Malvern Bancorp posts 1Q profit
Malvern Bancorp posts 1st-quarter profit of $1.2 million
PAOLI, Pa. (AP) _ Malvern Bancorp Inc. (MLVF) on Wednesday reported fiscal first-quarter earnings of $1.2 million.
The bank, based in Paoli, Pennsylvania, said it had earnings of 18 cents per share.
The holding company for Malvern Federal Savings Bank posted revenue of $7.6 million in the period. Its adjusted revenue was $5.7 million.
Malvern Bancorp shares have decreased nearly 3 percent since the beginning of the year. The stock has climbed 24 percent 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
_____
Keywords: Malvern Bancorp, Earnings Report