Hingham Institution for Savings (HIFS) Income Statement
HIFS 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsHIFS revenue and net income
Where HIFS's revenue goes
2025Each bar shows an amount and its share of revenue. HIFS kept 23.0% of revenue as net income.
HIFS profit margins
HIFS growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +8.9% | +26.0% | +15.5% | +14.1% |
| Gross profit | +57.7% | +8.5% | +2.4% | +7.1% |
| Operating income | +99.3% | +10.2% | +0.7% | +8.3% |
| Net income | +93.5% | +13.3% | +1.4% | +10.9% |
| EPS (diluted) | +113.1% | +13.3% | +4.9% | +10.2% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
HIFS quarterly EPS vs estimates
Hingham Savings beat the analyst EPS estimate in 1 of the last 1 quarters.
HIFS income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $236.8M | $217.4M | $190.5M | $118.3M | $123.5M | $115.3M | $115.8M | $92.4M | $82.5M | $73.5M |
| Cost of revenue | $133.5M | $151.8M | $127.1M | $37.4M | $11.1M | $23.4M | $41.6M | $29.7M | $18.8M | $14.5M |
| Gross profit | $103.3M | $65.5M | $63.4M | $80.9M | $112.4M | $91.9M | $74.2M | $62.8M | $63.7M | $59.0M |
| Sales, general & admin | $26.3M | $24.3M | $23.8M | $22.4M | $18.7M | $17.7M | $18.7M | $18.4M | $17.9M | $17.3M |
| Total operating expenses | $30.5M | $29.0M | $28.2M | $26.6M | $19.7M | $21.8M | $20.6M | $20.1M | $19.6M | $19.2M |
| Operating income | $72.8M | $36.5M | $35.2M | $54.3M | $92.7M | $70.1M | $53.5M | $42.7M | $44.1M | $39.8M |
| Interest income | $206.8M | $195.9M | $174.3M | $139.0M | $110.5M | $106.4M | $107.0M | $94.2M | $81.1M | $71.8M |
| Interest expense | $132.4M | $151.5M | $126.0M | $32.9M | $8.0M | $21.2M | $40.0M | $28.4M | $17.3M | $13.4M |
| Income before taxes | $72.8M | $36.5M | $35.2M | $54.3M | $92.7M | $70.1M | $53.5M | $42.7M | $44.1M | $39.8M |
| Income taxes | $18.2M | $8.3M | $8.9M | $16.8M | $25.2M | $19.4M | $14.6M | $12.3M | $18.4M | $16.3M |
| Net income | $54.6M | $28.2M | $26.4M | $37.5M | $67.5M | $50.8M | $38.9M | $30.4M | $25.8M | $23.4M |
| EBITDA | $73.5M | $37.3M | $35.9M | $54.8M | $93.2M | $70.8M | $54.2M | $43.4M | $44.8M | $40.5M |
| EPS (diluted) | $24.76 | $11.62 | $8.85 | $17.04 | $30.65 | $19.50 | $17.84 | $13.90 | $11.90 | $11.21 |
| Gross margin | 43.6% | 30.1% | 33.3% | 68.4% | 91.0% | 79.7% | 64.1% | 67.9% | 77.2% | 80.2% |
| Operating margin | 30.7% | 16.8% | 18.5% | 45.9% | 75.1% | 60.8% | 46.2% | 46.2% | 53.5% | 54.1% |
| Net margin | 23.0% | 13.0% | 13.8% | 31.7% | 54.6% | 44.0% | 33.6% | 32.9% | 31.2% | 31.9% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $55.6M | $72.0M | $42.1M | $66.8M | $64.5M | $54.1M | $51.4M | $58.7M | $53.2M | $51.8M | $53.7M | $52.5M |
| Cost of revenue | $30.4M | $29.8M | $30.2M | $31.8M | $33.8M | $33.7M | $34.1M | $36.5M | $38.0M | $38.9M | $38.5M | $37.4M |
| Gross profit | $25.2M | $42.2M | $11.9M | $35.0M | $30.6M | $20.4M | $17.3M | $22.2M | $15.2M | $12.9M | $15.2M | $15.1M |
| Sales, general & admin | $5.2M | $5.0M | $5.2M | $7.5M | $6.2M | $6.4M | $6.3M | $6.0M | $6.1M | $6.1M | $6.0M | $5.7M |
