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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (16016)3/4/2006 11:53:17 AM
From: ACAN  Respond to of 23958
 
Ray; [TAXI] another unknown out of the way. Reported Mar 2/06.
14M share float, 85% owned by insiders and institutions.

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Press Release Source: Medallion Financial Corp.

Medallion Financial Corp. Reports Record 2005 Fourth Quarter and Full Year Results
Thursday March 2, 1:19 pm ET

NEW YORK--(BUSINESS WIRE)--March 2, 2006--Medallion Financial Corp. (Nasdaq: TAXI - News):
Quarterly Highlights
--------------------

-- 4th quarter net investment income after taxes increased 75% to
$0.21 per share from $0.12 per share.
-- 4th quarter net interest margin increased to 4.66% from 3.96%.
-- Medallion loans and total assets reach all-time highs.

Medallion Financial Corp. (Nasdaq: TAXI - News), a specialty finance company with a leading position servicing the taxicab industry and other niche markets in small business and consumer lending, announced net investment income after taxes increased 75% to $3,763,000, or $0.21 per diluted common share in the 2005 fourth quarter, up from $2,138,000, or $0.12 per share in the 2004 fourth quarter.

Source: Medallion Financial Corp.

· Medallion Financial Corp. Selected Financial Trends: Loan & Asset Growth (Graphic: Business Wire). View Multimedia Gallery

Net investment income after taxes increased 148% to $13,462,000, or $0.77 per diluted common share for 2005, up from $5,427,000 or $0.29 per share for 2004. This was the highest operating earnings, in total and per share, that the company has earned since it went public in 1996.


Allan