Hingham Institution for Savings reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 20.96 million compared to USD 27.61 million a year ago. Net income was USD 11.97 million compared to USD 16.67 million a year ago. Basic earnings per share from continuing operations was USD 5.58 compared to USD 7.78 a year ago. Diluted earnings per share from continuing operations was USD 5.44 compared to USD 7.56 a year ago.
For the full year, net interest income was USD 106.13 million compared to USD 102.47 million a year ago. Net income was USD 37.52 million compared to USD 67.46 million a year ago. Basic earnings per share from continuing operations was USD 17.49 compared to USD 31.5 a year ago. Diluted earnings per share from continuing operations was USD 17.04 compared to USD 30.65 a year ago.