Hingham Institution for Savings (HIFS, Financial) experienced a notable stock movement with shares climbing by 5.06%. The stock price reached $271.08 per share, with a trading volume of 12,691 shares and a turnover rate of 0.58%, exhibiting a significant price fluctuation of 5.06%.
Recent financial reports revealed the bank's revenue was $53.17 million, and it achieved a net profit of $5.85 million. The earnings per share stood at $2.68, though the gross profit figures were not disclosed. The price-to-earnings ratio is currently at 25.68 times. Presently, there are no institutional ratings or recommendations such as "buy," "hold," or "sell" for HIFS.
Within the banking sector, which has an overall increase of 0.82%, several related stocks showed notable changes. Among the top gainers were Meisf Bank, James Financial Bank, and Fvcbankcorp, Inc. Active shares included Evans Bancorp, LendingClub Corporation, and First Horizon National Bank with turnover rates of 1.84%, 1.41%, and 1.16%, respectively. Stocks like Panhua Financial, United Bancorp, and Pineapple Financial Inc. exhibited significant volatility with fluctuations of 10.06%, 7.80%, and 7.43%.
Hingham Institution for Savings, based in Massachusetts, is a savings bank providing residential and commercial real estate mortgages along with a variety of financial services, including personal and commercial checking accounts, personal mortgage loans, home equity lines of credit, money market accounts, savings accounts, and certificates of deposit. Its loan portfolio mainly includes commercial real estate, residential owner-occupied real estate, and residential real estate construction loans.
