HINGHAM, Mass. (AP) — HINGHAM, Mass. (AP) — Hingham Institution for Savings (HIFS) on Friday reported net income of $9.4 million in its second quarter.
The bank, based in Hingham, Massachusetts, said it had earnings of $4.28 per share. Earnings, adjusted for non-recurring gains, were $3.39 per share.
The community bank posted revenue of $54.1 million in the period. Its revenue net of interest expense was $20.8 million, exceeding Street forecasts.
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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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