NASDAQ : HIFS
Hingham Institution for Savings — Financial statements
Financials · Banks - Regional · United States
Last price 302.0699 USD (Oct 30, 2026, 12:06 PM EDT) · Market cap 664.63M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 192.65M | 187.35M | 177.61M | 156.68M | 132.09M | 109.45M |
| Interest Income on Investments | 19.62M | 19.48M | 18.29M | 17.58M | 6.94M | 1.04M |
| Total Interest Income | 212.27M | 206.83M | 195.90M | 174.26M | 139.03M | 110.49M |
| Interest Paid on Deposits | 63.51M | 70.58M | 85.18M | 71.43M | 16.88M | 6.87M |
| Interest Paid on Borrowings | 57.01M | 61.85M | 66.35M | 54.53M | 16.01M | 1.16M |
| Total Interest Expense | 120.53M | 132.43M | 151.52M | 125.96M | 32.89M | 8.03M |
| Net Interest Income | 91.74M | 74.41M | 44.37M | 48.30M | 106.13M | 102.47M |
| Gain (Loss) on Sale of Assets | 44.00K | 2.34M | ||||
| Gain (Loss) on Sale of Investments | 23.75M | 28.78M | 20.38M | 15.15M | -21.78M | 11.82M |
| Other Non-Interest Income | 657.00K | 586.00K | 554.00K | 562.00K | 456.00K | 405.00K |
| Total Non-Interest Income | 25.08M | 29.95M | 21.48M | 16.30M | -20.72M | 15.31M |
| Revenues Before Loan Losses | 116.82M | 104.35M | 65.85M | 64.61M | 85.42M | 117.77M |
| Provision for Loan Losses | 2.25M | 1.57M | 328.00K | 1.12M | 4.51M | 3.03M |
| Revenue | 114.57M | 102.78M | 65.53M | 63.49M | 80.91M | 114.75M |
| Salaries and Employee Benefits | 18.16M | 17.60M | 16.74M | 16.37M | 15.81M | 13.95M |
| Occupancy Expenses | 1.54M | 1.47M | 1.41M | 1.38M | 1.13M | 1.19M |
| Federal Deposit Insurance | 2.34M | 2.84M | 3.10M | 2.70M | 1.86M | 933.00K |
| Selling, General & Administrative | 9.77M | 8.02M | 7.69M | 7.80M | 7.76M | 6.05M |
| Total Non-Interest Expense | 32.59M | 30.00M | 29.01M | 28.26M | 26.59M | 22.08M |
| EBT Excluding Unusual Items | 81.97M | 72.78M | 36.52M | 35.23M | 54.31M | 92.67M |
| Pretax Income | 81.97M | 72.78M | 36.52M | 35.23M | 54.31M | 92.67M |
| Income Tax Expense | 20.29M | 18.23M | 8.32M | 8.86M | 16.80M | 25.21M |
| Net Income | 61.69M | 54.55M | 28.19M | 26.37M | 37.52M | 67.46M |
| Net Income to Common | 61.69M | 54.55M | 28.19M | 26.37M | 37.52M | 67.46M |
| Basic Shares Outstanding | 2.19M | 2.18M | 2.18M | 2.15M | 2.15M | 2.14M |
| Diluted Shares Outstanding | 2.21M | 2.20M | 2.19M | 2.19M | 2.20M | 2.20M |
| EPS (Basic) | 28.16 | 25.01 | 12.95 | 12.26 | 17.49 | 31.51 |
| EPS (Diluted) | 27.89 | 24.76 | 12.85 | 12.02 | 17.04 | 30.65 |
| Dividend Per Share | 2.52 | 2.52 | 2.52 | 2.52 | 2.40 | 2.08 |
| Effective Tax Rate | 24.75% | 25.05% | 22.80% | 25.15% | 30.92% | 27.21% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.81M | 6.68M | 4.18M | 5.65M | 7.94M | 5.43M |
| Investment Securities | 174.34M | 165.98M | 130.19M | 88.99M | 68.27M | 93.22M |
| Trading Asset Securities | 33.00K | |||||
| Total Investments | 174.34M | 165.98M | 130.22M | 88.99M | 68.27M | 93.22M |
| Gross Loans | 3.95B | 3.93B | 3.90B | 3.94B | 3.68B | 3.02B |
| Allowance for Loan Losses | -30.25M | -28.55M | -26.98M | -26.65M | -24.99M | -20.43M |
| Net Loans | 3.92B | 3.90B | 3.87B | 3.91B | 3.66B | 3.00B |
| Property, Plant & Equipment | 15.55M | 16.64M | 17.60M | 17.39M | 18.47M | 16.66M |
