Hingham Savings: 3Q Earnings Snapshot
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.