No insider purchase over the last 90 days. The latest was filed 06 Jul 2023.
Malvern Bancorp, Inc. belongs to the Finance & Banking sector. Filings by its managers are published through SEC (Form 4). No insider at Malvern Bancorp, Inc. has published a filing in the past twelve months. The most recent one dates from 17 July 2023.
Over the whole record (from 2016), the tally stands at 167 purchases and no sales.
Other companies in the same sector with recent insider buying flagged by our signals: First Guaranty Bancshares, Inc. and BCB Bancorp Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended September 2022 · cache
25 of 191 declarations
Malvern Bancorp, Inc. (ticker: MLVF) was a U.S. bank holding company listed on the Nasdaq Global Market, operating in the financials sector before being acquired by First Bank on July 17, 2023. For investors in France, Belgium and Switzerland, it should be viewed as a small regional banking franchise in the United States, historically focused on Pennsylvania and New Jersey. Its operating headquarters were in Paoli, Pennsylvania, in the Philadelphia suburbs, and the institution traced its roots back to 1887, making it one of the older banks on the Philadelphia Main Line. ([globenewswire.com](https://www.globenewswire.com/news-release/2018/02/09/1338442/0/en/Malvern-Bancorp-Inc-Announces-Conversion-of-Malvern-Federal-Savings-Bank-to-a-National-Bank-Charter-Under-the-Name-Malvern-Bank-National-Association.html))
Malvern’s business model was the familiar community/regional bank mix of deposits and lending, with a notable emphasis on real estate credit. The bank gathered deposits from consumers and businesses and redeployed those funds into commercial and multi-family real estate loans, one- to four-family residential mortgages, construction and development lending, commercial business loans, home equity products, and other consumer loans. It also maintained an investment securities portfolio, primarily consisting of corporate bonds, mortgage-backed securities, U.S. agency securities, and bank-qualified municipal obligations. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1550603/000156459021003221/mlvf-10k_20200930.htm?utm_source=openai))
On the product and service side, Malvern aimed to differentiate itself through personalized service rather than scale. In 2018, it converted its thrift subsidiary into a national bank under the name Malvern Bank, National Association, and management explicitly framed the move as one that better aligned the charter with the company’s business plan and preserved a 131-year legacy. The bank served customers from Paoli, multiple branches in Pennsylvania, a regional headquarters in Morristown, New Jersey, and representative offices in Palm Beach, Florida and Montchanin, Delaware. It also offered private banking, wealth management, trust and fiduciary services, estate and philanthropic advisory services, and insurance-related solutions through affiliated channels. ([globenewswire.com](https://www.globenewswire.com/news-release/2018/02/09/1338442/0/en/Malvern-Bancorp-Inc-Announces-Conversion-of-Malvern-Federal-Savings-Bank-to-a-National-Bank-Charter-Under-the-Name-Malvern-Bank-National-Association.html))
Competitively, Malvern occupied a niche position as a relationship-driven bank in the corridor linking Philadelphia, New Jersey and, more broadly, the New York City market area. It was not a large-scale national lender, but it had a recognizable footprint in its core markets and a product mix geared toward middle-market borrowers, real estate clients, and higher-net-worth households. The most important recent development is the sale to First Bank, completed in July 2023, which ended Malvern’s life as an independent publicly traded company and folded its footprint into a larger regional platform with expanded geographic reach in the New York City to Philadelphia corridor. ([globenewswire.com](https://www.globenewswire.com/news-release/2023/07/26/2711716/0/en/First-Bank-Announces-Second-Quarter-Net-Income-of-6-8-Million-and-EPS-of-0-35.html))
In short, Malvern Bancorp should now be understood as a former Nasdaq-listed United States banking company with a long local history, a real-estate-heavy loan book, a personalized private-banking orientation, and a final strategic outcome of consolidation into First Bank. ([globenewswire.com](https://www.globenewswire.com/news-release/2023/07/26/2711716/0/en/First-Bank-Announces-Second-Quarter-Net-Income-of-6-8-Million-and-EPS-of-0-35.html))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Sep 2022 | n.d. | 7.0 m USD | 0.92 USD | 10-K |
| Sep 2021 | n.d. | -92,000 USD | -0.01 USD | 10-K |
| Sep 2020 | n.d. | 644,000 USD | 0.08 USD | 10-K |
| Sep 2019 | n.d. | 9.3 m USD | 1.22 USD | 10-K/A |
| Sep 2018 | n.d. | 7.3 m USD | 1.13 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.