Estados financieros detallados de Hingham Institution for Savings (HIFS): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Hingham Institution for Savings registró ingresos de $236.8M en el último ejercicio fiscal, con un CAGR de 5 años del 15.5%. El beneficio neto alcanzó $54.6M, con un CAGR a 5 años del 1.4%.
Márgenes de los últimos 12 meses: margen bruto 48.8%, margen operativo 35.8%, margen neto 27.0%. El flujo de caja libre creció a un CAGR del -4.2% en 5 años.
Al precio actual de $301.05, HIFS cotiza a un P/E de 9.95 y un ROE del 13.73%. La capitalización bursátil es de $656M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $73.5M | $82.5M | $92.4M | $115.8M | $115.3M | $123.5M | $118.3M | $190.5M | $217.4M | $236.8M |
| Coste de Ventas | $14.5M | $18.8M | $29.7M | $41.6M | $23.4M | $11.1M | $37.4M | $127.1M | $151.8M | $133.5M |
| Beneficio Bruto | $59.0M | $63.7M | $62.8M | $74.2M | $91.9M | $112.4M | $80.9M | $63.4M | $65.5M | $103.3M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $17.3M | $17.8M | $18.3M | $18.7M | $17.7M | $18.7M | $22.4M | $23.8M | $24.3M | $26.3M |
| Gastos Operativos | $19.2M | $19.6M | $20.1M | $20.6M | $21.8M | $19.7M | $26.6M | $28.2M | $29.0M | $30.5M |
| Beneficio Operativo | $39.8M | $44.1M | $42.7M | $53.5M | $70.1M | $92.7M | $54.3M | $35.2M | $36.5M | $72.8M |
| EBITDA | $40.5M | $44.8M | $43.4M | $54.2M | $70.8M | $93.2M | $54.8M | $35.9M | $37.3M | $73.3M |
| Gastos por Intereses | $13.4M | $17.3M | $28.4M | $40.0M | $21.2M | $8.0M | $32.9M | $126.0M | $151.5M | $132.4M |
| Beneficio Antes de Impuestos | $39.8M | $44.1M | $42.7M | $53.5M | $70.1M | $92.7M | $54.3M | $35.2M | $36.5M | $72.8M |
| Impuestos | $16.3M | $18.4M | $12.3M | $14.6M | $19.4M | $25.2M | $16.8M | $8.9M | $8.3M | $18.2M |
| Beneficio Neto | $23.4M | $25.8M | $30.4M | $38.9M | $50.8M | $67.5M | $37.5M | $26.4M | $28.2M | $54.6M |
| BPA | $10.99 | $12.08 | $14.25 | $18.24 | $23.76 | $31.51 | $17.49 | $12.26 | $12.95 | $25.01 |
| BPA Diluido | $10.89 | $11.81 | $13.90 | $17.83 | $23.26 | $30.65 | $17.04 | $12.03 | $12.85 | $24.76 |
| Acciones en Circulación (Diluidas) | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M | $2.2M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $64.5M | $66.8M | $42.1M | $72.0M |
| Beneficio Bruto | $30.6M | $35.0M | $11.9M | $42.2M |
| Beneficio Operativo | $23.1M | $27.0M | $4.2M | $33.4M |
| EBITDA | $23.3M | $27.2M | $4.4M | $33.4M |
| Beneficio Neto | $17.3M | $20.7M | $2.9M | $25.4M |
| BPA | $7.93 | $9.49 | $1.30 | $11.59 |
| BPA Diluido | $7.85 | $9.39 | $1.29 | $11.49 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $322.9M | $355.2M | $296.0M | $252.1M | $234.0M | $271.2M | $362.0M | $362.5M | $351.8M | $6.7M |
