UPDATE: Bank of Hawaii Reports 3.3% Decline In Q4 Earnings

Bank of Hawaii Corp

reported a 3.3% drop in its fourth-quarter earnings. Bank of Hawaii's quarterly profit fell to $39.2 million, from $40.6 million, in the year-ago period. Its per-share earnings climbed to $0.85 from $0.84, versus analysts' estimates of $0.82 per share. Bank of Hawaii's revenue dropped 5.5% to $139.7 million. However, analysts were expecting revenue of $142 million. Bank of Hawaii's shares gained 0.80% to close at $47.72 on Friday.