Looking Into Bank of Hawaii's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Bank of Hawaii (NYSE:BOH) posted Q2 earnings of $46.06 million, a 1.67% increase from Q1, but sales dropped by 5.14% to $167.60 million. The bank's Return on Capital Employed (ROCE) was 0.03%, indicating effective capital allocation. However, its Q2 earnings per share of $1.12 did not meet analyst predictions.
July 25, 2023 | 2:47 pm
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Bank of Hawaii's Q2 earnings increased, but sales dropped. Its ROCE of 0.03% indicates effective capital allocation, but its EPS did not meet analyst predictions.
Bank of Hawaii's Q2 earnings increased, which is positive for the stock. However, the drop in sales and the missed EPS estimates could negatively impact the stock. The effective capital allocation, as indicated by the ROCE, could have a positive impact in the long term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100