Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 4.7% Yield
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Marlin Reports Fourth Quarter and Full Year 2020 Results and Declares a Cash Dividend of $0.14 Per Share
January 28, 2021 4:05 PM ESTFourth Quarter Summary:
Net income of $15.3 million, or $1.28 per diluted share, up from $8.4 million, or $0.69 per diluted share a year ago and up from $2.7 million, or $0.23 per diluted share last quarter.Ended the quarter with total stockholders equity of $196.4 million, book value per share of $16.40 and a consolidated equity-to-assets ratio of 19.21%Total 30+ day delinquencies were 1.63%, up from 1.40% prior year, but down from 2.15% in the third quarter; annualized net charge-offs of 2.57%, compared with 4.54% in... More