Malaga Financial Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Randy C. Bowers
- Full Time Employees
- 74
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 2514 Via Tejon Palos Verdes Estates CA United States of America 90274
- IPO Date
- Feb 28, 1996
- Website
- malagabank.com
- Similar Companies
- Business
- Malaga Financial Corporation (OTCPink: MLGF) operates as the holding company for Malaga Bank FSB, a full-service community bank headquartered in Palos Verdes Estates, California, on the Palos Verdes Peninsula; the bank was founded in 1985 and maintains branch offices in the Peninsula, Torrance, and San Pedro, serving individuals, small-to-midsize businesses, professionals, and nonprofit organizations primarily in the South Bay areas of Los Angeles and Orange Counties. Malaga Bank provides deposit products including checking accounts, savings accounts, money market accounts, and certificates of deposit, along with digital wallet services; it offers lending solutions such as business loans and lines of credit, revolving lines of credit, term loans, equity lines of credit, income property loans, specialty lending, multifamily loans, 1-4 unit investment property loans, commercial real estate loans, and home equity lines of credit, with a specialization in apartment, commercial, and investment real estate financing in Southern California as a portfolio lender. The bank also delivers tailored business banking for professionals and nonprofit banking solutions featuring interest-earning checking, unlimited check writing, and no monthly service fees, supported by local decision-making and relationship-based service. In recent developments, Malaga Financial Corporation announced its 85th consecutive quarterly cash dividend of $0.25 per share on September 12, 2025, payable in October 2025, alongside record earnings reports including net income of $16.4 million for the first nine months of 2025 as of October 9, 2025; the company declared a special 5% year-end stock dividend payable December 31, 2024, to shareholders of record December 20, 2024, in addition to its first quarter 2025 cash dividend, marking the continuation of annual special dividends. Furthermore, BauerFinancial awarded Malaga Bank its highest 5-Star Superior rating for the 70th consecutive quarter in June 2025, reflecting ongoing financial strength; the board saw the retirement of founding director Leo Lee with two new appointments in 2025, while the loan portfolio stood at $1.212 billion as of September 30, 2025.
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Malaga Financial Corporation Announces 88th Consecutive Quarterly Cash Dividend
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Malaga Financial Corporation Announces Special Year End 2025 Stock Dividend in Addition to First Quarter 2026 Cash Dividend
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Malaga Financial Corporation Announces 85th Consecutive Quarterly Cash Dividend
Malaga Financial Corporation Reports Earnings for the First Six Months of 2025
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Malaga Financial Corporation Announces Special Year-End 2024 Stock Dividend in Addition to First Quarter 2025 Cash Dividend