Hingham Savings: Q2 Earnings Snapshot
By AP News
Published - Jul 14, 2023, 04:12 PM ET
Last Updated - Jul 14, 2023, 04:12 PM EDT
HINGHAM, Mass. (AP) — HINGHAM, Mass. (AP) — Hingham Institution for Savings (HIFS) on Friday reported net income of $8.2 million in its second quarter.
The Hingham, Massachusetts-based bank said it had earnings of $3.76 per share. Earnings, adjusted for non-recurring gains, were $1.85 per share.
The community bank posted revenue of $47.7 million in the period. Its revenue net of interest expense was $18.7 million, which beat Street forecasts.
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