| Inversiones a Corto | $27.2M | $34.3M | $14000 | $11000 | $6000 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $3.5M | $4.4M | $4.6M | $4.9M | $5.3M | $5.5M | $7.1M | $8.6M | $8.8M | $9.2M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $353.6M | $393.9M | $300.6M | $257.1M | $239.3M | $276.6M | $369.2M | $371.0M | $360.6M | $15.9M |
| Inmovilizado Material | $14.5M | $14.1M | $14.6M | $14.5M | $15.2M | $15.8M | $17.9M | $17.0M | $16.4M | $15.9M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $2.01B | $2.28B | $2.41B | $2.59B | $2.86B | $3.43B | $4.19B | $4.48B | $4.46B | $4.54B |
| Cuentas por Pagar | $400000 | $575000 | $2.2M | $960000 | $252000 | $198000 | $4.5M | $12.3M | $8.2M | $11.8M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $687.0M | $666.6M |
| Pasivos Corrientes | $1.37B | $1.51B | $1.58B | $1.82B | $2.14B | $2.39B | $2.51B | $2.36B | $3.19B | $666.8M |
| Deuda a Largo | $476.2M | $580.0M | $607.4M | $505.9M | $408.0M | $665.0M | $1.28B | $1.69B | $810.0M | $797.2M |
| Pasivos Totales | $1.85B | $2.10B | $2.20B | $2.34B | $2.56B | $3.08B | $3.81B | $4.08B | $4.03B | $4.06B |
| Reservas | $144.6M | $165.6M | $198.6M | $232.9M | $278.3M | $339.7M | $370.8M | $391.3M | $414.0M | $461.5M |
| Patrimonio Neto | $161.0M | $186.2M | $212.6M | $247.2M | $292.9M | $354.6M | $386.0M | $407.6M | $431.8M | $479.7M |
| Deuda Total | $476.2M | $580.0M | $607.4M | $505.9M | $408.0M | $665.0M | $1.28B | $1.69B | $1.50B | $1.46B |
| Deuda Neta | $126.1M | $190.4M | $311.4M | $253.7M | $174.0M | $393.8M | $914.0M | $1.33B | $1.15B | $1.46B |
| Capital Circulante | -$1.01B | -$1.11B | -$1.27B | -$1.56B | -$1.90B | -$2.12B | -$2.14B | -$1.99B | -$2.83B | -$650.9M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $360.0M | $6.7M | $5.2M | $5.5M |
| Activos Totales | $4.53B | $4.54B | $4.55B | $4.56B |
| Pasivos Totales | $4.07B | $4.06B | $4.07B | $4.05B |
| Patrimonio Neto | $461.7M | $479.7M | $482.7M | $507.4M |
| Deuda Total | $1.53B | $1.46B | $1.41B | $1.41B |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $23.4M | $25.8M | $30.4M | $38.9M | $50.8M | $67.5M | $37.5M | $26.4M | $28.2M | $54.6M |
| Amortizaciones | $730000 | $650000 | $638000 | $652000 | $703000 | $543000 | $494000 | $685000 | $750000 | $752000 |
| Compensación en Acciones | $156000 | $175000 | $113000 | $160000 | $76000 | $39000 | $22000 | $40000 | $173000 | $191000 |
| Cambio en Capital Circulante | $355000 | -$523000 | $1.0M | -$2.0M | -$1.1M | $381000 | -$3.8M | $3.6M | -$1.6M | $2.0M |
| Flujo de Caja Operativo | $25.1M | $27.4M | $35.9M | $33.2M | $45.6M | $59.0M | $55.9M | $19.8M | $11.9M | $35.8M |
| Inversiones (CapEx) | -$98000 | -$256000 | -$1.1M | -$647000 | -$1.5M | -$1.6M | -$2.5M | -$1.3M | -$139000 | -$266000 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | -$214000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | -$3.2M | -$3.5M | -$3.7M | -$4.4M | -$4.9M | -$5.8M | -$6.6M | -$6.8M | -$5.5M | -$5.5M |
