Profit Fan

More Than 150 Years Later And This Bank Will Still Make You Money

Since 1834, the Hingham Institution for Savings (NASDAQ:HIFS) has been providing banking services in Massachusetts...1834! Needless to say, anyone still in business for that amount of time has to be doing something right. In fact, why all banks don't follow in this institution's footsteps is beyond me. Their website has an open invitation for anyone to stop in one of their 10 branches and find out why they are "one of the most successful community banks in Massachusetts." Something I think they could go ahead an update to "in the world."

Please pardon the fact that the graph below doesn't go back to 1834, even so, I think it sums up the bank's revenue and per share book...

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