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Bank of Hawaii BOH Residential mortgage loans serviced for third parties

Residential mortgage loans serviced for third parties at other companies

Pioneer Bancorp, Inc. logo
Pioneer Bancorp, Inc.PBFS
$16.9M+7.6%
Pioneer Bancorp, Inc. logo
Pioneer Bancorp, Inc.PBFS
$16.9M+7.6%
JPMorgan Chase logo
JPMorgan ChaseJPM
$661B+0.5%
Annaly Capital Management logo
Annaly Capital ManagementNLY
$674.06M+44.0%
First Bancorp logo
First BancorpFNLC
$268.14M-6.8%
MIT
TPG Mortgage Investment TrustMITT
$70.12M-84.3%

Other financials

Income statement

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Revenue$196.9M+12.9%
Net income$63.8M+33.9%
EPS (diluted)$1.47+38.7%

Balance sheet

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Cash & equivalents$452.8M-41.1%
Total debt$601.7M-7.5%
Total equity$1.9B+7.6%
Total assets$23.8B+0.6%

Cash flow

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Operating cash flow$97.4M+19.3%
CapEx$12.6M+38.8%
Free cash flow$84.9M+16.9%

Valuation

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Market cap$3.1B+23.4%
Enterprise value$3.25B+35.7%
P/E13.2×-1.5×
P/S4.1×+0.3×

Profitability

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Net margin30.9%+5.4pp
FCF margin26.9%

Returns & leverage

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Return on equity13%+2.8pp
Debt / equity0.3×-0.1×

Where this comes from

Reported directly by Bank of Hawaii in its filing.

Tagged under the XBRL concept boh:ResidentialMortgageLoansServicedForThirdParties.

The source filing: Bank of Hawaii’s 10-Q, filed July 28, 2026.

Filed
Jul 27, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000046195-26-000056

The Company’s portfolio of residential mortgage loans serviced for third parties was $2.4 billion as of both June 30, 2026 and December 31, 2025. Substantially all of these loans were originated by the Company and sold to third parties on a non-recourse basis with servicing rights retained. These retained servicing rights are recorded as a servicing asset and are initially recorded at fair value (see Note 12 Fair Value of Assets and Liabilities for more information). Changes to the balance of mortgage servicing rights are recorded in noninterest income under mortgage banking in the Company’s unaudited consolidated statements of income.

Item 1. Financial Statements (Unaudited)

FAQ

What is Bank of Hawaii's residential mortgage loans serviced for third parties?
Bank of Hawaii (BOH) reported residential mortgage loans serviced for third parties of $2.4B in Q2 2026.
How has Bank of Hawaii's residential mortgage loans serviced for third parties changed year-over-year?
Bank of Hawaii's residential mortgage loans serviced for third parties decreased by 0.0% year-over-year, from $2.4B to $2.4B.
What is the long-term trend for Bank of Hawaii's residential mortgage loans serviced for third parties?
Over 4 years (2020 to 2025), Bank of Hawaii's residential mortgage loans serviced for third parties has grown at a -3.8% compound annual growth rate (CAGR), from $2.8B to $2.4B.
What does residential mortgage loans serviced for third parties mean?
This metric measures the total principal balance of residential mortgage loans that the bank services on behalf of third-party investors. It represents a non-interest income stream derived from servicing fees rather than interest income from the bank's own balance sheet. This activity is a key component of the bank's fee-based revenue strategy and operational scale in the mortgage market.

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