Hingham Institution for Savings (HIFS) Issues Earnings Results

Hingham Institution for Savings (NASDAQ:HIFS) released its quarterly earnings data on Thursday. The savings and loans company reported $4.08 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $17.75 million during the quarter.

HIFS stock traded up $3.88 during midday trading on Friday, hitting $207.00. 2,431 shares of the company traded hands, compared to its average volume of 3,731. Hingham Institution for Savings has a twelve month low of $169.12 and a twelve month high of $242.00. The company has a market cap of $431.94, a PE ratio of 17.19 and a beta of 0.80.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Monday, April 9th will be issued a dividend of $0.34 per share. The ex-dividend date of this dividend is Friday, April 6th. This represents a $1.36 annualized dividend and a yield of 0.66%.

Separately, BidaskClub upgraded Hingham Institution for Savings from a “sell” rating to a “hold” rating in a report on Friday, March 30th.

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Hingham Institution for Savings Company Profile

Hingham Institution for Savings (the Bank) is a Massachusetts-chartered savings bank (the Bank). The Bank is principally engaged in the business of residential and commercial real estate mortgage lending, funded by a retail deposit network and borrowings. The Bank provides a range of financial services to individuals and small businesses through its approximately 10 offices in Boston and southeastern Massachusetts.

Earnings History for Hingham Institution for Savings (NASDAQ:HIFS)

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