Added to YB: 2024-05-22
Pitch date: 2024-05-21
HIFS [neutral]
Hingham Institution for Savings
+57.69%
current return
Author Info
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Company Info
Hingham Institution for Savings provides various financial services to individuals and small businesses in the United States.
Market Cap
$606.2M
Pitch Price
$173.02
Price Target
400.00 (+47%)
Dividend
0.91%
EV/EBITDA
N/A
P/E
13.53
EV/Sales
N/A
Sector
Banks
Category
value
Hingham Institution for Savings - $HIFS
HIFS: Regional bank in Boston, DC & SF focused on CRE/resi RE lending. Robust credit with near-zero losses, but short-term funding mismatch crushed NIM to 1.1%. Board-approved loans, no insider lending. At 0.6x TBV, near historical lows. Awaiting yield curve reversion, but macro risks remain.
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