Malaga Financial Corporation Reports Record Earnings for the Third Quarter and First Nine Months of 2026

PALOS VERDES ESTATES, Calif., Oct. 16, 2026 (GLOBE NEWSWIRE) -- Malaga Financial Corporation “Company” (OTCIQ:MLGF), the parent company of Malaga Bank FSB, today reported that net income for the nine months ended September 30, 2026 was $18,028,000 ($1.82 basic and fully diluted earnings per share) compared to $16,431,000 ($1.66 basic and fully diluted earnings per share, as adjusted for the stock dividend declared on November 14, 2025) for the same period ended September 30, 2025, an increase of $1,597,000 or 10%. For the first nine months of 2026, the Company’s annualized return on average equity was 10.52% and the annualized return on average assets was 1.66%.