Marlin Business Services (MRLN) Misses Q4 EPS by 3c

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Marlin Reports Fourth Quarter 2018 Earnings and Declares a Cash Dividend of $0.14 Per Share

January 31, 2019 4:15 PM EST

Fourth Quarter Summary:

Net income of $6.4 million, or $0.51 per diluted share down from $15.9 million, or $1.27 per diluted share a year agoNet income on an adjusted basis of $6.4 million, or $0.51 per diluted share, increased 8.5% compared with net income on an adjusted basis of $5.9 million, or $0.47 per diluted share in the fourth quarter last yearNet Investment in Leases and Loans totaled $1.0 billion, up 9.4% from a year ago and total managed assets ended the fourth quarter at $1.2 billion, up 17.8% from a year agoTotal Sourced... More