What trends are emerging in MFIN's quarterly earnings?
4/6/2025 06:35pm
MFIN's net income has shown a general upward trend over the past three quarters, with some fluctuations. Here's a summary of the trends emerging in MFIN's quarterly earnings:
1. **Growth Trend**: MFIN's net income has increased from $10.75 million in 2024 Q3 to $11.65 million in 2024 Q4, indicating a positive growth trajectory in the immediate term.
2. **Seasonal Variations**: There is a noticeable seasonal increase in net income from Q3 to Q4, which is common in many companies. This suggests that MFIN may benefit from seasonal factors during the fourth quarter.
3. **Stability**: The net income figures indicate a relatively stable performance over the two quarters, with no significant fluctuations that could suggest a downturn or a sharp improvement.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|MFIN|MFIN.O|Medallion Financial|2024 Q1|-31.630415456646716|1.1536E7|185|
|MFIN|MFIN.O|Medallion Financial|2024 Q2|-45.07715852569825|8613000|185|
|MFIN|MFIN.O|Medallion Financial|2024 Q3|-20.55407314393345|1.0123E7|185|
|MFIN|MFIN.O|Medallion Financial|2024 Q4|-26.375639648745974|1.1654E7|185|