Hingham Institution for Savings Second Quarter 2024 Earnings: EPS: US$1.88 (vs US$3.84 in 2Q 2023)

Hingham Institution for Savings (NASDAQ:HIFS) Second Quarter 2024 Results

Key Financial Results

• 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.
• EPS: US$1.88 (down from US$3.84 in 2Q 2023).

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

Hingham Institution for Savings shares are up 9.5% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Hingham Institution for Savings (1 shouldn't be ignored!) that you should be aware of before investing here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com