Neuberger Berman Amends Bank of Hawaii Stake (SC 13G/A)

TL;DR

**Neuberger Berman still owns a chunk of Bank of Hawaii, showing continued institutional confidence.**

AI Summary

Neuberger Berman Group LLC, a major investment firm, filed an amended Schedule 13G/A on February 12, 2024, indicating their ownership of Common stock in Bank of Hawaii Corp as of December 31, 2023. This filing, Amendment No. 10, updates their previous disclosures, confirming their continued significant, but passive, stake in the bank. For investors, this means a large institutional investor maintains confidence in Bank of Hawaii, which can be a positive signal, though the exact change in their holding isn't detailed in the provided snippet.

Why It Matters

This filing shows a major institutional investor, Neuberger Berman, continues to hold a significant, passive stake in Bank of Hawaii Corp, signaling their ongoing confidence in the company.

Risk Assessment

Risk Level: low — This is a routine amendment filing by an institutional investor, indicating a passive stake and not suggesting any immediate risk or major change in company operations.

Analyst Insight

Investors should note that a major institutional investor continues to hold a stake, suggesting stability, but should look for the full filing to understand the exact percentage of ownership and any changes from previous filings.

Key Numbers

• 62540109 — CUSIP Number (Unique identifier for Bank of Hawaii Corp's Common stock)
• 005-30144 — SEC File Number (Identifier for Bank of Hawaii Corp's filings with the SEC)

Key Players & Entities

• Neuberger Berman Group LLC (company) — Reporting Person, a major investment firm
• Bank of Hawaii Corp (company) — Subject Company, a state commercial bank
• December 31, 2023 (date) — Date of Event Which Requires Filing of this Statement
• February 12, 2024 (date) — Filing date of the SC 13G/A amendment
• Amendment No. 10 (number) — Indicates this is the tenth amendment to their Schedule 13G filing

Forward-Looking Statements

• Neuberger Berman Group LLC will maintain a significant, passive stake in Bank of Hawaii Corp for the foreseeable future. (Neuberger Berman Group LLC) — medium confidence, target: December 31, 2024

FAQ

Filing Documents

• formsc13ga-02122024_080209.htm (SC 13G/A) — 50KB
• 0001415889-24-003348.txt ( ) — 52KB

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ x ]

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. N/A

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. N/A

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group. N/A

Certification

Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 12, 2024 Neuberger Berman Group LLC By: /s/ Brad Cetron Name: Brad Cetron Title: Managing Director Date: February 12, 2024 Neuberger Berman Investment Advisers LLC By: /s/ Brad Cetron Name: Brad Cetron Title: Managing Director

View Full Filing

View this SC 13G/A filing on SEC EDGAR