PAOLI, Pa. (AP) _ Malvern Bancorp Inc. (MLVF) on Wednesday reported fiscal second-quarter profit of $2 million.
The Paoli, Pennsylvania-based bank said it had earnings of 26 cents per share.
The holding company for Malvern Federal Savings Bank posted revenue of $12 million in the period. Its revenue net of interest expense was $7.7 million, exceeding Street forecasts.
Malvern Bancorp shares have increased nearly 8% since the beginning of the year. The stock has decreased 17% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MLVF at https://www.zacks.com/ap/MLVF