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Stock Market & Financial Investment News

News Breaks
January 30, 2013
17:40 EDTMRLNMarlin Business reports Q4 EPS 28c, consensus 29c
Reports Q4 loan loss provision $2.37M vs. $1.19M a year ago. Reports Q4 net charge-offs $1.3M vs. $1.49M a year ago.
News For MRLN From The Last 14 Days
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February 3, 2016
09:41 EDTMRLNMarlin Business downgraded to Market Perform from Outperform at William Blair
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February 1, 2016
16:33 EDTMRLNMarlin Business reports Q4 adjusted EPS 40c, consensus 37c
Net interest and fee margin as a percentage of average finance receivables was 11.52% for the fourth quarter ended December 31, 2015, down 44 basis points from the third quarter of 2015 and down 96 basis points from a year ago. The decrease in margin percentage was a result of the downward repricing of assets, decline in fee income, change in mix, and slight increase in cost of funds. The Company's cost of funds increased to 98 basis points, compared to 89 basis points for the third quarter of 2015 and 86 basis points for the fourth quarter of 2014. The increase in cost of funds was due both to increasing leverage and increasing rates.

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