Malaga Financial Corp (MLGF) 21.5000 $MLGF
Malaga Financial Corporation Reports Increased Earnings in 4th Quarter
Business Wire - Fri Jan 23, 7:05PM CST
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended December 31, 2014 was $2,839,000 ($0.48 basic and $0.47 fully diluted earnings per share), an increase of $59,000 or 2% from net income of $2,780,000 ($0.47 basic and fully diluted earnings per share) for the quarter ended December 31, 2013. Net income for the twelve months ended December 31, 2014 was $11,211,000 ($1.87 basic and $1.86 fully diluted earnings per share) as compared to $11,494,000 ($1.94 basic and $1.93 fully diluted earnings per share) for the twelve months ended December 31, 2013, a 2% decrease. Earnings for the twelve months ended December 31, 2014 resulted in a pre-tax return on average equity of 19.10%.
Dividend Champions For January 2015
David Fish - at Seeking Alpha - Thu Jan 01, 3:24AM CST
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Malaga Financial declares special 2014 year end dividend of USD0.10 per share and over 14% higher dividend of USD0.20 per share for Q1 2015
M2 - Mon Dec 08, 5:46AM CST
The board of directors of Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank, authorised a special cash dividend of USD0.10 per share and a higher first quarter 2015 dividend of USD0.20 per share, the company declared on Friday.
Malaga Financial declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 05, 10:44AM CST
Malaga Financial Corporation Announces Special Year End 2014 Cash Dividend and 14%+ Increase in First Quarter 2015 Dividend
Business Wire - Fri Dec 05, 10:27AM CST
Malaga Financial Corporation (OTCBB: MLGF) announced today that its Board of Directors had declared a special cash dividend in the amount of 10 cents per share payable to shareholders of record at the close of business on December 22, 2014. The dividend will be paid on or about December 29, 2014. In addition, an increase in the quarterly dividend to 20 cents was declared payable to shareholders of record at the close of business on December 29, 2014 to be paid on or about January 6, 2015. Randy C. Bowers, President and CEO, remarked, "We are pleased to reward our loyal shareholders with a special year end dividend in addition to an increase in the amount of our 42nd consecutive quarterly dividend. This will result in total dividends paid in 2014 of 80 cents per share for a 3.90% annual yield based on a closing share price of $20.50 on December 3, 2014. We look forward to celebrating our 30th anniversary of operations during the first quarter of 2015 and continuing to serve and support the South Bay community."
Malaga Financial reports decreased net income for Q3 2014 year over year
M2 - Wed Oct 15, 5:09AM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, on Wednesday reported a net income of USD2.8m or USD0.47 per basic and fully diluted share for the quarter ended 30 September 2014, a decrease of USD118,000 or 4% from net income of USD3m or USD0.49 per fully diluted share for the same quarter ended 30 September 2013.
Malaga Financial Corporation Reports Third Quarter 2014 Net Income of $2.8 Million
Business Wire - Tue Oct 14, 6:57PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported net income for the quarter ended September 30, 2014 was $2,828,000 ($0.47 per share basic and fully diluted), an increase of $17,000 from income of $2,811,000 for the quarter ended June 30, 2014 and a decrease of $118,000 or 4% from net income of $2,946,000 ($0.50 per share basic and $0.49 per share fully diluted) for the quarter ended September 30, 2013. Net income for the nine months ended September 30, 2014 was $8,372,000 ($1.39 basic and fully diluted earnings per share) as compared to $8,714,000 ($1.47 basic and $1.46 fully diluted earnings per share) for the nine months ended September 30, 2013, a 4% decrease. Net income decreased from the prior year primarily due to an increase in allowance for loan losses resulting from growth in outstanding loans and decrease in capitalized compensation related costs due to decrease in loans originated. Net income for the first nine months of 2014 resulted in an annualized pre-tax return on average equity of 19.20%.
Malaga Financial Corporation Announces 41st Consecutive Quarterly Cash Dividend
Business Wire - Fri Sep 12, 3:13PM CDT
Malaga Financial Corporation (OTCBB:MLGF) Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 17.5 cents per share to shareholders of record on September 26, 2014. The dividend will be paid out on or about October 6, 2014. Randy C. Bowers, President and CEO, remarked "We are pleased to announce this 17.5 cent dividend, which represents a 3.50% annualized yield based on our closing price of $20.00. This will be our 41st consecutive quarterly dividend. We are also gratified to have recently been rated as the #1 Healthiest Bank in American by DepositAccounts.com, the largest and most comprehensive online publication in the U.S. dedicated to banking/savings (deposits) information for consumers."
