Hingham Institution for Savings (HIFS)
Market Price (9/21/2026): $304.04 | Market Cap: $667.7 MilSector: Financials | Industry: Regional Banks
Hingham Institution for Savings (HIFS)
Market Price (9/21/2026): $304.04Market Cap: $667.7 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.9%, FCF Yield is 5.3% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 60% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29% Low stock price volatilityVol 12M is 44% | Weak multi-year price returns2Y Excs Rtn is -7.0%, 3Y Excs Rtn is -14% Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 157% Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 19x Key risksHIFS key risks include [1] severe net interest margin compression from its liability-sensitive balance sheet, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 11%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.9%, FCF Yield is 5.3% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 60% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 29% |
| Low stock price volatilityVol 12M is 44% |
| Weak multi-year price returns2Y Excs Rtn is -7.0%, 3Y Excs Rtn is -14% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 157% |
| Expensive valuation multiplesP/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 19x |
| Key risksHIFS key risks include [1] severe net interest margin compression from its liability-sensitive balance sheet, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Hingham Institution for Savings (HIFS) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Earnings Performance.
Hingham Institution for Savings reported robust financial results for fiscal Q2 2026, which ended on June 30, 2026. The company posted a net income of $25.4 million, representing a significant 168.5% increase per diluted share compared to the prior year. For the first six months of fiscal year 2026 (H1 2026), GAAP diluted earnings per share (EPS) saw a 70.2% year-over-year improvement, reaching $12.80 per share. A portion of the fiscal Q2 2026 net income, specifically $18.9 million, was attributed to unrealized gains on the bank's equity portfolio.
2. Enhanced Profitability through Improved Margins and Operational Efficiency.
The bank demonstrated improved profitability, with its net interest margin (NIM) rising to 2.14% in fiscal Q2 2026. This marks an increase from 1.5% reported in fiscal Q1 2025. Concurrently, Hingham Institution for Savings achieved a lower cost-to-income ratio, which decreased to 37.46% in fiscal Q2 2026 from 45.82% in fiscal Q1 2025, indicating enhanced operational efficiency. This efficiency ratio was even stronger for the first six months of 2026, at 36.21%, outperforming the average of 58.51% for peer banks in fiscal Q1 2026.
Show more
Hingham Institution for Savings (HIFS) stock has gained about 5% since 5/31/2026 because of the following key factors:
1. Strong Fiscal Q2 2026 Earnings Performance.
Hingham Institution for Savings reported robust financial results for fiscal Q2 2026, which ended on June 30, 2026. The company posted a net income of $25.4 million, representing a significant 168.5% increase per diluted share compared to the prior year. For the first six months of fiscal year 2026 (H1 2026), GAAP diluted earnings per share (EPS) saw a 70.2% year-over-year improvement, reaching $12.80 per share. A portion of the fiscal Q2 2026 net income, specifically $18.9 million, was attributed to unrealized gains on the bank's equity portfolio.
2. Enhanced Profitability through Improved Margins and Operational Efficiency.
The bank demonstrated improved profitability, with its net interest margin (NIM) rising to 2.14% in fiscal Q2 2026. This marks an increase from 1.5% reported in fiscal Q1 2025. Concurrently, Hingham Institution for Savings achieved a lower cost-to-income ratio, which decreased to 37.46% in fiscal Q2 2026 from 45.82% in fiscal Q1 2025, indicating enhanced operational efficiency. This efficiency ratio was even stronger for the first six months of 2026, at 36.21%, outperforming the average of 58.51% for peer banks in fiscal Q1 2026.
3. Growth in Low-Cost Deposits and Book Value Per Share.
Hingham Institution for Savings successfully increased its non-interest-bearing deposits by 7.8% since the end of 2025, reaching $504 million by the close of fiscal Q2 2026. These deposits constituted 19.4% of the total customer deposits, contributing to lower overall funding costs for the bank. Furthermore, the bank reported a healthy 13% year-over-year increase in its book value per share, which stood at $230 at the end of fiscal Q2 2026.
