Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 3.7% Yield

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/3/2026

1. AAPL
2. PLTR
3. VRTX
4. CHKP
5. ON
6. CRWD
7. INSP
8. HNGE
9. MRVL
10. MTCH

Go back to Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 3.7% Yield

Marlin Business Services Corp. Reports First Quarter 2016 Earnings and Declares a Cash Dividend of $0.14 Per Share

April 28, 2016 4:31 PM EDT

First Quarter Financial Summary:

Total first quarter originations of $108.4 million, up 35% over Q1 2015 Total loan originations of $7.9 million, more than doubling Q4 2015 loan volumeNet income of $3.7 million with EPS of $0.29 per shareROE increased 41 basis points from prior year to 9.74%  Total loan and lease yield of 11.69% increased 30 basis points from prior quarter and 84 basis points from prior yearCredit quality remained strong with delinquencies at 85 basis points and 52 basis points for the 30+ day and 60+ day delinquencies, respectivelyNet investment in leases and loans ended the quarter at $702.1 million, up 11.8%... More