Bank of Hawaii Corporation (BOH) Balance Sheet
BOH balance sheet, 2025
December 31, 2025 · U.S. dollars$24.18B assets = $22.33B liabilities + $1.85B equity
Both columns are drawn to the same scale: what BOH owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BOH financial health
Descriptive bands, not a rating. Fiscal 2025.
BOH balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $16.49B2016 | $24.18B2025 | +4.3%/yr | |
| Total liabilities | $15.33B2016 | $22.33B2025 | +4.3%/yr | |
| Shareholders’ equity | $1.16B2016 | $1.85B2025 | +5.3%/yr | |
| Cash & short-term investments | $2.36B2016 | $946.5M2025 | −9.6%/yr | |
| Total debt | $301.8M2016 | $92.4M2025 | −12.3%/yr | |
| Net cash (debt) | $2.06B2016 | $854.1M2025 | −$1.2B | |
| Working capital | $2.61B2016 | $924.0M2025 | −$1.7B | |
| Book value per share | $27.092016 | $46.282025 | +6.1%/yr | |
| Debt / equity | 0.262016 | 0.052025 | −0.21 | |
| Shares outstanding | 42.9M2016 | 40.0M2025 | −0.8%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BOH assets
BOH liabilities and equity
BOH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BOH balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $946.5M | $2.62B | $3.41B | $3.17B | $4.47B | $4.07B | $2.92B | $2.34B | $2.50B | $2.36B |
| Cash & equivalents | $946.5M | $763.6M | $1.00B | $320.4M | $198.9M | $281.1M | $304.1M | $327.1M | $266.4M | $172.3M |
| Short-term investments | $2.72B | $1.85B | $2.41B | $2.84B | $4.28B | $3.79B | $2.62B | $2.01B | $2.23B | $2.19B |
| Receivables | $69.9M | $172.1M | $141.2M | $139.9M | $160.7M | $167.8M | $187.8M | $245.3M | $231.4M | $254.8M |
| Inventory | $0 | $0 | $241.5M | −$494.6M | −$639.0M | −$692.6M | −$643.2M | −$588.3M | −$550.5M | −$947.7M |
| Other current assets | $0 | $22.6M | $0 | $513.3M | $656.7M | $707.1M | $658.3M | $596.8M | $550.5M | $947.7M |
| Total current assets | $1.02B | $2.81B | $3.57B | $3.32B | $4.65B | $4.26B | $3.13B | $2.59B | $2.73B | $2.61B |
| Property, plant & equipment (net) | $283.2M | $264.6M | $281.0M | $299.1M | $295.0M | $299.2M | $289.2M | $151.8M | $130.9M | $113.5M |
| Goodwill & intangible assets | $49.0M | $50.7M | $52.4M | $54.1M | $53.8M | $51.2M | $56.5M | $55.8M | $56.1M | $55.2M |
| Long-term investments | $8.01B | $7.54B | $7.62B | $8.26B | $8.97B | $18.86B | $13.96B | $13.84B | $13.64B | $12.74B |
| Other non-current assets | $14.82B | $12.93B | $12.22B | $11.67B | $8.81B | $0 | $661.5M | $512.3M | $534.2M | $969.6M |
| Total assets | $24.18B | $23.60B | $23.73B | $23.61B | $22.78B | $20.60B | $18.10B | $17.14B | $17.09B | $16.49B |
| Liabilities | ||||||||||
| Accounts payable | $22.4M | $34.8M | $41.0M | $9.7M | $2.5M | $5.1M | $8.0M | $8.3M | $6.9M | $5.3M |
| Short-term debt | $92.4M | $100.0M | $150.5M | $725.5M | $450.5M | $600.6M | $604.3M | $504.5M | $181.1M | $33.8M |
| Deferred revenue | — | — | −$41.0M | — | −$100.7M | −$102.3M | −$100.2M | — | −$174.2M | −$28.5M |
