Medallion Financial (TAXI) Tops Q4 EPS by 1c
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Medallion Financial Corp. Reports 2015 Fourth Quarter and Record Full Year Results
February 17, 2016 9:03 AM ESTFull year record earnings of $29,376,000, an all-time high, or $1.20 per diluted common share, increased 2% from 2014 Fourth quarter earnings of $6,911,000, or $0.29 per share Managed assets were $1.655 billion, including $1.081 billion at Medallion Bank, both all-time highs Net interest margin was 6.98% on a combined basis 80% of 2015 earnings came from our consumer lending businesses Consumer loans originated by Medallion Bank grew 31% from a year ago Book value per share, or net asset value, increased to $11.42 at December 31, 2015... More