Malaga Bank Named #1 Healthiest Bank in America
Business Wire - Tue Aug 12, 6:44PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank, FSB, today reported that DepositAccounts.com, the largest and most comprehensive online publication in the U.S. dedicated to banking/savings (deposits) information for consumers, has just released the 2014 edition of its Top 200 Healthiest Banks in America. Malaga Bank topped the list of over 6,500 banks across the U.S. Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States - more than 6,500 total. Each institution is graded on a number of factors, including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score, with DepositAccounts.com recognizing those institutions who have shown exceptional fiduciary responsibility in its 2014 edition of the Top 200 Healthiest Banks in America.
Malaga Financial Corporation Reports Second Quarter 2014 Net Income of $2.8 Million
Business Wire - Wed Jul 16, 6:15PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended June 30, 2014 was $2,811,000 ($0.46 per share basic and fully diluted), an increase of $78,000 from income of $2,733,000 for the quarter ended March 31 ,2014 and a decrease of $253,000 or 8% from net income of $3,064,000 ($0.51 per share basic and fully diluted) for the quarter ended June 30, 2013. Net income for the six months ended June 30, 2014 was $5,544,000 ($0.92 basic and fully diluted earnings per share) as compared to $5,768,000 ($0.97 basic and fully diluted earnings per share) for the six months ended June 30, 2013, a 4% decrease. Net income decreased from the prior year primarily due to decrease in net interest income and increase in other operating expense. Net income for the first six months of 2014 resulted in an annualized pre-tax return on average equity of 19.26%.
Malaga Financial Corporation Announces 40th Consecutive Quarterly Cash Dividend
Business Wire - Fri Jun 13, 2:21PM CDT
Malaga Financial Corporation (OTCBB:MLGF) Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 17.5 cents per share to shareholders of record on June 27, 2014. The dividend will be paid out on or about July 7, 2014. Randy C. Bowers, President and CEO, remarked, "Earnings and operations continue to be strong and stable and our capital levels remain high. We are pleased to reward our shareholders with a 17.5 cent quarterly dividend, which represents a 3.50% annualized yield based on our closing price yesterday of $20.00. We look forward to continuing to serve and support the South Bay community."
Malaga Financial Corporation Reports Increased Earnings in 4th Quarter
Business Wire - Fri Jan 23, 7:05PM CST
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended December 31, 2014 was $2,839,000 ($0.48 basic and $0.47 fully diluted earnings per share), an increase of $59,000 or 2% from net income of $2,780,000 ($0.47 basic and fully diluted earnings per share) for the quarter ended December 31, 2013. Net income for the twelve months ended December 31, 2014 was $11,211,000 ($1.87 basic and $1.86 fully diluted earnings per share) as compared to $11,494,000 ($1.94 basic and $1.93 fully diluted earnings per share) for the twelve months ended December 31, 2013, a 2% decrease. Earnings for the twelve months ended December 31, 2014 resulted in a pre-tax return on average equity of 19.10%.
Dividend Champions For January 2015
David Fish - at Seeking Alpha - Thu Jan 01, 3:24AM CST
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Malaga Financial declares special 2014 year end dividend of USD0.10 per share and over 14% higher dividend of USD0.20 per share for Q1 2015
M2 - Mon Dec 08, 5:46AM CST
The board of directors of Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank, authorised a special cash dividend of USD0.10 per share and a higher first quarter 2015 dividend of USD0.20 per share, the company declared on Friday.
Malaga Financial declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 05, 10:44AM CST
Malaga Financial Corporation Announces Special Year End 2014 Cash Dividend and 14%+ Increase in First Quarter 2015 Dividend
Business Wire - Fri Dec 05, 10:27AM CST
Malaga Financial Corporation (OTCBB: MLGF) announced today that its Board of Directors had declared a special cash dividend in the amount of 10 cents per share payable to shareholders of record at the close of business on December 22, 2014. The dividend will be paid on or about December 29, 2014. In addition, an increase in the quarterly dividend to 20 cents was declared payable to shareholders of record at the close of business on December 29, 2014 to be paid on or about January 6, 2015. Randy C. Bowers, President and CEO, remarked, "We are pleased to reward our loyal shareholders with a special year end dividend in addition to an increase in the amount of our 42nd consecutive quarterly dividend. This will result in total dividends paid in 2014 of 80 cents per share for a 3.90% annual yield based on a closing share price of $20.50 on December 3, 2014. We look forward to celebrating our 30th anniversary of operations during the first quarter of 2015 and continuing to serve and support the South Bay community."
