$Medallion Financial (MFIN.US)$Revenue has continued to grow...
$Medallion Financial (MFIN.US)$Revenue has continued to grow over the past 5 years, while net profit was only worth $58 million in 2021, falling to 50 million in 2022. Losses in 2020 were mainly due to large write-offs. Revenue is mainly comprised of net interest income.
Assets are mainly in the form of loans, and liabilities are mainly customer deposits.
Currently, the price-earnings ratio is 4.5, the net price-earnings ratio is 0.63, and goodwill and other intangible assets are 173 million, accounting for more than half of the net assets of 302 million. The actual net price-earnings ratio is higher than 1. Overall, it doesn't seem very attractive.
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