Hingham Institution for Savings (HIFS)

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.

Symbol: HIFS
Exchange: NASDAQ
Sector: Financial Services
Industry: Banks - Regional
Market cap: $644.02M
52 week range: 248.53 - 338

Valuation

Share price: $287.78 (close of 2026-10-02)
P/E (TTM): 12.82x
Price to book: 1.34x
Price to free cash flow: 17.32x
Enterprise value: $2.05B
Book value per share: $220.90

Price performance

Period	Change
1 day	+1.38%
5 days	-3.81%
1 month	-2.52%
3 months	-9.27%
6 months	+0.76%
Year to date	+1.35%
1 year	+7.68%
3 years	+61.76%
5 years	-16.38%
10 years	+107.78%
All time	+4904.87%

Profitability and growth

Return on equity: 6.47%
Return on invested capital: 6.43%
Return on assets: 0.59%
Return on capital employed: 13.62%
Gross margin: 100.00%
Net margin: 13.84%
EBITDA margin: 0.36%
Revenue growth: 8.92%
Net income growth: 93.51%
Free cash flow growth: 202.25%

Cash flow and balance sheet

Free cash flow yield (TTM): 5.77%
Current ratio: 70.28x
Net debt to EBITDA: 20.74x

Latest reported year

Period end: 2023-12-31
Fiscal year: 2023
Revenue: $190.52M
Gross profit: $190.52M
EBITDA: $685.00K
Net income: $26.37M
Earnings per share: $12.26
Shares outstanding: 2.15M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2023-12-31	$190.52M	$190.52M	$26.37M	$12.26
2022-12-31	$80.91M	$80.91M	$37.52M	$17.49
2021-12-31	$114.75M	$114.75M	$67.46M	$31.51
2020-12-31	$92.11M	$92.11M	$50.77M	$23.76
2019-12-31	$74.16M	$74.16M	$38.93M	$18.24
2018-12-31	$64.05M	$64.05M	$30.40M	$14.25
2017-12-31	$65.21M	$65.21M	$25.76M	$12.08
2016-12-31	$60.12M	$60.12M	$23.42M	$10.99
2015-12-31	$52.43M	$52.43M	$19.35M	$9.09
2014-12-31	$54.18M	$54.18M	$22.26M	$10.46

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2023-12-31	100.00%	13.84%	6.47%	6.43%
2022-12-31	100.00%	46.37%	9.72%	2.05%
2021-12-31	100.00%	58.79%	19.02%	4.09%
2020-12-31	100.00%	55.12%	17.33%	4.58%
2019-12-31	100.00%	52.49%	15.75%	3.18%
2018-12-31	100.00%	47.46%	14.30%	3.55%
2017-12-31	100.00%	39.50%	13.84%	2.05%
2016-12-31	100.00%	38.96%	14.55%	3.01%
2015-12-31	100.00%	36.90%	14.02%	3.57%
2014-12-31	100.00%	41.09%	18.32%	4.92%

Cash and debt by year

Period end	Cash	Debt
2023-12-31	-$5.65M	$785.00M
2022-12-31	$362.03M	$1.28B
2021-12-31	$271.16M	$665.00M
2020-12-31	$233.99M	$408.03M
2019-12-31	$252.16M	$505.89M
2018-12-31	$295.99M	$607.35M
2017-12-31	$389.53M	$579.98M
2016-12-31	$350.10M	$476.19M
2015-12-31	$307.82M	$403.39M
2014-12-31	$260.72M	$330.57M

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2023-12-31	$18.45M	$40.00K
2022-12-31	$53.33M	$22.00K
2021-12-31	$57.41M	$39.00K
2020-12-31	$44.06M	$76.00K
2019-12-31	$32.52M	$160.00K
2018-12-31	$34.74M	$113.00K
2017-12-31	$27.18M	$175.00K
2016-12-31	$25.04M	$156.00K
2015-12-31	$19.57M	$110.00K
2014-12-31	$18.02M	$283.00K

Dividend history

Most recent payment: 2023-07-28

Payment date	Dividend per share
2023-07-28	$0.63
2023-04-28	$0.63
2022-12-29	$1.38
2022-10-31	$0.61
2022-07-29	$0.59
2022-04-29	$0.57
2021-12-31	$1.30
2021-10-29	$0.53

Investor relations

Next earnings report

Next confirmed report: 2026-10-09

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-17	Jun/2026	-
2026-04-17	Mar/2026	-
2026-01-16	Dec/2025	-
2025-10-10	Sep/2025	-
2025-07-11	Jun/2025	-
2025-04-11	Mar/2025	-
2025-01-17	Dec/2024	-
2024-10-11	Sep/2024	-

Filings and sources

Company website: hinghamsavings.com
Earnings calendar: All upcoming reports

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