| Accrued Interest Receivable | 9.57M | 9.21M | 8.77M | 8.55M | 7.12M | 5.47M |
| Restricted Cash | 361.46M | 362.93M | 347.65M | 356.82M | 354.10M | 265.73M |
| Long-Term Deferred Tax Assets | 974.00K | 4.06M | ||||
| Other Real Estate Owned & Foreclosed | 4.06M | |||||
| Other Long-Term Assets | 33.67M | 20.22M | 14.66M | 21.75M | 23.46M | 15.65M |
| Total Assets | 4.58B | 4.54B | 4.46B | 4.48B | 4.19B | 3.43B |
| Interest Bearing Deposits | 2.08B | 1.69B | 1.70B | 1.65B | 1.72B | 1.75B |
| Institutional Deposits | 394.42M | 393.97M | 357.27M | 402.51M | 256.10M | |
| Non-Interest Bearing Deposits | 520.16M | 467.66M | 397.47M | 339.06M | 387.24M | 389.15M |
| Total Deposits | 2.60B | 2.55B | 2.49B | 2.35B | 2.51B | 2.39B |
| Short-Term Borrowings | 235.00M | |||||
| Current Portion of Long-Term Debt | 431.56M | 687.00M | 907.67M | 1.28B | 630.00M | |
| Current Portion of Leases | 276.00K | |||||
| Accrued Interest Payable | 10.95M | 11.83M | 8.24M | 12.26M | 4.53M | 198.00K |
| Federal Home Loan Bank Debt, Long-Term | 1.42B | 797.25M | 810.00M | 785.00M | 35.00M | |
| Long-Term Leases | 741.00K | 941.00K | 411.00K | 647.00K | 870.00K | |
| Long-Term Deferred Tax Liabilities | 9.02M | 9.49M | 3.79M | 536.00K | ||
| Other Long-Term Liabilities | 27.29M | 28.75M | 23.67M | 21.00M | 21.37M | 17.08M |
| Total Liabilities | 4.06B | 4.06B | 4.03B | 4.08B | 3.81B | 3.08B |
| Common Stock | 2.20M | 2.18M | 2.18M | 2.16M | 2.15M | 2.14M |
| Additional Paid-In Capital | 18.43M | 16.00M | 15.57M | 14.15M | 13.06M | 12.73M |
| Retained Earnings | 498.34M | 461.53M | 414.00M | 391.31M | 370.76M | 339.74M |
| Comprehensive Income & Other | 141.00K | -8.00K | ||||
| Shareholders' Equity | 519.12M | 479.71M | 431.75M | 407.62M | 385.97M | 354.61M |
| Total Liabilities & Equity | 4.58B | 4.54B | 4.46B | 4.48B | 4.19B | 3.43B |
| Total Debt | 1.42B | 1.46B | 1.50B | 1.69B | 1.28B | 665.87M |
| Net Cash (Debt) | -1.41B | -1.46B | -1.49B | -1.69B | -1.27B | -660.44M |
| Net Cash Per Share | -637.89 | -661.77 | -680.95 | -769.46 | -576.16 | -300.06 |
| Filing Date Shares Outstanding | 2.20M | 2.18M | 2.18M | 2.17M | 2.15M | 2.14M |
| Total Common Shares Outstanding | 2.20M | 2.18M | 2.18M | 2.16M | 2.15M | 2.14M |
| Book Value Per Share | 235.93 | 220.02 | 198.03 | 188.50 | 179.74 | 165.52 |
| Tangible Book Value | 519.12M | 479.71M | 431.75M | 407.62M | 385.97M | 354.61M |
| Tangible Book Value Per Share | 235.93 | 220.02 | 198.03 | 188.50 | 179.74 | 165.52 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 54.55M | 28.19M | 26.37M | 37.52M | 67.46M | |
| Depreciation & Amortization | 752.00K | 750.00K | 685.00K | 494.00K | 543.00K | |
| Other Amortization | 152.00K | 34.00K | 328.00K | 310.00K | 673.00K | |
| Gain (Loss) on Sale of Assets | -129.00K | -2.34M | ||||
| Gain (Loss) on Sale of Investments | -28.78M | -20.38M | -15.15M | 21.78M | -11.82M | |
| Total Asset Writedown | 68.00K | |||||
| Provision for Credit Losses | 1.57M | 328.00K | 1.12M | 4.51M | 3.03M | |
| Accrued Interest Receivable | -2.90M | 1.68M | -3.28M | -9.18M | -153.00K | |
| Other Operating Activities | 5.32M | 4.42M | 2.91M | -4.93M | 976.00K | |
