Marlin Business Services Corp. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s interest and fee income was $18,232,000 compared to $15,166,000 a year ago. Net interest and fee income was $16,976,000 compared to $13,037,000 a year ago. Income before income taxes was $5,997,000 compared to $2,687,000 a year ago. Net income was $3,651,000 or $0.28 per diluted share, compared to $1,649,000 or $0.28 per basic and diluted share, a year ago. Return on average assets was 1.34% compared to 2.38% a year ago. Return on average stockholders' equity was 4.02% compared to 8.35% a year ago. Interest income was $15,057,000 compared to $12,052,000 a year ago. The Board of Directors of the company declared a $0.10 per share quarterly dividend. The dividend is payable May 22, 2013, to shareholders of record on May 10, 2013. Based on the closing stock price on April 29, 2013, the annualized dividend yield on the company's common stock is 1.70%. Over the course of 2013, the company expects the tax rate to remain in the range of 39% to 40%.

Marlin Business Services Corp., Q1 2013 Earnings Call, May 01, 2013

Marlin Business Services Corp. Presents at JMP 12th Annual Research Conference, May-13-2013 03:30 PM. Venue: The Ritz-Carlton, San Francisco, 600 Stockton Street, San Francisco, CA 94108, United States. Speakers: Daniel P. Dyer, Co-Founder, Chief Executive Officer, President, Treasurer, Executive Director and Member of Senior Credit Committee, George D. Pelose, Chief Operating Officer, Executive Vice President, Secretary and Member of Senior Credit Committee.