Marlin Business Services Corp., through its subsidiaries, provides equipment financing solutions to small and mid-sized businesses in the United States. It finances approximately 100 categories of equipment, including commercial and industrial, restaurant, auto, medical, VOIP, and printing equipment, as well as computer software, copiers, cash registers, dental implant systems, and other commercial equipment. The company also offers property insurance coverage for its financed equipment; and operates a commercial bank that issues certificates of deposit and money market demand accounts, as well as provides small business loans. Marlin Business Services Corp. provides its solutions through a network of independent commercial equipment dealers and national account programs, as well as through direct solicitation and relationships with select lease and loan brokers. The company was founded in 1997 and is based in Mount Laurel, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustrySpecialized Finance
SectorFinance
SymbolNASDAQ:MRLN
CUSIP57115710
Phone888-479-9111
Debt
Debt-to-Equity RatioN/A
Current Ratio0.12
Quick Ratio0.12
Price-To-Earnings
Trailing P/E Ratio18.73
Forward P/E Ratio13.97
P/E GrowthN/A
Sales & Book Value
Annual Sales$119.05 million
Price / Sales2.95
Cash Flow$2.5952 per share
Price / Cash10.87
Book Value$14.36 per share
Price / Book1.96
Profitability
EPS (Most Recent Fiscal Year)$1.50
Net Income$25.29 million
Net Margins26.20%
Return on Equity12.48%
Return on Assets2.12%
Miscellaneous
Employees330
Outstanding Shares12,440,000
Market Cap$358.86 million
Marlin Business Services (NASDAQ:MRLN) Frequently Asked Questions
What is Marlin Business Services' stock symbol?
Marlin Business Services trades on the NASDAQ under the ticker symbol "MRLN."
How often does Marlin Business Services pay dividends? What is the dividend yield for Marlin Business Services?
Marlin Business Services announced a quarterly dividend on Thursday, August 2nd. Shareholders of record on Monday, August 13th will be given a dividend of $0.14 per share on Thursday, August 23rd. This represents a $0.56 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend is Friday, August 10th. This is a boost from Marlin Business Services's previous quarterly dividend of $0.11. View Marlin Business Services' Dividend History.
How will Marlin Business Services' stock buyback program work?
Marlin Business Services announced that its Board of Directors has authorized a share buyback program on Sunday, June 4th 2017, which authorizes the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.2% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.
How were Marlin Business Services' earnings last quarter?
Marlin Business Services Corp. (NASDAQ:MRLN) announced its quarterly earnings data on Thursday, August, 2nd. The financial services provider reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.01. The financial services provider had revenue of $24.13 million for the quarter, compared to the consensus estimate of $24.10 million. Marlin Business Services had a return on equity of 12.48% and a net margin of 26.20%. View Marlin Business Services' Earnings History.
When is Marlin Business Services' next earnings date?
What price target have analysts set for MRLN?
1 equities research analysts have issued 12 month price objectives for Marlin Business Services' shares. Their forecasts range from $29.00 to $29.00. On average, they anticipate Marlin Business Services' share price to reach $29.00 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price. View Analyst Price Targets for Marlin Business Services.
What is the consensus analysts' recommendation for Marlin Business Services?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marlin Business Services in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marlin Business Services.
Who are some of Marlin Business Services' key competitors?
Some companies that are related to Marlin Business Services include Seacoast Banking Co. of Florida (SBCF), 1st Source (SRCE), Enterprise Financial Services (EFSC), Southside Bancshares (SBSI), First Bancorp (FBNC), FB Financial (FBK), State Bank Financial (STBZ), Lakeland Financial (LKFN), TriCo Bancshares (TCBK), Boston Private Financial (BPFH), Live Oak Bancshares (LOB), MainSource Financial Group (MSFG), Triumph Bancorp (TBK), Republic Bancorp, Inc. KY (RBCAA) and Washington Trust Bancorp (WASH).
Who are Marlin Business Services' key executives?
Marlin Business Services' management team includes the folowing people:
- Mr. Jeffrey A. Hilzinger, Pres & Chief Exec. Officer (Age 60)
- Mr. W. Taylor Kamp Jr., Sr. VP & CFO (Age 57)
- Mr. Edward R. Dietz Jr., Sr. VP of Admin., Gen. Counsel & Sec. (Age 43)
- Mr. Louis E. Maslowe, Chief Credit Officer & Sr. VP (Age 55)
- Mr. Gregory Le Sting, Sr. VP & COO
How do I buy shares of Marlin Business Services?
Shares of MRLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Marlin Business Services' stock price today?
One share of MRLN stock can currently be purchased for approximately $28.21.
How big of a company is Marlin Business Services?
Marlin Business Services has a market capitalization of $358.86 million and generates $119.05 million in revenue each year. The financial services provider earns $25.29 million in net income (profit) each year or $1.50 on an earnings per share basis. Marlin Business Services employs 330 workers across the globe.
What is Marlin Business Services' official website?
How can I contact Marlin Business Services?
Marlin Business Services' mailing address is 300 FELLOWSHIP ROAD, MT. LAUREL NJ, 08054. The financial services provider can be reached via phone at 888-479-9111 or via email at [email protected]
MarketBeat Community Rating for Marlin Business Services (NASDAQ MRLN)
MarketBeat's community ratings are surveys of what our community members think about Marlin Business Services and other stocks. Vote "Outperform" if you believe MRLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
