Malaga Financial (OTCMKTS:MLGF) Posts Earnings Results

Malaga Financial (OTCMKTS:MLGF) posted its quarterly earnings data on Wednesday. The company reported $0.56 earnings per share for the quarter, Zacks reports.

Malaga Financial Stock Up 0.2 %

OTCMKTS:MLGF opened at $21.16 on Friday. The stock has a market capitalization of $199.33 million, a price-to-earnings ratio of 8.81 and a beta of 0.47. Malaga Financial has a 52 week low of $21.00 and a 52 week high of $22.75. The firm has a 50 day moving average of $22.44 and a 200 day moving average of $22.59.

Malaga Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Friday, December 20th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.73%. The ex-dividend date of this dividend was Friday, December 20th. Malaga Financial’s dividend payout ratio (DPR) is presently 41.70%.

Malaga Financial Company Profile

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.