Hingham Institution for Savings Full Year 2024 Earnings: EPS: US$12.95 (vs US$12.26 in FY 2023)

Hingham Institution for Savings (NASDAQ:HIFS) Full Year 2024 Results

Key Financial Results

• Revenue: US$65.5m (up 3.2% from FY 2023).
• Net income: US$28.2m (up 6.9% from FY 2023).
• Profit margin: 43% (up from 42% in FY 2023).
• EPS: US$12.95 (up from US$12.26 in FY 2023).

HIFS Banking Performance Indicators

• Net interest margin (NIM): 1.04% (down from 1.17% in FY 2023).
• Cost-to-income ratio: 63.8% (up from 57.2% in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

In the last 12 months, the only revenue segment was Financial Services contributing US$65.5m. The largest operating expense was General & Administrative costs, amounting to US$25.3m (68% of total expenses). Explore how HIFS's revenue and expenses shape its earnings.

Hingham Institution for Savings shares are up 4.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Hingham Institution for Savings you should be aware of.

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