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Side-by-side financial comparison of BANK OF HAWAII CORP (BOH) and MERIT MEDICAL SYSTEMS INC (MMSI). Click either name above to swap in a different company.

MERIT MEDICAL SYSTEMS INC is the larger business by last-quarter revenue ($381.9M vs $192.3M, roughly 2.0× BANK OF HAWAII CORP). BANK OF HAWAII CORP runs the higher net margin — 29.9% vs 10.7%, a 19.1% gap on every dollar of revenue. Over the past eight quarters, BANK OF HAWAII CORP's revenue compounded faster (10.7% CAGR vs 6.3%).

The Bank of Hawaii Corporation is an American regional commercial bank headquartered in Honolulu, Hawaii. It is Hawaii's second oldest bank and its largest locally owned bank in that the majority of the voting stockholders reside within the state. Bank of Hawaii has the most accounts, customers, branches, and ATMs of any financial institution in the state. The bank consists of four business segments: retail banking, commercial banking, investment services, and treasury. The bank is currently ...

Merit Medical Systems Inc. is a global medical device firm that designs, manufactures, and markets a broad portfolio of interventional and diagnostic products used across cardiology, radiology, oncology, endoscopy, and critical care segments. It primarily serves hospitals, clinics, and healthcare providers worldwide, focusing on minimally invasive solutions that enhance patient outcomes and streamline clinical workflows.