| Total operating expenses | $7.8M | $8.8M | $7.7M | $8.0M | $7.5M | $7.5M | $7.5M | $7.2M | $7.3M | $7.3M | $7.2M | $6.9M |
| Operating income | $17.3M | $33.4M | $4.2M | $27.0M | $23.1M | $12.8M | $9.8M | $15.0M | $7.8M | $5.6M | $8.0M | $8.2M |
| Interest income | — | $52.9M | $51.8M | $52.8M | $52.9M | $51.3M | $49.8M | $49.9M | $49.5M | $49.0M | $47.4M | $46.5M |
| Interest expense | $29.7M | $29.3M | $29.7M | $31.8M | $33.6M | $33.2M | $33.8M | $36.5M | $38.0M | $38.7M | $38.4M | $37.1M |
| Income before taxes | $17.3M | $33.4M | $4.2M | $27.0M | $23.1M | $12.8M | $9.8M | $15.0M | $7.8M | $5.6M | $8.0M | $8.2M |
| Income taxes | $4.7M | $8.0M | $1.3M | $6.3M | $5.8M | $3.4M | $2.7M | $3.7M | $2.0M | $1.5M | $1.1M | $1.9M |
| Net income | $12.7M | $25.4M | $2.9M | $20.7M | $17.3M | $9.4M | $7.1M | $11.4M | $5.8M | $4.1M | $6.9M | $6.3M |
| EBITDA | $17.3M | $33.6M | $4.4M | $27.2M | $23.3M | $13.0M | $10.0M | $15.2M | $8.0M | $5.8M | $8.2M | $8.4M |
| EPS (diluted) | $3.86 | $4.82 | $1.29 | $9.39 | $7.85 | $4.28 | $3.24 | $5.17 | $1.44 | $1.88 | $3.13 | $2.89 |
| Gross margin | 45.3% | 58.6% | 28.4% | 52.4% | 47.5% | 37.7% | 33.7% | 37.8% | 28.5% | 25.0% | 28.4% | 28.8% |
| Operating margin | 31.2% | 46.5% | 10.0% | 40.4% | 35.9% | 23.8% | 19.1% | 25.6% | 14.8% | 10.9% | 14.9% | 15.6% |
| Net margin | 22.8% | 35.3% | 6.8% | 31.0% | 26.8% | 17.4% | 13.9% | 19.4% | 11.0% | 7.9% | 12.8% | 12.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in HIFS's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
HIFS financial results
In fiscal year 2025 (ended December 31, 2025), Hingham Savings reported revenue of $236.8 million, up 8.9% from the year before. It had net income of $54.6 million (up 93.5%), a net profit margin of 23.0%. Diluted earnings per share came to $24.76. Over five years revenue grew at an average rate of 15.5% a year.
See the HIFS stock overview for the latest quote and news, or the HIFS chart for price history and technical indicators.
HIFS income statement FAQ
What is Hingham Savings's annual revenue?
Hingham Savings reported total revenue of $236.8 million for fiscal year 2025, which ended on December 31, 2025. That was up 8.9% from $217.4 million the previous year.
Is Hingham Savings profitable?
Yes. Hingham Savings reported net income of $54.6 million in fiscal 2025, a net profit margin of 23.0%; its operating margin was 30.7%.
What is Hingham Savings's gross margin?
Hingham Savings's gross margin was 43.6% in fiscal 2025: for every $100 of revenue, Hingham Savings kept $44 after the direct cost of its products and services.
How fast is Hingham Savings growing?
Revenue grew 15.5% a year on average over the last five fiscal years, from $115.3 million to $236.8 million.
What are Hingham Savings's earnings per share?
Hingham Savings earned $24.76 per diluted share in fiscal 2025, compared with $11.62 a year earlier.
When does Hingham Savings's fiscal year end?
Hingham Savings's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.