| Operating Cash Flow | 35.79M | 11.89M | 19.75M | 55.85M | 59.01M | |
| Capital Expenditures | -266.00K | -139.00K | -1.30M | -2.53M | -1.60M | |
| Sale of Property, Plant and Equipment | 1.51M | 2.82M | ||||
| Investment in Securities | -9.22M | -16.16M | -1.46M | 3.45M | -14.29M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -27.07M | 40.22M | -258.74M | -663.50M | -507.47M | |
| Other Investing Activities | -965.00K | 8.55M | -16.59M | -22.70M | -6.80M | |
| Investing Cash Flow | -37.53M | 32.48M | -276.58M | -685.28M | -527.34M | |
| Short-Term Debt Issued | 1.02B | 85.00M | ||||
| Long-Term Debt Issued | 685.82M | 1.37B | 2.89B | 440.00M | ||
| Total Debt Issued | 685.82M | 1.37B | 2.89B | 1.02B | 525.00M | |
| Short-Term Debt Repaid | -55.00M | -163.00M | -968.00M | |||
| Long-Term Debt Repaid | -664.00M | -1.40B | -1.51B | -405.00M | -268.03M | |
| Total Debt Repaid | -719.00M | -1.56B | -2.48B | -405.00M | -268.03M | |
| Net Debt Issued (Repaid) | -33.19M | -195.68M | 416.68M | 611.00M | 256.97M | |
| Issuance of Common Stock | 244.00K | 1.27M | 1.06M | 316.00K | 233.00K | |
| Common Dividends Paid | -5.50M | -5.48M | -5.36M | -4.84M | -4.14M | |
| Net Increase (Decrease) in Deposit Accounts | 56.22M | 142.12M | -155.31M | 112.42M | 253.67M | |
| Other Financing Activities | 1.73M | 2.76M | 1.62M | 3.14M | 413.00K | |
| Financing Cash Flow | 19.51M | -55.02M | 257.27M | 720.30M | 505.50M | |
| Net Cash Flow | 17.78M | -10.65M | 444.00K | 90.87M | 37.17M | |
| Free Cash Flow | 35.53M | 11.75M | 18.45M | 53.33M | 57.41M | |
| Free Cash Flow Margin | 34.56% | 17.94% | 29.07% | 65.91% | 50.03% | |
| Free Cash Flow Per Share | 16.13 | 5.36 | 8.41 | 24.22 | 26.08 | |
| Cash Interest Paid | 128.84M | 155.54M | 118.23M | 28.57M | 118.23M | |
| Cash Income Tax Paid | 12.66M | 625.00K | 8.61M | 21.21M | 8.61M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 680.89M | 619.64M | 554.09M | 419.40M | 592.04M | 899.55M |
| Last Close Price | 301.12 | 281.33 | 249.35 | 189.09 | 264.83 | 398.57 |
| PE Ratio | 11.10 | 11.36 | 19.66 | 15.90 | 15.78 | 13.34 |
| PS Ratio | 5.78 | 6.03 | 8.46 | 6.61 | 7.32 | 7.84 |
| PB Ratio | 1.28 | 1.29 | 1.28 | 1.03 | 1.53 | 2.54 |
| P/FCF Ratio | 18.74 | 17.44 | 47.14 | 22.73 | 11.10 | 15.67 |
| P/OCF Ratio | 18.59 | 17.31 | 46.59 | 21.23 | 10.60 | 15.24 |
| Debt / Equity Ratio | 2.73 | 3.05 | 3.47 | 4.15 | 3.31 | 1.88 |
| Debt / FCF Ratio | 41.23 | 127.46 | 91.74 | 23.94 | 11.60 | |
| Net Debt / Equity Ratio | 2.72 | 3.04 | 3.46 | 4.14 | 3.29 | 1.86 |
| Net Debt / FCF Ratio | 41.04 | 127.11 | 91.44 | 23.79 | 11.50 | |
| Return on Equity (ROE) | 12.58% | 11.97% | 6.72% | 6.65% | 10.13% | 20.84% |
| Return on Assets (ROA) | 1.35% | 1.21% | 0.63% | 0.61% | 0.98% | 2.15% |
| Earnings Yield | 9.01% | 8.80% | 5.09% | 6.29% | 6.34% | 7.50% |
| FCF Yield | 5.34% | 5.73% | 2.12% | 4.40% | 9.01% | 6.38% |
| Dividend Yield | 0.81% | 0.89% | 0.99% | 1.30% | 0.87% | 0.50% |
| Payout Ratio | 11.55% | 10.08% | 19.45% | 20.34% | 12.89% | 6.14% |
| Buyback Yield / Dilution | -0.44% | -0.41% | -0.05% | 0.41% | -0.04% | -0.83% |
| Total Shareholder Return | 0.39% | 0.48% | 0.95% | 1.71% | 0.83% | -0.33% |