Hingham Reports Third Quarter 2026 Results
Hingham Institution for Savings reported Q3 2026 net income of $12.7 million, or $5.72 diluted EPS, down 27.1% YoY as prior-year equity-securities gains did not repeat. Excluding those gains, core net income was $11.9 million ($5.37 diluted EPS), up 39.1% YoY, with net interest margin expanding 49 bps YoY to 2.23% and the efficiency ratio improving to 32.81%. Credit was mixed: non-performing assets rose to 0.89% of total assets, including a $30.6 million non-performing CRE loan carrying a $3.0 million specific reserve, though the bank recorded no charge-offs in the first nine months.
Key figures
- Eps
- 5.72
- Eps Beat
- 0
- Revenue Yoy
- 0
- Nim
- 2.23%
- Net loans
- $3.918 billion
- Total assets
- $4.581 billion
- Q3 net income
- 12674000
- Q3 diluted eps
- 5.72
- Roe annualized
- 9.74%
- Core net income
- 11895000
- Core diluted eps
- 5.37
- Core eps yoy pct
- 39.1
- Efficiency ratio
- 32.81%
- Dividend per share
- 0.63
- Nim yoy change bps
- 49
- Book value per share
- 235.93
- Specific reserve cre loan
- 3000000
- Non performing assets pct assets
- 0.89%
AI analysis
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