Malaga Financial Corp (MLGF) 23.2500 $MLGF
Malaga Bank Named in the Top 25 Healthiest Banks in America for the Third Consecutive Year
BusinessWire - Tue Jun 07, 10:25AM CDT
Malaga Financial Corporation (OTCPink: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 2016 edition of its Top 200 Healthiest Banks in America. For the third consecutive year, Malaga Bank was in the top 25 from the list of over 6,100 banks across the U.S. Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States - more than 6,100 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 2016 edition of the Top 200 Healthiest Banks in America.
Malaga Financial Corporation Announces 48th Consecutive Quarterly Cash Dividend
BusinessWire - Fri May 27, 11:47AM CDT
Malaga Financial Corporation (OTCPink: MLGF) announced today the declaration of a cash dividend in the amount of 22.5 cents per share to shareholders of record on June 24, 2016. The dividend will be paid out on or about July 1, 2016. Randy C. Bowers, President and CEO, remarked, "We are pleased to announce the 22.5 cent quarterly dividend which represents a 3.93% annualized yield based on our most recent closing price of $ 22.88. Excellent asset quality and well-controlled expenses continue to produce strong earnings and we are delighted to reward our shareholders with our 48th consecutive quarterly cash dividend."
Malaga Financial Corporation Reports Increased First Quarter Earnings
BusinessWire - Mon Apr 11, 12:34PM CDT
Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2016 was $2,859,000 ($0.47 basic and fully diluted earnings per share), an increase of $110,000 or 4% from net income of $2,749,000 ($0.45 basic and fully diluted earnings per share) for the quarter ended March 31, 2015. Earnings for the three months ended March 31, 2016 resulted in a pre-tax return on average equity of 17.53%.
Malaga Financial reports 3% higher net income for Q4 2015 over Q4 2014 and USD0.2205 per share
M2 - Mon Jan 25, 8:27AM CST
Malaga Financial Corporation (OTCBB:MLGF) reported on Saturday that it recorded net income of USD2.92m or USD0.48 basic and fully diluted earnings per share for the quarter ended 31 December 2015, up by USD82,000 or 3% from the net income of USD2.84m or USD0.47 fully diluted earnings per share for the same quarter of 2014.
Malaga Financial Corporation Announces Special Year End 2015 Cash Dividend and 12.5% Increase in First Quarter 2016 Dividend
BusinessWire - Fri Nov 20, 2:06PM 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 18, 2015. The dividend will be paid on or about December 28, 2015. In addition, an increase in the quarterly dividend to 22.5 cents was declared payable to shareholders of record at the close of business on December 28, 2015 to be paid on or about January 4, 2016. Randy C. Bowers, President and CEO, remarked, "We are pleased to declare a special year end dividend in addition to an increase in the amount of our 44th consecutive quarterly dividend. This will result in total dividends paid in 2015 of 90 cents per share for a 4.15% annual yield based on a closing share price of $21.70 on November 19, 2015. This is the 4th consecutive year that we have declared a special year end dividend along with an increase in the quarterly dividend."
Malaga Financial reports stable net income for Q3 2015 year over year
M2 - Tue Oct 20, 4:05AM CDT
Malaga Financial Corporation (OTCPink:MLGF) on Monday reported that the net income for the quarter ended 30 September 2015 was USD2.829m or USD0.46 fully diluted earnings per share, an increase of USD1,000 from net income of USD2.828m or USD0.47 per fully diluted and basic share for the same quarter last year.
Malaga Financial Corporation Reports Solid 3rd Quarter Earnings
BusinessWire - Mon Oct 19, 5:32PM CDT
Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended September 30, 2015 was $2,829,000 ($0.47 basic and $0.46 fully diluted earnings per share), a decrease of $78,000 from income of $2,907,000 for the quarter ended June 30, 2015 and an increase of $1,000 from net income of $2,828,000 ($0.47 per share basic and fully diluted) for the quarter ended September 30, 2014. Net income for the nine months ended September 30, 2015 was $8,485,000 ($1.40 basic and $1.39 fully diluted earnings per share) as compared to $8,372,000 ($1.39 basic and fully diluted earnings per share) for the nine months ended September 30, 2014, a 1% increase. Net income for the first nine months of 2015 resulted in an annualized pre-tax return on average equity of 18.17%.
Umpqua Holdings Hikes Dividend: Does It Look Attractive?
Zacks Equity Research - Zacks Investment Research - Wed Sep 16, 9:20AM CDT
In an effort to enhance shareholders' value, Portland, OR- based Umpqua Holdings Corporation (UMPQ) declared a 6.7% hike in its quarterly cash dividend
UMPQ: 15.03 (-0.36), PACW: 37.86 (-1.57), LSBG: 17.17 (-0.08)
Malaga Financial declares 45th consecutive quarterly dividend of USD0.20 per share
M2 - Mon Sep 14, 8:22AM CDT
Malaga Financial Corporation (OTC Pink:MLGF) declared on Friday that it will pay a cash dividend of USD0.20 per share.
Malaga Financial Corporation Reports Increased Earnings and Solid Growth
BusinessWire - 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 Corporation Ranked Among the Top 3 Thrifts in the U.S. for the Sixth Consecutive Year
BusinessWire - 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 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 Corporation Announces 43rd Consecutive Quarterly Cash Dividend
BusinessWire - 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
BusinessWire - 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%.
