SI Financial Group (SIFI) Declares $0.04 Quarterly Dividend; 1.3% Yield
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SI Financial Group, Inc. Reports Results for the Quarter Ended March 31, 2015
April 22, 2015 4:53 PM EDTWILLIMANTIC, Conn., April 22, 2015 (GLOBE NEWSWIRE) -- SI Financial Group, Inc. (the "Company") (Nasdaq: SIFI), the holding company of Savings Institute Bank and Trust Company (the "Bank"), reported net income of $921,000, or $0.07 diluted earnings per share, for the quarter ended March 31, 2015 versus $906,000, or $0.07 diluted earnings per share, for the quarter ended March 31, 2014.
Net interest income decreased $564,000 to $9.4 million for the quarter ended March 31, 2015 from $10.0 million for the quarter ended March 31, 2014. Lower net interest income was primarily due to lower rates on securities and loans and a decrease in the average balance of loans... More
