Malaga Financial Corp (MLGF) 22.0000 $MLGF
Malaga Financial Corporation Announces 45th Consecutive Quarterly Cash Dividend
Business Wire - Fri Sep 11, 12:12PM CDT
Malaga Financial Corporation (OTC Pink: MLGF) announced today the declaration of a cash dividend in the amount of 20 cents per share to shareholders of record on September 25, 2015. The dividend will be paid out on or about October 2, 2015. Randy C. Bowers, President and CEO, remarked, "Our continued strong and stable financial performance has provided us the opportunity to reward our shareholders with our 45th consecutive quarterly dividend. This $.20 dividend represents a 3.64% annualized yield based on our most recent closing price of $22.00. We are also pleased to have been recognized for our financial strength with our 31st consecutive quarterly 5 star rating from Bauer Financial, Inc. We are privileged to have served the South Bay community for over 30 years and look forward to continuing to do so in the future."
Malaga Financial Corporation Reports Increased Earnings and Solid Growth
Business Wire - Mon Jul 13, 2:21PM CDT
Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended June 30, 2015 was $2,907,000 ($0.48 per share basic and fully diluted), an increase of $158,000 from income of $2,749,000 for the quarter ended March 31, 2015 and an increase of $96,000 or 3% from net income of $2,811,000 ($0.46 per share basic and fully diluted) for the quarter ended June 30, 2014. Net income for the six months ended June 30, 2015 was $5,656,000 ($0.93 basic and fully diluted earnings per share) as compared to $5,544,000 ($0.92 basic and fully diluted earnings per share) for the six months ended June 30, 2014, a 2% increase. Net income for the first six months of 2015 resulted in an annualized pre-tax return on average equity of 18.33%.
Malaga Financial declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Fri Jun 12, 10:56AM CDT
Malaga Financial Corporation Ranked Among the Top 3 Thrifts in the U.S. for the Sixth Consecutive Year
Business Wire - Tue May 26, 11:01AM CDT
Malaga Financial Corporation (OTC Pink: MLGF), the parent company of Malaga Bank FSB, today announced that for the sixth consecutive year it has been ranked among the top 3 of SNL Financials Top 100 Public Thrift rankings for 2014. SNL Financial rankings are based on six performance metrics -- core return on average assets (ROAA); core return on average equity (ROAE); three-year compound annual growth rate in tangible book value per share; efficiency ratio; non-performing loans and net charge-offs -- for the 12 month period ended December 31, 2014, which are used to determine the best overall performing public thrifts. Malaga Bank's consistently strong performance continues to be recognized at the highest levels by a variety of industry participants.
Malaga Financial Corporation Reports Increase in First Quarter Earnings
Business Wire - Wed Apr 22, 5:54PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2015 was $2,749,000 ($0.45 per share basic and fully diluted), an increase of $16,000 or 1% from net income of $2,733,000 ($0.46 per share basic and $0.45 fully diluted) for the quarter ended March 31, 2014. Net income in the first quarter resulted in a pre-tax return on average equity of 18%.
Malaga Financial declares 43rd consecutive quarterly dividend of USD0.20 per share
M2 - Mon Mar 16, 6:49AM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of a full-service community bank Malaga Bank, declared on Saturday that it will pay a cash dividend of USD0.20 per share for the 43rd consecutive quarter.
Malaga Financial Corp. declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 4:42PM CDT
Malaga Financial Corporation Announces 43rd Consecutive Quarterly Cash Dividend
Business Wire - Fri Mar 13, 4:24PM CDT
Malaga Financial Corporation (OTCBB:MLGF) Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 20 cents per share to shareholders of record on March 27, 2015. The dividend will be paid out on or about April 3, 2015. Randy C. Bowers, President and CEO, remarked, "Our continued strong earnings and capital level allow us to reward our shareholders with a 20 cent quarterly dividend which represents a 3.61% annualized yield based on our most recent closing price of $ 22.14. In addition, we are celebrating the 30th anniversary of the opening of Malaga Bank on March 14, 1985. 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
SJR: 19.52 (-0.35), GE: 24.95 (+0.27), OCR: 97.90 (-0.02), WILN: 2.00 (+0.04), DEI: 29.05 (+0.94), BLX: 24.57 (-0.09), THG: 80.53 (+0.64), VTR: 52.66 (-0.12), TEL: 60.76 (+0.53), WDR: 37.40 (-0.52), BCS: 16.03 (-0.01), BUD: 107.55 (-0.58), BMR: 18.91 (+0.42), EMN: 69.88 (-0.28), ARE: 86.23 (+1.85), WU: 18.31 (-0.10), PRA: 49.49 (+0.34), GIL: 30.39 (-0.17), PFE: 32.97 (+0.35), CUBE: 25.23 (+0.40), AHT: 7.67 (+0.13), DIS: 104.48 (+1.88), AMGN: 153.21 (+0.07), HBNC: 23.98 (+0.03), COR: 49.17 (+0.45), GLW: 17.67 (+0.06), MORN: 79.86 (+0.55), ERIE: 80.54 (+0.10), PSEC: 7.94 (-0.03), MAA: 77.67 (+1.63)
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 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 Financial Corporation Announces 45th Consecutive Quarterly Cash Dividend
Business Wire - Fri Sep 11, 12:12PM CDT
Malaga Financial Corporation (OTC Pink: MLGF) announced today the declaration of a cash dividend in the amount of 20 cents per share to shareholders of record on September 25, 2015. The dividend will be paid out on or about October 2, 2015. Randy C. Bowers, President and CEO, remarked, "Our continued strong and stable financial performance has provided us the opportunity to reward our shareholders with our 45th consecutive quarterly dividend. This $.20 dividend represents a 3.64% annualized yield based on our most recent closing price of $22.00. We are also pleased to have been recognized for our financial strength with our 31st consecutive quarterly 5 star rating from Bauer Financial, Inc. We are privileged to have served the South Bay community for over 30 years and look forward to continuing to do so in the future."
