Malaga Financial (OTCMKTS:MLGF) Releases Earnings Results

Malaga Financial (OTCMKTS:MLGFGet Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.57 earnings per share (EPS) for the quarter, Zacks reports.

Malaga Financial Price Performance

OTCMKTS:MLGF opened at $21.00 on Wednesday. The company’s fifty day moving average price is $20.83 and its 200-day moving average price is $21.89. Malaga Financial has a 1-year low of $20.12 and a 1-year high of $23.75. The firm has a market capitalization of $197.90 million, a P/E ratio of 8.76 and a beta of 0.29.

Malaga Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 4.76%. The ex-dividend date was Monday, March 24th. Malaga Financial’s payout ratio is 41.67%.

Malaga Financial Company Profile

(Get Free Report)

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits.

See Also

Earnings History for Malaga Financial (OTCMKTS:MLGF)

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