Page 16 - Hingham Institution News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SVB Financial makes the list

Hingham Savings: Q1 Earnings Snapshot April 14, 2021 FacebookTwitterEmail HINGHAM, Mass. (AP) _ Hingham Institution for Savings (HIFS) on Wednesday reported first-quarter net income of $16.4 million. The Hingham, Massachusetts-based bank said it had earnings of $7.45 per share. Earnings, adjusted for non-recurring gains, came to $6.25 per share. The community bank posted revenue of $30.7 million in the period. Its revenue net of interest expense was $28.1 million, exceeding Street forecasts. Hingham Savings shares have climbed 35% since the beginning of the year. In the final minutes of tradi...

Hingham Savings: 4Q Earnings Snapshot January 19, 2021 GMT HINGHAM, Mass. (AP) _ Hingham Institution for Savings (HIFS) on Tuesday reported fourth-quarter profit of $17 million. The bank, based in Hingham, Massachusetts, said it had earnings of $7.78 per share. Earnings, adjusted for non-recurring gains, were $5.84 per share. The community bank posted revenue of $32.1 million in the period. Its revenue net of interest expense was $29 million, surpassing Street forecasts. For the year, the company reported profit of $50.8 million, or $23.25 per share. Revenue was reported as $94.4 million. Hin...

3 Stocks to Own as Regional Banks Rebound HIBS – Regional bank stocks Hingham Institution for Savings (HIFS), Webster Financial (WBS), and German American Bancorp (GABC) don’t get much attention, but they should. Here’s why. Jan 7, 2021 In just the first few days of trading in 2021, regional bank stocks are soaring.  The SPDR S&P Regional Banking ETF (KRE) is up more than 12%, while the  S&P 500 is trading just 1.29% higher.   The banking industry saw more than its fair share of challenges in 2020, ranging from the closur...