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Articles by Malvern Bancorp
First Bank and Malvern Bancorp, Inc. Complete Merger
HAMILTON, N.J. and PAOLI, Pa., July 17, 2023 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) today announced that its acquisition of Malvern Bancorp, Inc. (Nasdaq Global Market: MLVF) was completed before the open of business on July 17, 2023. The combined stock and cash transaction was valued at approximately $129.7 million and will expand First Bank’s footprint in the highly desirable New York City to Philadelphia corridor.
First Bank and Malvern Bancorp, Inc. Announce Receipt of Original
HAMILTON, N.J. and PAOLI, Pa., July 06, 2023 (GLOBE NEWSWIRE) -- First Bank (Nasdaq Global Market: FRBA) and Malvern Bancorp, Inc.
SHAREHOLDER ALERT: Weiss Law Reminds MLVF, SHBI, CBIO, and TA Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Malvern Bancorp, Inc.
SHAREHOLDER ALERT: Weiss Law Reminds OSH, INDT, MLVF, and SHBI Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Oak Street Health, Inc.
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates FRBA, TIG, MPB, MLVF
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: First Bank (NASDAQ: FRBA)'s merger with Malvern Bancorp, Inc. Under the terms of the merger, Malvern shareholders will receive 0.7733 shares of First Bank common stock and $7.80 in cash per each Malvern common share outstanding.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CVT, CNXC, FRBA, MLVF
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Cvent Holding Corp. (NASDAQ: CVT)'s sale to an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash. If you are a Cvent shareholder, click here to learn more about your rights and options.
SHAREHOLDER ALERT: Weiss Law Reminds INFI, INDT, MLVF, and SHBI Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Infinity Pharmaceuticals, Inc.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates TA, SAL, FRBA, MLVF
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: TravelCenters of America Inc. (NASDAQ: TA)'s sale to BP p.l.c. for $86.00 per share in cash. If you are a TravelCenters shareholder, click here to learn more about your rights and options. Salisbury Bancorp, Inc. (NASDAQ: SAL)'s sale to NBT Bancorp Inc.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates USX, INDT, MLVF
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: U.S. Xpress Enterprises, Inc. (NYSE: USX)'s sale to Knight-Swift Transportation Holdings Inc. for $6.15 per share in cash. If you are a U.S. Xpress shareholder, click here to learn more about your rights and options. INDUS Realty Trust, Inc.
SHAREHOLDER ALERT: Weiss Law Reminds INFI, INDT, SUMO, and MLVF Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Infinity Pharmaceuticals, Inc.
SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates DSEY, FRBA, MLVF, ANGN
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Diversey Holdings, Ltd. (NASDAQ: DSEY)'s sale to Solenis for $8.40 per share in cash. If you are a Diversey shareholder, click here to learn more about your rights and options. First Bank (NASDAQ: FRBA)'s merger with Malvern Bancorp, Inc.
SHAREHOLDER ALERT: Weiss Law Reminds INFI, INDT, DCP, and MLVF Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Infinity Pharmaceuticals, Inc.
INVESTIGATION ALERT: Halper Sadeh LLC Investigates WAFD, LBC, SAL, MLVF
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Washington Federal, Inc. (NASDAQ: WAFD)'s merger with Luther Burbank Corporation. If you are a Washington shareholder, click here to learn more about your rights and options. Luther Burbank Corporation (NASDAQ: LBC)'s sale to Washington Federal, Inc.
SHAREHOLDER ALERT: Weiss Law Reminds DCP, MLVF, SHBI, and CBIO Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.
SHAREHOLDER ALERT: Weiss Law Reminds DCP, MLVF, SHBI, and CBIO Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates SAL, MLVF, SHBI, TIG
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Salisbury Bancorp, Inc. (NASDAQ: SAL)'s sale to NBT Bancorp Inc. for 0.7450 shares of NBT common stock for each share of Salisbury. If you are a Salisbury shareholder, click here to learn more about your rights and options. Malvern Bancorp, Inc.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates LMST, IAA, SAL, MLVF
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Limestone Bancorp, Inc. (NASDAQ: LMST)'s sale to Peoples Bancorp Inc. for 0.90 shares of Peoples common stock for each share of Limestone common stock. If you are a Limestone shareholder, click here to learn more about your rights and options. IAA, Inc.
SHAREHOLDER ALERT: Weiss Law Reminds SESN, MLVF, VLON, and APEN Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Sesen Bio, Inc. (NASDAQ: SESN) Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sesen Bio, Inc.
Malvern Bancorp, Inc. Reports First Fiscal Quarter Original
PAOLI, Pa., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the first fiscal quarter ended December 31, 2022. Net income amounted to $1.9 million, or $0.25 per fully diluted common share, compared with a net income of $2.0 million, or $0.27 per fully diluted common share, for the first fiscal quarter ended December 31, 2021.
