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HINGHAM, Mass. (AP) — HINGHAM, Mass. (AP) — Hingham Institution for Savings (HIFS) on Friday reported net income of $7.1 million in its first quarter.

The Hingham, Massachusetts-based bank said it had earnings of $3.24 per share. Earnings, adjusted for non-recurring gains, were $2.78 per share.

The community bank posted revenue of $51.4 million in the period. Its revenue net of interest expense was $17.6 million, which topped Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIFS at https://www.zacks.com/ap/HIFS