Hingham Institution (HIFS) Tops Q2 EPS by 13c
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Hingham Institution (Nasdaq: HIFS) reports Q2 EPS of $0.95, 13 cents better than estimates. (NOTE - only 1 analyst)
The Bank's return on average equity for the second quarter of 2009 was 13.02%, compared to 9.99% for the same period in 2008.
Strong growth trends of recent years continued, as deposits increased to $585,914,000 representing a recent record 25.3% increase from June 30, 2008.
Loans increased to $692,274,000 representing a 10.6% increase from June 30, 2008 and total assets increased to $861,963,000 representing a 10.7% increase from June 30, 2008. [SM]
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