Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 1.8% Yield
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Marlin Reports Second Quarter 2018 Earnings and Declares a Cash Dividend of $0.14 Per Share
August 2, 2018 5:00 PM EDTSecond Quarter Summary:
Net income of $6.5 million, or $0.52 per diluted shareNet interest and fee income of $24.1 million for the quarter, compared with $22.7 million for the second quarter last yearROE of 13.9% compared with ROE of 11.2% in the second quarter last yearNet Investment in loans and leases totaled $963.1 million, up 12% from a year ago and total managed assets ended the second quarter at $1.1 billion, up 18% from a year agoTotal origination volume (excluding leases and loans originated but referred to third parties) of $172.2 million, up 11%... More