Recent Insider Transactions • Jul 02
Independent Director recently sold €186k worth of stock On the 29th of June, Scott Moser sold around 700 shares on-market at roughly €265 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €216k. Insiders have been net sellers, collectively disposing of €1.1m more than they bought in the last 12 months. Recent Insider Transactions • May 21
Independent Director recently sold €216k worth of stock On the 12th of May, Scott Moser sold around 950 shares on-market at roughly €227 per share. This transaction amounted to 9.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €506k more than they bought in the last 12 months. Announcement • Apr 18
Hingham Institution for Savings Declares Regular Cash Dividend, Payable on May 13, 2026 On March 25, 2026, Hingham Institution for Savings declared a regular cash dividend of $0.63 per share. This dividend will be paid on May 13, 2026 to stockholders of record as of May 4, 2026. Announcement • Dec 08
Hingham Institution for Savings (NasdaqGM:HIFS) announces an Equity Buyback for $20 million worth of its shares. Hingham Institution for Savings (NasdaqGM:HIFS) announces a share repurchase program. Under the program, the company will repurchase up to $20 million worth of its shares. The program will be valid till December 6, 2026. Announcement • Oct 11
Hingham Institution for Savings Declares Regular Cash Dividend, Payable on November 12, 2025 On September 24, 2025, Hingham Institution for Savings declared a regular cash dividend of $0.63 per share. This dividend will be paid on November 12, 2025 to stockholders of record as of November 3, 2025. Announcement • Jul 14
Hingham Institution for Savings Declares Regular Cash Dividend, Payable on August 13, 2025 On June 25, 2025, the Hingham Institution for Savings declared a regular cash dividend of $0.63 per share. This dividend will be paid on August 13, 2025 to stockholders of record as of August 4, 2025. This will be the Bank’s 126th consecutive quarterly dividend. Announcement • Apr 12
Hingham Institution for Savings Declares Regular Cash Dividend, Payable on May 14, 2025 On March 26, 2025, Hingham Institution for Savings declared a regular cash dividend of $0.63 per share. This dividend will be paid on May 14, 2025 to stockholders of record as of May 5, 2025. Announcement • Nov 26
Hingham Institution for Savings Declares Regular Quarterly Cash Dividend, Payable on January 15, 2025 Hingham Institution for Savings announced that its Board of Directors has declared a regular quarterly cash dividend of $0.63 per share. The dividend will be paid on January 15, 2025 to stockholders of record as of January 6, 2025. Buy Or Sell Opportunity • Nov 16
Now 22% undervalued Over the last 90 days, the stock has risen 21% to €254. The fair value is estimated to be €326, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Earnings per share has declined by 40%. New Risk • Nov 13
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €184k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 10% per year over the past 5 years. Minor Risk Significant insider selling over the past 3 months (€184k sold). Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €266, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 84% over the past year. Recent Insider Transactions • Oct 25
Independent Director recently sold €85k worth of stock On the 18th of October, Scott Moser sold around 350 shares on-market at roughly €244 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Declared Dividend • Oct 21
Third quarter dividend of US$0.63 announced Shareholders will receive a dividend of US$0.63. Ex-date: 4th November 2024 Payment date: 13th November 2024 Dividend yield will be 1.0%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 74% to shift the payout ratio to a potentially unsustainable range, which is more than the 6.8% EPS decline seen over the last 5 years. Reported Earnings • Oct 13
Third quarter 2024 earnings released: EPS: US$2.68 (vs US$1.53 in 3Q 2023) Third quarter 2024 results: EPS: US$2.68 (up from US$1.53 in 3Q 2023). Revenue: US$15.2m (up 31% from 3Q 2023). Net income: US$5.85m (up 77% from 3Q 2023). Profit margin: 39% (up from 28% in 3Q 2023). The increase in margin was driven by higher revenue. Recent Insider Transactions • Sep 22