SHAREHOLDER ALERT: Weiss Law Reminds SESN, MLVF, VLON, and APEN Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Sesen Bio, Inc. (NASDAQ: SESN) Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sesen Bio, Inc.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HZNP, COUP, MLVF, TCFC
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Horizon Therapeutics plc (NASDAQ: HZNP)'s sale to Amgen Inc. for $116.50 in cash per share. If you are a Horizon shareholder, click here to learn more about your rights and options. Coupa Software Incorporated (NASDAQ: COUP)'s sale to Thoma Bravo for $81.00 in cash per share.
SHAREHOLDER ALERT: Weiss Law Reminds MLVF, VLON, APEN, and HZN Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Malvern Bancorp, Inc.
SHAREHOLDER ALERT: Weiss Law Reminds DCP, SESN, MLVF, and VLON Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.
SHAREHOLDER ALERT: Weiss Law Reminds SESN, MLVF, VLON, and APEN Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Sesen Bio, Inc. (NASDAQ: SESN) Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sesen Bio, Inc.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates HZNP, MLVF, TCFC, SHBI
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Horizon Therapeutics plc (NASDAQ: HZNP)'s sale to Amgen Inc. for $116.50 in cash per share. If you are a Horizon shareholder, click here to learn more about your rights and options. Malvern Bancorp, Inc.
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FRBA, MLVF, TCFC, SHBI
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: First Bank (NASDAQ: FRBA)'s merger with Malvern Bancorp, Inc. Under the terms of the merger, Malvern shareholders will receive 0.7733 shares of First Bank common stock and $7.80 in cash per each Malvern common share outstanding.
SHAREHOLDER ALERT: Weiss Law Reminds SESN, MLVF, VLON, and MTCR Shareholders About Its Ongoing Investigations
, /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq. Weiss Law 305 Broadway, 7th Floor New York, NY 10007 (212) 682-3025 (888) 593-4771 stockinfo@weisslawllp.com Sesen Bio, Inc. (NASDAQ: SESN) Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sesen Bio, Inc.
SHAREHOLDER ALERT: Weiss Law Investigates Malvern Bancorp, Inc.
, /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Malvern Bancorp, Inc. ("Malvern" or the "Company") (NASDAQ: MLVF), in connection with the proposed acquisition of the Company by First Bank ("First Bank") (NASDAQ: FRBA).
Malvern Bancorp, Inc. Reports Fourth Quarter and Fiscal Original
PAOLI, Pa., Dec. 02, 2022 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the fourth fiscal quarter and year ended September 30, 2022. Net income amounted to $2.6 million, or $0.34 per fully diluted common share, compared with a net loss of ($6.2) million, or ($0.82) per fully diluted common share, for the quarter ended September 30, 2021.
Malvern Bancorp, Inc. Reports Third Fiscal Quarter Original
PAOLI, Pa., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the third fiscal quarter ended June 30, 2022. Net income amounted to $1.8 million, or $0.24 per fully diluted common share, compared with $1.6 million, or $0.21 per fully diluted common share, for the quarter ended June 30, 2021.
Malvern Bancorp, Inc. Reports Second Quarter Operating Original
PAOLI, Pa., May 10, 2022 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the second fiscal quarter ended March 31, 2022. Net income amounted to $522,000, or $0.07 per fully diluted common share, compared with $2.2 million, or $0.30 per fully diluted common share, for the quarter ended March 31, 2021.
Malvern Bancorp, Inc. Announces Appointment of Sandra G. M. Original
February 11, 2022 10:00 ET | Source: Malvern Bancorp, Inc. Malvern Bancorp, Inc. Paoli, Pennsylvania, UNITED STATES PAOLI, Pa., Feb. 11, 2022 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), has announced the appointment of Sandra G. M. Selzer as Executive Vice President, General Counsel. In this role, Sandra will be overseeing the legal function of the Company and the Bank.
Malvern Bancorp, Inc. Reports First Quarter Operating
PAOLI, Pa., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the first fiscal quarter ended December 31, 2021. Net income for the quarter ended December 31, 2021 amounted to $2.0 million, or $0.27 per fully diluted common share, compared with $2.3 million, or $0.30 per fully diluted common share, for the quarter ended December 31, 2020.
Malvern Bancorp, Inc. Reports Fourth Quarter and Fiscal
PAOLI, Pa., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the fourth fiscal quarter ended September 30, 2021. The Company recorded a net loss of ($6.2) million, or ($0.82) per fully diluted common share, compared with a net loss of ($3.5) million, or ($0.46) per fully diluted common share, for the quarter ended September 30, 2020.
Malvern Bancorp, Inc. to Record Loan Write Down in Fourth Original
November 05, 2021 07:45 ET | Source: Malvern Bancorp, Inc. Malvern Bancorp, Inc. Paoli, Pennsylvania, UNITED STATES PAOLI, Pa., Nov. 05, 2021 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (the “Company”) (Nasdaq: MLVF), the holding company for Malvern Bank, National Association (the “Bank”), announced that it completed a sale to a single investor of certain problem loans. Specifically, the Company sold three loans with a book balance of $29.3 million with a write down of approximately $10.4 million.