Show less
Stock Movement Drivers
Fundamental Drivers
The 5.3% change in HIFS stock from 5/31/2026 to 9/20/2026 was primarily driven by a 22.2% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 5312026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 288.75 | 304.04 | 5.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 99 | 121 | 22.2% |
| Net Income Margin (%) | 50.6% | 54.6% | 7.9% |
| P/E Multiple | 12.5 | 10.1 | -19.8% |
| Shares Outstanding (Mil) | 2 | 2 | -0.5% |
| Cumulative Contribution | 5.3% |
Market Drivers
5/31/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| HIFS | 5.3% | |
| Market (SPY) | 0.9% | 20.7% |
| Sector (XLF) | 8.3% | 44.2% |
Fundamental Drivers
The 9.4% change in HIFS stock from 2/28/2026 to 9/20/2026 was primarily driven by a 32.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282026 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 277.89 | 304.04 | 9.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 92 | 121 | 32.6% |
| Net Income Margin (%) | 49.4% | 54.6% | 10.7% |
| P/E Multiple | 13.4 | 10.1 | -24.9% |
| Shares Outstanding (Mil) | 2 | 2 | -0.7% |
| Cumulative Contribution | 9.4% |
Market Drivers
2/28/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| HIFS | 9.4% | |
| Market (SPY) | 11.6% | 32.9% |
| Sector (XLF) | 9.2% | 49.2% |
Fundamental Drivers
The 8.2% change in HIFS stock from 8/31/2025 to 9/20/2026 was primarily driven by a 60.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312025 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 280.90 | 304.04 | 8.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 76 | 121 | 60.0% |
| Net Income Margin (%) | 44.5% | 54.6% | 22.8% |
| P/E Multiple | 18.1 | 10.1 | -44.5% |
| Shares Outstanding (Mil) | 2 | 2 | -0.7% |
| Cumulative Contribution | 8.2% |
Market Drivers
8/31/2025 to 9/20/2026| Return | Correlation | |
|---|---|---|
| HIFS | 8.2% | |
| Market (SPY) | 19.4% | 27.7% |
| Sector (XLF) | 4.7% | 44.5% |
Fundamental Drivers
The 58.1% change in HIFS stock from 8/31/2023 to 9/20/2026 was primarily driven by a 44.3% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 8312023 | 9202026 | Change |
|---|---|---|---|
| Stock Price ($) | 192.34 | 304.04 | 58.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 84 | 121 | 44.3% |
| Net Income Margin (%) | 46.6% | 54.6% | 17.1% |
| P/E Multiple | 10.5 | 10.1 | -4.5% |
| Shares Outstanding (Mil) | 2 | 2 | -2.1% |
| Cumulative Contribution | 58.1% |
Market Drivers
8/31/2023 to 9/20/2026| Return | Correlation | |
|---|---|---|
| HIFS | 58.1% | |
| Market (SPY) | 75.6% | 39.3% |
| Sector (XLF) | 69.8% | 52.9% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| HIFS Return | 96% | -34% | -29% | 32% | 13% | 9% | 51% |
| Peers Return | 25% | -3% | -16% | 6% | 5% | 23% | 39% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| HIFS Win Rate | 92% | 25% | 42% | 58% | 50% | 67% | |
| Peers Win Rate | 58% | 44% | 40% | 46% | 56% | 61% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| HIFS Max Drawdown | -12% | -43% | -51% | -21% | -21% | -21% | |
| Peers Max Drawdown | -21% | -21% | -48% | -26% | -27% | -14% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EBC, INDB, UBSI, EGBN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
| Event | HIFS | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -19.6% | -18.8% |
| % Gain to Breakeven | 24.3% | 23.1% |
| Time to Breakeven | 83 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -28.8% | -9.5% |
| % Gain to Breakeven | 40.4% | 10.5% |
| Time to Breakeven | 258 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -40.7% | -6.7% |
| % Gain to Breakeven | 68.5% | 7.1% |
| Time to Breakeven | 552 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.1% | -33.7% |
| % Gain to Breakeven | 51.9% | 50.9% |
| Time to Breakeven | 140 days | 140 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -14.0% | -17.9% |
| % Gain to Breakeven | 16.3% | 21.8% |
| Time to Breakeven | 101 days | 123 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -19.2% | -53.4% |
| % Gain to Breakeven | 23.8% | 114.4% |
