HINGHAM, Mass., Nov. 3, 2014 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (Nasdaq:HIFS) announced today that it has been named to Sandler O'Neill + Partners' 2014 Bank and Thrift Sm-All Stars List. The annual list recognizes high-performing small-cap banks and thrifts across the country.
President Robert H. Gaughen Jr. stated, "We are pleased that Sandler O'Neill + Partners has once again recognized our superior performance. More important than performance in any one year, however, is our record of compounding capital over time. We have always been focused on the long-term creation of value at Hingham. On this measure, our team continues to set a very high bar. We remain committed to the disciplined underwriting, industry-leading cost controls, and careful capital allocation that have produced enduring value over time for our owners."
Sandler O'Neill + Partners evaluated nearly 450 publicly traded banks and thrifts to identify the top-performing small-cap financial institutions in the nation. The firm evaluated financial institutions based on growth, profitability, asset quality, and capital. Based on these criteria, 35 banks and thrifts were selected for the 2014 Bank and Thrift Sm-All Stars List. Sandler O'Neill + Partners is a full-service investment banking firm and broker-dealer focused on the financial services sector.
Incorporated in 1834, Hingham Institution for Savings is one of the oldest financial institutions in the Commonwealth of Massachusetts. The Bank's main offices are located on Main Street, Hingham, Massachusetts 02043, phone (781) 749-2200. The Bank also maintains branch offices in South Hingham and the neighboring towns of Cohasset, Hull, Norwell, Scituate and Weymouth, as well as branches in the South End of Boston, on Beacon Hill, and on the island of Nantucket.
The Bank's shares of common stock are listed and traded on The Nasdaq Stock Market under the symbol HIFS.
CONTACT: Robert A. Bogart, Vice President & Treasurer (781) 749-2200Source:Hingham Institution for Savings