Hingham Institution for Savings Q2 2024 Earnings Report

Hingham Institution for Savings EPS Results

• Actual EPS: $1.00
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Hingham Institution for Savings Revenue Results

• Actual Revenue: $13.10 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Hingham Institution for Savings Announcement Details

• Quarter: Q2 2024
• Date: 7/12/2024
• Time: N/A
• Conference Call Date: Thursday, July 11, 2024
• Conference Call Time: 11:00AM ET

Hingham Institution for Savings (NASDAQ:HIFS) is a mutual savings bank headquartered in Hingham, Massachusetts. Founded in 1834, the bank combines the community-oriented focus of a mutual institution with the transparency and oversight associated with a publicly traded company under the NASDAQ ticker HIFS.

The institution’s core activities include deposit and lending services tailored to individuals and businesses. Deposit offerings encompass checking and savings accounts, money market accounts, certificates of deposit and individual retirement accounts, supported by online and mobile banking platforms. On the lending side, Hingham Savings provides residential mortgage financing, commercial real estate loans, home equity lines of credit and SBA-backed business loans.

With a branch network serving Southeastern Massachusetts, the bank maintains offices in Hingham, Rockland, Pembroke, Hanover and neighboring communities. This regional footprint enables Hingham Institution for Savings to deliver personalized service, adapt products to local market needs and foster longstanding customer relationships.

Leadership is overseen by President and Chief Executive Officer David L. Thacher, who guides the bank’s strategic growth and community engagement efforts. Under his direction, Hingham Savings continues to emphasize prudent risk management, customer-focused innovation and active support of the communities it serves.