hingham institution for svgs
(HIFS:NASDAQ GM)
hingham institution for svgs (HIFS) Snapshot
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Open
$64.70
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Previous Close
$64.09
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Day High
$65.50
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Day Low
$64.28
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52 Week High
10/12/12 - $82.00
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52 Week Low
05/31/12 - $56.38
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Market Cap
137.1M
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Average Volume 10 Days
2.4K
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EPS TTM
$6.23
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Shares Outstanding
2.1M
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EX-Date
04/8/13
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P/E TM
10.4x
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Dividend
$1.04
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Dividend Yield
2.03%
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Related News
hingham institution for svgs (HIFS) Related Businessweek News
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Hingham Institution for Savings, a community bank, provides various financial services to individuals and small businesses in Massachusetts. The company’s primary deposit products include savings, checking, term certificate, and individual retirement accounts, as well as certificates of deposit and money market accounts. Its loan portfolio comprises residential real estate, commercial real estate, construction, home equity, commercial, automobile, personal, passbook, and consumer loans, as well as offers overdraft protection. The company also provides automated teller machines, debit cards, telephone banking, and Internet-based banking for consumers and commercial account holders. It also operates branch offices in South Hingham and the neighboring towns of Cohasset, Hull, Scituate, Weymouth, and Norwell, as well as in Boston. Hingham Institution for Savings was founded in 1834 and is headquartered in Hingham, Massachusetts.
hingham institution for svgs (HIFS) Top Compensated Officers
hingham institution for svgs (HIFS) Key Developments
Hingham Institution for Savings announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. The company's net income for the quarter ended March 31, 2013 was $3,205,000 or $1.51 per basic and diluted share as compared to $3,241,000 or $1.52 per basic and diluted share for the same period last year. The Bank's return on average equity for the first quarter of 2013 was 13.42%, and the return on average assets was 1.07%. Strong growth trends of recent years continued, as deposits increased by $69.1 million representing a 9% increase from March 31, 2012. Net interest income was $9,350,000 against $9,361,000 a year ago. Income before income taxes was $5,429,000 against $5,466,000 a year ago. Book value per share was $44.88 against $39.94 a year ago.
Hingham Institution for Savings announced that it anticipates opening its newest branch on the Island of Nantucket this summer.
Hingham Institution for Savings announced that its Board of Directors declared a regular quarterly cash dividend of $0.26 per share. The dividend will be paid on April 22, 2013 to stockholders of record as of April 10, 2013.
| Recently Viewed | |||
| HIFS:US | $64.55 USD | +0.46 | |
| Company | Last | Change | |
| No competitor information is available for HIFS. | |||
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Industry Analysis
HIFS
Industry Average
| Valuation | HIFS | Industry Range |
| Price/Earnings | 10.3x |
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| Price/Sales | 3.5x |
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| Price/Book | 1.4x |
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| Price/Cash Flow | 10.3x |
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| TEV/Sales | NM | Not Meaningful |
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To contact HINGHAM INSTITUTION FOR SVGS, please visit www.hinghamsavings.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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