In This Article:
Hingham Institution for Savings (NASDAQ:HIFS) Full Year 2024 Results
Key Financial Results
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Revenue: US$65.5m (up 3.2% from FY 2023).
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Net income: US$28.2m (up 6.9% from FY 2023).
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Profit margin: 43% (up from 42% in FY 2023).
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EPS: US$12.95 (up from US$12.26 in FY 2023).
HIFS Banking Performance Indicators
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Net interest margin (NIM): 1.04% (down from 1.17% in FY 2023).
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Cost-to-income ratio: 63.8% (up from 57.2% in FY 2023).
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Non-performing loans: 0.04% (no change from 0.04% in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
In the last 12 months, the only revenue segment was Financial Services contributing US$65.5m. The largest operating expense was General & Administrative costs, amounting to US$25.3m (68% of total expenses). Explore how HIFS's revenue and expenses shape its earnings.
Hingham Institution for Savings shares are down 7.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Hingham Institution for Savings you should know about.
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