| Time to Breakeven | 10 days | 1085 days |
In The Past
Hingham Institution for Savings's stock fell -19.6% during the 2025 US Tariff Shock. Such a loss loss requires a 24.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | HIFS | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -28.8% | -9.5% |
| % Gain to Breakeven | 40.4% | 10.5% |
| Time to Breakeven | 258 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -40.7% | -6.7% |
| % Gain to Breakeven | 68.5% | 7.1% |
| Time to Breakeven | 552 days | 31 days |
| 2020 COVID-19 Crash | ||
| % Loss | -34.1% | -33.7% |
| % Gain to Breakeven | 51.9% | 50.9% |
| Time to Breakeven | 140 days | 140 days |
In The Past
Hingham Institution for Savings's stock fell -19.6% during the 2025 US Tariff Shock. Such a loss loss requires a 24.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Hingham Institution for Savings (HIFS)
Hingham Institution for Savings (HIFS) operates as the holding company for Hingham Savings Bank, a full-service financial institution primarily based in Massachusetts. The bank functions as a traditional community bank, serving the financial needs of individuals, families, businesses, and non-profit organizations within its market areas. Its core business model is centered on attracting deposits from the public and then deploying those funds through various lending activities.
The company's main products and services encompass a comprehensive range of deposit accounts, including checking accounts, savings accounts, money market accounts, and certificates of deposit. On the lending side, Hingham Savings specializes predominantly in real estate financing. This includes offering residential mortgages, commercial real estate loans, and construction loans. Additionally, it provides a limited offering of other commercial and consumer loans.
Hingham Institution for Savings primarily serves customers located in Massachusetts, with a strong focus on the South Shore and Greater Boston regions, though its lending reach extends beyond these immediate areas. The bank's operational philosophy emphasizes a conservative approach to lending, fostering strong customer relationships, and maintaining efficient operations to serve its local communities effectively.
```AI Analysis | Feedback
AI Analysis | Feedback
- Deposit Services: Provides various deposit accounts, including checking, savings, money market, and certificates of deposit, for individuals and businesses.
- Real Estate Lending: Offers loans for residential and commercial properties, including mortgages for purchases, construction, and refinancing.
- Commercial Lending: Extends credit to businesses for operational needs, equipment financing, and expansion projects.
- Consumer Lending: Provides personal loans, such as auto loans and lines of credit, to individuals.
AI Analysis | Feedback
Major Customers of Hingham Institution for Savings (HIFS)
Hingham Institution for Savings (HIFS) operates as a community bank primarily serving individuals, families, and businesses in Southeastern Massachusetts and the Greater Boston area. As a financial institution, it sells its services to a broad base of clients rather than a few specific major corporate customers. Its customer base can be categorized as follows:
- Individuals and Families: These customers utilize Hingham Institution for Savings for personal banking needs, including checking accounts, savings accounts, money market accounts, certificates of deposit, residential mortgages, home equity loans, and various consumer loans.
- Small to Medium-sized Businesses: Local and regional businesses are key customers, using the bank for commercial checking and savings accounts, commercial real estate loans, commercial and industrial (C&I) loans, lines of credit, and treasury management services.
- Real Estate Investors and Developers: A significant portion of the bank's lending activities is focused on commercial real estate and construction. This category includes professional investors and developers seeking financing for income-producing properties, multi-family housing, and new construction projects.
