Bank of Hawaii

What Bank of Hawaii does

Bank of Hawaii Corporation (NYSE: BOH) is a publicly traded bank holding company headquartered in Honolulu, Hawaii, founded in 1897 and operating as Hawaii's largest deposit-taking institution with $21.2 billion in deposits and $24.2 billion in total assets as of full-year 2025. The company provides consumer, small business, corporate and commercial, and wealth management banking services through 52 branches across Hawaii, Guam, Saipan, and Palau, complemented by the Bankohana digital banking platform (online and mobile app) and the SimpliFi digital mortgage origination channel. Its product set spans checking, savings, CDs, mortgages, HELOCs, credit cards (including a co-branded Hawaiian Airlines Atmos Rewards Mastercard issued via Barclays), personal loans, insurance, merchant services, treasury management, captive insurance, private banking, and investment advisory through Bankoh Advisors.

The bank generates revenue primarily through net interest income — the spread between lending rates on its $14.1 billion loan portfolio (residential mortgages, commercial loans, consumer loans) and interest paid on deposits — supplemented by non-interest income from account fees, credit card interchange, merchant services, investment product distribution, and insurance commissions. A supplementary income source is dividends from Series A and Series B preferred shares traded on the NYSE following a $165 million depositary shares offering in June 2024. The customer base spans individual consumers, small and medium-sized businesses, corporate and commercial clients (including commercial real estate developers), high-net-worth individuals served by The Private Bank, and institutional/community partners such as the University of Hawaii and Goodwill Hawaii.

Underlying the franchise is a 128-year-old community banking platform with deep local decision-making, FDIC insurance, and a digital infrastructure integrating Apple Pay, Google Pay, Samsung Pay, Zelle, and Greenlight. The bank reported full-year 2025 net income of $205.9 million (diluted EPS of $4.63, up 37.3% from $3.46 in 2024), ROE of 15.03% in Q4 2025, and a net interest margin of 2.74% in Q1 2026 (its eighth consecutive quarterly expansion). Leadership transitioned on April 1, 2026, with James C. Polk succeeding 16-year CEO Peter S. Ho.

Name

Bank of Hawaii

Legal name

Bank of Hawaii, Inc.

Website

https://boh.com

Company type

Public

Founded year

1897

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bank of Hawaii Corporation (NYSE: BOH) is a 128-year-old Honolulu-based regional bank holding company that provides consumer, commercial, and wealth management banking through 52 branches across Hawaii, Guam, Saipan, and Palau, holding $24.2B in total assets and the largest deposit base in Hawaii.

Ownership category

akta.pro rank

Product category

Regional Banking

NAICS

Commercial Banking (52211), Offices of Bank Holding Companies (551111)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Digital Retail Banking (Online & Mobile) (FSABAAAF)

Keywords

• Retail banking services
• Commercial banking
• Wealth management
• Mortgage lending
• Consumer lending

Headquarters

HQ city

Honolulu

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from loan portfolio (residential mortgages, commercial loans, consumer loans) minus interest paid on deposits. Primary revenue driver representing the spread between lending rates and deposit costs.
2. Non-Interest Income: Fee income from banking services including account fees, credit card interchange, merchant services, investment product distribution, and insurance commissions.
3. Preferred Share Dividends: Income from preferred stock offerings including Series A and Series B preferred shares traded on NYSE.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Bank of Hawaii is a regional bank holding company providing consumer, commercial, and wealth management banking services through 52 branches across Hawaii, Guam, Saipan, and Palau. Core offerings include checking, savings, and CD deposit accounts; mortgage and consumer lending; credit cards; small business and corporate banking; merchant services; private banking; investment advisory through Bankoh Advisors; and insurance. Digital delivery is enabled through the Bankohana online and mobile banking platform with mobile check deposit, Zelle, and digital wallet integration.

Product overview

Bank of Hawaii offers a comprehensive suite of banking products organized across three main segments: Consumer Banking (personal checking, savings, CDs, home loans, credit cards, personal loans, HELOCs, and insurance), Business Banking (small business, corporate/commercial, merchant services, treasury management, and captive insurance), and Wealth Management (Private Bank, Investments through Bankoh Advisors, and Insurance). The digital banking platform provides online and mobile banking with Zelle transfers, while co-branded credit and debit cards integrate with Hawaiian Airlines Atmos Rewards loyalty program. The Bankohana sub-brand represents premium checking and savings products with tiered benefits. SimpliFi serves as the mortgage application platform for home lending operations.