Malaga Financial Corporation Reports Increased Earnings and Solid Growth
Business Wire - Mon Jul 13, 2:21PM CDT
Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended June 30, 2015 was $2,907,000 ($0.48 per share basic and fully diluted), an increase of $158,000 from income of $2,749,000 for the quarter ended March 31, 2015 and an increase of $96,000 or 3% from net income of $2,811,000 ($0.46 per share basic and fully diluted) for the quarter ended June 30, 2014. Net income for the six months ended June 30, 2015 was $5,656,000 ($0.93 basic and fully diluted earnings per share) as compared to $5,544,000 ($0.92 basic and fully diluted earnings per share) for the six months ended June 30, 2014, a 2% increase. Net income for the first six months of 2015 resulted in an annualized pre-tax return on average equity of 18.33%.
Malaga Financial declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Fri Jun 12, 10:56AM CDT
Malaga Financial Corporation Ranked Among the Top 3 Thrifts in the U.S. for the Sixth Consecutive Year
Business Wire - Tue May 26, 11:01AM CDT
Malaga Financial Corporation (OTC Pink: MLGF), the parent company of Malaga Bank FSB, today announced that for the sixth consecutive year it has been ranked among the top 3 of SNL Financials Top 100 Public Thrift rankings for 2014. SNL Financial rankings are based on six performance metrics -- core return on average assets (ROAA); core return on average equity (ROAE); three-year compound annual growth rate in tangible book value per share; efficiency ratio; non-performing loans and net charge-offs -- for the 12 month period ended December 31, 2014, which are used to determine the best overall performing public thrifts. Malaga Bank's consistently strong performance continues to be recognized at the highest levels by a variety of industry participants.
Malaga Financial Corporation Reports Increase in First Quarter Earnings
Business Wire - Wed Apr 22, 5:54PM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2015 was $2,749,000 ($0.45 per share basic and fully diluted), an increase of $16,000 or 1% from net income of $2,733,000 ($0.46 per share basic and $0.45 fully diluted) for the quarter ended March 31, 2014. Net income in the first quarter resulted in a pre-tax return on average equity of 18%.
Malaga Financial declares 43rd consecutive quarterly dividend of USD0.20 per share
M2 - Mon Mar 16, 6:49AM CDT
Malaga Financial Corporation (OTCBB:MLGF), the parent company of a full-service community bank Malaga Bank, declared on Saturday that it will pay a cash dividend of USD0.20 per share for the 43rd consecutive quarter.
Malaga Financial Corp. declares $0.20 dividend
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 4:42PM CDT
Malaga Financial Corporation Announces 43rd Consecutive Quarterly Cash Dividend
Business Wire - Fri Mar 13, 4:24PM CDT
Malaga Financial Corporation (OTCBB:MLGF) Malaga Financial Corporation announced today the declaration of a cash dividend in the amount of 20 cents per share to shareholders of record on March 27, 2015. The dividend will be paid out on or about April 3, 2015. Randy C. Bowers, President and CEO, remarked, "Our continued strong earnings and capital level allow us to reward our shareholders with a 20 cent quarterly dividend which represents a 3.61% annualized yield based on our most recent closing price of $ 22.14. In addition, we are celebrating the 30th anniversary of the opening of Malaga Bank on March 14, 1985. 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
SJR: 19.52 (-0.35), GE: 24.95 (+0.27), OCR: 97.90 (-0.02), WILN: 2.00 (+0.04), DEI: 29.05 (+0.94), BLX: 24.57 (-0.09), THG: 80.53 (+0.64), VTR: 52.66 (-0.12), TEL: 60.76 (+0.53), WDR: 37.40 (-0.52), BCS: 16.03 (-0.01), BUD: 107.55 (-0.58), BMR: 18.91 (+0.42), EMN: 69.88 (-0.28), ARE: 86.23 (+1.85), WU: 18.31 (-0.10), PRA: 49.49 (+0.34), GIL: 30.39 (-0.17), PFE: 32.97 (+0.35), CUBE: 25.23 (+0.40), AHT: 7.67 (+0.13), DIS: 104.48 (+1.88), AMGN: 153.21 (+0.07), HBNC: 23.98 (+0.03), COR: 49.17 (+0.45), GLW: 17.67 (+0.06), MORN: 79.86 (+0.55), ERIE: 80.54 (+0.10), PSEC: 7.94 (-0.03), MAA: 77.67 (+1.63)
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 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."
