Money Store Inc., Union, N.J., reported a 76% increase in net income for the second quarter, to a record $18.9 million. Earnings per share increased 52%, to 32 cents.

The company said its serviced loan portfolio is 44% larger than it was last year at this time, and it securitized $1.3 billion of receivables for the quarter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.