AI Analysis | Feedback
AI Analysis | Feedback
Robert H. Gaughen, Jr. Chairman and CEO
Robert Gaughen, Jr. has been involved in community banking and real estate law for over forty years, serving as Chairman and CEO of Hingham Institution for Savings since 1993. He previously held the positions of President and CEO of the East Weymouth Savings Bank from 1981 to 1988. He possesses substantial experience in both commercial and residential real estate lending. The Gaughen family has controlled Hingham Institution for Savings since 1993, and insiders, including directors and executive officers, own approximately 27% of the outstanding shares.
Patrick R. Gaughen President and COO
Patrick Gaughen joined Hingham Institution for Savings in 2012, where he is responsible for identifying and implementing long-term growth and profitability initiatives for the Bank. He also serves on the Board of Directors and the Executive Committee. Before joining HIFS, Patrick was a Foreign Service Officer (FSO) with the Department of State, specializing in Near Eastern Affairs and serving overseas.
Cristian Melej VP and Chief Financial Officer
Cristian Melej joined Hingham Institution for Savings in 2016.
Eileen Trainor VP and Treasurer
Eileen Trainor joined Hingham Institution for Savings in 2008. She is responsible for the financial management of the Bank, encompassing asset-liability management, accounting, budgeting, and regulatory reporting. Prior to her current role, she served as Assistant Vice President and Controller at the Bank and was previously the Finance/Accounting Manager for Arbella Insurance Group. Eileen is a Certified Public Accountant.
Holly Cirignano VP - Chief of Staff
Holly Cirignano serves as the Vice President and Chief of Staff.
```AI Analysis | Feedback
-
Allegations of Undisclosed Foreclosures and Distressed Loans
A significant recent risk stems from a February 2026 short seller report by Wolfpack Research, which alleges that Hingham Institution for Savings has undisclosed foreclosures and distressed loans, particularly in the Washington D.C. area. The report claims the bank is "over-leveraged, under-reserved, with a significant portion of its loan book underwater and/or in distress." While Hingham Institution for Savings has publicly disputed these claims as "factually inaccurate and misleading," the allegations themselves, and the resulting market reaction, pose a notable risk due to potential damage to reputation, investor confidence, and possible regulatory scrutiny. -
Concentration in Commercial Real Estate (CRE) Lending
Hingham Institution for Savings' business model is heavily concentrated in commercial real estate lending, with a significant portion of its loan book allocated to multifamily apartment buildings. This high concentration in a specific asset class makes the bank particularly susceptible to downturns in the real estate market, fluctuations in property values, and economic cycles that disproportionately affect the commercial real estate sector. -
Interest Rate Risk and Investment Portfolio Volatility
As a banking institution, HIFS is inherently exposed to interest rate risk. Multifamily mortgages, which form a large part of its loan book, are considered liability-sensitive and tend to perform poorly when interest rates rise. The bank's annual report also noted challenges in 2023 and early 2024 due to an unusual interest rate environment, impacting its net interest margin. Additionally, the bank's investment portfolio has a notable concentration, with approximately 40% consisting of Alphabet (GOOG) stock. Wolfpack Research highlighted that mark-to-market gains on its securities portfolio accounted for almost half of the bank's earnings from 2023-2025, exposing the bank to significant market volatility related to this single equity holding.
AI Analysis | Feedback
The rise and increasing adoption of digital-only banks and financial technology (fintech) companies presents a clear emerging threat. These entities offer banking services such as deposits, loans, and payments with lower overhead costs due to the absence of physical branches, often providing superior digital user experiences, and competitive interest rates. This directly challenges the traditional, branch-based model of institutions like Hingham Institution for Savings by attracting customers who prioritize convenience, digital access, and potentially lower fees or higher savings yields.
AI Analysis | Feedback
Hingham Institution for Savings (symbol: HIFS) primarily offers deposit products and various lending services, with a significant focus on commercial and residential real estate mortgage lending. The company operates mainly in Boston and eastern Massachusetts, and has commercial lenders and relationship managers in Washington.
The addressable markets for Hingham Institution for Savings' main products and services in its primary operating region (Massachusetts) are as follows:
- Commercial Banking/Lending: The Commercial Banking industry in Massachusetts has a market size of approximately $34.3 billion in 2026. Furthermore, banks originated $20.39 billion in commercial mortgage loans of all types in Massachusetts in 2024.