Malaga Financial reports decreased net income for Q3 2014 year over year
M2 - Wed Oct 15, 5:09AM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, on Wednesday reported a net income of USD2.8m or USD0.47 per basic and fully diluted share for the quarter ended 30 September 2014, a decrease of USD118,000 or 4% from net income of USD3m or USD0.49 per fully diluted share for the same quarter ended 30 September 2013.
Malaga Financial Corporation Reports Third Quarter 2014 Net Income of $2.8 Million
Business Wire - Tue Oct 14, 6:57PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported net income for the quarter ended September 30, 2014 was $2,828,000 ($0.47 per share basic and fully diluted), an increase of $17,000 from income of $2,811,000 for the quarter ended June 30, 2014 and a decrease of $118,000 or 4% from net income of $2,946,000 ($0.50 per share basic and $0.49 per share fully diluted) for the quarter ended September 30, 2013. Net income for the nine months ended September 30, 2014 was $8,372,000 ($1.39 basic and fully diluted earnings per share) as compared to $8,714,000 ($1.47 basic and $1.46 fully diluted earnings per share) for the nine months ended September 30, 2013, a 4% decrease. Net income decreased from the prior year primarily due to an increase in allowance for loan losses resulting from growth in outstanding loans and decrease in capitalized compensation related costs due to decrease in loans originated. Net income for the first nine months of 2014 resulted in an annualized pre-tax return on average equity of 19.20%.
Malaga Financial Corporation Announces 41st Consecutive Quarterly Cash Dividend
Business Wire - Fri Sep 12, 3:13PM CDT
Malaga Financial Corporation (OTCBB:MLGF) Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 17.5 cents per share to shareholders of record on September 26, 2014. The dividend will be paid out on or about October 6, 2014. Randy C. Bowers, President and CEO, remarked "We are pleased to announce this 17.5 cent dividend, which represents a 3.50% annualized yield based on our closing price of $20.00. This will be our 41st consecutive quarterly dividend. We are also gratified to have recently been rated as the #1 Healthiest Bank in American by DepositAccounts.com, the largest and most comprehensive online publication in the U.S. dedicated to banking/savings (deposits) information for consumers."
Malaga Bank Named #1 Healthiest Bank in America
Business Wire - Tue Aug 12, 6:44PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank, FSB, today reported that DepositAccounts.com, the largest and most comprehensive online publication in the U.S. dedicated to banking/savings (deposits) information for consumers, has just released the 2014 edition of its Top 200 Healthiest Banks in America. Malaga Bank topped the list of over 6,500 banks across the U.S. Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States - more than 6,500 total. Each institution is graded on a number of factors, including capitalization, deposit growth, and loan to reserve ratios, in order to determine a comprehensive health score, with DepositAccounts.com recognizing those institutions who have shown exceptional fiduciary responsibility in its 2014 edition of the Top 200 Healthiest Banks in America.
Malaga Financial Corporation Reports Second Quarter 2014 Net Income of $2.8 Million
Business Wire - Wed Jul 16, 6:15PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended June 30, 2014 was $2,811,000 ($0.46 per share basic and fully diluted), an increase of $78,000 from income of $2,733,000 for the quarter ended March 31 ,2014 and a decrease of $253,000 or 8% from net income of $3,064,000 ($0.51 per share basic and fully diluted) for the quarter ended June 30, 2013. Net income for the six months ended June 30, 2014 was $5,544,000 ($0.92 basic and fully diluted earnings per share) as compared to $5,768,000 ($0.97 basic and fully diluted earnings per share) for the six months ended June 30, 2013, a 4% decrease. Net income decreased from the prior year primarily due to decrease in net interest income and increase in other operating expense. Net income for the first six months of 2014 resulted in an annualized pre-tax return on average equity of 19.26%.
Malaga Financial Corporation Announces 40th Consecutive Quarterly Cash Dividend
Business Wire - Fri Jun 13, 2:21PM CDT
Malaga Financial Corporation (OTCBB:MLGF) Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 17.5 cents per share to shareholders of record on June 27, 2014. The dividend will be paid out on or about July 7, 2014. Randy C. Bowers, President and CEO, remarked, "Earnings and operations continue to be strong and stable and our capital levels remain high. We are pleased to reward our shareholders with a 17.5 cent quarterly dividend, which represents a 3.50% annualized yield based on our closing price yesterday of $20.00. We look forward to continuing to serve and support the South Bay community."
