Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 2.9% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Crude Inventory Fell 7.2 Million Barrels Last Week, Says EIA
Marlin Business Services Corp. Reports Third Quarter 2016 Earnings and Declares a Cash Dividend of $0.14 Per Share
October 27, 2016 4:31 PM EDTThird Quarter Highlights:
Total third quarter origination volume of $128.3 million, a record for a single quarter and up 25.9% year-over-yearTotal Funding Stream loan origination volume of $10.3 million, up 31.0% from the prior quarter and 4.6 times higher than a year agoNet income of $4.3 million with EPS of $0.35 per shareROE increased 15 basis points from prior year to 11.10%Total new origination loan and lease yield of 11.69% decreased 9 basis points from prior quarter and increased 70 basis points year-over-yearCredit quality remained strong with 30+ and 60+ day delinquencies at 78 basis points and 45 basis points,... More