Bancorp Hawaii, Inc. Declares Quarterly Dividend.HONOLULU--(BUSINESS WIRE)--July 27, 1995--Bancorp Hawaii, Inc.'s board of directors today declared a quarterly cash dividend of 27 1/4 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on the outstanding common stock. The dividend will be payable on September 15, 1995, to shareholders of record at the close of business on August 21, 1995. Last week, Bancorp announced quarterly earnings of $28.5 million, 16.4% lower than for the same period last year. Earnings per share for the second quarter of 1995 were $0.68, compared to $0.79 for the second quarter of 1994. These results were expected given last year's volatile interest rate environment and Hawaii's slow economic recovery. Bancorp Hawaii, Inc. is a regional bank holding company with more than 115 offices throughout Hawaii, Arizona, Asia and the Pacific. As the largest Hawaii-based financial organization, Bancorp's principal subsidiaries are 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. , the state's largest commercial bank; Bancorp Pacific, Inc., a thrift holding company; and First National Bank of Arizona, an Arizona commercial bank. 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, 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., Honolulu 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 Linda Chinn, 808/537-8658 |
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