latest news releases from the newsroom
Hampton Roads Bankshares, Inc.
Quarterly Dividend Declared by Hampton Roads Bankshares
NORFOLK, Va., April 29, 2009 (GLOBE NEWSWIRE) -- At their meeting held on April 28, 2009, the Board of Directors of Hampton Roads Bankshares, Inc. (Nasdaq:HMPR), the financial holding company for Bank of Hampton Roads, Shore Bank and Gateway Bank & Trust, declared a quarterly dividend in the amount of $0.11 per share on the Company's common stock, payable on June 15, 2009, to shareholders of record as of May 15, 2009. This will be the Company's 30th consecutive dividend payment.
Malvern Bancorp, Inc.
Malvern Federal Bancorp, Inc. Announces Results for the Second Quarter of Fiscal 2009
PAOLI, Pa., April 29, 2009 (GLOBE NEWSWIRE) -- Malvern Federal Bancorp, Inc. (the "Company") (Nasdaq:MLVF), the "mid-tier" holding company for Malvern Federal Savings Bank (the "Bank"), today announced net income for the three months ended March 31, 2009 of $371,000, substantially the same as net income for the three months ended March 31, 2008. Earnings per share on the Company's outstanding common shares were $0.06 for the quarter ended March 31, 2009. Additionally, the Company reported net income of $887,000, or $0.15 per share, for the six months ended March 31, 2009 compared to net income of $937,000 for the six months ended March 31, 2008. During the three and six months ended March 2008 there were no reportable earnings per share since the Company completed its initial public offering in May 2008.