Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 1.9% Yield

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Marlin Business Services Corp. Reports First Quarter 2018 Earnings and Declares a Cash Dividend of $0.14 Per Share

May 3, 2018 5:00 PM EDT

First Quarter Summary:

Net income of $6.2 million, or $0.50 per diluted shareNet income on an adjusted basis was also $6.2 million, or $0.50 per diluted share, an increase of 44% compared with net income on an adjusted basis of $4.3 million, or $0.34 per diluted share in the first quarter last yearNet interest and fee income of $23.8 million for the quarter, compared with $21.7 million for the first quarter last yearROE of 13.7%; ROE on an... More