NICHOLAS FINL INC.

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CLEARWATER, Fl, June 11, 2021 (GLOBE NEWSWIRE) -- Nicholas Financial, Inc. (NASDAQ: NICK) – an industry leading branch-based subprime auto lender focused on servicing the needs of the local independent dealer – announced today a grand opening celebration for our newest branch office in the Boise, Idaho market, located at 950 Fairview, Suite 170, Meridian, ID on June 15, 2021. The open house begins at 3:00 PM MDT, the official ribbon cutting ceremony will commence at 4:00 PM MDT and the celebration will continue until 5:00 PM MDT. Please contact the local office at 208-314-5769 for more information regarding the event. » Mehr auf globenewswire.com

CLEARWATER, Fla., June 02, 2021 (GLOBE NEWSWIRE) -- Nicholas Financial, Inc. (NASDAQ: NICK) announced net income for the three months ended March 31, 2021 of $1.9 million compared to $2.3 million for the three months ended March 31, 2020. Diluted net income per share was $0.24 for the three months ended March 31, 2021 as compared to $0.29 for the three months ended March 31, 2020. Total revenue decreased 10.8% to $13.3 million for the three months ended March 31, 2021 as compared to $14.9 million for the three months ended March 31, 2020, which included gains of $0.5 million on equity investments during the three months ended March 31, 2021. The Company reported income before income taxes for the three months ended March 31, 2021 of $2.8 million compared to $0.6 million for the three months ended March 31, 2020. The Company recorded an income tax expense of approximately $0.9 million during the three months March 31, 2021 compared to an income tax benefit of $1.7 million during the three months ended March 31, 2020. » Mehr auf globenewswire.com