For the six month period ended June 30, 2012, net income was $84.6 million, up from net income of $77.5 million for the same period last year. Net income in the first half of 2011 included net gains of $6.1 million on the sales of investment securities which was offset by a litigation settlement of $9.0 million. Diluted earnings per share were $1.85 for the first half of 2012, up from diluted earnings per share of $1.62 for the first half of 2011. The year-to-date return on average assets was 1.24 percent, up from 1.21 percent for the same six months in 2011. The year-to-date return on average equity was 16.73 percent, up from 15.36 percent for the six months ended June 30, 2011. The efficiency ratio for the first half of 2012 was 57.57 percent compared with 59.84 percent in the same period last year.Financial Highlights
Bank Of Hawaii Corporation Second Quarter 2012 Financial Results
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.