Marlin Business Services (NASDAQ: MRLN) reported Q1 EPS of $0.34, $0.02 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $20.53 million versus the consensus estimate of $25.39 million.

Business OutlookThe Company is reiterating guidance for the full year ending December 31, 2017 as follows:

• Full year New Originations Funded (including both Funding Stream and Equipment Finance) is expected to finish at least 20% above 2016 levels.
• Credit quality is anticipated to remain stable and within the Company’s expected range.
• Net interest margin, as a percentage, is expected to move slightly lower in 2017 with the roll-off of higher yielding legacy leases and continued growth in lower yielding Equipment Finance channels and Franchise Finance, partially offset by expected growth in the Company’s higher yielding Funding Stream business.
• ROE is expected to grow to the low teens on an adjusted basis by the end of the fourth quarter of 2017 as strategic initiatives gain traction and the Company continues to improve operating scale.

For earnings history and earnings-related data on Marlin Business Services (MRLN) click here.