Malvern Bancorp (MLVF) Reports Q4 EPS of $0.27

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Malvern Bancorp, Inc. Reports First Quarter Operating Results

February 8, 2022 8:00 AM EST

PAOLI, Pa., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the Company), the parent company of Malvern Bank, National Association (the Bank), today reported operating results for the first fiscal quarter ended December 31, 2021. Net income for the quarter ended December 31, 2021 amounted to $2.0 million, or $0.27 per fully diluted common share, compared with $2.3 million, or $0.30 per fully diluted common share, for the quarter ended December 31, 2020. Annualized return on average assets (ROAA) was 0.69 percent for the quarter ended December 31, 2021, compared to 0.74 percent for the quarter ended December 31, 2020, and annualized return on average equity (ROAE) was 5.61 percent... More