Hingham Institution for Savings Third Quarter 2023 Earnings: EPS: US$1.53 (vs US$4.90 in 3Q 2022)

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Hingham Institution for Savings (NASDAQ:HIFS) Third Quarter 2023 Results

Key Financial Results

  • Revenue: US$11.5m (down 48% from 3Q 2022).

  • Net income: US$3.30m (down 69% from 3Q 2022).

  • Profit margin: 28% (down from 47% in 3Q 2022). The decrease in margin was driven by lower revenue.

  • EPS: US$1.53 (down from US$4.90 in 3Q 2022).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hingham Institution for Savings shares are down 14% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Hingham Institution for Savings that you should be aware of.

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