Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 2.7% Yield
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Marlin Reports First Quarter 2019 Earnings and Declares a Cash Dividend of $0.14 Per Share
May 2, 2019 4:06 PM EDTFirst Quarter Summary:
Net income of $5.1 million, or $0.41 per diluted share down from $6.2 million, or $0.50 per diluted share a year agoNet Investment in Leases and Loans totaled $1.0 billion, up 9.9% from a year ago, and total managed assets ended the first quarter at $1.2 billion, up 19.1% from a year agoTotal sourced origination volume of $208.4 million, up 27.1% year-over-year; Direct origination volume of $43.6 million, up 41.1% year-over-yearTotal origination yield of 12.76%, up 40 basis points from the prior quarter and up 32 basis points... More