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Nicholas Financial Reports 3rd Quarter Fiscal Year 2021 Results


Nicholas Financial Reports 3rd Quarter Fiscal Year 2021 Results
Income year-over-year before income taxes for the three months ended December 31, 2020 increased by 821.3% compared to prior year third quarter
Pre-tax yield as a percentage of average finance receivables for the three months ended December 31, 2020 increased to 7.63% compared to 0.98% during the prior year third quarter
Net Portfolio Yield for the three months ended December 31, 2020 increased to 23.0% compared to 15.5% during the prior year third quarter
Originations year-over-year on new Contracts purchased for the three months ended December 31, 2020 decreased by 14.5% compared to prior year third quarter
Originations year-over-year on Direct Loans for the three months ended December 31, 2020 increased by 2.6% compared to prior year third quarter ....

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Nicholas Financial's Milwaukee Grand Opening


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Nicholas Financial’s Milwaukee Grand Opening
Nicholas Finanical LogoJanuary 25, 2021 GMT
CLEARWATER, Fla., Jan. 25, 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 latest expansion branch office in Milwaukee, Wisconsin at 800 West Layton Avenue, Unit D on January 26, 2021. The official ribbon cutting ceremony will commerce at 4:00 pm and the celebration will continue until 6:30 pm. Please contact the local office at 414-377-7199 for more information regarding the event. ....

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