.54 | 31.74 | 38.89 | 33.17 | 30.27 | 28.87 | 27.59 | 25.80 | 24.43 | 22.64 | 21.37 | 21.32 | 20.05 | 19.73 | 17.47 | 15.24 | 13.80 | 12.99 | 12.01 | 13.85 | 12.45 | 13.70 | 14.95 | 15.50 | 14.04 | 13.65 | 12.69 | 12.02 |
| Common Stock | 590K | 587K | 585K | 583K | 582K | 581K | 580K | 579K | 577K | 576K | 576K | 575K | 574K | 572K | 571K | 571K | 570K | 569K | 568K | 567K | 566K | 565K | 813K | 807K | 806K | 806K | 806K | 800K | 0 | 0 | 0 |
| Additional Paid-in Capital | 672.58M | 825.69M | 647.4M | 636.42M | 620.58M | 602.51M | 591.36M | 582.57M | 571.7M | 561.16M | 551.63M | 542.04M | 531.93M | 522.5M | 515.62M | 507.56M | 500.89M | 494.32M | 492.51M | 484.79M | 475.18M | 473.34M | 451M | 391.7M | 372.19M | 367.67M | 346.05M | 345.9M | 0 | 0 | 0 |
| Retained Earnings | 2.23B | 2.21B | 2.13B | 2.11B | 2.06B | 1.95B | 1.81B | 1.76B | 1.64B | 1.51B | 1.42B | 1.32B | 1.23B | 1.15B | 1.08B | 1B | 932.63M | 843.52M | 787.92M | 688.64M | 630.66M | 546.59M | 1.28B | 1.2B | 1.12B | 1.06B | 996.79M | 942.2M | 867.9M | 813.7M | 803.5M |
| Accumulated OCI | -247.22M | -244.44M | -343.39M | -396.69M | -434.66M | -66.38M | 7.82M | -31.11M | -51.04M | -34.72M | -33.91M | -23.56M | -26.69M | -31.82M | 29.21M | 35.26M | 26.96M | 6.92M | -28.89M | -5.09M | -39.08M | -47.82M | -21.35M | -14.02M | 21.89M | 15.12M | -25.08M | -66.1M | -22.5M | -24.8M | -3.7M |
| Treasury Stock | -1.15B | -1.12B | -1.12B | -1.11B | -1.11B | -1.06B | -1.04B | -1.03B | -894.35M | -807.37M | -772.2M | -719.06M | -685.53M | -631.03M | -608.21M | -544.66M | -449.92M | -449.36M | -461.42M | -418.65M | -347.9M | -268.24M | -898.05M | -784.43M | -483.38M | -192.01M | -17.21M | -10.4M | 0 | 0 | 0 |
| Preferred Stock | 345M | 180M | 345M | 180M | 180M | 180M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Securities portfolio duration mismatch
As reported in recent financial statements, Bank of Hawaii's total assets have remained remarkably stable, hovering near $23.9 billion in 2026Q1, which suggests a strategic focus on maintaining market share within the isolated Hawaiian archipelago rather than pursuing aggressive, capital-intensive expansion into mainland markets.
The bank's asset base shows minimal volatility, reflecting a business model that is deeply tethered to the local economic cycle. This lack of significant growth appears to be a deliberate trade-off, prioritizing the preservation of a high-quality, localized loan book over the risks associated with rapid, non-organic expansion.
Based on the latest regulatory filings, the bank maintains an equity-to-assets ratio of 0.08 as of 2026Q1, indicating a conservative capital management strategy that prioritizes long-term solvency over aggressive leverage, even as the institution navigates a challenging interest rate environment that pressures its tangible common equity.
The consistent equity-to-assets ratio suggests that management is committed to maintaining a fortress-like balance sheet to withstand potential regional economic shocks. Investors should monitor whether this capital cushion remains sufficient if unrealized losses in the securities portfolio continue to weigh on the bank's overall economic capital position.
According to quarterly data, the bank holds $22.3 billion in investment securities as of 2026Q1, a substantial portion of the balance sheet that appears to limit liquidity flexibility and creates a duration mismatch that may hinder the bank's ability to respond to rapid shifts in interest rates.
The heavy concentration in investment securities suggests that the bank's liquidity profile is highly sensitive to market value fluctuations. This reliance on long-duration assets may constrain the bank's ability to deploy capital into higher-yielding opportunities, potentially impacting future net interest income growth.
As indicated by the bank's reported figures, the significant allocation to investment securities, which reached $22.3 billion in 2026Q1, creates a non-obvious risk where unrealized losses in the held-to-maturity portfolio may mask the true economic impact of the current high-rate environment on the bank's equity base.
While these unrealized losses do not immediately impact the income statement, they represent a structural vulnerability that could limit the bank's strategic options. Analysts should consider the potential for these losses to constrain future capital deployment, particularly if the bank is forced to liquidate assets to meet unexpected liquidity demands.
Quick answers to the most common questions about buying BOH stock.
As of 2025, Bank of Hawaii Corporation (BOH) had total assets of $24.18B including $1.02B in current assets.
Bank of Hawaii Corporation (BOH) carries total debt of $92.4M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Bank of Hawaii Corporation (BOH) has total shareholders' equity (book value) of $1.85B ($46.28 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Bank of Hawaii Corporation (BOH) reported a current ratio of 11.00x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.