Director recently bought €89k worth of stock On the 18th of September, Julio Hernando bought around 400 shares on-market at roughly €223 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €1.7m more in shares than they bought in the last 12 months. New Risk • Aug 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.1% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Declared Dividend • Jul 22
Second quarter dividend of US$0.63 announced Shareholders will receive a dividend of US$0.63. Ex-date: 29th July 2024 Payment date: 7th August 2024 Dividend yield will be 1.2%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 71% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.9% EPS decline seen over the last 5 years. Reported Earnings • Jul 14
Second quarter 2024 earnings released: EPS: US$1.88 (vs US$3.84 in 2Q 2023) Second quarter 2024 results: EPS: US$1.88 (down from US$3.84 in 2Q 2023). Revenue: US$12.9m (down 29% from 2Q 2023). Net income: US$4.10m (down 50% from 2Q 2023). Profit margin: 32% (down from 45% in 2Q 2023). The decrease in margin was driven by lower revenue. Announcement • Jul 13
Hingham Savings Declares Regular Dividend, Payable on August 7, 2024 On June 26, 2024, Hingham Institution for Savings declared a regular cash dividend of $0.63 per share. This dividend will be paid on August 7, 2024 to stockholders of record as of July 29, 2024. This was the Bank’s 122nd consecutive quarterly dividend. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$3.17 (vs US$3.96 in 1Q 2023) First quarter 2024 results: EPS: US$3.17 (down from US$3.96 in 1Q 2023). Revenue: US$15.2m (down 18% from 1Q 2023). Net income: US$6.87m (down 19% from 1Q 2023). Profit margin: 45% (in line with 1Q 2023). Declared Dividend • Apr 17
First quarter dividend of US$0.63 announced Shareholders will receive a dividend of US$0.63. Ex-date: 3rd May 2024 Payment date: 15th May 2024 Dividend yield will be 1.5%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 76% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.0% EPS decline seen over the last 5 years. Reported Earnings • Apr 14
First quarter 2024 earnings released: EPS: US$3.17 (vs US$3.96 in 1Q 2023) First quarter 2024 results: EPS: US$3.17 (down from US$3.96 in 1Q 2023). Revenue: US$15.2m (down 18% from 1Q 2023). Net income: US$6.87m (down 19% from 1Q 2023). Profit margin: 45% (in line with 1Q 2023). Recent Insider Transactions • Mar 14
Independent Director recently bought €95k worth of stock On the 11th of March, Scott Moser bought around 600 shares on-market at roughly €158 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €3.5m more in shares than they bought in the last 12 months. Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: US$12.26 (vs US$17.49 in FY 2022) Full year 2023 results: EPS: US$12.26 (down from US$17.49 in FY 2022). Revenue: US$63.5m (down 22% from FY 2022). Net income: US$26.4m (down 30% from FY 2022). Profit margin: 42% (down from 46% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 1.17% (down from 2.81% in FY 2022). Cost-to-income ratio: 57.2% (up from 24.8% in FY 2022). Non-performing loans: 0.04% (up from 0.03% in FY 2022). Recent Insider Transactions • Mar 01
Clerk & Independent Director recently sold €70k worth of stock On the 26th of February, Jacqueline Youngworth sold around 461 shares on-market at roughly €152 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €83k. Insiders have been net sellers, collectively disposing of €3.6m more than they bought in the last 12 months. Buy Or Sell Opportunity • Feb 07
Now 22% undervalued Over the last 90 days, the stock has risen 5.4% to €157. The fair value is estimated to be €201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 28%. Recent Insider Transactions • Jan 28
Clerk & Independent Director recently sold €83k worth of stock On the 22nd of January, Jacqueline Youngworth sold around 500 shares on-market at roughly €166 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €716k. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months. Reported Earnings • Jan 21
