Medallion Financial (TAXI) Reports Q3 EPS of $0.17

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Go back to Medallion Financial (TAXI) Reports Q3 EPS of $0.17

Medallion Financial Corp. Reports 2015 Third Quarter Results

November 4, 2015 8:56 AM EST

Third quarter earnings of $7,312,000, or $0.30 per diluted common share, increased 9% from the 2014 third quarter 75% of year-to-date earnings came from our consumer lending businesses Consumer loans originated by Medallion Bank grew 31% from a year ago Managed assets were $1.621 billion, including $1.073 billion at Medallion Bank, both all-time highs Net interest margin was 6.89% on a combined basis Quarterly distribution of $0.25 per share declared

NEW YORK--(BUSINESS WIRE)-- Medallion Financial Corp. (Nasdaq: TAXI)... More