Hingham Institution for Savings

Hingham Institution for Savings provides community banking services. It engages in the business of commercial and residential real estate mortgage lending, funded by retail deposits, wholesale deposits and borrowings. The company was founded in 1834 and is headquartered in Hingham, MA.

Earnings data Q2 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hingham Institution for Savings provides community banking services. It is involved in the business of commercial and residential real estate mortgage lending, funded by retail deposits, wholesale deposits and borrowings. The company was founded in 1834 and is headquartered in Hingham, MA.

HINGHAM, Mass., April 12, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2024.

Hingham Savings Reports First Quarter 2024 Results

HINGHAM, Mass., Jan. 19, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced earnings for the fourth quarter and the year ended December 31, 2023.

Hingham Savings Reports 2023 Results

HINGHAM, Mass., Nov. 20, 2023 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) (“the Bank”), Hingham, Massachusetts, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.63 per share.   The dividend will be paid on January 10, 2024 to stockholders of record as of January 2, 2024.

Hingham Savings Declares Regular Dividend

HINGHAM, Mass., Oct. 13, 2023 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended September 30, 2023.

Hingham Savings Reports Third Quarter 2023 Results

Black Hills

Sensient Technologies

Mega-cap tech titans have been reaping economic rewards of 2023 while leaving most of the rest of the market behind. While a few growth firms see their shares continue to rally, several companies are struggling to tread water as the economy weakens amid inflation and rising interest rates.

Q4 Stock Predictions: 3 Small-Cap Stocks Set to Soar

Hingham Institution for Savings (HIFS) has struggled to grow its deposit base, resulting in added risk and a 10% short interest in its shares. HIFS has seen consistent growth in book value and dividend yields, with potential for further growth if deposits increase. HIFS has a strong business structure, with impressive commercial loan growth and an efficient ratio, but may face consolidation due to rising interest rates.

Hingham Institution For Savings: Strong Book Value Growth And Operational Performance

Hingham's dual growth strategy focuses on expanding deposits and loans in existing, affluent markets, leveraging specialized services to enhance profitability and mitigate expansion risks. Hingham's long-tenured management and high insider ownership, including the CEO's significant stake, signal deep commitment and alignment with long-term shareholder value. HIFS excels in net interest margin and loan quality, but struggles with interest rate sensitivity, affecting its recent efficiency ratio and performance.

Hingham Institution for Savings: A Well-Run Bank With Great Growth Potential

HINGHAM, Mass., July 14, 2023 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended June 30, 2023.

Hingham Savings Reports Second Quarter 2023 Results

Hingham Institution for Savings shares have fallen over the past year thanks to a sharp decrease in the firm's net interest margin. The bank's earnings will be way down in 2023, and some investors are understandably nervous. I believe the bank will be valued on price-to-book, and shares are only slightly above three-decade lows on that metric.

Hingham Institution for Savings: Making The Most Of An Inverted Yield Curve

HINGHAM, Mass, April 13, 2023 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2023.

Hingham Savings Reports First Quarter 2023 Results

BancFirst

Bank of South Carolina

Bank of Hawaii

Commerce Bancshares

City Hld

CVB Financial

First Financial Bankshares

Greene County Bancorp

Heartland Financial USA

Lakeland Financial

Southside Bancshares

ServisFirst Bancshares

Stock Yards Bancorp

Warren Buffett once owned a highly profitable, ultra-safe Illinois bank from 1969-1980. Regulators made him sell it, much to his chagrin. When recently analyzing another Illinois community bank, HBT Financial, I researched Buffett's shareholder letters from 1969-1980 to see if he had insights that could help in my HBT analysis.

Finding Buffett Banks

HINGHAM, Mass., Jan. 19, 2023 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced earnings for the fourth quarter and the year ended December 31, 2022.

Hingham Savings Reports 2022 Results

Hingham shares rallied nicely to end 2022, and as such, I'm dialing back my enthusiasm a bit for the time being. The bank has a tremendous management team and superior business model, however, it is not well-positioned to face the current interest rate environment.

Hingham Institution for Savings: Taking A More Cautious Outlook For 2023

HEICO

Netflix

Roper Technologies

United Rentals

Visa

Zoetis

2022 wasn't a banner year for most investors. Major American equity markets fell into bear market territory.

7 Long-Term Stocks to Put on Your Buy List in 2023

Agilent Technologies

Ares Commercial Real Estate

American Tower

Andersons

Alexandria Real Estate Equities

Axis Capital

Balchem

Franklin Resources

CubeSmart

Edison

Ensign Group

Four Corners Property Trust

Lincoln Electric Hlds

McCormick

Nucor

Realty Income Corp

Raymond James

Stryker

Toro

Washington Trust Bancorp

W. P. Carey

York Water

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 8% and a median increase of 5.4%.

25 Upcoming Dividend Increases To Finish 2022

HINGHAM, Mass., Nov. 21, 2022 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) (“the Bank”), Hingham, Massachusetts, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.63 per share. This represents an increase of 3% over the previous regular quarterly dividend of $0.61 per share. The dividend will be paid on January 11, 2023 to stockholders of record as of January 2, 2023.

Hingham Declares Regular and Special Dividend

Hingham shares have moved a surprising 43% off their 52-week highs. The bank has reported seemingly poor 2022 earnings, but things aren't nearly so bad under the surface.

Hingham Institution For Savings: The Nation's Most Efficient Bank Is Now A Buy

HINGHAM, Mass., Oct. 14, 2022 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), announced third quarter results for 2022.

Hingham Savings Reports Third Quarter 2022 Results

HINGHAM, Mass., July 15, 2022 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended June 30, 2022.

Hingham Savings Reports Second Quarter 2022 Results

AutoZone

Novo Nordisk

Grupo Aeroportuario del Pacifico

Texas Instruments

Markets are shaky right now. But these seven best long-term stocks to buy and hold should work in just about any economic environment.

The 7 Best Long-Term Stocks to Buy and Hold Until 2032

HINGHAM, Mass., April 14, 2022 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2022.

Hingham Savings Reports First Quarter 2022 Results

The bank runs one of the most efficient operations in the entire sector.

This Small Bank Stock Is a Hidden Gem

Hingham is one of the most efficiently operated banks in the U.S.

Hingham: One Of The Top-Performing Banks In The U.S.

HINGHAM, Mass., Jan. 20, 2022 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ: HIFS), Hingham, Massachusetts announced earnings for the fourth quarter and the year ended December 31, 2021.

Hingham Savings Reports 2021 Results

HINGHAM, Mass., Jan. 12, 2022 (GLOBE NEWSWIRE) -- With great sadness, Hingham Institution for Savings (NASDAQ: HIFS) (“Hingham”) announced that former Director and Clerk of the Bank, Marion Fahey, died yesterday. She was 97.

Hingham Savings Announces Passing of Former Director and Clerk Marion Fahey

News for Hingham Institution for Savings Stock (HIFS)