Malaga Financial (OTCMKTS:MLGF) Announces Earnings Results

Malaga Financial (OTCMKTS:MLGF) announced its earnings results on Thursday. The company reported $0.61 earnings per share for the quarter, Zacks reports.

Malaga Financial Trading Down 0.2%

MLGF stock traded down $0.04 on Thursday, hitting $21.41. The company had a trading volume of 950 shares, compared to its average volume of 2,916. Malaga Financial has a 12-month low of $19.10 and a 12-month high of $23.40. The stock’s 50-day simple moving average is $21.67 and its 200 day simple moving average is $21.74. The stock has a market cap of $211.96 million, a price-to-earnings ratio of 9.83 and a beta of 0.10.

Malaga Financial Company Profile

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits. The company also provides commercial real estate, single and multi-family residential mortgage, consumer, 14-unit investment property, construction, personal, and business loans; home equity lines of credit; and certificates of deposit.