Rochester, NY 8/22/2009 2:39:50 AM
Oriental Financial Group Inc., OFG - Oriental Financial Second Quarter Profit Increase Nearly Four Fold
Oriental Financial Group Inc.
Oriental Financial Group Inc's quarterly profit nearly quadrupled, helped partly by a 25 percent rise in net interest income.
For the second quarter, the financial holding company reported income available to common stockholders of $49.7 million, or $2.04 per share, up from $13.2 million, or 54 cents a share, as to compare to the net profit during the same quarter a year ago.
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