Bancorp Hawaii, Inc. Declares Quarterly Dividend.HONOLULU--(BUSINESS WIRE)--Jan. 26, 1995--Bancorp Hawaii, Inc.'s board of directors yesterday declared a quarterly cash dividend of 26 cents on the outstanding common stock. The dividend will be payable on March 14, 1995, to shareholders of record at the close of business on February 21, 1995. Last week Bancorp announced 1994 year-end earnings of $117.7 million, down from $132.6 million in 1993. On an annual basis, earnings per share were $2.75, compared with $3.09 per share for the full year 1993, down 11.0%. Earnings, while down from 1993, were within the pre-released range announced on December 1, 1994. Bancorp's total assets at year-end 1994 were $12.6 billion, up 1% from $12.5 billion at year end 1993. Bancorp Hawaii, Inc., is a regional bank holding company with more than 115 offices throughout Hawaii, Asia, and the Pacific. It is the largest Hawaii-based financial organization and ranks among the nation's top 50 bank holding companies based on assets. Its principal subsidiaries are the state's largest commercial bank, Bank of Hawaii Bank of Hawaii, a subsidiary of Bank of Hawaii Corporation (NYSE: BOH), is a regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that majority of the voting stockholders reside within the state. ; thrift holding company, Bancorp Pacific, Inc.; and Arizona commercial bank, First National Bank of Arizona. The state's largest trust company, Hawaiian Trust Company, Limited; securities brokerage firm, Bancorp Investment Group, Limited; and leasing subsidiary, Bancorp Leasing of Hawaii are subsidiaries of Bank of Hawaii. Bank of Hawaii has locations in Hawaii, the West and South Pacific, Taipei, Tokyo, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Singapore, Seoul, Manila, Cebu, Davao, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Nassau. Bancorp Hawaii is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "BOH BOH Bournemouth (UK) Airport Identifier BOH Bank of Hawaii BOH Board of Health BOH Back Of House BOH Board of Housing (Montana Dept of Commerce) BOH Badge of Honor BOH Bridge Of Hope BOH Bag of Holding ". CONTACT: Bancorp Hawaii, Inc. Pila Piła (pē`lä), Ger. Schneidemühl, town (1994 est. pop. 74,000), Wielkopolskie prov., NW Poland, on the Gwdą River. Once the capital of Grenzmark Posen–West Prussia, it is now chiefly a trade and industrial center. Aarma, 808/537-8660 |
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