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Hingham Institution for Savings Q1 FY26 net income drops 60.2% to $2.9 million
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Hingham Institution for Savings Q1 FY26 net income drops 60.2% to $2.9 million
  • Hingham Institution for Savings posted first-quarter 2026 net income of $2.9 million, down 60.2%, with diluted EPS of $1.29.
  • Revenue swung to a loss of $9.6 million from equity-securities marks, while net interest income rose to $22.1 million.
  • Net interest margin widened 54 basis points to 2.04%, due to growth in non-interest-bearing deposits and lower funding costs.
  • Total assets edged up to $4.5 billion, while non-performing assets climbed to 0.87% of total assets.
  • Management said core returns continued to improve on sustained margin expansion, driven by asset repricing and falling funding costs.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hingham Institution for Savings published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604171601PRIMZONEFULLFEED9692130) on April 17, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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