Bank of Hawaii is Hot

Seemingly every banking stock has been hit massively by the troubles in the loans market. The mortgage crisis is far reaching, and every banking and mortgage stock has seemingly been taking big hits daily. Interest rate cuts as well as banks looking to the Federal Reserve as a savior hasn’t been enough to help the often urgent situations of these banks. Thats all but this one bank, Bank of Hawaii.

Bank of Hawaii has been flourishing in times of crisis for others. For some reason they continue to turn profits and they are keeping their investors more then satisfied. The ticker symbol for Bank of Hawaii is BOH. The stock is up over 19% on the year and over 15% in the last 35 days alone, while just about every other banking stock has been down.

Here is the technical analysis of the stock if anyone is interested. Current price is $54.02 per share: