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Article: Bank of Hawaii Corporation Third Quarter 2009 Financial Results.

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Investment Weekly News
Article date:
November 14, 2009
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Bank of Hawaii Corporation (NYSE:BOH) reported diluted earnings per share of $0.76 for the third quarter of 2009, up from $0.65 in the previous quarter, and down from $0.99 in the same quarter last year. Net income for the third quarter of 2009 was $36.5 million compared to net income of $31.0 million in the second quarter of 2009, and $47.4 million in the third quarter of 2008. Results for the third quarter of 2008 included a net credit of $8.9 million related to the Company's resolution of Sale In/Lease Out ("SILO") leases with the Internal Revenue Service. The return on average assets for the third quarter of 2009 was 1.21 percent, compared to 1.06 percent during the ...

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