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Malvern Bancorp, Inc. Reports Third Fiscal Quarter Earnings; Momentum Carries Malvern to net profit of $2.1 million, or $0.32 per Share

Published Thursday, August 3, 2017 11:00 am

“Our results this quarter were strong, reflecting our intense client focus and solid performance across our businesses. We are pleased to report third quarter net income of $2.1 million, which increased 30.8 percent from a year ago,” commented Anthony C. Weagley, President and Chief Executive Officer. “The quarter benefited from continued top line revenue growth, restraint of operating overhead and an improvement in the net interest margin compared to the same period in fiscal 2016.” Click here for more info.