Full year 2023 earnings released: EPS: US$12.26 (vs US$17.49 in FY 2022) Full year 2023 results: EPS: US$12.26 (down from US$17.49 in FY 2022). Revenue: US$63.5m (down 22% from FY 2022). Net income: US$26.4m (down 30% from FY 2022). Profit margin: 42% (down from 46% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 1.17% (down from 2.81% in FY 2022). Cost-to-income ratio: 57.2% (up from 24.8% in FY 2022). Announcement • Jan 21
Hingham Institution for Savings, Annual General Meeting, Apr 25, 2024 Hingham Institution for Savings, Annual General Meeting, Apr 25, 2024. Buying Opportunity • Dec 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.5%. The fair value is estimated to be €217, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 19%. Announcement • Nov 21
Hingham Savings Declares Regular Dividend, Payable on January 10, 2024 Hingham Institution for Savings announced that its Board of Directors has declared a regular quarterly cash dividend of $0.63 per share. The dividend will be paid on January 10, 2024 to stockholders of record as of January 2, 2024. Recent Insider Transactions • Nov 17
Director recently sold €105k worth of stock On the 13th of November, Julio Hernando sold around 700 shares on-market at roughly €149 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €716k. Insiders have been net sellers, collectively disposing of €4.0m more than they bought in the last 12 months. Recent Insider Transactions • Nov 03
Director recently sold €716k worth of stock On the 30th of October, Robert Lane sold around 5k shares on-market at roughly €143 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months. Reported Earnings • Oct 16
Third quarter 2023 earnings released: EPS: US$1.53 (vs US$4.90 in 3Q 2022) Third quarter 2023 results: EPS: US$1.53 (down from US$4.90 in 3Q 2022). Revenue: US$11.5m (down 48% from 3Q 2022). Net income: US$3.30m (down 69% from 3Q 2022). Profit margin: 28% (down from 47% in 3Q 2022). The decrease in margin was driven by lower revenue. Recent Insider Transactions • Sep 07
Independent Director recently sold €183k worth of stock On the 31st of August, Howard Berger sold around 1k shares on-market at roughly €183 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €1.6m. Insiders have been net sellers, collectively disposing of €2.4m more than they bought in the last 12 months. Recent Insider Transactions • Jul 28
Clerk & Independent Director recently sold €1.6m worth of stock On the 24th of July, Jacqueline Youngworth sold around 8k shares on-market at roughly €198 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.2m more than they bought in the last 12 months. Reported Earnings • Jul 16
Second quarter 2023 earnings released: EPS: US$3.84 (vs US$1.49 in 2Q 2022) Second quarter 2023 results: EPS: US$3.84 (up from US$1.49 in 2Q 2022). Revenue: US$18.2m (up 52% from 2Q 2022). Net income: US$8.25m (up 159% from 2Q 2022). Profit margin: 45% (up from 27% in 2Q 2022). The increase in margin was driven by higher revenue. Announcement • Jul 15
Hingham Institution for Savings Declares Regular Cash Dividend, Payable on August 9, 2023 On June 28, 2023, the Board of Directors of Hingham Institution for Savings declared a regular cash dividend of $0.63 per share. The dividend will be paid on August 9, 2023 to stockholders of record as of July 31, 2023. Announcement • Jun 25
Hingham Institution for Savings(NasdaqGM:HIFS) dropped from Russell 2000 Growth-Defensive Index Hingham Institution for Savings(NasdaqGM:HIFS) dropped from Russell 2000 Growth-Defensive Index Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €210, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 9x in the Banks industry in Europe. Buying Opportunity • Jun 06
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €240, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Valuation Update With 7 Day Price Move • May 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €193, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 8x in the Banks industry in Europe. Recent Insider Transactions • May 08
Clerk & Independent Director recently sold €84k worth of stock On the 5th of May, Jacqueline Youngworth sold around 500 shares on-market at roughly €169 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €85k. Insiders have been net sellers, collectively disposing of €973k more than they bought in the last 12 months.