Hingham Savings: Q3 Earnings Snapshot
By AP News
Published - Oct 11, 2024, 04:09 PM ET
Last Updated - Dec 16, 2024, 06:25 PM EST
HINGHAM, Mass. (AP) — HINGHAM, Mass. (AP) — Hingham Institution for Savings (HIFS) on Friday reported net income of $5.8 million in its third quarter.
The bank, based in Hingham, Massachusetts, said it had earnings of $2.66 per share. Earnings, adjusted for non-recurring gains, came to $1.44 per share.
The community bank posted revenue of $53.2 million in the period. Its revenue net of interest expense was $15.2 million, which beat Street forecasts.
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