SI Financial Group, Inc. (SIFI) Reports Q1 EPS of $0.07
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SI Financial Group, Inc. Reports Results for the Quarter Ended March 31, 2014
April 23, 2014 4:02 PM EDTWILLIMANTIC, Conn., April 23, 2014 (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 $906,000, or $0.07 basic and diluted earnings per share, for the quarter ended March 31, 2014 versus a net loss of $77,000, or $0.01 basic and diluted loss per share, for the quarter ended March 31, 2013.
The acquisition of Newport Bancorp, Inc. ("Newport") in September 2013 contributed to the higher net income for the quarter ended March 31, 2014, as a result of increases in net interest income and noninterest income and... More
