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HINGHAM, Mass., Oct. 11, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced results for the quarter ended September 30, 2024. Earnings Net income for the quarter ended September 30, 2024 was $5,846,000 or $2.68 per share basic and $2.66 per share diluted, as compared to $3,297,000 or $1.53 per share basic and $1.50 per share diluted for the same period last year. The Bank's annualized return on average equity for the third quarter of 2024 was 5.52%, and the annualized return on average assets was 0.54%, as compared to 3.25% and 0.31% for the same period last year. Net income per share (diluted) for the third quarter of 2024 increa
HINGHAM, Mass., July 12, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts, announced results for the quarter ended June 30, 2024. Earnings Net income for the quarter ended June 30, 2024 was $4,102,000 or $1.88 per share basic and diluted, as compared to $8,248,000 or $3.84 per share basic and $3.76 per share diluted for the same period last year. The Bank's annualized return on average equity for the second quarter of 2024 was 3.92%, and the annualized return on average assets was 0.38%, as compared to 8.27% and 0.80% for the same period last year. Net income per share (diluted) for the second quarter of 2024 decreased by
HINGHAM, Mass., April 12, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2024. Earnings Net income for the quarter ended March 31, 2024 was $6,868,000 or $3.17 per share basic and $3.13 per share diluted, as compared to $8,510,000 or $3.96 per share basic and $3.87 per share diluted for the same period last year. The Bank's annualized return on average equity for the first quarter of 2024 was 6.63%, and the annualized return on average assets was 0.63%, as compared to 8.67% and 0.82% for the same period last year. Net income per share (diluted) for the first quart
HINGHAM, Mass., Oct. 11, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced results for the quarter ended September 30, 2024. Earnings Net income for the quarter ended September 30, 2024 was $5,846,000 or $2.68 per share basic and $2.66 per share diluted, as compared to $3,297,000 or $1.53 per share basic and $1.50 per share diluted for the same period last year. The Bank's annualized return on average equity for the third quarter of 2024 was 5.52%, and the annualized return on average assets was 0.54%, as compared to 3.25% and 0.31% for the same period last year. Net income per share (diluted) for the third quarter of 2024 increa
HINGHAM, Mass., July 12, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts, announced results for the quarter ended June 30, 2024. Earnings Net income for the quarter ended June 30, 2024 was $4,102,000 or $1.88 per share basic and diluted, as compared to $8,248,000 or $3.84 per share basic and $3.76 per share diluted for the same period last year. The Bank's annualized return on average equity for the second quarter of 2024 was 3.92%, and the annualized return on average assets was 0.38%, as compared to 8.27% and 0.80% for the same period last year. Net income per share (diluted) for the second quarter of 2024 decreased by
HINGHAM, Mass., April 12, 2024 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced results for the quarter ended March 31, 2024. Earnings Net income for the quarter ended March 31, 2024 was $6,868,000 or $3.17 per share basic and $3.13 per share diluted, as compared to $8,510,000 or $3.96 per share basic and $3.87 per share diluted for the same period last year. The Bank's annualized return on average equity for the first quarter of 2024 was 6.63%, and the annualized return on average assets was 0.63%, as compared to 8.67% and 0.82% for the same period last year. Net income per share (diluted) for the first quart
HINGHAM, Mass., Oct. 13, 2023 (GLOBE NEWSWIRE) -- HINGHAM INSTITUTION FOR SAVINGS (NASDAQ:HIFS), Hingham, Massachusetts announced results for the quarter ended September 30, 2023. Earnings Net income for the quarter ended September 30, 2023 was $3,297,000 or $1.53 per share basic and $1.50 per share diluted, as compared to $10,499,000 or $4.89 per share basic and $4.77 per share diluted for the same period last year. The Bank's annualized return on average equity for the third quarter of 2023 was 3.25%, and the annualized return on average assets was 0.31%, as compared to 11.07% and 1.05% for the same period in 2022. Net income per share (diluted) for the third quarter of 202
Hingham Institution (NASDAQ:HIFS) reported quarterly earnings of $1.00 per share. This is a 45.95 percent decrease over earnings of $1.85 per share from the same period last year.
Hingham Institution (NASDAQ:HIFS) reported quarterly earnings of $1.01 per share. This is a 61.3 percent decrease over earnings of $2.61 per share from the same period last year.