Hingham Savings: Q1 Earnings Snapshot

HINGHAM, Mass. (AP) – HINGHAM, Mass. (AP) – Hingham Institution for Savings (HIFS) on Thursday reported net income of $8.5 million in its first quarter.

The Hingham, Massachusetts-based bank said it had earnings of $3.87 per share. Earnings, adjusted for non-recurring gains, came to $2.61 per share.

The community bank posted revenue of $44.6 million in the period. Its revenue net of interest expense was $18.7 million, beating Street forecasts.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIFS at https://www.zacks.com/ap/HIFS

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