Hingham Savings Reports First Quarter 2026 Results
HINGHAM, Mass., April 17, 2026 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced earnings for the quarter ended March 31, 2026. Earnings Net income for the quarter ended March 31, 2026 was $2,851,000 or $1.30 per share basic and $1.29 per share diluted, as compared to $7,124,000 or $3.27 per share basic and $3.24 per share diluted for the same period last year. The Bank's annualized return on average equity for the first quarter of 2026 was 2.33%, and the annualized return on average assets was 0.25%, as compared to 6.46% and 0.64% for the same period in last year. Net income per share (diluted) for the first quarter of 2026 decreased by