| Total current liabilities | $92.4M | $20.77B | $21.25B | $21.35B | $20.81B | $18.82B | $16.40B | $15.54B | $6.9M | $5.3M |
| Long-term debt | $558.2M | $7.6M | $9.4M | $410.3M | $10.4M | $60.5M | $85.6M | $135.6M | $260.7M | $267.9M |
| Lease obligations | $100.6M | $97.1M | $104.9M | $100.5M | $103.2M | $107.4M | $118.8M | $10.6M | $10.7M | $10.8M |
| Other long-term liabilities | $21.67B | $1.16B | $1.06B | $528.7M | $349.8M | $351.3M | $326.3M | $200.1M | $0 | $0 |
| Total liabilities | $22.33B | $21.93B | $22.32B | $22.29B | $21.17B | $19.23B | $16.81B | $15.88B | $15.86B | $15.33B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $587,000 | $585,000 | $583,000 | $582,000 | $581,000 | $580,000 | $579,000 | $577,000 | $576,000 | $576,000 |
| Retained earnings (deficit) | $2.21B | $2.13B | $2.11B | $2.06B | $1.95B | $1.81B | $1.76B | $1.64B | $1.51B | $1.42B |
| Treasury stock | — | — | — | — | −$1.06B | −$1.04B | −$1.03B | −$894.4M | −$807.4M | −$772.2M |
| Accumulated other comprehensive income | −$244.4M | −$343.4M | −$396.7M | −$434.7M | −$66.4M | $7.8M | −$31.1M | −$51.0M | −$34.7M | −$33.9M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.85B | $1.67B | $1.41B | $1.32B | $1.61B | $1.37B | $1.29B | $1.27B | $1.23B | $1.16B |
| Key figures | ||||||||||
| Total debt | $92.4M | $747.1M | $805.4M | $1.24B | $564.1M | $768.5M | $798.1M | $640.1M | $441.8M | $301.8M |
| Net cash (debt) | $854.1M | $1.87B | $2.60B | $1.93B | $3.91B | $3.30B | $2.13B | $1.69B | $2.06B | $2.06B |
| Working capital | $924.0M | −$17.96B | −$17.68B | −$18.03B | −$16.16B | −$14.56B | −$13.27B | −$12.95B | $2.72B | $2.61B |
| Tangible book value | $1.80B | $1.62B | $1.36B | $1.26B | $1.56B | $1.32B | $1.23B | $1.21B | $1.18B | $1.11B |
| Book value per share | $46.28 | $42.01 | $35.87 | $33.10 | $40.24 | $34.46 | $31.66 | $30.20 | $28.91 | $27.09 |
| Shares outstanding | 40.0M | 39.7M | 39.4M | 39.8M | 40.1M | 39.9M | 40.6M | 42.0M | 42.6M | 42.9M |
| Current ratio | 11.00 | 0.14 | 0.17 | 0.16 | 0.22 | 0.23 | 0.19 | 0.17 | 393.15 | 489.89 |
| Quick ratio | 11.00 | 0.13 | 0.17 | 0.15 | 0.22 | 0.23 | 0.19 | 0.17 | 393.15 | 489.89 |
| Debt / equity | 0.05 | 0.45 | 0.57 | 0.94 | 0.35 | 0.56 | 0.62 | 0.50 | 0.36 | 0.26 |
| Equity / assets | 7.7% | 7.1% | 6.0% | 5.6% | 7.1% | 6.7% | 7.1% | 7.4% | 7.2% | 7.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $452.8M | $425.1M | $946.5M | $3.46B | $3.08B | $3.00B | $2.62B | $1.96B | $1.75B | $1.72B | $3.41B | $1.80B |
| Cash & equivalents | $452.8M | $425.1M | $946.5M | $985.2M | $768.7M | $935.2M | $763.6M | $279.9M | $301.2M | $218.0M | $1.00B | $266.1M |
| Short-term investments | $2.85B | $2.96B | $2.72B | $2.47B | $2.31B | $2.07B | $1.85B | $1.68B | $1.45B | $1.50B | $2.41B | $1.54B |
