Posted at 11:58 a.m., Monday, October 25, 2004
Bank of Hawaii income up 17 percent
Bank of Hawaii's net income jumped in the third quarter, as a strong economy boosted business across the board. Hawai'i's second largest bank earned $43.1 million, up 17 percent from a year ago, while earnings per share rose by 28 percent to 78 cents.Revenue came to $151.9 million compared with $144.9 million a year ago. The bank also raised its year-end profit forecast and increased its dividend by 10 percent to 33 cents a share.
