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Malvern Bancorp delays 10-K filing


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Malvern Bancorp delays 10-K filing

The filing of Malvern Bancorp Inc.'s annual report on Form 10-K for the fiscal year ended Sept. 30, 2017, will be delayed, as the Paoli, Pa.-based company needs more time to complete some parts of the report.

Malvern Bancorp expects to report net income of $5.8 million for fiscal 2017, compared with the year-ago figure of $12.2 million.

In late November, the company disclosed that it was restating its financial reports over a tax computation error.