Hingham Institution for Savings (HIFS) Announces Earnings Results

Hingham Institution for Savings (NASDAQ:HIFS) posted its earnings results on Friday. The savings and loans company reported $4.05 earnings per share (EPS) for the quarter, Bloomberg Earnings reports.

NASDAQ:HIFS opened at $213.05 on Friday. Hingham Institution for Savings has a 1 year low of $191.45 and a 1 year high of $242.00. The firm has a market capitalization of $462.92 million, a P/E ratio of 15.87 and a beta of 0.76.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 17th. Investors of record on Tuesday, October 9th will be paid a $0.36 dividend. The ex-dividend date is Friday, October 5th. This is a positive change from Hingham Institution for Savings’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a yield of 0.68%.

Separately, BidaskClub lowered shares of Hingham Institution for Savings from a “hold” rating to a “sell” rating in a research note on Wednesday, August 8th.

About Hingham Institution for Savings

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.

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

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