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MFIN - Medallion Financial EPS beats by $0.09 misses on revenue
Medallion Financial Corp.
Medallion Financial (MFIN): Q1 GAAP EPS of $0.34 beats by $0.09.Revenue of $30.61M (+56.5% Y/Y) misses by $1.47M.The recreation and home improvement net loan portfolios grew 11% and 33% from March 31, 2020.Consumer originations were $142.0 million in the quarter, up 37% from $103.2 million in 2020 quarter.Tier 1 leverage ratio at quarter-end was 18.03%.Press Release