ThursdayJun 24, 2010 8:02 am
Yesterday, Malaga Financial Corporation announced that it has been ranked the top-performing thrift in the United States. This ranking is for the most recent 12 month period ending March 31, 2010. Malaga Financial Corporation is the parent company of Malaga Bank FSB. SNL Financial ranked the 100 largest publicly traded thrifts. They ranked them according to various performance metrics. They then weighted the rankings and gave each institution a final composite score. The metrics were total assets; core return on average assets (ROAA); core return on average equity (ROAE); three-year compound annual growth rate in tangible book value per share;…
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