Bank of Hawaii Corporation was added to several prominent Russell indices, including the Russell 2000 Growth-Defensive Index, Russell 3000 Growth Index, Russell Small Cap Comp Growth Index, Russell 2500 Growth Index, and Russell 2000 Growth Index. These inclusions reflect a reclassification of the company's market profile within the broader equity landscape.
Concurrently, Bank of Hawaii Corporation was dropped from the Russell 2000 Dynamic Index. These changes are part of the annual reconstitution of the Russell family of indices, which are widely used benchmarks for institutional investors.
The inclusion in various growth-oriented indices may lead to increased exposure to funds tracking these benchmarks. This reclassification indicates a shift in how the company is categorized by major index providers, potentially impacting its investor base.
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