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Bank Of Hawaii 1st-qtr Profit Falls 37 Percent

Stock quotes in this article: BOH  

HONOLULU (AP) — Bank of Hawaii Corp. said Monday that its first-quarter profit slid 37 percent as its credit costs nearly doubled.

For the period ended March 31, the company earned $36 million, or 75 cents per share, down from $57.2 million, or $1.18 per share, in the same quarter a year earlier.

The latest quarter's results include a pretax gain of $10 million related to the sale of the company's equity interest in certain leases. ...

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