MARLIN BUSINESS SERVICES CORP
Financials · State Commercial Banks · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | |
|---|---|---|---|---|---|---|
| Revenue | $5.7M | $5.0M | $4.4M | $3.5M | $15.5M | — |
| Operating income | — | — | — | — | — | — |
| Net income | −$11.8M | $5.1M | $25.0M | $25.3M | $17.3M | $16.0M |
| Total assets | $1.26B | $1.25B | $1.07B | $1.07B | $944.5M | $769.2M |
| Total liabilities | $825.6M | $992.5M | $968.5M | $860.5M | $729.9M | $622.8M |
| Equity | $196.4M | $215.0M | $198.5M | $179.6M | $162.3M | $150.1M |
| EPS (diluted) | $-1.00 | $0.41 | $2.00 | $2.01 | $1.38 | $1.25 |
| Shares out. | 12.0M | 12.3M | 12.4M | 12.6M | 12.5M | 12.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2020- Operating margin
- —
- Net margin
- −206.7%
- Return on equity
- −6.0%
- Return on assets
- −0.9%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 65.3%
- Debt / equity
- 4.20×
- Book value / share
- $16.37
- Revenue growth (YoY)
- 14.5%
- Net income growth (YoY)
- −329.9%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2020- Accruals / assets
- −5.7%clean
- Piotroski F-Score
- 5/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 3 good- Reported a net loss
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Wert James WDirector | Jan 20, 2022 | D | 58,060 | $23.50 |
| Teets John ChristopherDirector | Jan 20, 2022 | D | 40,056 | $23.50 |
| Sullivan Matthew JDirector | Jan 20, 2022 | D | 63,092 | $23.50 |
| Sting Gregory LeeOfficer — Senior Vice President | Jan 20, 2022 | Grant | 18,987 | $0.00 |
| Sherlock JamesOfficer — Senior Vice President | Jan 20, 2022 | Grant | 18,242 | $0.00 |
| Rajappa AswinOfficer — Chief Marketing Officer | Jan 20, 2022 | Grant | 34,930 | $0.00 |
| Melcher Ryan SOfficer — SVP and General Counsel | Jan 20, 2022 | Grant | 15,846 | $0.00 |
| Maslowe Louis EvanOfficer — Chief Credit Officer | Jan 20, 2022 | Grant | 26,837 | $0.00 |
| Hilzinger Jeffrey AlbertOfficer — Chief Executive Officer | Jan 20, 2022 | Grant | 170,010 | $0.00 |
| Heimes ScottDirector | Jan 20, 2022 | D | 22,503 | $23.50 |
| Deangelo Lawrence JDirector | Jan 20, 2022 | D | 311,497.24 | $23.50 |
| Calamari JohnDirector | Jan 20, 2022 | D | 55,040 | $23.50 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsJan 20, 2022
- Entered a material agreement · Other material eventJan 12, 2022
- Other material eventJan 3, 2022
- New financial obligationNov 5, 2021
- Results of operationsOct 28, 2021
- Shareholder voteAug 5, 2021
- Results of operationsJul 29, 2021
- Other material eventJul 23, 2021
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SC 13G/AMar 13, 2023
- SC 13G/ASEC SCHEDULE 13GFeb 10, 2023
- SC 13G/ASCHEDULE 13G/A, AMENDMENT #4Feb 14, 2022
- SC 13G/AAMENDMENT NO. 1 TO SCHEDULE 13GFeb 14, 2022
- SC 13G/AMRLN 13G/AFeb 14, 2022
- SC 13G/ASEC SCHEDULE 13GFeb 8, 2022
- 15-12GJan 31, 2022
- EFFECTJan 26, 2022
- 4FORM 4 SUBMISSIONJan 20, 2022
- 4FORM 4 SUBMISSIONJan 20, 2022
- 4FORM 4 SUBMISSIONJan 20, 2022
- 4FORM 4 SUBMISSIONJan 20, 2022
- 4FORM 4 SUBMISSIONJan 20, 2022
- 4FORM 4 SUBMISSIONJan 20, 2022
- 4FORM 4 SUBMISSIONJan 20, 2022
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.