BOH Revenue Miss Amid Deposit Pressure | Business and Finance News

Bank of Hawaii’s Q2 revenue missed estimates but still posted a solid 12.8% year-over-year jump, with earnings per share hitting expectations. The real story? A fierce deposit war is squeezing funding costs, even as the bank expands its net interest margin for nine straight quarters. With customers chasing higher yields and public deposits at risk, BOH’s CEO warns that maintaining momentum toward a 2.9% margin by year-end will be tough — especially with rising rates. The bank’s strategy? Repricing assets and boosting commercial lending — but the pressure’s on to deliver. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c31a042dcd5d1e9d