Medallion Charts Supplement Yesterday's Quarterly Earnings Release
Charts Track Loan and EPS Growth
NEW YORK, Aug. 1 -- Medallion Financial Corp. , a specialty commercial finance company with a leading position servicing the taxi industry and small business commercial lending, and owner of the largest taxicab rooftop advertising company in the world, released today the following bar charts that show loan and earnings per share growth since establishing its new Merrill Lynch Bank facility. These charts supplement, and are to be read in conjunction with, the 2003 second quarter earnings press release issued yesterday by the Company.
About Medallion Financial
Medallion Financial Corp. is a specialty finance company with a leading position in the origination and servicing of loans financing the purchase of taxicab medallions and related assets. The Company also originates and services commercial loans financing small businesses in other targeted industries, and operates the largest taxicab rooftop advertising business in the world. The Company and its subsidiaries have lent over $1 billion to the taxicab industry and small business.
Please note that this press release contains forward-looking statements that involve risks and uncertainties relating to business performance, cash flow, costs, sales, net investment income, earnings, and growth. Medallion's actual results may differ significantly from the results discussed in such forward-looking statements. Factors that might cause such a difference include, but are not limited to, those factors discussed under the heading "Investment Considerations," in Medallion's 2002 Annual Report on Form 10-K.
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