Item 2.02 Results of Operations and Financial Condition

July 30, 2009 - Clearwater, Florida - Nicholas Financial, Inc. (NASDAQ: NICK) announced that for the three months ended June 30, 2009, net earnings, excluding non-cash unrealized mark-to-market gain on interest rate swaps increased 34% to $2,081,000 as compared to $1,558,000 for the three months ended June 30, 2008. Per share diluted net earnings, excluding non-cash unrealized mark-to-market gain on interest rate swaps, increased 33% to $0.20 for the three months ended June 30, 2009 as compared to $0.15 for the three months ended June 30, 2008. See reconciliations of the non-GAAP measures on page 2. Revenue increased 4% to $13,694,000 for the three months ended June 30, 2009 as compared to $13,119,000 for the three months ended June 30, 2008.

Item 9.01 Financial Statements and Exhibits

Exhibit # Description 99.1 Press release dated July 30, 2009.

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