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The Honolulu Advertiser

Updated at 3:20 p.m., Monday, October 22, 2007

Bank of Hawaii 3rd-quarter earnings up 1.8%

Advertiser Staff

Bank of Hawaii Corp today said its third-quarter earnings rose 1.8 percent to $47.8 million.

On a per-share basis, the bank netted 96 cents during the three months ending Sept. 30, which was up from 92 cents in the year-earlier quarter.

Net interest income declined 1.6 percent to $98.8 million from the year-earlier quarter but that was offset by the bank's noninterest earnings, which rose 5.5 percent to $61.2 million.

Bank of Hawaii shares jumped $2.35 to close at $51.70.