Bank of Hawaii Corporation (NYSE:BOH) investors will be delighted, with the company turning in some strong numbers with its latest results. It was overall a positive result, with revenues beating expectations by 2.0% to hit US$163m. Bank of Hawaii reported statutory earnings per share (EPS) US$0.93, which was a notable 13% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for Bank of Hawaii

After the latest results, the four analysts covering Bank of Hawaii are now predicting revenues of US$680.7m in 2025. If met, this would reflect a decent 9.2% improvement in revenue compared to the last 12 months. Per-share earnings are expected to rise 8.2% to US$3.59. In the lead-up to this report, the analysts had been modelling revenues of US$668.9m and earnings per share (EPS) of US$3.48 in 2025. So the consensus seems to have become somewhat more optimistic on Bank of Hawaii's earnings potential following these results.

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 8.1% to US$62.50. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Bank of Hawaii, with the most bullish analyst valuing it at US$74.00 and the most bearish at US$46.00 per share. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The analysts are definitely expecting Bank of Hawaii's growth to accelerate, with the forecast 7.3% annualised growth to the end of 2025 ranking favourably alongside historical growth of 1.3% per annum over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 6.5% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Bank of Hawaii is expected to grow at about the same rate as the wider industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Bank of Hawaii following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have forecasts for Bank of Hawaii going out to 2026, and you can see them free on our platform here.

You can also see our analysis of Bank of Hawaii's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.