Differentiator

Problem solved

Functional benefit

Products and services

• Checking Accounts Personal and business checking accounts offering everyday banking with features like direct deposit, bill pay, and debit card access.
• Savings Accounts Savings products including Regular Savings, Bonus Rate Savings, and Bankohana Bonus Rate Savings with competitive interest rates and bonus interest features for active savers.
• Certificate of Deposit (CD) Time deposit accounts with fixed interest rates, including the Bankohana CD Special offering 3.05% APY for 6-month terms with $5,000 minimum from another financial institution.
• Home Loans Mortgage lending for home purchases, refinancing, and home equity products. Bank of Hawaii is Hawaii's #1 residential real estate lender by number and dollar volume in 2025.
• Online and Mobile Banking Digital banking platform providing 24/7 account access, bill pay, Zelle transfers, mobile check deposit, and account management through web and mobile applications.
• Credit Cards Credit card products including the Hawaiian Airlines Bank of Hawaii World Elite Mastercard offering Atmos Rewards points on purchases, with 60,000 bonus points for new cardholders.
• Personal Loans Installment loans for personal use, including secured and unsecured options for various financial needs like debt consolidation, home improvements, and major purchases.
• Home Equity Line of Credit (HELOC) Revolving credit line secured by home equity, allowing customers to access funds for renovations, debt consolidation, or other major expenses. Bank of Hawaii HELOCs do not have balloon payments.
• Bankohana Checking Premium checking account with tiered benefits (Level I, II, III) offering enhanced features, fee waivers, and exclusive perks based on account relationship depth.
• Bankoh Hawaiian Airlines Visa Debit Card Debit card that earns Atmos Rewards points on qualified purchases, with 1 point per $2 spent and up to 1,000 points per month. Part of the Atmos Rewards loyalty program with Hawaiian Airlines and Alaska Airlines.
• EASE by Bank of Hawaii Checking account product with basic terms and conditions, designed for customers seeking simple banking services.
• Small Business Banking Banking services tailored for small businesses including checking, savings, credit cards, merchant services, and financing solutions.
• Corporate and Commercial Banking Comprehensive banking services for corporate and commercial clients including treasury management, commercial real estate loans, and captive insurance services.
• Merchant Services Payment processing solutions for businesses including credit card processing, point-of-sale systems, and payment gateway services.
• The Private Bank Wealth management and private banking services offering investment management, trust services, and personalized financial solutions for high-net-worth individuals.
• Investments (Bankoh Advisors) Investment services and financial planning through Bankoh Advisors, providing perspective on investing and financial planning aligned with local market knowledge.
• Insurance Insurance products and services for personal and business needs, offered through Bankoh Investment Services and partnerships with insurance providers.
• Center for Family Business & Entrepreneurs Specialized banking service bringing together expertise to help business owners steward wealth created from business success, offering resources and networking for family businesses.
• Captive Insurance Specialized insurance entity services for businesses looking to establish and manage captive insurance arrangements for risk management.
• SimpliFi by Bank of Hawaii Digital mortgage application platform enabling customers to start, save, and complete mortgage applications online from any device. Features include document upload, loan progress tracking, and integration with Bank of Hawaii lending experts.
• Treasury Management Treasury management services for corporate and commercial clients to manage cash flow, liquidity, and payment operations.

Quantifiable outcome

• No. 1 overall residential real estate lender in Hawaii in 2025 by loan volume
• +3 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability1 record

Feature1 record

Partnerships

Seven partnerships are on record, tiered flagship, core and minor.

