Hingham Institution forvings (Hingham Institution forvings) Net Margin %

: 44.11% (As of Jun. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Hingham Institution forvings's Net Income for the three months ended in Jun. 2023 was $8.25 Mil. Hingham Institution forvings's Revenue for the three months ended in Jun. 2023 was $18.70 Mil. Therefore, Hingham Institution forvings's net margin for the quarter that ended in Jun. 2023 was 44.11%.

The historical rank and industry rank for Hingham Institution forvings's Net Margin % or its related term are showing as below:

HIFS' s Net Margin % Range Over the Past 10 Years
Min: 36.9 Med: 42.54 Max: 58.44
Current: 47

HIFS's Net Margin % is ranked better than
92.05% of 1459 companies
in the Banks industry
Industry Median: 25.5 vs HIFS: 47.00

Hingham Institution forvings Net Margin % Historical Data

The historical data trend for Hingham Institution forvings's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hingham Institution forvings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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51.40

53.91

58.44

43.93

40.85

Hingham Institution forvings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial															22.06	46.81	49.41	44.11	-

Competitive Comparison

For the Banks - Regional subindustry, Hingham Institution forvings's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hingham Institution forvings Net Margin % Distribution

For the Banks industry and Financial Services sector, Hingham Institution forvings's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hingham Institution forvings's Net Margin % falls into.

Hingham Institution forvings Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hingham Institution forvings's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	26.371	/	64.561
	=	40.85 %

Hingham Institution forvings's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	8.248	/	18.698
	=	44.11 %

Hingham Institution forvings (NAS:HIFS) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Hingham Institution forvings Net Margin % Related Terms

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Hingham Institution forvings (Hingham Institution forvings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hingham Institution for Savings (NAS:HIFS) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

HS3:Germany

Address

55 Main Street, Hingham, MA, USA, 02043

Website

https://www.hinghamsavings.com

Hingham Institution for Savings is a savings bank based in Hingham, Massachusetts and is involved in the business of residential and commercial real estate mortgage lending and also financial and banking services. The bank's financial services include personal checking accounts, personal mortgages, home equity lines of credit, money market accounts, savings accounts, certificates of deposit and business checking accounts. Its lending portfolio mainly encompasses commercial real estate, residential owner occupied real estate and loans for construction of residential real estate.