PALOS VERDES ESTATES, Calif., April 16, 2026 (GLOBE NEWSWIRE) -- Malaga Financial Corporation “Company” (OTCIQ:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the quarter ended March 31, 2026 was $6,063,000 ($0.61 basic and fully diluted earnings per share), an increase of $659,000 or 12% from net income of $5,404,000 ($0.55 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 14, 2025) for the quarter ended March 31, 2025. For the first quarter of 2026, the Company’s annualized return on average equity was 10.77% and the annualized return on average assets was 1.69%, as compared to 10.16% and 1.55%, respectively, for the same period in 2025. Book value per share as of March 31, 2026 was $22.89.
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