Hingham Institution for Savings slides after Q1 results

Hingham Institution For Savings

20/04/2026 18:11

** Hingham Institution for Savings HIFS.O shares fell 11.2% to $273.12

** The community lender late Friday reported Q1 profit of $1.29 per share, a 60% slump from a year ago, due to equity securities losses

** Excluding those losses, core EPS jumped 72.3% to $4.79

** Non-performing loans increased to 0.97% of total loan portfolio from 0.80% at the end of 2025

** That included a commercial real estate loan with $30.6 million outstanding balance secured by an entitled development site for a significant multifamily development in Washington, D.C. - HIFS

** As of last close, HIFS stock up 8.6% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))