Streetbeat News

HIFS

Hingham Institution for Savings

https://www.hinghamsavings.com

Industry

Banks - Regional

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.

Open

284.40

Mkt cap

632M

Volume

4.9K

High

290.05

P/E Ratio

30.82

52-wk high

298.00

Low

284.40

Div yield

0.01

52-wk low

150.11

Hingham Institution (NASDAQ:HIFS) reported a 9.09% increase in quarterly earnings per share to $1.44, despite a 4.28% decrease in sales to $11.26 million compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 11, 2024 | 8:02 pm

Banking stocks are experiencing a rise in share prices due to positive market sentiment following comments from Fed Chair Powell regarding the economy and potential future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:51 pm

Hingham Institution for Savings (HIFS) reported a significant decrease in its Q1 adjusted earnings per share (EPS), dropping 61.3% to $1.01 from $2.61 year-over-year.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 8:02 pm

Bank stocks including ABCB, ASB, AUB, BAC, and others traded lower after January's CPI data indicated a higher-than-expected inflation rise, casting doubt on future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 7:16 pm

Banking sector stocks are trading lower following the Federal Reserve's decision to leave interest rates unchanged, contributing to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 8:56 pm

Hingham Institution For Savings reported a year-over-year decrease in Q4 financial results, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

January 22, 2024 | 3:59 pm

Investors are looking at several stocks as U.S. futures trade higher. United Airlines (UAL) is expected to report earnings of $1.70 per share on $13.54 billion revenue. Nxu, Inc. (NXU) filed for a Class A common shares offering, causing a slight drop in after-hours trading. Brown & Brown (BRO) is anticipated to report earnings of 53 cents per share on $985.48 million revenue. Hingham Institution for Savings (HIFS) reported a decrease in core net income for Q4. Zions Bancorporation (ZION) is expected to post earnings of 99 cents per share on $756.61 million revenue.

Portfolio Pulse from Avi Kapoor

January 22, 2024 | 8:55 am

Hingham Institution for Savings (NASDAQ:HIFS) reported a significant decline in Q4 earnings and sales year-over-year. Earnings per share dropped by 80.77% from $4.42 to $0.85, and sales decreased by 55.26% from $20.95M to $9.38M.

Portfolio Pulse from Benzinga Newsdesk

January 19, 2024 | 9:03 pm

Financial stocks are experiencing an uptick following the Federal Reserve's decision to maintain current interest rates, leading to positive market sentiment.

Portfolio Pulse from Benzinga Newsdesk

December 14, 2023 | 6:25 pm

Financial stocks are trading higher after the Federal Reserve left interest rates unchanged, with expectations of rate cuts in the years 2024-2026. This has led to overall market strength and optimism among investors in the financial sector.

Portfolio Pulse from Benzinga Newsdesk

December 13, 2023 | 8:13 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.