Medallion Financial: Q4 Earnings Snapshot
By AP News
Published - Feb 20, 2024, 04:18 PM ET
Last Updated - Feb 20, 2024, 04:18 PM EST
NEW YORK (AP) — NEW YORK (AP) — Medallion Financial Corp. (MFIN) on Tuesday reported profit of $14.3 million in its fourth quarter.
On a per-share basis, the New York-based company said it had net income of 60 cents.
The business development company posted revenue of $70.6 million in the period. Its adjusted revenue was $52 million.
For the year, the company reported profit of $55.1 million, or $2.37 per share. Revenue was reported as $199.4 million.
