If you are a dedicated financial investor, you may find yourself dismayed by the rocky road that American banks have been traveling for the past few years. There is no need to despair, however. As the big banks continue to churn and grapple with problems that they have often brought on themselves, many regional banks are quietly and consistently going about the business of making money. There are quite a few jewels out there, a handful of which reside on the scenic islands of Hawaii.
A perennial favorite of investors and analysts alike is the well-regarded Bank of Hawaii
Like BOH, Territorial Bancorp
Another Honolulu native is Central Pacific Bank, owned by holding company Central Pacific Financial
If you want to own a piece of American Savings Bank, you'll have to invest in its parent company, Hawaiian Electric Industries
Hawaiian banks look like a pretty healthy bunch, and investors are definitely taking notice. If you'd like a little slice of paradise to add to your banking portfolio, you could do worse than take a closer look at these banks.
You can add them to your stock watchlist by clicking here.
Fool contributor Amanda Alix owns no shares in the companies mentioned above. The Motley Fool owns shares of Bank of Hawaii. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.