Hingham Institution for Savings Aktie News

Hingham Institution for Savings is one of my favorite financial institutions, defined by outstanding asset quality and a dedication to risk management. The bank has historically outperformed industry giants like Bank of America in terms of returns, NIM and NPAs. While profitability has declined in recent years, it is likely due to the tough macro environment rather than inherent weaknesses at H...

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

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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...

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 a...