Malvern Bank Announces Appointment of Jeffrey Steigerwalt Original
Steigerwalt will be responsible for expanding Malvern Bank’s private banking, lending, and niche marketing efforts November 04, 2021 16:30 ET | Source: Malvern Bancorp, Inc. Malvern Bancorp, Inc. Paoli, Pennsylvania, UNITED STATES PAOLI, Pa., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Malvern Bank, National Association (the “Bank” or “Malvern”), the wholly owned subsidiary of Malvern Bancorp, Inc.
Malvern Bancorp, Inc. Reports Third Fiscal Quarter 2021
PAOLI, Pa., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the third fiscal quarter ended June 30, 2021. Net income amounted to $1.6 million, or $0.21 per fully diluted common share, compared with net income of $1.5 million, or $0.19 per fully diluted common share, for the quarter ended June 30, 2020.
Malvern Bancorp, Inc. Reports Second Quarter 2021 Operating Original
PAOLI, Pa., May 10, 2021 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the second fiscal quarter ended March 31, 2021. Net income amounted to $2.2 million, or $0.30 per fully diluted common share, compared with net income of $1.9 million, or $0.25 per fully diluted common share, for the quarter ended March 31, 2020.
Malvern Bancorp, Inc. Reports Fourth Quarter and Fiscal Year End 2020 Operating Results
PAOLI, Pa., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the fourth fiscal quarter and fiscal year ended September 30, 2020.
Malvern Bank Plans to Open Private Client Representative Office in West Chester, Chester County, PA
World News: 17:34 GMT Tuesday 15th January 2019. [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Jan. 15, 2019 (GLOBE NEWSWIRE) -- Malvern Bank, National Association (the “Bank” or “Malvern”), the wholly owned subsidiary of Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), announced today that it intends to open a Private Client Representative office in West Chester, Pennsylvania, in February 2019.
Malvern Bancorp, Inc. Announces Closing of Public Offering of Common Stock
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association, announced today the closing of the Company’s previously announced underwritten public offering of 1,190,477 shares of common stock at a price to the public of $21.00 per share, resulting in gross proceeds of $25.0 million.
Malvern Bancorp, Inc. Announces Pricing of Public Offering of Common Stock
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Oct. 04, 2018 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association, announced today that on October 3, 2018, the Company priced its previously announced public offering of 1,190,477 shares of common stock at $21.00 per share for gross proceeds of $25.0 million.
Malvern Bancorp, Inc. Announces Commencement of $25.0 Million Public Offering of Common Stock
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Oct. 01, 2018 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association, announced today that it has commenced an underwritten public offering of $25.0 million of its common stock. The Company intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the Company’s common stock sold in the offering.
Malvern Bancorp, Inc. Announces New Hires for Private Banking
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Sept. 26, 2018 (GLOBE NEWSWIRE) -- (the "Company"), parent company of Malvern Bank, National Association (“Malvern” or the “Bank”), today announced the appointment of several new executives to its private banking team. George Trapnell has joined the Bank as Senior Vice President, Private Banker, in its Montchanin, Delaware and Palm Beach, Florida Private Client representative offices.
Malvern Bancorp, Inc. Reports Third Fiscal Quarter Results
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Aug. 02, 2018 (GLOBE NEWSWIRE) -- (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.
Malvern Bancorp, Inc. Reports Second Fiscal Quarter Results
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., April 25, 2018 (GLOBE NEWSWIRE) -- (NASDAQ:MLVF) (the "Company"), parent company of Malvern Bank, National Association (“Malvern” or the “Bank”), today reported operating results for the second fiscal quarter ended March 31, 2018.
Malvern Bancorp, Inc. Announces Conversion of Malvern Federal Savings Bank to a National Bank Charter Under the Name “Malvern Bank, National Association”
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Feb.
Malvern Bancorp, Inc. Reports First Fiscal Quarter Results
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Jan. 31, 2018 (GLOBE NEWSWIRE) -- (NASDAQ:MLVF) (the "Company"), parent company of Malvern Federal Savings Bank (“Malvern” or the “Bank”), today reported operating results for the first fiscal quarter ended December 31, 2017.
Malvern Federal Savings Bank Announces New Private Banking Officer and New Private Banking Office in Suburban Wilmington, DE
World News: . [Malvern Bancorp, Inc. via Globe Newswire via SPi World News] PAOLI, Pa., Aug. 29, 2017 (GLOBE NEWSWIRE) -- (the “Bank”, "Malvern"), the wholly owned subsidiary of Malvern Bancorp, Inc. (NASDAQ:MLVF), today announced the appointment of Andrea Cho as Senior Vice President, Private Banking of Malvern. The Bank also announced that it intends to open a Private Banking office in Montchanin, DE in September 2017. The new private banking office will be located at 10 W. Rockland Road.
Malvern Bancorp, Inc. (NASDAQ:MLVF) Announces Earnings Results, Beats Estimates By $0.07 EPS
Malvern Bancorp, Inc. (NASDAQ:MLVF) released its quarterly earnings results on Wednesday. The savings and loans company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.07, MarketWatch Earnings reports. The business had revenue of $7.21 million for the quarter. Malvern Bancorp had a net margin of 38.55% and a return on equity of 6.35%. Shares of Malvern Bancorp (MLVF) remained flat at $24.70 on Friday. 2,042 shares of the company were exchanged.
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