| Flujo de Caja Libre | $25.0M | $27.2M | $34.7M | $32.5M | $44.1M | $57.4M | $53.3M | $18.5M | $11.8M | $35.5M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $11.2M | $7.6M | $13.1M | $3.7M |
| Inversiones (CapEx) | -$15000 | -$97000 | 0 | -$182000 |
| Flujo de Caja Libre | $11.1M | $7.5M | $13.1M | $3.6M |
| Dividendos Pagados | -$1.4M | -$1.4M | -$2.9M | -$1.4M |
| Compensación en Acciones | $44000 | $45000 | $44000 | $42000 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +12.2% | +12.1% | +25.3% | -0.4% | +7.0% | -4.2% | +61.0% | +14.1% | +8.9% |
| Crecimiento Beneficio Neto (anual) | | +10.0% | +18.0% | +28.1% | +30.4% | +32.9% | -44.4% | -29.7% | +6.9% | +93.5% |
| Crecimiento BPA (anual) | | +9.9% | +18.0% | +28.0% | +30.3% | +32.6% | -44.5% | -29.9% | +5.6% | +93.1% |
| Cambio en Acciones (anual) | | +1.3% | +0.3% | -0.2% | +0.0% | +0.8% | +0.0% | -0.4% | +0.0% | +0.6% |
| Crecimiento FCF (anual) | | +8.6% | +27.8% | -6.4% | +35.5% | +30.3% | -7.1% | -65.4% | -36.3% | +202.2% |
| Margen Bruto | 80.2% | 77.2% | 67.9% | 64.1% | 79.7% | 91.0% | 68.4% | 33.3% | 30.1% | 43.6% |
| Margen Operativo | 54.1% | 53.5% | 46.2% | 46.2% | 60.8% | 75.1% | 45.9% | 18.5% | 16.8% | 30.7% |
| Margen EBITDA | 55.1% | 54.3% | 46.9% | 46.8% | 61.4% | 75.5% | 46.3% | 18.9% | 17.1% | 31.0% |
| Margen Neto | 31.9% | 31.2% | 32.9% | 33.6% | 44.0% | 54.6% | 31.7% | 13.8% | 13.0% | 23.0% |
| Margen FCF | 34.1% | 33.0% | 37.6% | 28.1% | 38.2% | 46.5% | 45.1% | 9.7% | 5.4% | 15.0% |
| Tasa Impositiva Efectiva | 41.1% | 41.6% | 28.9% | 27.3% | 27.6% | 27.2% | 30.9% | 25.1% | 22.8% | 25.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $11.63 | $12.46 | $15.89 | $14.90 | $20.18 | $26.08 | $24.22 | $8.42 | $5.36 | $16.10 |
| Dividendo por Acción | $1.50 | $1.58 | $1.69 | $1.99 | $2.26 | $2.63 | $2.99 | $3.09 | $2.50 | $2.49 |
| Acciones en Circulación (Básicas) | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.1M | $2.2M | $2.2M | $2.2M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 13.73% |
| Rentabilidad sobre capital invertido | 1.46% |
| Rentabilidad sobre activos | 1.46% |
| Margen bruto | 48.81% |
| Margen operativo | 35.75% |
| Margen neto | 27.02% |
Salud financiera
| Deuda / Patrimonio | 2.77 |
| Ratio corriente | 0.00 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 17.91 | 16.71 | 13.88 | 11.52 | 9.09 | 13.33 | 15.78 | 15.86 | 19.62 | 11.35 |
| P/VC | 2.60 | 2.31 | 1.98 | 1.81 | 1.58 | 2.54 | 1.53 | 1.03 | 1.28 | 1.29 |
| P/V | 5.70 | 5.22 | 4.56 | 3.87 | 4.00 | 7.28 | 5.00 | 2.19 | 2.55 | 2.62 |
| Margen Bruto | 80.2% | 77.2% | 67.9% | 64.1% | 79.7% | 91.0% | 68.4% | 33.3% | 30.1% | 43.6% |
| Margen Operativo | 54.1% | 53.5% | 46.2% | 46.2% | 60.8% | 75.1% | 45.9% | 18.5% | 16.8% | 30.7% |
| Margen Neto | 31.9% | 31.2% | 32.9% | 33.6% | 44.0% | 54.6% | 31.7% | 13.8% | 13.0% | 23.0% |