| Receivables | $70.6M | $70.6M | $69.9M | $176.5M | $172.7M | $175.8M | $172.1M | $144.4M | $143.1M | $142.7M | $141.2M | $148.6M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$1.34B | −$70.8M | −$1.14B | $241.5M | −$761.9M |
| Other current assets | $0 | $0 | $0 | $24.1M | $21.9M | $23.7M | $22.6M | $1.36B | $94.1M | $1.17B | $0 | $783.5M |
| Total current assets | $523.5M | $495.6M | $1.02B | $3.66B | $3.28B | $3.20B | $2.81B | $2.13B | $1.91B | $1.89B | $3.57B | $1.97B |
| Property, plant & equipment (net) | $308.0M | $298.1M | $283.2M | $196.1M | $275.8M | $271.4M | $264.6M | $273.6M | $277.1M | $278.0M | $281.0M | $283.0M |
| Goodwill & intangible assets | $48.1M | $48.6M | $49.0M | $31.5M | $49.9M | $50.3M | $50.7M | $51.1M | $51.5M | $51.9M | $52.4M | $52.8M |
| Long-term investments | $7.93B | $8.13B | $8.01B | $7.87B | $7.81B | $7.65B | $7.54B | $7.48B | $7.32B | $7.47B | $7.62B | $7.48B |
| Other non-current assets | $15.04B | $14.94B | $14.82B | $12.26B | $12.30B | $12.71B | $12.93B | $13.86B | $13.74B | $13.74B | $12.22B | $13.77B |
| Total assets | $23.84B | $23.91B | $24.18B | $24.01B | $23.71B | $23.89B | $23.60B | $23.80B | $23.30B | $23.42B | $23.73B | $23.55B |
| Liabilities | ||||||||||||
| Accounts payable | $16.4M | $19.8M | $22.4M | $27.6M | $26.7M | $23.3M | $34.8M | $40.4M | $37.3M | $37.1M | $41.0M | $33.4M |
| Short-term debt | $93.6M | $91.2M | $92.4M | $50.0M | $50.0M | $50.0M | $100.0M | $100.5M | $100.5M | $150.5M | $150.5M | $150.5M |
| Deferred revenue | — | — | — | — | — | — | — | — | −$37.3M | −$37.1M | −$41.0M | −$62.0M |
| Total current liabilities | $93.6M | $91.2M | $92.4M | $20.79B | $20.88B | $21.08B | $20.77B | $21.12B | $20.55B | $20.86B | $21.25B | $20.99B |
| Long-term debt | $500.0M | $550.0M | $558.2M | $8.2M | $558.2M | $8.2M | $8.3M | $8.3M | $550.0M | $550.0M | $550.0M | $560.2M |
| Lease obligations | $101.7M | $99.4M | $100.6M | $99.9M | $100.6M | $100.5M | $97.1M | $98.7M | $103.5M | $104.3M | $104.9M | $95.5M |
| Other long-term liabilities | $21.37B | $21.41B | $21.67B | $1.43B | $532.8M | $1.09B | $1.16B | $1.01B | $591.6M | $570.7M | $522.5M | $639.5M |
| Total liabilities | $21.97B | $22.06B | $22.33B | $22.22B | $21.97B | $22.18B | $21.93B | $22.13B | $21.69B | $21.98B | $22.32B | $22.19B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $590,000 | $590,000 | $587,000 | $587,000 | $587,000 | $586,000 | $585,000 | $585,000 | $585,000 | $584,000 | $583,000 | $583,000 |
| Retained earnings (deficit) | $2.26B | $2.23B | $2.21B | $2.18B | $2.16B | $2.14B | $2.13B | $2.13B | $2.12B | $2.11B | $2.11B | $2.11B |
| Accumulated other comprehensive income | −$243.5M | −$247.2M | −$244.4M | −$276.3M | −$299.2M | −$318.4M | −$343.4M | −$335.4M | −$374.4M | −$383.6M | −$396.7M | −$441.6M |
| Total shareholders' equity | $1.88B | $1.85B | $1.85B | $1.79B | $1.74B | $1.70B | $1.67B | $1.67B | $1.61B | $1.44B | $1.41B | $1.36B |
| Key figures | ||||||||||||