- Residential Mortgage Lending: Null
- Deposit Services: Null
AI Analysis | Feedback
Hingham Institution for Savings (HIFS) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Growth in Deposit Relationships, particularly Non-Interest-Bearing and Commercial/Institutional Deposits: Hingham Institution for Savings has shown a focus on developing and deepening deposit relationships with new and existing commercial, institutional, and non-profit customers. This is evidenced by the annualized growth in retail and business deposits, and specifically non-interest-bearing deposits. An increased and stable deposit base provides the bank with more funds available for lending, a primary revenue source.
- Net Interest Margin (NIM) Expansion: The bank has demonstrated a trend of expanding its net interest margin. The net interest margin improved in Q4 2024, Q1 2025, and throughout FY 2025, indicating that the bank is earning more on its interest-earning assets relative to its interest-bearing liabilities. This expansion directly contributes to higher net interest income, a significant component of the bank's overall revenue.
- Strategic Expansion of the Specialized Deposit Group into New Geographic Markets: Hingham Institution for Savings is actively recruiting talented relationship managers for its Specialized Deposit Group in key cities such as Boston, Washington, and San Francisco. This strategic move aims to capitalize on opportunities as competitors exit or merge in these markets, allowing the bank to capture new deposit relationships and expand its lending capacity in new geographic areas, thereby increasing its revenue base.
- Organic Capital Deployment and Lending Growth in Existing Markets: Management continues to focus on organic capital deployment and anticipates substantial growth opportunities within its existing markets. This strategy involves the prudent expansion of its loan portfolio, particularly in commercial and residential real estate mortgage lending, which are core revenue-generating activities for the bank.
AI Analysis | Feedback
Share Repurchases
- Hingham Institution for Savings authorized a stock repurchase program of up to $20 million on December 5, 2025.
- This program is authorized through December 6, 2026.
- The $20 million program represented approximately 3% of the bank's market capitalization as of December 2025.
Outbound Investments
- In 2024, the bank invested additional capital into equities, bringing the marketable equity portfolio to 24% of shareholders' equity.
- In 2025, an additional $8.2 million was committed to the marketable equity portfolio.
- The company reported net gains on equity securities of $20.4 million in fiscal year 2024 and $28.8 million in fiscal year 2025.
Peer Outperformance in Regional Banks
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 24.2% | 70.6% | 133.7% | SPNT 170% · RGA 154% · RNR 140% |
| Investment Banking & Brokerage | 13 | -1.7% | 105.1% | 116.5% | IBKR 527% · SNEX 257% · HOOD 183% |
| Diversified Banks | 12 | 27.5% | 129.8% | 116.3% | CM 161% · JPM 159% · RY 149% |
| Life & Health Insurance | 20 | 8.6% | 57.6% | 105.8% | JXN 534% · UNM 373% · FG 207% |
| Multi-Sector Holdings | 4 | 6.8% | 50.2% | 87.3% | JONE 361% · VOYA 88% · BRK-B 87% |
| Property & Casualty Insurance | 42 | 9.6% | 67.5% | 67.8% | ASIC 2760900% · HRTG 445% · UVE 331% |
| Regional Banks ← | 265 | 23.9% | 91.7% | 67.1% | ESQ 391% · GCBC 340% · VBNK 335% |
| Multi-line Insurance | 9 | 8.8% | 71.2% | 64.1% | GNW 201% · L 112% · SLF 104% |
| Financial Exchanges & Data | 15 | -0.1% | 17.4% | 32.7% | VIRT 184% · CBOE 135% · CME 83% |
| Diversified Financial Services | 4 | -7.3% | 22.1% | 32.6% | FRHC 168% · EQH 119% · TMS -54% |
| Consumer Finance | 30 | 1.7% | 89.6% | 26.9% | ENVA 447% · EZPW 319% · FCFS 168% |
| Insurance Brokers | 16 | -15.1% | -6.3% | 20.3% | LIFE 200% · ARX 87% · AJG 70% |
