HINGHAM Institution for Savings Reports $54.55M Net Income for 2025, Up 92.7%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: Globenewswire
- Annual Net Income Growth: HINGHAM Institution for Savings reported a net income of $54.55 million for 2025, translating to $25.01 per share, reflecting a robust 92.7% increase from 2024, showcasing strong profitability and market competitiveness.
- Significant Core Net Income Increase: The core net income for 2025 reached $32.11 million, with diluted earnings per share at $14.58, marking a remarkable 159.9% rise over 2024, indicating the bank's success in cost control and asset optimization.
- Steady Growth in Assets and Deposits: As of December 31, 2025, total assets increased to $4.543 billion, a 1.9% growth from 2024, while non-interest-bearing deposits surged by 17.7%, reflecting enhanced customer trust and relationship development.
- Enhanced Shareholder Returns: The bank declared a total dividend of $3.22 per share since December 2024 and received approval for a $20 million stock repurchase, demonstrating its commitment to shareholder returns and confidence in future growth.
Analyst Views on HIFS
About HIFS
Hingham Institution for Savings (the Bank) provides business banking solutions. The Company’s team of relationship managers serve a diverse group of customers, including property managers, startups, nonprofit organizations, municipalities, government organizations and professional service organizations. It offers personalized service and robust digital tools. Its team of personal bankers provides customized solutions for its customers. It offers a tailored suite of cash management services designed for its nonprofit customers. The Company’s personal banking services include personal checking, deposit rates, mobile and online banking and residential mortgages. The Company’s business banking services include business checking, commercial real estate lending, cash management, nonprofit banking, government banking, property management banking and startup banking.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