BOH vs MMSI — Head-to-Head

Bigger by revenue
MMSI
MMSI
2.0× larger
MMSI
$381.9M
$192.3M
BOH
Higher net margin
BOH
BOH
19.1% more per $
BOH
29.9%
10.7%
MMSI
Faster 2-yr revenue CAGR
BOH
BOH
Annualised
BOH
10.7%
6.3%
MMSI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BOH
BOH
MMSI
MMSI
Revenue
$192.3M
$381.9M
Net Profit
$57.4M
$41.0M
Gross Margin
48.4%
Operating Margin
11.6%
Net Margin
29.9%
10.7%
Revenue YoY
7.5%
Net Profit YoY
30.6%
36.0%
EPS (diluted)
$1.30
$0.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BOH
BOH
MMSI
MMSI
Q1 26
$192.3M
$381.9M
Q4 25
$189.6M
$393.9M
Q3 25
$182.6M
$384.2M
Q2 25
$174.5M
$382.5M
Q1 25
$169.9M
$355.4M
Q4 24
$163.2M
$355.2M
Q3 24
$162.7M
$339.8M
Q2 24
$156.9M
$338.0M
Net Profit
BOH
BOH
MMSI
MMSI
Q1 26
$57.4M
$41.0M
Q4 25
$60.9M
$38.0M
Q3 25
$53.3M
$27.8M
Q2 25
$47.6M
$32.6M
Q1 25
$44.0M
$30.1M
Q4 24
$39.2M
$27.9M
Q3 24
$40.4M
$28.4M
Q2 24
$34.1M
$35.7M
Gross Margin
BOH
BOH
MMSI
MMSI
Q1 26
48.4%
Q4 25
49.6%
Q3 25
48.5%
Q2 25
48.2%
Q1 25
48.4%
Q4 24
48.7%
Q3 24
46.4%
Q2 24
47.7%
Operating Margin
BOH
BOH
MMSI
MMSI
Q1 26
11.6%
Q4 25
40.9%
13.8%
Q3 25
37.1%
11.1%
Q2 25
34.6%
12.3%
Q1 25
33.1%
11.5%
Q4 24
31.6%
10.3%
Q3 24
32.3%
11.0%
Q2 24
28.9%
13.6%
Net Margin
BOH
BOH
MMSI
MMSI
Q1 26
29.9%
10.7%
Q4 25
32.1%
9.6%
Q3 25
29.2%
7.2%
Q2 25
27.3%
8.5%
Q1 25
25.9%
8.5%
Q4 24
24.0%
7.9%
Q3 24
24.8%
8.4%
Q2 24
21.7%
10.6%
EPS (diluted)
BOH
BOH
MMSI
MMSI
Q1 26
$1.30
$0.68
Q4 25
$1.40
$0.64
Q3 25
$1.20
$0.46
Q2 25
$1.06
$0.54
Q1 25
$0.97
$0.49
Q4 24
$0.85
$0.46
Q3 24
$0.93
$0.48
Q2 24
$0.81
$0.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BOH
BOH
MMSI
MMSI
Cash + ST InvestmentsLiquidity on hand
$3.3M
$488.1M
Total DebtLower is stronger
$735.2M
Stockholders' EquityBook value
$1.9B
$1.6B
Total Assets
$23.9B
$2.7B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BOH
BOH
MMSI
MMSI
Q1 26
$3.3M
$488.1M
Q4 25
$946.5M
$446.4M
Q3 25
$392.5M
Q2 25
$341.8M
Q1 25
$935.2M
$395.5M
Q4 24
$763.6M
$376.7M
Q3 24
$1.3B
$523.1M
Q2 24
$925.3M
$636.7M
Total Debt
BOH
BOH
MMSI
MMSI
Q1 26
$735.2M
Q4 25
$558.2M
$734.0M
Q3 25
$558.2M
$732.9M
Q2 25
$558.2M
$731.8M
Q1 25
$558.3M
$730.7M
Q4 24
$558.3M
$729.6M
Q3 24
$558.3M
$750.5M
Q2 24
$560.1M
$801.3M
Stockholders' Equity
BOH
BOH
MMSI
MMSI
Q1 26
$1.9B
$1.6B
Q4 25
$1.9B
$1.6B
Q3 25
$1.8B
$1.5B
Q2 25
$1.7B
$1.5B
Q1 25
$1.7B
$1.4B
Q4 24
$1.7B
$1.4B
Q3 24
$1.7B
$1.3B
Q2 24
$1.6B
$1.3B
Total Assets
BOH
BOH
MMSI
MMSI
Q1 26
$23.9B
$2.7B
Q4 25
$24.2B
$2.7B
Q3 25
$24.0B
$2.6B
Q2 25
$23.7B
$2.6B
Q1 25
$23.9B
$2.5B
Q4 24
$23.6B
$2.4B
Q3 24
$23.8B
$2.4B
Q2 24
$23.3B
$2.4B
Debt / Equity
BOH
BOH
MMSI
MMSI
Q1 26
0.45×
Q4 25
0.30×
0.46×
Q3 25
0.31×
0.48×
Q2 25
0.32×
0.49×
Q1 25
0.33×
0.51×
Q4 24
0.33×
0.53×
Q3 24
0.34×
0.57×
Q2 24
0.35×
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BOH
BOH
MMSI
MMSI
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$24.7M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$220.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BOH
BOH
MMSI
MMSI
Q1 26
Q4 25
$218.3M
$98.5M
Q3 25
$38.5M
$75.0M
Q2 25
$81.7M
$83.3M
Q1 25
$18.3M
$40.6M
Q4 24
$170.9M
$68.7M
Q3 24
$-20.3M
$47.3M
Q2 24
$45.7M
$68.5M
Free Cash Flow
BOH
BOH
MMSI
MMSI
Q1 26
$24.7M
Q4 25
$184.3M
$74.0M
Q3 25
$29.8M
$52.5M
Q2 25
$72.6M
$69.6M
Q1 25
$10.2M
$19.5M
Q4 24
$161.3M
$65.3M
Q3 24
$-25.0M
$38.0M
Q2 24
$40.7M
$57.9M
FCF Margin
BOH
BOH
MMSI
MMSI
Q1 26
6.5%
Q4 25
97.2%
18.8%
Q3 25
16.3%
13.7%
Q2 25
41.6%
18.2%
Q1 25
6.0%
5.5%
Q4 24
98.8%
18.4%
Q3 24
-15.3%
11.2%
Q2 24
26.0%
17.1%
Capex Intensity
BOH
BOH
MMSI
MMSI
Q1 26
4.2%
Q4 25
18.0%
6.2%
Q3 25
4.7%
5.8%
Q2 25
5.2%
3.6%
Q1 25
4.8%
5.9%
Q4 24
5.9%
1.0%
Q3 24
2.8%
2.8%
Q2 24
3.2%
3.1%
Cash Conversion
BOH
BOH
MMSI
MMSI
Q1 26
Q4 25
3.58×
2.59×
Q3 25
0.72×
2.70×
Q2 25
1.71×
2.56×
Q1 25
0.42×
1.35×
Q4 24
4.36×
2.46×
Q3 24
-0.50×
1.66×
Q2 24
1.34×
1.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BOH
BOH

Net Interest Income$151.0M79%
Noninterest Income$41.3M21%

MMSI
MMSI

Segment breakdown not available.

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