Malvern Bancorp, Inc. Reports Third Fiscal Quarter Results
Malvern Bancorp, Inc. (MLVF)
US:NASDAQ Investor Relations:
ir.malvernfederal.com
Company Research
Source: GlobeNewswire
PAOLI, Pa., Aug. 02, 2018 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ:MLVF) (the "Company"), parent company of Malvern Bank, National Association (“Malvern” or the “Bank”), today reported operating results for the third fiscal quarter ended June 30, 2018. Net income amounted to $2.2 million or $0.35 per fully diluted common share, for the quarter ended June 30, 2018, an increase of $0.5 million, or 30.5 percent, as compared with net income of $1.7 million, or $0.27 per fully diluted common share, for the quarter ended June 30, 2017. For the nine months ended June 30, 2018, net income amounted to $4.7 million, or $0.72 per fully diluted common share, compared with net income of $3.9 million, or $0.60 per fully diluted common share, for the nine months ended June 30, 2017. “We see our third quarter results as strong and highlighted by increased revenue, net income and fully diluted earnings per common share. We continue to deliver improved profitability metrics
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