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
Industry State commercial banks
Sub-IndustrySpecialized Finance
SectorFinance
SymbolNASDAQ:MRLN
CUSIP57115710
Phone888-479-9111
Debt
Debt-to-Equity RatioN/A
Current Ratio0.11
Quick Ratio0.11
Price-To-Earnings
Trailing P/E Ratio20.03
Forward P/E Ratio14.38
P/E GrowthN/A
Sales & Book Value
Annual Sales$119.05 million
Price / Sales3.13
Cash Flow$2.6499 per share
Price / Cash11.34
Book Value$14.36 per share
Price / Book2.09
Profitability
EPS (Most Recent Fiscal Year)$1.50
Net Income$25.29 million
Net Margins26.17%
Return on Equity11.98%
Return on Assets2.02%
Miscellaneous
Employees330
Outstanding Shares12,420,000
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, May 3rd. Shareholders of record on Monday, May 14th will be given a dividend of $0.14 per share on Thursday, May 24th. This represents a $0.56 annualized dividend and a dividend yield of 1.86%. The ex-dividend date of this dividend is Friday, May 11th. 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 approved a share buyback plan on Sunday, June 4th 2017, which allows the company to buyback $10,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 3.2% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.
How were Marlin Business Services' earnings last quarter?
Marlin Business Services Corp. (NASDAQ:MRLN) posted its earnings results on Thursday, May, 3rd. The financial services provider reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.11. The financial services provider earned $23.84 million during the quarter, compared to analysts' expectations of $27.70 million. Marlin Business Services had a return on equity of 11.98% and a net margin of 26.17%. View Marlin Business Services' Earnings History.
When is Marlin Business Services' next earnings date?
What price target have analysts set for MRLN?
1 analysts have issued 1 year price objectives for Marlin Business Services' shares. Their forecasts range from $29.00 to $29.00. On average, they expect Marlin Business Services' share price to reach $29.00 in the next twelve months. 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 1st Source (SRCE), Boston Private Financial (BPFH), State Bank Financial (STBZ), FB Financial (FBK), Enterprise Financial Services (EFSC), Lakeland Financial (LKFN), First Bancorp (FBNC), Live Oak Bancshares (LOB), Southside Bancshares (SBSI), Triumph Bancorp (TBK), Washington Trust Bancorp (WASH), MainSource Financial Group (MSFG), Lakeland Bancorp (LBAI), Bryn Mawr Bank (BMTC) and Customers Bancorp (CUBI).
Who are Marlin Business Services' key executives?
Marlin Business Services' management team includes the folowing people:
- Mr. Jeffrey A. Hilzinger, Chief Exec. Officer, Pres and Director
- Mr. W. Taylor Kamp Jr., Sr. VP & CFO (Age 57)
- Mr. Edward Ralph Dietz Jr., Sr. VP of Admin., Gen. Counsel and Sec. (Age 43)
- Mr. Louis E. Maslowe, Chief Credit Officer and Sr. VP
- Mr. Mark Scardigli, Sr. VP & Chief Sales Officer
Has Marlin Business Services been receiving favorable news coverage?
News headlines about MRLN stock have been trending somewhat negative on Thursday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Marlin Business Services earned a media sentiment score of -0.06 on Accern's scale. They also assigned media coverage about the financial services provider an impact score of 46.84 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Marlin Business Services' major shareholders?
Marlin Business Services' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.42%), BlackRock Inc. (4.97%), JPMorgan Chase & Co. (0.90%), Tieton Capital Management LLC (0.89%), Kestrel Investment Management Corp (0.82%) and Federated Investors Inc. PA (0.81%). Company insiders that own Marlin Business Services stock include Edward John Siciliano, Edward Ralph Jr Dietz, James Sherlock, James W Wert and Willem Mesdag. View Institutional Ownership Trends for Marlin Business Services.
Which institutional investors are selling Marlin Business Services stock?
MRLN stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Russell Investments Group Ltd., JPMorgan Chase & Co., California Public Employees Retirement System, Kestrel Investment Management Corp, Dimensional Fund Advisors LP, BlackRock Inc. and Tieton Capital Management LLC. Company insiders that have sold Marlin Business Services company stock in the last year include Edward Ralph Jr Dietz, James Sherlock and James W Wert. View Insider Buying and Selling for Marlin Business Services.
Which institutional investors are buying Marlin Business Services stock?
MRLN stock was acquired by a variety of institutional investors in the last quarter, including WCM Investment Management CA, Federated Investors Inc. PA, Schwab Charles Investment Management Inc., Monarch Partners Asset Management LLC, MetLife Investment Advisors LLC and Hancock Holding Co.. View Insider Buying and Selling for Marlin Business Services.
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 $30.05.
How big of a company is Marlin Business Services?
Marlin Business Services has a market capitalization of $373.85 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.
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 (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.