• Goodwill HawaiiflagshipGTM or Marketing Partner · 16 July 2026Bank of Hawaii Foundation presents Goodwill Goes GLAM! 2026, an annual fundraising event combining runway fashion show with pop-up marketplace. Event supports Goodwill Hawaii's workforce development programs benefiting more than 10,000 people annually. 15th annual event held at Blaisdell Exhibition Hall.
• University of Hawaii AthleticscoreGTM or Marketing Partner · 5 May 2026Bank of Hawaii, First Hawaiian Bank, Matson, and individuals Walter Dods Jr. and Jack Tsui collectively pledged $5 million over five years to University of Hawaii Manoa's Name, Image, and Likeness (NIL) fund for athletics. Annual commitment of $200,000 starting 2026-27 athletic year.
• Hawaiian Council + Servco PacificminorStrategic or Co-development Partner · 18 April 2026Partnership providing disaster relief for Kona low flooding victims. The Hawaiian Council, in partnership with Servco Pacific and Bank of Hawaii, offers short-term vehicle loans and up to $5,000 toward new vehicle purchases. Over $2 million in disaster relief donations funded the initiative.
• Mana UpcoreStrategic or Co-development Partner · 31 October 2024Bank of Hawaii partners with Mana Up, a Hawaii-based business accelerator program, to promote local businesses and entrepreneurs. The partnership celebrates local makers and artisans through various initiatives including holiday gift guides featuring Mana Up vendors.
• Apple Pay / Google Pay / Samsung PaycoreTechnology or IntegrationDigital wallet partnerships enabling contactless payments through Apple Pay, Google Pay, and Samsung Pay on debit cards. Apple Pay not available in Guam, Saipan, and Palau.
• Barclays (for Credit Card)coreChannel Partner/ Reseller/ DistributorBarclays Bank Delaware issues the Hawaiian Airlines Bank of Hawaii World Elite Mastercard and other co-branded credit card products. Earn Atmos Rewards points on purchases.
• Nā ʻŌiwi AlohaminorStrategic or Co-development PartnerEmployee resource group of Native Hawaiians and allies at Bank of Hawaii committed to advocacy, education, and community engagement. Partnership to present stories about Hawaiian history and culture.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• First Hawaiian Bank: First Hawaiian Bank is Bank of Hawaii's primary direct competitor in Hawaii, offering the same consumer, commercial, and wealth management services across the islands. Comparable as the other major Hawaii-headquartered full-service bank with similar branch density and product mix.
• American Savings Bank: Hawaii's third-largest bank and another direct competitor, offering consumer and business banking across the islands with a community banking focus. Comparable in geographic concentration and target customer segments.
• Central Pacific Financial: Parent of Central Pacific Bank, another Hawaii-based community bank serving consumers and businesses across the islands. Highly comparable in regional footprint, asset size, and product offering.
• Territorial Savings Bank: Hawaii-based savings institution focused on residential mortgage lending and retail deposits. Comparable as a Hawaii-headquartered thrift with overlapping residential lending focus.

Regional players

• East West Bancorp: Large Pacific Rim-focused regional bank with strong commercial banking franchise serving Asian-American communities and businesses. Comparable as a Pacific-focused commercial bank with similar relationship-driven wealth management and CRE exposure.
• Cathay General Bancorp: Pacific-focused commercial bank with strong California and Asian-American market presence. Comparable business model targeting commercial clients, trade finance, and community banking with similar international/Specialty focus.
• Pacific Premier Bancorp: West Coast regional bank with similar asset size (~$20B+), commercial banking focus, and CRE lending exposure. Comparable as a similarly sized regional bank with comparable commercial and small business banking model.
• CVB Financial: California-based community bank with similar asset size, conservative underwriting, and strong deposit franchise. Comparable as a similarly sized community/regional bank with comparable commercial banking model.

Broad incumbents

• Webster Financial: Mid-sized regional bank with consumer, commercial, and wealth management services across the Northeast. Comparable in scale (~$20B+ assets), business banking focus, and product mix including HSA banking.

Others

• Hawaiian Telcom / Hawaiian Electric Industries: Other significant Hawaii-based public company with state-concentrated operations, used as a geographic comparability proxy for Hawaii-headquartered public equities facing similar local economic exposure.

Market position

Strengths2 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bankofhawaii
• YouTubeyoutube.com/bankofhawaii
• Facebookfacebook.com/bankofhawaii
• LinkedInlinkedin.com/company/bankofhawaii
• Instagraminstagram.com/bankofhawaii

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank of Hawaii