trending Market Intelligence /marketintelligence/en/news-insights/trending/X5I2P8dD0C2ljT_dBn_O2g2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Seidman, related groups increase stake in Malvern Bancorp

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks

Blog

Banking Essentials Newsletter - April Edition


Seidman, related groups increase stake in Malvern Bancorp

Activist investor Lawrence Seidman, along with investment affiliates, increased their stakes in Malvern Bancorp Inc., according to a recent ownership filing.

Seidman disclosed beneficial ownership of 616,252 common shares, or 7.93%, of the Paoli, Pa.-based bank, according to a Schedule 13D filed Dec. 26. That is an increase from the previously reported 6.91%.

The aggregate purchase price of the shares was about $9.8 million, including brokerage commissions.