Malvern Bancorp: Fiscal 3Q Earnings Snapshot
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.