Hingham Savings Ranked #1 Thrift in the East, #2 in the Nation by SNL Financial
Business Wire - Tue May 06, 9:23AM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced they are the top ranked thrift institution in the East and second in the nation in the SNL Financial's 2013 annual performance ranking of the 100 largest public thrifts in the country. The ranking is based on six financial performance metrics for the calendar year 2013, including core return on average assets (ROAA), core return on average tangible common equity (ROATCE), median three-year growth rate in tangible book value per share, efficiency ratio, nonperforming loans to loans ratio, and net charge-offs. In its analysis, SNL also noted Hingham Savings for its consistent earnings growth in 2013.
Hingham Institution for Savings: 13% Increase in Net Operating Earnings, Excluding $5.7 Million of Net Income from One-Time Event
Business Wire - Fri Apr 11, 12:58PM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ - HIFS), Hingham, Massachusetts announced first quarter earnings for 2014. Net income for the quarter ended March 31, 2014 was $9,375,000 or $4.40 per share (basic and diluted) as compared to $3,205,000 or $1.51 per share (basic and diluted) for the same period last year. Earnings for 2014 included a one-time net gain of approximately $5.7 million related to non-taxable life insurance death benefit income of $6,302,000 less an accrual of $949,000 for a contractual death benefit liability, and $388,000 in related income tax benefit.
Hingham Institution for Savings: Dividend Announced
Business Wire - Thu Mar 27, 7:29AM CDT
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq - HIFS) announced that its Board of Directors declared a regular quarterly cash dividend of $0.27 per share. The dividend will be paid on April 21, 2014 to stockholders of record as of April 10, 2014.
Hingham Institution for Savings recognized a one-time gain
Business Wire - Tue Mar 11, 1:03PM CDT
On 5 March 2014, Hingham Institution for Savings ("the Bank"
Hingham Institution for Savings Reports Record Annual Earnings
Business Wire - Fri Jan 17, 3:19PM CST
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq:HIFS), Hingham, Massachusetts announced its earnings for 2013. Net income for the year ended December 31, 2013 was $13,371,000 or $6.28 per share (basic and diluted) as compared to $13,290,000 or $6.25 per share (basic and diluted) for 2012. Net income for the fourth quarter 2013 was $3,488,000 or $1.64 per share (basic and diluted) as compared to $3,354,000 or $1.58 per share (basic and diluted) for the fourth quarter 2012. The Bank's return on average equity for the year ended December 31, 2013 was 13.52%, and the return on average assets was 1.07%.
Hingham Institution for Savings' board approves dividend of USD0.27 per share for quarter and higher special dividend of USD0.28 per share
M2 - Thu Nov 28, 9:54AM CST
Hingham Institution For Savings (Nasdaq:HIFS), a chartered savings bank, reported on Wednesday that its board of directors authorised a regular cash dividend of USD0.27 per share for the quarter.
Hingham Institution for Savings: Quarterly Dividend and Increased Special Dividend Declared
Business Wire - Wed Nov 27, 8:53AM CST
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq - HIFS), Hingham, Massachusetts announced that its Board of Directors declared its regular quarterly cash dividend of $0.27 per share. The dividend will be paid on January 21, 2014 to stockholders of record as of January 10, 2014.
Hingham Institution for Savings Reports Growth in Quarterly Earnings
Business Wire - Thu Jul 18, 9:17AM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ - HIFS), Hingham, Massachusetts announced second quarter earnings for 2013. Net income for the quarter ended June 30, 2013 was $3,275,000 or $1.54 per share (basic and diluted) as compared to $3,205,000 or $1.51 per share (basic and diluted) in earnings for the first quarter of 2013. This also compares to $3,368,000 or $1.58 per share (basic and diluted) for second quarter 2012. The Bank's annualized return on average equity for the second quarter of 2013 was 13.39%, and the annualized return on average assets was 1.07%. Net income for the six months ended June 30, 2013 was $6,480,000 or $3.05 per share basic and $3.04 per share diluted as compared to $6,609,000 or $3.11 per share (basic and diluted) for the same period last year. The Bank's annualized return on average equity for the first six months of 2013 was 13.42% and the annualized return on average assets was 1.07%.
Hingham Institution for Savings Reports Strong Quarterly Earnings
Business Wire - Tue Apr 16, 3:50PM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ - HIFS), Hingham, Massachusetts announced first quarter earnings for 2013. Net income for the quarter ended March 31, 2013 was $3,205,000 or $1.51 per share (basic and diluted) as compared to $3,241,000 or $1.52 per share (basic and diluted) 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%.
Hingham Institution for Savings' board approves USD0.26 per share dividend for quarter
M2 - Fri Mar 29, 7:34AM CDT
The board of directors of Hingham Institution for Savings (Nasdaq:HIFS), a Massachusetts-chartered savings bank, has authorised a regular quarterly cash dividend of USD0.26 per share, the company declared on Thursday.
Hingham Institution for Savings Reports 10% Increase in Annual Earnings
Business Wire - Tue Jan 22, 9:50AM CST
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq - HIFS), Hingham, Massachusetts announced its earnings for 2012. Net income for the year ended December 31, 2012 was $13,290,000 or $6.25 per share (basic and diluted) as compared to $12,062,000 or $5.68 per share basic and $5.67 diluted for 2011. Net income for the fourth quarter 2012 was $3,354,000 or $1.58 per share (basic and diluted) as compared to $3,107,000 or $1.46 per share (basic and diluted) for the fourth quarter 2011. The Bank's return on average equity for the year ending December 31, 2012 was 15.05%, and the return on average assets was 1.15%.