1/1
Swipe or click to see more
COURTESY BANK OF HAWAII
Forbes magazine has named Bank of Hawaii the best bank in the United States for the second consecutive year. Above is the Kalihi branch of the Bank of Hawaii.
Select an option below to continue reading this premium story.
Already a Honolulu Star-Advertiser subscriber? Log in now to continue reading.
ABA Banking Journal has named Bank of Hawaii the top-performing bank in the nation for 2013 among the largest public banks and thrifts with total assets of $10 billion or more. It was the third time in six years that Bankoh earned the No. 1 spot. Bankoh, the state’s second-largest bank, was ranked second in 2012. Its previous No. 1 finishes were in 2008 and 2011.
ABA Banking Journal reviewed the performance of federally insured domestic depository institutions with total assets of $10 billion or more as of Dec. 31 and ranked them by return on average total equity (ROAE). Bank of Hawaii had assets of $14.1 billion and ROAE of 14.78 percent.
French-owned BancWest Corp., parent of First Hawaiian Bank and Bank of the West, took seventh for private and foreign-owned banks and thrifts.