Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 2.7% Yield
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Marlin Reports Fourth Quarter and Full Year 2019 Earnings and Declares a Cash Dividend of $0.14 Per Share
January 30, 2020 4:27 PM ESTFourth Quarter Summary:
Net income of $8.4 million, or $0.69 per diluted share, up 31.0% from $6.4 million, or $0.51 per diluted share a year ago and up from $7.4 million, or $0.60 per diluted share last quarterTotal sourced origination volume of $236.5 million, up 9.3% year-over-year; Direct origination volume of $50.4 million, up 24.9% year-over-yearNet Investment in Leases and Loans totaled $1.0 billion, relatively flat from a year ago, and total managed assets ended the fourth quarter at $1.3 billion, up 15.7% from a year agoTotal origination yield... More