Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 8% Yield

Go back to Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 8% Yield

Marlin Reports Third Quarter 2020 Results and Declares a Cash Dividend of $0.14 Per Share

October 29, 2020 4:05 PM EDT

Third Quarter Summary:

Net income of $2.7 million, or $0.23 per diluted share, compared with net income of $7.4 million, or $0.60 per diluted share a year ago and net loss of $5.9 million, or $0.50 per diluted share last quarter. Net income on an adjusted basis* of $3.2 million, or $0.27 per diluted share, compared with net income on an adjusted basis of $7.4 million, or $0.60 per diluted share a year agoEnded the quarter with total stockholders equity of $182.4 million, book value per share of $15.23 and a consolidated... More