Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 3.2% Yield
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Marlin Business Services Corp. Reports Third Quarter 2015 Earnings and a Cash Dividend of $0.14 Per Share
November 2, 2015 5:00 PM ESTThird Quarter Highlights:
Net income of $4.8 million, EPS of $0.38 per share Net investments in leases and loans of $659 million, up 6.6% year-over-year Return on average equity of 10.95% for the third quarter Risk adjusted net interest and fee margin of 10.72% for the quarter $100.5 million of lease and loan volume originated, up 22% year-over-year $580 million of insured deposits, up 8.4% year-over-year $2.00 per share special dividend declared during the third quarter Capital position remains strong, equity to assets ratio of 19.14%MOUNT LAUREL, N.J., Nov. 2, 2015 (GLOBE NEWSWIRE) -- Marlin Business Services... More
