Medallion Financial (MFIN) - 2024 Q2 - Quarterly Results

FOR IMMEDIATE RELEASE: NEW YORK, NY – July 30, 2024 – Medallion Financial Corp. (NASDAQ: MFIN, "Medallion" or the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today its results for the quarter ended June 30, 2024. 2024 Second Quarter Highlights • Net income was $7.1 million, or $0.30 per share, compared to $14.2 million, or $0.62 per share, in th ...