Medallion Financial Corp. Reports 2021 First Quarter Results

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Go back to Medallion Financial Corp. Reports 2021 First Quarter Results

Medical Financial (MFIN) Tops Q1 EPS by 15c

May 3, 2021 4:48 PM EDT

Medical Financial (NASDAQ: MFIN) reported Q1 EPS of $0.34, $0.15 better than the analyst estimate of $0.19.

2021 First Quarter Highlights

Net income was $8.4 million, or $0.34 per share, compared to a net loss of $13.6 million, or $0.56 per share, in the prior year quarter.Net interest income was $28.7 million in the quarter, primarily reflecting the contribution of the consumer lending segments, compared to $26.5 million in the 2020 quarter.Net interest margin was 9.18% in the quarter.Net income from the Companys consumer and commercial lending segments increased to $15.1 million in 2021,... More