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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 164M | 3.1% |
Gross Profit | 54M | 13.8% |
Cost of Revenue | 110M | 1.4% |
Operating expense | 20M | 0% |
Net Income | 40M | 18.4% |
EBITDA | 38M | 74.3% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 23.8B | 2.1% |
Total Liabilities | 22.1B | 2.1% |
Total Equity | 1.67B | 3.3% |
Shares Outstanding | 40M | 0% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | -19M | 140.6% |
Cash from investing | -173M | 199.1% |
Cash from financing | 539M | 387.2% |
EPS
Financial Highlights for Bank of Hawaii in Q3 '24
Bank of Hawaii reported a revenue of 164M, which is a 3.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 54M, marking a 13.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 110M, a -1.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 20M, showing a 0% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 40M, showing a 18.4% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 38M, showing a -74.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Bank of Hawaii with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.