Hingham Institution Authorizes $20M Share Repurchase Program
Hingham Institution announced that its Board of Directors has authorized a share repurchase program pursuant to which the Bank may repurchase up to $20M of its outstanding common stock, having received all regulatory approvals as may be required. Under the Program, repurchases can be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions, block trades, or any combination of such methods, in accordance with applicable securities laws and regulations. The Bank regularly evaluates all capital allocation options, in light of the Bank's capital requirements and the prospective returns on such options, including the incremental return on organic balance sheet growth, investments, dividends (both regular and special), and share repurchases. The Program permits the Bank to repurchase shares when, in the estimate of senior management, the return on share repurchases is attractive relative to alternative capital allocation options.
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- 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.

- Stock Repurchase Program: Hingham Institution for Savings has authorized a $20 million stock repurchase program aimed at enhancing shareholder value and boosting market confidence, which is expected to have a positive impact on the stock price.
- Dividend Declaration: The bank declared a cash dividend of $0.63 per share, demonstrating its stable profitability and commitment to shareholders, which is likely to attract more investor interest.
- Financial Performance: For Q4, the bank reported a GAAP EPS of $5.16 and net interest income of $13.44 million, reflecting robust operations and profitability in the current economic environment.
- Market Outlook: Positioned as a regional banking bet on real estate, Hingham Institution for Savings is seen as a potential investment choice despite market volatility, with its solid financial performance likely supporting future growth.
Validea's Growth Investor Model: Today's upgrades for Validea's Growth Investor model, based on Martin Zweig's strategy, highlight several stocks with improved ratings, indicating strong interest due to their accelerating earnings, sales growth, and reasonable valuations.
Hingham Institution for Savings (HIFS): This small-cap value stock in the Regional Banks industry saw its rating increase from 46% to 85%, reflecting strong fundamentals and valuation metrics.
Bank of Hawaii Corp (BOH): A mid-cap growth stock in the Money Center Banks industry, BOH's rating also improved from 46% to 85%, suggesting favorable underlying fundamentals and valuation.
Muncy Columbia Financial Corp (CCFN): Another small-cap value stock, CCFN's rating rose from 46% to 89%, indicating strong interest based on its financial performance and valuation criteria.
- Repurchase Program Initiation: Hingham Institution for Savings' Board has authorized a share repurchase program allowing for the buyback of up to $20 million in common stock, reflecting confidence in the stock's value and enhancing investor trust.
- Flexible Repurchase Methods: The program permits repurchases through various methods including open market purchases, privately negotiated transactions, and block trades, ensuring adaptability to favorable market conditions and optimizing capital allocation.
- Annual Review Mechanism: The repurchase program is authorized through December 6, 2026, with the Board planning to reassess the size and terms annually, ensuring compliance with regulatory requirements and responsiveness to market changes.
- Historic Bank: Established in 1834, Hingham Institution for Savings is one of America's oldest banks, with offices in Boston, Washington D.C., and other locations, and the repurchase program will further solidify its market position.
- Repurchase Program Initiation: Hingham Institution for Savings' Board has authorized a share repurchase program allowing for the buyback of up to $20 million in common stock, reflecting confidence in the company's stock price and aiming to enhance shareholder value.
- Flexible Repurchase Methods: The program permits repurchases through various methods including open market purchases, privately negotiated transactions, and block trades, ensuring adaptability to market conditions while complying with applicable securities laws.
- Capital Allocation Assessment: The bank will regularly evaluate all capital allocation options, including organic balance sheet growth, investments, regular and special dividends, and share repurchases, to optimize capital efficiency and returns.
- Annual Review Mechanism: The repurchase program is authorized through December 6, 2026, with the Board planning to reassess the size and terms of the program annually, ensuring compliance with regulatory requirements and responsiveness to market conditions.
Validea's Growth Investor Model: The model, based on Martin Zweig's strategy, identifies growth stocks with accelerating earnings, reasonable valuations, and low debt, highlighting significant upgrades for several small-cap banks.
Hingham Institution for Savings (HIFS): The stock's rating improved from 46% to 85%, indicating strong interest based on its fundamentals and valuation, as it provides a range of business and personal banking solutions.
Pathward Financial Inc (CASH): This stock also saw an upgrade from 46% to 89%, reflecting strong fundamentals and valuation, with a focus on consumer and commercial banking services.
First Business Financial Services Inc (FBIZ) and West Coast Community Bancorp (WCCB): Both stocks received ratings of 85%, showing strong interest due to their tailored banking services for businesses and individuals, with a focus on commercial banking products.









