Marlin Business Services
Market Cap
US$141.9m
Last Updated
2021/01/14 23:31 UTC
Data Sources
Company Financials
Executive Summary
Marlin Business Services Corp. provides credit products and services to small and mid-sized businesses in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Marlin Business Services's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRLN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: MRLN's weekly volatility has decreased from 16% to 9% over the past year.
Market Performance
7 Day Return
-2.4%
MRLN
0.8%
US Diversified Financial
0.6%
US Market
1 Year Return
-44.2%
MRLN
2.5%
US Diversified Financial
21.0%
US Market
Return vs Industry: MRLN underperformed the US Diversified Financial industry which returned 3.2% over the past year.
Return vs Market: MRLN underperformed the US Market which returned 22% over the past year.
Shareholder returns
| MRLN | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.4% | 0.8% | 0.6% |
| 30 Day | -7.3% | 4.8% | 4.2% |
| 90 Day | 57.1% | 11.5% | 12.4% |
| 1 Year | -40.8%-44.2% | 2.7%2.5% | 23.7%21.0% |
| 3 Year | -41.4%-47.3% | 10.0%9.7% | 47.4%37.6% |
| 5 Year | -2.0%-16.7% | 84.9%84.0% | 131.6%105.9% |
Long-Term Price Volatility Vs. Market
How volatile is Marlin Business Services's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
What Is The Ownership Structure Like For Marlin Business Services Corp. (NASDAQ:MRLN)?1 month ago | Simply Wall St
Would Shareholders Who Purchased Marlin Business Services' (NASDAQ:MRLN) Stock Three Years Be Happy With The Share price Today?2 months ago | Simply Wall St
How Much Is Marlin Business Services' (NASDAQ:MRLN) CEO Getting Paid?Valuation
Is Marlin Business Services undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MRLN ($12) is trading below our estimate of fair value ($37.63)
Significantly Below Fair Value: MRLN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MRLN is unprofitable, so we can't compare its PE Ratio to the US Diversified Financial industry average.
PE vs Market: MRLN is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MRLN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MRLN's PB Ratio (0.8x) is in line with the US Diversified Financial industry average.
Next Steps
Future Growth
How is Marlin Business Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-9.1%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Marlin Business Services has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Marlin Business Services's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Marlin Business Services performed over the past 5 years?
-4.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRLN is currently unprofitable.
Growing Profit Margin: MRLN is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MRLN is unprofitable, and losses have increased over the past 5 years at a rate of 4.3% per year.
Accelerating Growth: Unable to compare MRLN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MRLN is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (12.7%).
Return on Equity
High ROE: MRLN has a negative Return on Equity (-3.59%), as it is currently unprofitable.
Next Steps
Financial Health
How is Marlin Business Services's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: MRLN's Assets to Equity ratio (6.1x) is low.
Allowance for Bad Loans: MRLN has a sufficient allowance for bad loans (732%).
Low Risk Liabilities: 89% of MRLN's liabilities are made up of primarily low risk sources of funding.
Loan Level: MRLN has an appropriate level of Loans to Assets ratio (77%).
Low Risk Deposits: MRLN's Loans to Deposits ratio (103%) is appropriate.
Level of Bad Loans: MRLN has an appropriate level of bad loans (0.9%).
Next Steps
Dividend
What is Marlin Business Services's current dividend yield, its reliability and sustainability?
4.67%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRLN's dividend (4.67%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: MRLN's dividend (4.67%) is in the top 25% of dividend payers in the US market (3.88%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, MRLN has been paying a dividend for less than 10 years.
Growing Dividend: MRLN's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: MRLN is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.4yrs
Average management tenure
CEO
Jeff Hilzinger (61 yo)
4.58yrs
Tenure
US$1,912,214
Compensation
Mr. Jeffrey A. Hilzinger, also known as Jeff, has been the Chief Executive Officer and President of Marlin Business Services Corp. since June 1, 2016. Mr. Hilzinger has commercial finance experience, inclu...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD1.91M) is above average for companies of similar size in the US market ($USD541.25K).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.58yrs | US$1.91m | 0.56% $ 799.5k | |
| Senior VP & CFO | 1.92yrs | US$847.08k | 0.050% $ 71.3k | |
| Senior VP & COO | no data | US$558.17k | 0.14% $ 192.4k | |
| Chief Risk Officer & Senior VP | no data | US$742.49k | 0.031% $ 43.8k | |
| Senior VP & Chief Information Officer | no data | no data | 0.047% $ 66.1k | |
| Senior VP | 1yr | no data | 0.021% $ 30.0k | |
| Chief Sales Officer | 3.25yrs | no data | no data | |
| Chief Human Resources Officer & Senior VP | 3.5yrs | no data | 0.011% $ 15.2k | |
| Senior Vice President | 3.67yrs | no data | no data | |
| Chief Strategy Officer | 0.58yr | no data | 0.0095% $ 13.4k | |
| Director of Sales Training | no data | no data | no data | |
| Vice President of Indirect Funding Platform (IFP) & Alliance Development | 5.42yrs | no data | no data |
3.4yrs
Average Tenure
53yo
Average Age
Experienced Management: MRLN's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.58yrs | US$1.91m | 0.56% $ 799.5k | |
| Independent Chairman of the Board | 6.58yrs | US$176.49k | 2.61% $ 3.7m | |
| Independent Director | 12.75yrs | US$129.49k | 0.51% $ 725.2k | |
| Independent Director | 22.92yrs | US$136.99k | 0.68% $ 968.0k | |
| Independent Director | 17.17yrs | US$134.99k | 0.44% $ 628.5k | |
| Independent Director | 10.67yrs | US$125.49k | 0.32% $ 448.7k | |
| Independent Director | 5.75yrs | US$109.99k | 0.17% $ 238.1k |
10.7yrs
Average Tenure
61yo
Average Age
Experienced Board: MRLN's board of directors are seasoned and experienced ( 10.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Marlin Business Services Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Marlin Business Services Corp.
- Ticker: MRLN
- Exchange: NasdaqGS
- Founded: 1997
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: US$141.903m
- Shares outstanding: 11.83m
- Website: https://marlincapitalsolutions.com
Number of Employees
Location
- Marlin Business Services Corp.
- 300 Fellowship Road
- Mount Laurel
- New Jersey
- 8054
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MRLN | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Nov 2003 |
| MBM | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2003 |
Biography
Marlin Business Services Corp. provides credit products and services to small and mid-sized businesses in the United States. The company’s products and services include loans and leases for the acquisition...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/14 23:31 |
| End of Day Share Price | 2021/01/14 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.