Medallion Financial posted net income attributable to stockholders of $7.4 million, or $0.31 a share, down from a year earlier.
Net interest income rose 7% to $57.2 million, while net interest margin on gross loans narrowed 0.15 percentage points to 7.94%.
Loan originations climbed 63% to $611.6 million, including $247.1 million from strategic partnerships; total loan portfolio grew 12.5% to $2.8 billion.
Total assets topped $3 billion for the first time; net book value per share increased to $17.62.
The company repurchased 779,799 shares for $7.7 million at an average $9.85 and declared a $0.14 quarterly dividend payable Aug. 31.
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