Oriental Financial Group Inc.
Oriental Financial Group Reports Second Quarter Earnings of $2.04 Per Diluted Common Share
Published in Law and Health Weekly, August 8th, 2009
Oriental Financial Group Inc. (NYSE: OFG) reported income available to common shareholders of $49.7 million for the second quarter ended June 30, 2009. This represented higher returns on average assets of 3.05% and average common equity of 80.89%, compared with 0.95% and 20.65%, respectively, in the second quarter of 2008. Diluted earnings per common share increased to $2.04 from $0.54 in the year ago quarter. Highlights Pre-tax operating income (net interest income, core non-interest income from banking and financial service revenues, less non-interest expenses) of approximately $17.3 million - an increase when compared to the $13.0 million-to-$14.8 million range the Group has generated...
Want to see the full article?
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Law and Health Weekly
More Articles from Law and Health Weekly
- A.P. Pharma, Inc.
A.P. Pharma Receives Nasdaq Notice of Non-Compliance; Company to Request Hearing - AAUW
AAUW Supports Confirmation of Judge Sotomayor - Acacia Research Corporation
Acacia Research Reports Second Quarter 2009 Financial Results - Addus HomeCare Corporation
Addus HomeCare Corporation Files Registration Statement - Agile IP
Agile IP Protects RedZebra's 'Tamper Proof' Pictures - American Academy of Actuaries
Actuaries: Federal Long-Term Care Legislation Falls Short on Coverage Goals - More from this issue of Law and Health Weekly
NewsRx is Social
Follow us on your favorite social network by clicking on a button below:
Top Medical Newsletters
Awards
Best Health/Healthcare Content, 2012
Best Health/Healthcare Content, 2011
Best e-Business Site, 2010
Best e-Business Site, 2009
Best e-Business Site, 2008
Best e-Business Site, 2007
Best e-Business Site, 2006
Best Healthcare Content, 2005
Best Overall Internet Site, 2005
Best Interactive Site, 2005
Facts & Stats
NewsRx also is available at LexisNexis, Gale, ProQuest, Factiva, Dialog, Thomson Reuters, NewsEdge, and Dow Jones.
- Google 2010 PageRank: #2 Among Top Health News and Media Publications
- Google 2010 PageRank: #2 Among Top Science Publications in Biology/Physiology
- Google 2010 PageRank: #2 Among Top News and Media for the Business of Pharmaceuticals
- Amazon's Alexa 2010 PageRank: #2 News and Media Site for the Pharmaceutical Industry
