SI Financial Group, Inc. (SIFI) Reports Q2 EPS of $0.07
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SI Financial Group, Inc. (NASDAQ: SIFI) reported Q2 EPS of $0.07, versus ($0.01) reported last year.
"Despite the decline in net loans receivable during the quarter resulting from the slowdown in residential mortgage activity throughout our market area, we are pleased with the growth experienced in both commercial loans and home equity lines of credit during the period. In addition, the overall quality of the loan portfolio remains strong as evidenced by the reduction in the ratio of nonperforming loans to total loans of 0.52%," commented Rheo A. Brouillard, President and Chief Executive Officer.
For earnings history and earnings-related data on SI Financial Group, Inc. (SIFI) click here.
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