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Nicholas Financial invites present, former and new borrowers to apply for consumer loans. You will find that the loan application process at Nicholas is quick, easy and hassle free.
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Nicholas Financial is committed to serving the needs of franchised and independent automobile dealers. Nicholas allows the dealer to increase sales and maximize profits.
Nicholas Financial is seeking energetic, well educated individuals that wish to start a career in consumer finance. Nicholas offers a full benefit package and is an equal opportunity employer.
Nicholas Financial 2021 Annual Report
about Nicholas Financial
Nicholas Financial, Inc., established in 1985, is a consumer finance company, that specializes in purchasing and servicing auto loans made by franchised and independent auto dealers, via a network of company owned and operated branch offices. Nicholas operates a network of 46 locations in Florida, Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Michigan, Missouri, Nevada, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Utah and Wisconsin. The company is also operating non-branch expansion efforts in the Arizona, Kansas and Texas markets.
The company’s stock has been publicly traded since 1987. It is listed on the NASDAQ - GS Global Select Market System under the symbol, NICK.
Nicholas Financial Reports 1st Quarter Fiscal Year 2022 Results
July 30, 2021 – Clearwater, Florida – Nicholas Financial, Inc. (NASDAQ: NICK), announced net income for the three months ended June 30, 2021 of $1.7 million compared to $1.4 million for the three months ended June 30, 2020. Diluted net income per share was $0.22 for the three months ended June 30, 2021 as compared to $0.18 for the three months ended June 30, 2020. Revenue decreased 11.0% to $12.6 million for the three months ended June 30, 2021 as compared to $14.2 million for the three months ended June 30, 2020. The Company reported income before income taxes for the three months ended June 30, 2021 of $2.3 million compared to $1.9 million for the three months ended June 30, 2020. The Company recorded an income tax expense of approximately $0.6 million during the three months ended June 30, 2021 as compared to $0.4 million during the three months ended June 30, 2020.
“The more exciting news this quarter is the realization of year-over-year increases in both new indirect contract purchases and direct loan originations,” stated Doug Marohn, President and CEO of Nicholas Financial, Inc. “This has helped level off the liquidation rate of our portfolio. We have not returned to a net portfolio growth situation quite yet, but the rate of shrinkage has slowed.”
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Nicholas Financial, Inc.
Building C, Suite 501B
2454 McMullen Booth Road
Clearwater, FL 33759
A Special Thanks to our Corporate Partners
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Gieser- Madigan street no. 4, 89728 Tokyo, Japan
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