Hingham Savings posts 1Q profit
Automated Insights - Tue Apr 12, 12:11PM CDT
HINGHAM, Mass. (AP) _ Hingham Institution for Savings (HIFS) on Tuesday reported first-quarter earnings of $5.3 million.
HIFS: 124.96 (+0.52)
Hingham Savings Announces 18% Increase in Earnings per Share, 15% Return on Equity
GlobeNewswire - Tue Apr 12, 12:03PM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced first quarter earnings for 2016. Net income for the quarter ended March 31, 2016 was $5,324,000 or $2.50 per share basic and $2.48 per share diluted as compared to $4,515,000 or $2.12 per share basic and $2.11 per share diluted for the same period last year. For the first quarter of 2016, the Bank's return on average equity was 15.03% and the return on average assets was 1.19% as compared to 14.52% and 1.15% for the same period in 2015.
HIFS: 124.96 (+0.52)
Hingham Declares Regular Dividend
GlobeNewswire - Thu Mar 31, 7:09AM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS) ("the Bank"
HIFS: 124.96 (+0.52)
Hingham Savings Announces 17% Increase in Annual Operating Earnings
GlobeNewswire - Tue Jan 19, 8:10AM CST
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), announced net income for the year ended December 31, 2015 was $19,346,000 or $9.09 per share basic and $9.02 per share diluted as compared to $22,264,000 or $10.46 per share basic and $10.44 per share diluted for 2014. Annual earnings for 2014 included a one-time net gain of approximately $5.7 million related to a non-taxable life insurance transaction, the details of which were reported in the Bank's 2014 Annual Report on Form 10-K. Excluding this event, the Bank's operating earnings was $16,523,000 or $7.76 per share basic and $7.75 per share fully diluted for 2014. Net income per share (basic) for 2015 increased 17% over 2014, excluding the impact of the life insurance transaction.
HIFS: 124.96 (+0.52)
Hingham Declares Regular and Special Dividend
GlobeNewswire - Wed Nov 25, 8:28AM CST
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced that its Board of Directors declared its regular quarterly cash dividend of $0.30 per share. The dividend will be paid on January 20, 2016 to stockholders of record as of January 8, 2016.
HIFS: 124.96 (+0.52)
Hingham Savings Announces 9% Growth in Quarterly Earnings
GlobeNewswire - Wed Oct 14, 6:29PM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced third quarter earnings for 2015. Net income for the quarter ended September 30, 2015 was $4,874,000 or $2.29 per share basic and $2.27 per share fully diluted as compared to $4,481,000 or $2.10 per share (basic and fully diluted) for the third quarter of 2014. Net income per share (basic) for the third quarter of 2015 increased 9% over the same period in 2014. The Bank's annualized return on average equity for the third quarter of 2015 was 14.67%, and the annualized return on average assets was 1.18% as compared to 15.12% and 1.20% for the same period in 2014.
HIFS: 124.96 (+0.52)
Hingham Savings Announces 7% Increase in Dividend
GlobeNewswire - Thu Sep 24, 9:03AM CDT
HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced that its Board of Directors declared a regular quarterly cash dividend of $0.30 per share. The dividend will be paid on October 20, 2015 to stockholders of record as of October 9, 2015.
HIFS: 124.96 (+0.52)
Hingham Savings Dividend Announced
GlobeNewswire - Thu Jun 25, 7:09AM CDT
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq:HIFS), Hingham, Massachusetts announced that its Board of Directors declared a regular quarterly cash dividend of $0.28 per share. The dividend will be paid on July 20, 2015 to stockholders of record as of July 10, 2015.
HIFS: 124.96 (+0.52)
Hingham Savings Ranked #1 Thrift in the East, #2 in the Country for the 2nd Consecutive Year
GlobeNewswire - Mon May 11, 11:04AM CDT
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq:HIFS), Hingham, Massachusetts announced that for the second consecutive year, the Bank was ranked as the #1 thrift in the East and the #2 thrift in the nation by SNL Financial in that company's Top 100 Public Thrift rankings. The rankings were based on six financial metrics for the year ended December 31, 2014, including return on average assets, return on average tangible common equity, efficiency ratio, median three-year growth rate in tangible book value per share, nonperforming loans to total loans (NPLs/loans), and net charge-offs to average loans. The Bank narrowly missed a #1 national ranking in 2014.
HIFS: 124.96 (+0.52)
Hingham Savings Reports 24% Increase in Net Operating Earnings, Excluding Last Year's $5.7 Million of Net Income From One-Time Event
GlobeNewswire - Thu Apr 16, 3:05PM CDT
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq:HIFS), Hingham, Massachusetts announced first quarter earnings for 2015. Net income for the quarter ended March 31, 2015 was $4,515,000 or $2.12 per share basic and $2.11 per share diluted as compared to $9,375,000 or $4.40 per share (basic and diluted) for the same period last year. Earnings for the first quarter of 2014 included a 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. Excluding this event, the Bank earned $3,634,000 or $1.71 per share (basic and diluted) for the first quarter of 2014.
HIFS: 124.96 (+0.52)
Hingham Savings Announces Record Annual Earnings and 30% Increase in Quarterly Earnings
GlobeNewswire - Fri Jan 16, 8:25AM CST
HINGHAM INSTITUTION FOR SAVINGS (Nasdaq:HIFS) announced record earnings for 2014. Net income for the year ended December 31, 2014 was $22,264,000 or $10.46 per share basic and $10.44 per share diluted as compared to $13,371,000 or $6.28 per share (basic and diluted) for 2013. Net income for the fourth quarter of 2014 was $4,535,000 or $2.13 per share basic and $2.12 per share diluted; a 30% increase over $3,488,000 or $1.64 per share (basic and diluted) for the fourth quarter of 2013. The Bank's return on average equity for the year ended December 31, 2014 was 19.30%, and the return on average assets was 1.52%.
HIFS: 124.96 (+0.52)