Hingham Institution for Savings reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 10.99 million compared to USD 27.3 million a year ago. Net income was USD 3.3 million compared to USD 10.5 million a year ago. Basic earnings per share from continuing operations was USD 1.53 compared to USD 4.89 a year ago. Diluted earnings per share from continuing operations was USD 1.5 compared to USD 4.77 a year ago.
For the nine months, net interest income was USD 38.93 million compared to USD 85.18 million a year ago. Net income was USD 20.06 million compared to USD 25.55 million a year ago. Basic earnings per share from continuing operations was USD 9.33 compared to USD 11.92 a year ago. Diluted earnings per share from continuing operations was USD 9.14 compared to USD 11.6 a year ago.