Oriental Financial Group Reports Q4 EPS of $.08 vs. $.29

Oriental Financial Group Inc. OFG announced results for the quarter ended December 31, 2010 Income available to common shareholders of $3.9 million, or $0.08 per share, for the quarter ended December 31, 2010, compared to a loss of $75.3 million, or ($3.09) per diluted share, in the year ago quarter and a loss of $31.7 million, or ($0.70) per share in the quarter ended September 30, 2010. Book value per share increased to $14.33, up 32.5% from $10.82 a year ago and 3.9% from $13.79 at September 30, 2010. Total stockholders' equity reached $732.3 million at December 31, 2010, an increase of 122.0% from a year ago and 3.7% from September 30, 2010.