Malaga Financial Corp. operates as the holding company for Malaga Bank, which engages in the provision of financial services. The company is headquartered in Palos Verdes Estates, California. Malaga Bank is a full-service community bank with headquarters located on the Palos Verdes Peninsula in Southern California. Its primary operations are related to traditional banking activities, including the acceptance of deposits and the lending and investing of money. The company originates adjustable rate multifamily (apartment) mortgage loans in Southern California and to a lesser extent one-four family residential loans, consumer loans, commercial mortgage loans and commercial loans. Its personal account includes checking accounts, savings accounts, and lines of credit. Its business accounts include business checking accounts, business lending, business savings and money market accounts, and business banking services. Its customers consist of individuals and small-to-midsize businesses located primarily in the Palos Verdes Peninsula and adjoining areas of Los Angeles and Orange Counties, California.
Follow-Up Questions
Who is the CEO of Malaga Financial Corp?
Mr. Randy Bowers is the Chairman of the Board of Malaga Financial Corp, joining the firm since 2006.
What is the price performance of MLGF stock?
The current price of MLGF is $21.44, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Malaga Financial Corp?
Malaga Financial Corp belongs to Banking industry and the sector is Financials
What is Malaga Financial Corp market cap?
Malaga Financial Corp's current market cap is $201.9M