Hingham Q2 net income rises 129%, core income up 239%

ReutersJul 11, 2025 8:14 PM

View all comments（0）



Overview

Hingham Institution for Savings' Q2 net income rises 129% yr/yr, core net income up 239%
Net interest margin improves to 1.66%
Total assets grow 0.4% yr/yr, focus on non-interest-bearing deposits

Outlook

Company did not provide specific guidance for future quarters or full year.
Company focuses on deposit growth and cost control strategies.
Company's operational leverage critical for generating satisfactory returns.

Result Drivers

NET INTEREST MARGIN - Improved to 1.66% due to lower cost of interest-bearing liabilities and higher yield on interest-earning assets
NON-INTEREST DEPOSITS - Growth driven by focus on commercial and non-profit customer relationships
NON-PERFORMING LOANS - Increase due to a single commercial real estate loan issue

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q2 Loan Loss Provision		$450,000
Q2 Net Interest Margin		1.66%
Q2 Pretax Profit		$12.85 mln

Press Release: ID:nGNX3Z0ZC0

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Samsung’s Largest Strike in History: Can SK Hynix and Micron Sit Back and Reap the Benefits?

TradingKey - On May 21, 61,000 union members at Samsung Electronics will launch an 18-day general strike, following a 93.1% approval vote. Government mediation between labor and management has collapsed.

Inflation 'High Fever' Fails to Stop Rally? BTC Temporarily Loses 80,000 Mark, But Arthur Hayes Sees Peak of $126,000

Higher-than-expected CPI data triggered a Bitcoin drop below $80,000, but the BitMEX co-founder remains staunchly bullish on BTC.

Today’s Market Recap: US Inflation Hits 3-Year Peak as Market Braces for Trump’s China Visit and Fed Leadership Shift

April inflation hit a three-year peak of 3.8%, pressuring the Nasdaq and tech stocks. Markets are further braced by Kevin Warsh’s Fed Chair confirmation, the maintenance of Trump’s 10% global tariffs, and a high-profile U.S. business delegation preparing for a strategic state visit to China.

Cerebras Systems IPO 2026: Date, Price, Valuation, and Whether CBRS Is Worth Buying

TradingKey - Cerebras Systems (CBRS) IPO prices May 13–14 at $125–$135/share. $26–$27B valuation, 20x oversubscribed, $510M revenue, 47% net margin, OpenAI 750MW deal. Everything you need to know.

AMD Q1 Earnings: Data Center Revenue Surges 57% Driving Results Above Estimates, Shares Rise Over 16% After Hours

TradingKey - On May 5 (ET), Advanced Micro Devices (AMD) released its first-quarter fiscal 2026 financial results after the market close. The company reported revenue of $10.253 billion, up 38% year-over-year, exceeding market expectations of $9.89 billion. Non-GAAP earnings per share (EPS) were $1.

Featured Tools