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PAOLI, Pa., May 10, 2021 (GLOBE NEWSWIRE) -- Malvern Bancorp, Inc. (NASDAQ: MLVF) (the “Company”), the parent company of Malvern Bank, National Association (the “Bank”), today reported operating results for the second fiscal quarter ended March 31, 2021. Net income amounted to $2.2 million, or $0.30 per fully diluted common share, compared with net income of $1.9 million, or $0.25 per fully diluted common share, for the quarter ended March 31, 2020. The increases in net income and diluted earnings per share from the second quarter of 2020 were primarily due to a decrease in provisi...

HV Bancorp, Inc. Reports 66 Cents per Share for the Quarter Ended March 31, 2021 May 07, 2021 17:14 ET | Source: HV Bancorp, Inc. HV Bancorp, Inc. Doylestown, Pennsylvania, UNITED STATES DOYLESTOWN, Pa., May 07, 2021 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the “Bank”), reported results for the Company for the quarter ended March 31, 2021.  At quarter end March 31, 2021, the Company held total assets of $595.7 million (67.5% over first quarter 2020),...

Announces Common Dividend Increase for 28th Consecutive Year Announced merger with M&T Bank Corporation, which is expected to close in the fourth quarter of 2021. Sustained excellent asset quality as evidenced by net loan charge-offs to average total loans of 12 basis points, and provision for credit losses resulting in a net benefit of $13.6 million. Maintained strong deposit inflows as period-end balances increased $1.3 billion or three percent linked-quarter. Reached agreement with Stop & Shop on the timing of the exit from all New York in-store branch and ATM locations, which will begin i...

1See Non-GAAP Financial Measures and Reconciliation to GAAP. "Our first quarter results marked a solid start to the year and further highlighted the strengths of the franchise," said Jack Barnes, Chairman and Chief Executive Officer. "In February, we announced the merger with M&T, a like-minded partner that has a similar culture, approach to service, complementary offerings, and minimal geographic overlap. This transaction will bring together two high-performing and well-respected institutions to create a leading U.S. super regional bank. The combined company will provide customers greater a...

Press release content from Globe Newswire. The AP news staff was not involved in its creation. CIB Marine Bancshares, Inc. Announces First Quarter 2021 Results CIBM BankApril 12, 2021 GMT BROOKFIELD, Wis., April 12, 2021 (GLOBE NEWSWIRE) -- CIB Marine Bancshares, Inc. (the “Company” or “CIBM”) (OTCQB: CIBH), the holding company of CIBM Bank, announced its unaudited results of operations and financial condition for the first quarter of 2021. Net income for the quarter ended March 31, 2021, was $2.1 million or $1.67 basic and $0.97 diluted earnings per share, compared to $0.8 million o...