Medallion Financial Corp. Reports 2018 Second Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Medical Financial (MFIN) Reports Q2 Loss of $0.60
August 13, 2018 4:07 PM EDTMedical Financial (NASDAQ: MFIN) reported Q2 EPS of ($0.60), versus $0.07 reported last year.
Total assets reached $1.53 billion as of June 30, 2018Medallion loans are at the lowest level since 2003Net interest income before the provision for loan losses was $24.7 million, reflecting primarily the contributions of the consumer lending segmentsNet loss was $14.6 million, or $0.60 per share, a slight improvement from the first quarter, and included a charge of $6.7 million to establish a general reserve on medallion loans less than 90 days past dueNet interest margin was 8.57% in the 2018 second quarter,... More