RTTNews | Apr 26, 2021 07:03AM EDT

07:03 Monday, April 26, 2021 (RTTNews.com) - Bank of Hawaii Corp. (BOH) reported that its net income for the first quarter of 2021 was $59.95 million or $1.50 per share, up from $34.74 million or $0.87 per share in the prior-year quarter.

On average, six analysts polled by Thomson Reuters expected the company to report earnings of $1.15 per share for the quarter. Analysts' estimates typically exclude special items.

Net interest income, on a taxable-equivalent basis, for the quarter was $120.57 million, down from $125.97 million in the year-ago quarter.

Total noninterest income declined to $42.97 million from $46.15 million last year.

The Company's Board of Directors also declared a quarterly cash dividend of $0.67 per share on the Company's outstanding shares, payable on June 14, 2021 to shareholders of record at the close of business on May 28, 2021.

Read the original article on RTTNews ( https://www.rttnews.com/3187952/bank-of-hawaii-q1-profit-rises-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved