10:00 AM EST - Equitable Group Inc. : reported fourth-quarter net income of $15.6 million or $0.96 per share, compared to $7.9 million or $0.53 per share in the same period a year ago. The company noted that net income increased due to net interest margin expansion and a one-time benefit that lowered its income taxes. Net interest margin expansion on a TEB expanded to 2.4% from 1.5% a year ago. Equitable Group Inc.
shares T.ETC are trading up $0.57 at $21.23.