Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 7.2% Yield
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Marlin Reports Second Quarter 2020 Results and Declares a Cash Dividend of $0.14 Per Share
July 30, 2020 4:05 PM EDTSecond Quarter Summary:
Net loss of $5.9 million, or $0.50 per diluted share, compared with net income of $6.1 million, or $0.49 per diluted share a year ago and net loss of $11.8 million, or $1.00 per diluted share last quarter. Net loss on an adjusted basis* of $5.1 million, or $0.43 per diluted share, compared with net income on an adjusted basis of $6.3 million, or $0.51 per diluted share a year agoEnded the quarter with total stockholders equity of $181.0 million, book value per share of $15.16 and a consolidated equity-to-assets ratio of 15.13%Assisted... More