Hingham Institution for Savings reports developments for a Massachusetts-chartered savings bank focused on commercial and residential real estate mortgage lending and deposit relationships. News commonly covers quarterly and annual earnings, loan origination activity, retail and commercial deposits, wholesale funding, credit metrics, book value, and the bank’s balance-sheet position.
Company updates also address capital allocation through regular and special dividends and potential share repurchases, as well as the bank’s participation in the Massachusetts Depositors Insurance Fund. Hingham’s public commentary may discuss real estate collateral, commercial real estate credit, and interpretations of its securities filings.
Hingham Institution for Savings (NASDAQ: HIFS) reported third-quarter net income of $12.674 million, down from the same period last year. Diluted earnings fell 27.1% to $5.72 from $7.85. Core net income, which excludes after-tax equity securities gains, rose to $11.895 million, with diluted core earnings up 39.1% to $5.37.
Net interest margin reached 2.23%, versus 2.14% in the prior quarter and 1.74% a year earlier. Non-interest-bearing deposits grew 20.2% year over year to $520.2 million, while wholesale funding declined 5.0% to $1.930 billion. Non-performing assets rose to 0.89% of assets from 0.71% a year earlier. Nine-month net income increased to $40.968 million from $33.833 million. Book value per share rose 11.5% year over year to $235.93. A regular $0.63 dividend is payable November 12, 2026, to holders of record November 2.
Hingham Institution for Savings (NASDAQ:HIFS) reported strong results for the quarter ended June 30, 2026, with net income of $25.4 million and diluted EPS of $11.49, up 168.5% year-over-year. Quarterly return on average equity rose to 20.38% and return on average assets to 2.25%. Core net income was $10.7 million (diluted EPS $4.82), up 42.2%.
Total assets reached $4.56 billion, while non-interest-bearing deposits grew 15.2% year-over-year to $504.2 million. Net interest margin expanded to 2.14% from 1.66% a year earlier. Book value per share increased 13.0% year-over-year to $230.83. The bank declared a regular cash dividend of $0.63 per share, its 130th consecutive quarterly dividend, payable August 12, 2026.
Hingham Institution for Savings (NASDAQ: HIFS) reported Q1 2026 results for the quarter ended March 31, 2026. GAAP net income was $2.851M ($1.29 diluted), down 60.2% YoY; core net income was $10.584M ($4.79 diluted), up 72.3% YoY.
Key operating metrics: NIM 2.04%, core ROE 8.66%, non-performing loans 0.97% of loans. The bank declared a $0.63 regular dividend payable May 13, 2026.
Hingham Institution for Savings (NASDAQ:HIFS) disputed a Wolfpack Research report on Feb 26, 2026, calling it factually inaccurate and misleading. The bank reaffirmed its January 16, 2026 earnings release and the FDIC Call Report for the quarter ended Dec 31, 2025, and said its forthcoming Form 10-K will not differ materially.
The bank says identified loans are performing and well‑secured, that Wolfpack misstates LTV interpretation and construction lending mechanics, and that it will reserve and remediate troubled loans as appropriate.
Hingham Institution for Savings (NASDAQ: HIFS) reported full-year 2025 net income of $54.55M ($24.76 diluted), up from $28.19M in 2024; diluted EPS rose 92.7% year-over-year. Core net income (excluding after-tax equity gains) was $32.11M ($14.58 diluted), up 159.9% vs. 2024. Return on average equity and assets for 2025 were 12.00% and 1.22%, respectively. Total assets grew to $4.543B and book value per share rose to $219.82 (+11.0%). The Board declared $3.22 in dividends per share since year-end 2024 and approved repurchases up to $20.0M.
Credit metrics showed non-performing assets of 0.69% of assets including a single $30.6M CRE loan placed on nonaccrual; no charge-offs were recorded.
Hingham Institution for Savings (NASDAQ:HIFS) announced that its Board authorized a $20 million share repurchase program, subject to required regulatory approvals.
Repurchases may be made from time to time via open market purchases, privately negotiated transactions, block trades, or combinations thereof, and the Program is authorized through December 6, 2026. The Program is price sensitive, non‑obligatory, and may be suspended, modified, or discontinued at any time. The Board expects to reconsider the Program’s size and terms annually, subject to regulatory approval.
Hingham Institution for Savings (NASDAQ: HIFS) announced a regular quarterly dividend of $0.63 per share and a special dividend of $0.70 per share, each payable on January 14, 2026 to shareholders of record as of January 5, 2026. The Bank said it regularly evaluates capital allocation, including dividends and share repurchases, and sets special dividend levels based on capital needs and prospective returns from loans and buybacks.
This marks the Bank's 128th consecutive quarterly dividend; the Bank has typically declared special dividends in the fourth quarter for the past 30 years but did not declare specials in 2023 or 2024.
Hingham Institution for Savings (NASDAQ: HIFS) reported third quarter 2025 results: Q3 net income $17.295M ($7.85 diluted), a 195.1% increase year-over-year; annualized ROAE 15.15% and ROAA 1.54%.
Total assets were $4.531B and net loans were $3.914B at September 30, 2025. Quarterly net interest margin 1.74% and efficiency ratio 38.26%. Book value per share was $211.67 (+9.4% YoY). The bank declared a regular cash dividend of $0.63 per share, payable November 12, 2025 (record November 3, 2025); this is the bank’s 127th consecutive quarterly dividend.
Credit: non-performing loans rose to 0.81% of loans, driven by a single commercial real estate nonaccrual loan with a $30.6M outstanding balance.
Hingham Institution for Savings (NASDAQ: HIFS) reported strong Q2 2025 results with net income of $9.4 million, or $4.28 per diluted share, marking a significant 127.7% increase from Q2 2024. The bank's core net income, excluding equity securities gains, reached $7.5 million ($3.39 per diluted share), up 239% year-over-year.
Key performance metrics showed improvement with net interest margin expanding to 1.66%, marking the fifth consecutive quarter of growth. Total assets grew to $4.54 billion, while net loans remained stable at $3.93 billion. Non-interest-bearing deposits showed strong growth of 27.5% year-over-year, reaching $437.6 million.
The bank reported an increase in non-performing assets to 0.70% of total assets, primarily due to a $30.6 million commercial real estate loan placed on nonaccrual. Book value per share grew to $204.36, representing 6.8% growth from the previous year.
Hingham Institution for Savings (NASDAQ: HIFS) reported Q1 2025 results with net income of $7.124 million or $3.24 per share diluted, up 3.5% from Q1 2024. Core net income reached $6.125 million or $2.78 per share diluted, marking a 175.2% increase year-over-year.
The bank's total assets stood at $4.523 billion, with net loans at $3.924 billion. Retail and commercial deposits grew 13.8% annualized to $2.066 billion. The net interest margin improved to 1.50%, up 65 basis points from Q1 2024.
Key metrics remained strong with non-performing assets at 0.04% of total assets. The efficiency ratio improved to 45.82% from 77.24% year-over-year. The bank declared its 125th consecutive quarterly dividend of $0.63 per share, payable May 14, 2025.