trending Market Intelligence /marketintelligence/en/news-insights/trending/X5I2P8dD0C2ljT_dBn_O2g2 content esgSubNav
In This List

Seidman, related groups increase stake in Malvern Bancorp

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


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.