Friday, November 27, 2015         

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Bank of Hawaii earnings jump 20.8%

By Dave Segal


Bank of Hawaii Corp.'s net income jumped 20.8 percent in the third quarter as its credit improved and it set aside only half as much for potential loan losses as it did in the year-earlier quarter.

The state's second-largest bank said today it had earnings of $44.1 million, or 91 cents a share, compared with $36.5 million, or 76 cents a share, a year ago.

Revenue, though, slipped 2.4 percent to $161.8 million from $165.7 million.

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