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Jun 30, 2024
Medallion Q2 2024 Earnings Report
Announced second quarter results, with net income of $7.1 million and net interest income reaching an all-time high.
Key Takeaways
Medallion Financial Corp. reported a solid second quarter with a net income of $7.1 million, or $0.30 per share. Net interest income grew 7% to $49.9 million. Loan originations were $309.1 million, and loans grew 11% to $2.4 billion.
Net income was $7.1 million, or $0.30 per share.
Net interest income grew 7% to $49.9 million.
Loan originations were $309.1 million.
Loans grew 11% to $2.4 billion.
Forward Guidance
Medallion Financial Corp. remains cautiously optimistic about the performance of its loans and the strong credit quality of its overall loan portfolio.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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