AP NEWS

Hingham Savings: 3Q Earnings Snapshot

October 12, 2018

HINGHAM, Mass. (AP) _ Hingham Institution for Savings (HIFS) on Friday reported third-quarter net income of $8.8 million.

The Hingham, Massachusetts-based bank said it had earnings of $4.05 per share.

The community bank posted revenue of $25.2 million in the period. Its revenue net of interest expense was $17.6 million, which beat Street forecasts.

Hingham Savings shares have increased almost 4 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $214.75, a climb of 11 percent in the last 12 months.

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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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