Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
14 December 1988Website:
http://www.hinghamsavings.comNext earnings report:
12 July 2024Last dividends:
03 May 2024Next dividends:
N/APrice
regular market | Wed, 03 Jul 2024 13:30:00 GMTAnalysts recommendations
Institutional Ownership
HIFS Latest News
Hingham Institution for Savings is one of my preferred financial institutions due to its excellent asset quality and commitment to risk management. The bank has consistently surpassed industry leaders like Bank of America in returns, NIM, and NPAs. Although profitability has decreased in recent years, this is likely a result of challenging economic conditions rather than flaws within HIFS.
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.
What type of business is Hingham Institution for Savings?
Hingham Institution for Savings provides various financial products and services to individuals and businesses in the United States. It offers savings, checking, money market, demand deposit, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company also provides commercial and residential real estate, construction, home equity, commercial, and consumer loans. In addition, it offers ATMs, debit cards, and Internet-based banking services. The company offers its services through a network of six offices in Boston and eastern Massachusetts; and commercial lenders and relationship managers in Washington. Hingham Institution for Savings was incorporated in 1834 and is headquartered in Hingham, Massachusetts.
What sector is Hingham Institution for Savings in?
Hingham Institution for Savings is in the Financial Services sector
What industry is Hingham Institution for Savings in?
Hingham Institution for Savings is in the Banks - Regional industry
What country is Hingham Institution for Savings from?
Hingham Institution for Savings is headquartered in United States
When did Hingham Institution for Savings go public?
Hingham Institution for Savings initial public offering (IPO) was on 14 December 1988
What is Hingham Institution for Savings website?
https://www.hinghamsavings.com
Is Hingham Institution for Savings in the S&P 500?
No, Hingham Institution for Savings is not included in the S&P 500 index
Is Hingham Institution for Savings in the NASDAQ 100?
No, Hingham Institution for Savings is not included in the NASDAQ 100 index
Is Hingham Institution for Savings in the Dow Jones?
No, Hingham Institution for Savings is not included in the Dow Jones index
When does Hingham Institution for Savings report earnings?
The next expected earnings date for Hingham Institution for Savings is 12 July 2024