Sector Update: Financial Shares Higher Ahead of Industrial Data


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Top Financial Shares:

JPM: +0.04%

BAC: +0.07%

WFC: flat

C: -0.10%

USB: flat

Financial shares are higher this morning. In economic data, investors are also awaiting an industrial-production report.

In financial stocks news, OneBeacon Insurance GroupOne ( OB ) reports Q3 2013 operating income was $28 million, or $0.29 per share, compared to $19 million, or $0.19 per share for Q3 2012. Total revenue was $311.5 million, down from $346 million a year prior. Book value per share of $11.13 was an increase of 3.8% for the third quarter.

Analysts expected $0.22 per share on $300 million in revenue.

And, Bank of Hawaii Corporation ( BOH ) today reported Q3 earnings per share of $0.85 down from $0.92 in the same quarter last year.

Net income for Q3 2013 was $37.7 million compared net income of $41.2 million in Q3 2012. Analysts expected $0.84 per share on $137 million in earnings.

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This article appears in: Investing , Commodities
More Headlines for: BOH , OB

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