Added to YB: 2025-01-21
Pitch date: 2025-01-20
HIFS [bullish]
Hingham Institution for Savings
+19.49%
current return
Author Info
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Company Info
Hingham Institution for Savings provides various financial services to individuals and small businesses in the United States.
Market Cap
$680.3M
Pitch Price
$246.00
Price Target
N/A
Dividend
0.81%
EV/EBITDA
N/A
P/E
10.30
EV/Sales
N/A
Sector
Banks
Category
value
HIFS REVISITED (Post Q4 earnings)
HIFS: Q4 NIM 1.24% (+17bps), Dec NIM 1.36%. Loans $3.87B, yield 4.58%. Deposits $2.09B, yield 3.80%. Q4 core EPS $2.18. Projecting Q1'25 NIM 1.44%, core EPS $2.95 (+35% QoQ). Path to 2% NIM in 3-4 quarters. BV $198/share. Long-term potential for $25 annual EPS at 3% NIM.
Read full article (4 min)