Maryland Federal Bancorp reported that it earned $2.8 million for the third quarter, a 15% jump from a year earlier.

The increase was attributed primarily to a fivefold boost in noninterest income, to $2.5 million for the quarter. Net income for the nine-month period declined slightly, to $7.1 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.