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Medallion Financial: Q3 Earnings Snapshot

Medallion Financial: Q3 Earnings Snapshot

By AP News
Published - Oct 29, 2024, 04:39 PM ET
Last Updated - Dec 16, 2024, 05:52 PM EST

NEW YORK (AP) — NEW YORK (AP) — Medallion Financial Corp. (MFIN) on Tuesday reported earnings of $8.6 million in its third quarter.

On a per-share basis, the New York-based company said it had net income of 37 cents.

The business development company posted revenue of $77 million in the period. Its adjusted revenue was $53.3 million.

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