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HIFS — Hingham Institution For Savings News Story

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Lender Hingham Institution's Q3 net income jumps, net interest margin improves

Overview

Hingham Q3 net income rises 195.1% yr/yr, driven by improved net interest margin

Net interest margin for Q3 2025 increased to 1.74% from 1.66% in prior quarter

Efficiency ratio improves to 38.26% in Q3 2025 from 62.19% last year

Outlook

Hingham Institution for Savings did not provide specific future financial guidance

Result Drivers

NET INTEREST MARGIN - Improvement driven by higher asset yields

EFFICIENCY RATIO - Improved due to rigorous cost control and operational leverage

NON-INTEREST-BEARING DEPOSITS - Growth reflects focus on deposit relationships with commercial and non-profit customers

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Loan Loss Provision$275,000
Q3 Net Interest Margin1.74%
Q3 Pretax Profit$23.1 mln
Press Release: ID:nGNX9Jz45j For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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