BOH

Bank of Hawai‘i Corporation Fourth Quarter 2023 Financial Results

Retrieved on: 
Monday, January 22, 2024

Net income for the fourth quarter of 2023 was $30.4 million, down 36.5% from the previous quarter and down 50.4% from the same quarter of 2022.

Key Points: 
  • Net income for the fourth quarter of 2023 was $30.4 million, down 36.5% from the previous quarter and down 50.4% from the same quarter of 2022.
  • The return on average common equity for the fourth quarter of 2023 was 9.55% compared with 15.38% in the previous quarter and 21.28% in the same quarter of 2022.
  • Net interest income for the fourth quarter of 2023 was $115.8 million, a decrease of 4.3% from the previous quarter and a decrease of 17.7% from the same quarter of 2022.
  • Net interest margin was 2.13% in the fourth quarter of 2023, unchanged from the previous quarter and a decrease of 47 basis points from the same quarter of 2022.

PathSpot Debuts SafetySuite to Streamline Health and Safety Procedures for the Food Service Industry

Retrieved on: 
Monday, January 8, 2024

PathSpot , the leading health and safety system for the food service industry, today announced the launch of its SafetySuite, an innovative range of interconnected hardware and software tools designed to modernize and elevate back-of-house (BOH) safety procedures.

Key Points: 
  • PathSpot , the leading health and safety system for the food service industry, today announced the launch of its SafetySuite, an innovative range of interconnected hardware and software tools designed to modernize and elevate back-of-house (BOH) safety procedures.
  • Recognized for its flagship HandScanner that detects harmful bacteria contaminating employees in real-time, PathSpot’s SafetySuite now offers additional capabilities that enable brands to efficiently control the food and equipment safety itself.
  • PowerLabels – Advanced label system pairs with existing printers to make food labeling quick and easy and improve reporting accuracy.
  • It’s a no-brainer, and it should be the industry standard.”
    To learn more about PathSpot’s SafetySuite, please visit https://pathspot.com/ or request a demo here: https://pathspot.com/request-demo/ .

Bank of Hawai‘i Corporation Conference Call to Discuss Fourth Quarter 2023 Financial Results and Board Declares Quarterly Dividend for Preferred Stock

Retrieved on: 
Friday, January 5, 2024

Bank of Hawai‘i Corporation (NYSE: BOH) will release fourth quarter 2023 financial results on Monday, January 22, 2024 before the market opens and hold its quarterly conference call at 1:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.

Key Points: 
  • Bank of Hawai‘i Corporation (NYSE: BOH) will release fourth quarter 2023 financial results on Monday, January 22, 2024 before the market opens and hold its quarterly conference call at 1:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.
  • The live call, including a slide presentation, will be accessible on the investor relations link of Bank of Hawai‘i Corporation's website, www.boh.com .
  • Bank of Hawai‘i Corporation is a regional financial services company serving businesses, consumers and governments in Hawai‘i and the West Pacific.
  • Bank of Hawai‘i Corporation is a trade name of Bank of Hawaii Corporation.

Bank of Hawai‘i Corporation Third Quarter 2023 Financial Results

Retrieved on: 
Monday, October 23, 2023

Net income for the third quarter of 2023 was $47.9 million, up 4.0% from the previous quarter and down 9.3% from the same quarter of 2022.

Key Points: 
  • Net income for the third quarter of 2023 was $47.9 million, up 4.0% from the previous quarter and down 9.3% from the same quarter of 2022.
  • The return on average common equity for the third quarter of 2023 was 15.38% compared with 14.95% in the previous quarter and 16.98% in the same quarter of 2022.
  • Net interest margin was 2.13% in the third quarter of 2023, a decrease of 9 basis points from the previous quarter and 47 basis points from the same quarter of 2022.
  • The average cost of interest-bearing deposits was 1.95% in the third quarter of 2023, up 41 basis points from the prior quarter and up 165 basis points from the same quarter of 2022.

Bank of Hawai‘i Corporation Conference Call to Discuss Third Quarter 2023 Financial Results and Board Declares Quarterly Dividend for Preferred Stock

Retrieved on: 
Thursday, October 5, 2023

Bank of Hawai‘i Corporation (NYSE: BOH) will release third quarter 2023 financial results on Monday, October 23, 2023 before the market opens and hold its quarterly conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.

Key Points: 
  • Bank of Hawai‘i Corporation (NYSE: BOH) will release third quarter 2023 financial results on Monday, October 23, 2023 before the market opens and hold its quarterly conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.
  • The live call, including a slide presentation, will be accessible on the investor relations link of Bank of Hawai‘i Corporation’s website, www.boh.com .
  • Bank of Hawai‘i Corporation is a regional financial services company serving businesses, consumers and governments in Hawai‘i and the West Pacific.
  • Bank of Hawai‘i Corporation is a trade name of Bank of Hawaii Corporation.