| Total debt | $93.6M | $91.2M | $92.4M | $699.9M | $700.6M | $700.5M | $747.1M | $749.1M | $754.0M | $804.8M | $805.4M | $806.2M |
| Net cash (debt) | $359.2M | $333.9M | $854.1M | $2.76B | $2.38B | $2.30B | $1.87B | $1.22B | $994.0M | $915.1M | $2.60B | $996.6M |
| Working capital | $429.9M | $404.4M | $924.0M | −$17.13B | −$17.60B | −$17.88B | −$17.96B | −$18.99B | −$18.63B | −$18.98B | −$17.68B | −$19.01B |
| Tangible book value | $1.83B | $1.81B | $1.80B | $1.76B | $1.69B | $1.65B | $1.62B | $1.61B | $1.56B | $1.38B | $1.36B | $1.31B |
| Book value per share | $47.08 | $46.39 | $46.28 | $44.80 | $43.69 | $42.76 | $42.01 | $41.91 | $40.71 | $36.24 | $35.77 | $34.60 |
| Shares outstanding | 39.8M | 40.0M | 40.0M | 40.0M | 39.9M | 39.9M | 39.7M | 39.7M | 39.6M | 39.6M | 39.5M | 39.4M |
| Current ratio | 5.59 | 5.43 | 11.00 | 0.18 | 0.16 | 0.15 | 0.14 | 0.10 | 0.09 | 0.09 | 0.17 | 0.09 |
| Quick ratio | 5.59 | 5.43 | 11.00 | 0.17 | 0.16 | 0.15 | 0.13 | 0.10 | 0.09 | 0.09 | 0.17 | 0.09 |
| Debt / equity | 0.05 | 0.05 | 0.05 | 0.39 | 0.40 | 0.41 | 0.45 | 0.45 | 0.47 | 0.56 | 0.57 | 0.59 |
| Equity / assets | 7.9% | 7.8% | 7.7% | 7.5% | 7.4% | 7.1% | 7.1% | 7.0% | 6.9% | 6.1% | 6.0% | 5.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 24, 2026); data from EODHD.
BOH financial position
At the end of fiscal 2025 (December 31, 2025), Bank of Hawaii had total assets of $24.2 billion (up 2.4% from a year earlier), total liabilities of $22.3 billion and shareholders' equity of $1.9 billion. It held $946.5 million in cash and short-term investments against $92.4 million of debt, a net cash position of $854.1 million. Its current ratio was 11.00. In the latest quarter (ended June 30, 2026) total assets were $23.8 billion and equity $1.9 billion.
Related: BOH income statement, BOH cash flow statement, BOH key metrics. See the BOH stock overview for the latest quote and news.
BOH balance sheet FAQ
What are Bank of Hawaii's total assets?
Bank of Hawaii reported total assets of $24.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $23.6 billion a year earlier.
How much debt does Bank of Hawaii have?
Bank of Hawaii had $92.4 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.05.
How much cash does Bank of Hawaii have?
Bank of Hawaii held $946.5 million in cash and short-term investments at the end of fiscal 2025; with $92.4 million of debt that is net cash of $854.1 million.
What is Bank of Hawaii's book value?
Bank of Hawaii's shareholders' equity (book value) was $1.9 billion at the end of fiscal 2025, or $46.28 per share.
What is Bank of Hawaii's current ratio?
Bank of Hawaii had current assets of $1.0 billion and current liabilities of $92.4 million, a current ratio of 11.00 (it can cover its short-term obligations).
How much goodwill does Bank of Hawaii have?
Bank of Hawaii carried $49.0 million of goodwill and intangible assets, 0.2% of total assets, at the end of fiscal 2025.