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Malvern Bancorp: Fiscal 3Q Earnings Snapshot

July 31, 2019

PAOLI, Pa. (AP) _ Malvern Bancorp Inc. (MLVF) on Wednesday reported fiscal third-quarter net income of $2.7 million.

The bank, based in Paoli, Pennsylvania, said it had earnings of 35 cents per share.

The holding company for Malvern Federal Savings Bank posted revenue of $12.9 million in the period. Its revenue net of interest expense was $7.9 million, topping Street forecasts.

Malvern Bancorp shares have risen 11% since the beginning of the year. The stock has dropped 11% in the last 12 months.

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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

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