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Added to YB: 2025-01-21

Pitch date: 2025-01-20

HIFS [bullish]

Hingham Institution for Savings

+1.48%

current return

Author Info

No bio for this author

Company Info

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States.

Market Cap

$527.2M

Pitch Price

$250.00

Price Target

N/A

Dividend

1.04%

Sector

Banks

Category

value

Show full summary:
HIFS REVISITED (Post Q4 earnings)

HIFS: Q4 NIM 1.24% (+17bps), Dec NIM 1.36%. Loans $3.87B, yield 4.58%. Deposits $2.09B, yield 3.80%. Q4 core EPS $2.18. Projecting Q1'25 NIM 1.44%, core EPS $2.95 (+35% QoQ). Path to 2% NIM in 3-4 quarters. BV $198/share. Long-term potential for $25 annual EPS at 3% NIM.

Read full article (4 min)