HINGHAM, Mass. (AP) — HINGHAM, Mass. (AP) — Hingham Institution for Savings (HIFS) on Friday reported net income of $25.4 million in its second quarter.
The bank, based in Hingham, Massachusetts, said it had earnings of $11.49 per share. Earnings, adjusted for non-recurring gains, were $4.82 per share.
The community bank posted revenue of $72.2 million in the period. Its revenue net of interest expense was $42.9 million, beating Street forecasts.
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