TouchBistro Launches Suite of Back-of-House Solutions to Help Restaurants Control Costs and Increase Profit Margins

Retrieved on: 
Tuesday, August 22, 2023

TouchBistro today announced the launch of a comprehensive suite of back-of-house (BOH) solutions that help restaurateurs improve profitability by automating operations and profit management analysis that directly impact the bottom line.

Key Points: 
  • TouchBistro today announced the launch of a comprehensive suite of back-of-house (BOH) solutions that help restaurateurs improve profitability by automating operations and profit management analysis that directly impact the bottom line.
  • TouchBistro’s goal has always been to help restaurants grow and succeed by providing restaurant specific management solutions to lower costs, improve operational efficiencies and create great guest experiences.
  • TouchBistro Kitchen Display System (KDS), Powered by Fresh, delivers accurate orders instantly to the kitchen for preparation.
  • These tools give them the real-time visibility they require to control costs and streamline workflows,” explains Zabaneh.

Bank of Hawai‘i Corporation Second Quarter 2023 Financial Results

Retrieved on: 
Monday, July 24, 2023

Net income for the second quarter of 2023 was $46.1 million, down 1.7% from the previous quarter and down 19.0% from the same quarter of 2022.

Key Points: 
  • Net income for the second quarter of 2023 was $46.1 million, down 1.7% from the previous quarter and down 19.0% from the same quarter of 2022.
  • View the full release here: https://www.businesswire.com/news/home/20230724848205/en/
    “Bank of Hawai‘i delivered solid financial results in the second quarter of 2023,” said Peter Ho, Chairman, President, and CEO.
  • Net interest margin was 2.22% in the second quarter of 2023, a decrease of 25 basis points from the previous quarter and from the same quarter of 2022.
  • Average deposits were $20.0 billion for the second quarter of 2023, down 2.0% from $20.4 billion in the prior quarter, and down 2.7% from the second quarter of 2022.

Unifi Aviation acquires Up & Away, expands to the UK aviation market

Retrieved on: 
Tuesday, July 11, 2023

ATLANTA, July 11, 2023 /PRNewswire/ -- Unifi Aviation, the global aviation services business of the Argenbright Group, acquires Up & Away, one of the UK's leading aircraft services and private jet detailing businesses. Up & Away provides key aviation services, including cabin cleaning, de-icing, private jet detailing, technical cleaning, and other adjacent aviation services. It counts marquee UK and European airlines and global VIPs/dignitaries among its clientele.

Key Points: 
  • Up & Away provides key aviation services, including cabin cleaning, de-icing, private jet detailing, technical cleaning, and other adjacent aviation services.
  • In addition, Up & Away services select customers across more than 10 additional airports in the UK, including Bournemouth (BOH), London City (LCY), and Liverpool (LPL).
  • I look forward to this immensely exciting phase of growth, and joining a leading aviation services organization like Unifi opens new doors.
  • This acquisition further strengthens the Argenbright Group's investment in the UK and its people and is part of its strategic commitment to the region.

Bank of Hawai‘i Corporation Conference Call to Discuss Second Quarter 2023 Financial Results and Board Declares Quarterly Dividend for Preferred Stock

Retrieved on: 
Friday, July 7, 2023

Bank of Hawai‘i Corporation (NYSE: BOH) will release second quarter 2023 financial results on Monday, July 24, 2023 before the market opens and hold its quarterly conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.

Key Points: 
  • Bank of Hawai‘i Corporation (NYSE: BOH) will release second quarter 2023 financial results on Monday, July 24, 2023 before the market opens and hold its quarterly conference call at 2:00 p.m. Eastern Time (8:00 a.m. Hawai‘i Time) on the same day.
  • The live call, including a slide presentation, will be accessible on the investor relations link of Bank of Hawai‘i Corporation's website, www.boh.com .
  • Bank of Hawai‘i Corporation is a regional financial services company serving businesses, consumers and governments in Hawai‘i and the West Pacific.
  • Bank of Hawai‘i Corporation is a trade name of Bank of Hawaii Corporation.

Suzanne P. Vares-Lum Elected to Bank of Hawai‘i Corporation Board of Directors

Retrieved on: 
Friday, June 2, 2023

Bank of Hawai‘i Corp. (NYSE: BOH) announced that its board of directors has elected Suzanne P. Vares-Lum to serve on its board of directors, effective May 26, 2023, until the annual election of directors at the bank’s next annual shareholders meeting.

Key Points: 
  • Bank of Hawai‘i Corp. (NYSE: BOH) announced that its board of directors has elected Suzanne P. Vares-Lum to serve on its board of directors, effective May 26, 2023, until the annual election of directors at the bank’s next annual shareholders meeting.
  • With the addition of Vares-Lum, Bank of Hawai‘i Corporation’s board of directors increases from 14 to 15.
  • Vares-Lum serves on Bank of Hawai‘i’s Nominating and Corporate Governance Committee and Fiduciary and Investment Management Committee.
  • View the full release here: https://www.businesswire.com/news/home/20230602005088/en/
    “I'm so pleased to welcome Suzanne Vares-Lum to our board of directors,” said Chairman, President and CEO Peter S. Ho.