| Commercial & Residential Mortgage Finance | 14 | -50.2% | 32.8% | 13.9% | FNMA 454% · FMCC 436% · ACT 204% |
| Asset Management & Custody Banks | 84 | -11.7% | 17.6% | 12.0% | WT 348% · SII 279% · VCTR 274% |
| Specialized Finance | 3 | 14.0% | 42.2% | -2.8% | EFC 27% · CACC -3% · HASI -16% |
| Mortgage REITs | 33 | -13.0% | 7.4% | -16.5% | NREF 53% · RITM 42% · DX 34% |
| Transaction & Payment Processing Services | 15 | -1.0% | -5.9% | -42.9% | V 74% · MA 73% · CPAY 58% |
| Diversified Capital Markets | 20 | -36.3% | 20.7% | -48.1% | OPY 196% · LPLA 136% · GOLD 90% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Hingham Institution for Savings (HIFS) Operating Cash Flow Comparison | 02/17/2025 | |
| Hingham Institution for Savings (HIFS) Net Income Comparison | 02/15/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 47.11 |
| Mkt Cap | 4.0 |
| Rev LTM | 990 |
| Op Inc LTM | - |
| FCF LTM | 304 |
| FCF 3Y Avg | 251 |
| CFO LTM | 322 |
| CFO 3Y Avg | 269 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 41.2% |
| Rev Chg 3Y Avg | 11.5% |
| Rev Chg Q | 26.8% |
| QoQ Delta Rev Chg LTM | 6.2% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 32.5% |
| CFO/Rev 3Y Avg | 34.1% |
| FCF/Rev LTM | 30.7% |
| FCF/Rev 3Y Avg | 32.1% |
Price Behavior
| Market Price | $304.04 | |
| Market Cap ($ Bil) | 0.7 | |
| First Trading Date | 02/25/1992 | |
| Distance from 52W High | -8.4% | |
| 50 Days | 200 Days | |
| DMA Price | $297.83 | $291.58 |
| DMA Trend | up | up |
| Distance from DMA | 2.1% | 4.3% |
| 3M | 1YR | |
| Volatility | 31.5% | 43.4% |
| Downside Capture | 40.78 | 97.59 |
| Upside Capture | 72.51 | 90.01 |
| Correlation (SPY) | 21.3% | 27.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.13 | 0.84 | 0.37 | 0.74 | 0.94 | 1.06 |
| Up Beta | 2.71 | 1.15 | 0.13 | 0.86 | 0.92 | 1.02 |
| Down Beta | -0.96 | 0.84 | 0.25 | 0.00 | 0.94 | 1.07 |
| Up Capture | 48% | 29% | 47% | 83% | 81% | 111% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 7 | 14 | 28 | 62 | 128 | 364 |
| Down Capture | 49% | 123% | 56% | 103% | 104% | 103% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 14 | 28 | 36 | 65 | 123 | 384 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HIFS | |
|---|---|---|---|---|
| HIFS | 9.7% | 43.5% | 0.33 | - |
| Sector ETF (XLF) | 4.5% | 14.6% | 0.08 | 45.0% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 27.8% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 11.5% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | -13.6% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 28.7% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | 11.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HIFS | |
|---|---|---|---|---|
| HIFS | 0.7% | 38.9% | 0.12 | - |
| Sector ETF (XLF) | 10.1% | 18.4% | 0.41 | 48.6% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 40.5% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 5.9% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | 7.1% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 40.0% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | 19.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with HIFS | |
|---|---|---|---|---|
| HIFS | 9.8% | 34.8% | 0.36 | - |
| Sector ETF (XLF) | 12.9% | 22.1% | 0.53 | 44.5% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 39.9% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 2.5% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 10.3% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 35.8% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 14.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/3/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
Investor Activity (13F)
Updated Sep 21, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
| Active Manager |
|---|
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.