Malvern Bancorp, Inc. (NASDAQ:MLVF) Releases Earnings Results, Beats Estimates By $0.07 EPS
Malvern Bancorp, Inc. (NASDAQ:MLVF) issued its earnings results on Wednesday. The savings and loans company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.07, MarketWatch Earnings reports. Malvern Bancorp had a return on equity of 6.35% and a net margin of 38.55%. The company had revenue of $7.21 million for the quarter.
Malvern Bancorp (NASDAQ:MLVF) traded up 0.20% during midday trading on Thursday, reaching $24.70. The company had a trading volume of 5,206 shares. The stock has a market capitalization of $158.97 million and a PE ratio of 13.36. The company has a 50-day moving average of $23.72 and a 200-day moving average of $21.91. Malvern Bancorp has a 12-month low of $15.39 and a 12-month high of $24.75.
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Separately, Sandler O’Neill began coverage on Malvern Bancorp in a report on Monday, June 19th. They issued a “hold” rating and a $24.00 target price on the stock.
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