Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 2.5% Yield

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Go back to Marlin Business Services (MRLN) Declares $0.14 Quarterly Dividend; 2.5% Yield

Marlin Reports First Quarter 2021 Results and Declares a Cash Dividend of $0.14 Per Share

April 29, 2021 4:05 PM EDT

First Quarter Summary:

Net income of $6.9 million, or $0.57 per diluted share, up from a net loss of $11.8 million, or $1.00 per diluted share a year ago and down from net income of $15.3 million, or $1.28 per diluted share last quarterEnded the quarter with total stockholders equity of $201.7 million and a consolidated equity-to-assets ratio of 20.73%Total 30+ day delinquencies were 1.16%, down from 1.79% in the prior year and 1.63% in the fourth quarter; annualized net charge-offs of 1.67%,... More