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Malaga Bank

Banking · California, United States · 75 Employees

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About

Headquarters

2514 Via Tejon, Palos Verdes Estates, Californi...

Phone Number

(310) 375-9000

Revenue

$18 Million

Stock Symbol

MLGF

Industry

Banking Finance

Who is Malaga Bank

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to perso nal and business customers. The company offers checking accounts, savings accounts, money market accounts, and certificates of deposit. It also provides business loans and lines of credit, revolving lines of credit, term loans, lease and loan consolidation, equity lines of credit, small business administration loans, and special and income property loans, as well as personal loans and overdraft lines of credit. In addition, the company offers real estate loans comprising residential, construction, commercial, and apartment loans, as well as home equity lines of credit. Further, it provides U.S. savings bond redemption, coupon redemption, wire and telephone transfer, online and mobile banking, bill payer, e-statement, direct deposits, and ATM and VISA debit cards, as well as safe deposit boxes, notary, medallion signature guarantee, trust deed note collection, night depository, bank by mail, and photocopying services. As of May 26, 2017, the company operated six offices in the South Bay area of Los Angeles. Malaga Financial Corporation was founded in 1985 and is headquartered in Palos Verdes Estates,...Read more

Malaga Bank's Social MediaPopular SearchesMalaga Financial CorpMalaga BankMalaga FinancialMalaga Bank FsbMalagaSIC Code 60,602NAICS Code 52,522Ticker OTC: MLGFShow more

Malaga Bank Org Chart

Randy Bowers
Randy Bowers

Chief Executive Officer

PhoneEmail
David Iwasaka
David Iwasaka

Vice President, Controller

PhoneEmail

PhoneEmail

PhoneEmail

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Malaga Bank Tech Stack

A closer look at the technologies used by Malaga Bank

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Most Recent Scoops

Oct 19 2022
Earnings
Sales
Oct 22 2020
Project
Implementation, Financial Systems
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Malaga Bank News & Media

  • Malaga Financial Corporation Announces 80th Consecutive Quarterly Cash Dividend

    PALOS VERDES ESTATES, Calif., May 24, 2024 (GLOBE NEWSWIRE) -- Malaga Financial Corporation (OTCPink:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on June 21, 2024. The dividend will be paid out on or about July 2, 2024. Randy C. Bowers, Chairman, President and CEO, remarked, “We are pleased to reward our loyal shareholders with this 25-cent quarterly dividend which represents a 4.43%
  • Malaga Financial Corporation Reports Strong First Quarter Earnings

    PALOS VERDES ESTATES, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Malaga Financial Corporation “Company” (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2024 was $6,012,000 ($0.67 basic and fully diluted earnings per share), an increase of $137,000 or 2% from net income of $5,875,000 ($0.65 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 9, 2023) for
  • Malaga Financial Corporation Announces 76th Consecutive Quarterly Cash Dividend

    PALOS VERDES ESTATES, Calif., May 26, 2023 (GLOBE NEWSWIRE) -- Malaga Financial Corporation (OTCPink:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on June 23, 2023. This dividend represents a 4.35% annualized yield based on our most recent closing price of $23.00. The dividend will be paid out on or about July 3, 2023. Randy C. Bowers, Chairman, President and CEO, remarked, “In
  • Malaga Financial Corporation Announces 75th Consecutive Quarterly Cash Dividend

    PALOS VERDES ESTATES, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Malaga Financial Corporation (OTCPink:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on March 24, 2023. The dividend will be paid out on or about April 3, 2023. Randy C. Bowers, Chairman, President and CEO, remarked, “We are pleased that continued strong operating results have positioned us to declare this 25 cent quarterly
  • Malaga Financial Corporation Reports Record Earnings Fourth Quarter and Year-to-Date 2022

    PALOS VERDES ESTATES, Calif., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Malaga Financial Corporation, “Company” (OTCPink:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the twelve months ended December 31, 2022 was $21,352,000 ($2.50 basic and fully diluted earnings per share) compared to $19,602,000 ($2.30 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 14, 2022) for the twelve months ended December 31, 2021,
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Frequently Asked Questions regarding Malaga Bank

Where is Malaga Bank located?
Malaga Bank's headquarters are located at 2514 Via Tejon, Palos Verdes Estates, California, 90274, United States
What is Malaga Bank's phone number?
Malaga Bank's phone number is (310) 375-9000
What is Malaga Bank's stock symbol?
Malaga Bank's stock symbol is MLGF
What is Malaga Bank's official website?
Malaga Bank's official website is www.malagabank.com
What is Malaga Bank's Revenue?
Malaga Bank's revenue is $18 Million
What is Malaga Bank's SIC code?
Malaga Bank's SIC: 60,602
What is Malaga Bank's NAICS code?
Malaga Bank's NAICS: 52,522
How many employees does Malaga Bank have?
Malaga Bank has 75 employees
What industry does Malaga Bank belong to?
Malaga Bank is in the industry of: Banking, Finance
What is Malaga Bank competition?
Malaga Bank top competitors include: Artisans' Bank, Regal Bank, SSB Wanamingo, North Shore Bank
What technology does Malaga Bank use?
Some of the popular technologies that Malaga Bank uses are: reCAPTCHA, Google Universal Analytics, New Relic Browser, Windows Server
Who is the CEO of Malaga Bank?
Malaga Bank's CEO is Randy Bowers
How do I contact Malaga Bank?
Malaga Bank contact info: Phone number: (310) 375-9000 Website: www.malagabank.com
What does Malaga Bank do?

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. The company offers checking accounts, savings accounts, money market accounts, and certificates of deposit. It also provides business loans and lines of credit, revolving line... s of credit, term loans, lease and loan consolidation, equity lines of credit, small business administration loans, and special and income property loans, as well as personal loans and overdraft lines of credit. In addition, the company offers real estate loans comprising residential, construction, commercial, and apartment loans, as well as home equity lines of credit. Further, it provides U.S. savings bond redemption, coupon redemption, wire and telephone transfer, online and mobile banking, bill payer, e-statement, direct deposits, and ATM and VISA debit cards, as well as safe deposit boxes, notary, medallion signature guarantee, trust deed note collection, night depository, bank by mail, and photocopying services. As of May 26, 2017, the company operated six offices in the South Bay area of Los Angeles. Malaga Financial Corporation was founded in 1985 and is headquartered in Palos Verdes Estates,...Read More

What are Malaga Bank social media links?
Malaga Bank Linkedin page Malaga Bank Facebook page
Is Malaga Bank a public company?
Yes, Malaga Bank is a public company and is traded under the symbol MLGF
See more information about Malaga Bank

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