Malaga Bank Named in the Top 25 Healthiest Banks in America for the Third Consecutive Year
BusinessWire - Tue Jun 07, 10:25AM CDT
Malaga Financial Corporation (OTCPink: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 2016 edition of its Top 200 Healthiest Banks in America. For the third consecutive year, Malaga Bank was in the top 25 from the list of over 6,100 banks across the U.S. Each year DepositAccounts.com evaluates the financial health of every federally insured bank in the United States - more than 6,100 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 2016 edition of the Top 200 Healthiest Banks in America.
Malaga Financial Corporation Announces 48th Consecutive Quarterly Cash Dividend
BusinessWire - Fri May 27, 11:47AM CDT
Malaga Financial Corporation (OTCPink: MLGF) announced today the declaration of a cash dividend in the amount of 22.5 cents per share to shareholders of record on June 24, 2016. The dividend will be paid out on or about July 1, 2016. Randy C. Bowers, President and CEO, remarked, "We are pleased to announce the 22.5 cent quarterly dividend which represents a 3.93% annualized yield based on our most recent closing price of $ 22.88. Excellent asset quality and well-controlled expenses continue to produce strong earnings and we are delighted to reward our shareholders with our 48th consecutive quarterly cash dividend."
Malaga Financial Corporation Reports Increased First Quarter Earnings
BusinessWire - Mon Apr 11, 12:34PM CDT
Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2016 was $2,859,000 ($0.47 basic and fully diluted earnings per share), an increase of $110,000 or 4% from net income of $2,749,000 ($0.45 basic and fully diluted earnings per share) for the quarter ended March 31, 2015. Earnings for the three months ended March 31, 2016 resulted in a pre-tax return on average equity of 17.53%.
Malaga Financial reports 3% higher net income for Q4 2015 over Q4 2014 and USD0.2205 per share
M2 - Mon Jan 25, 8:27AM CST
Malaga Financial Corporation (OTCBB:MLGF) reported on Saturday that it recorded net income of USD2.92m or USD0.48 basic and fully diluted earnings per share for the quarter ended 31 December 2015, up by USD82,000 or 3% from the net income of USD2.84m or USD0.47 fully diluted earnings per share for the same quarter of 2014.
Malaga Financial Corporation Announces Special Year End 2015 Cash Dividend and 12.5% Increase in First Quarter 2016 Dividend
BusinessWire - Fri Nov 20, 2:06PM 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 18, 2015. The dividend will be paid on or about December 28, 2015. In addition, an increase in the quarterly dividend to 22.5 cents was declared payable to shareholders of record at the close of business on December 28, 2015 to be paid on or about January 4, 2016. Randy C. Bowers, President and CEO, remarked, "We are pleased to declare a special year end dividend in addition to an increase in the amount of our 44th consecutive quarterly dividend. This will result in total dividends paid in 2015 of 90 cents per share for a 4.15% annual yield based on a closing share price of $21.70 on November 19, 2015. This is the 4th consecutive year that we have declared a special year end dividend along with an increase in the quarterly dividend."
Malaga Financial reports stable net income for Q3 2015 year over year
M2 - Tue Oct 20, 4:05AM CDT
Malaga Financial Corporation (OTCPink:MLGF) on Monday reported that the net income for the quarter ended 30 September 2015 was USD2.829m or USD0.46 fully diluted earnings per share, an increase of USD1,000 from net income of USD2.828m or USD0.47 per fully diluted and basic share for the same quarter last year.
Malaga Financial Corporation Reports Solid 3rd Quarter Earnings
BusinessWire - Mon Oct 19, 5:32PM CDT
Malaga Financial Corporation (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended September 30, 2015 was $2,829,000 ($0.47 basic and $0.46 fully diluted earnings per share), a decrease of $78,000 from income of $2,907,000 for the quarter ended June 30, 2015 and an increase of $1,000 from net income of $2,828,000 ($0.47 per share basic and fully diluted) for the quarter ended September 30, 2014. Net income for the nine months ended September 30, 2015 was $8,485,000 ($1.40 basic and $1.39 fully diluted earnings per share) as compared to $8,372,000 ($1.39 basic and fully diluted earnings per share) for the nine months ended September 30, 2014, a 1% increase. Net income for the first nine months of 2015 resulted in an annualized pre-tax return on average equity of 18.17%.
Umpqua Holdings Hikes Dividend: Does It Look Attractive?
Zacks Equity Research - Zacks Investment Research - Wed Sep 16, 9:20AM CDT
In an effort to enhance shareholders' value, Portland, OR- based Umpqua Holdings Corporation (UMPQ) declared a 6.7% hike in its quarterly cash dividend
UMPQ: 15.03 (-0.36), PACW: 37.86 (-1.57), LSBG: 17.17 (-0.08)
Malaga Financial declares 45th consecutive quarterly dividend of USD0.20 per share
M2 - Mon Sep 14, 8:22AM CDT
Malaga Financial Corporation (OTC Pink:MLGF) declared on Friday that it will pay a cash dividend of USD0.20 per share.
Malaga Financial Corporation Reports Increased Earnings and Solid Growth
BusinessWire - 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 Corporation Ranked Among the Top 3 Thrifts in the U.S. for the Sixth Consecutive Year
BusinessWire - 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 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 Corporation Announces 43rd Consecutive Quarterly Cash Dividend
BusinessWire - 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
BusinessWire - 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%.
