Michael Diana

Managing Director
Financial Services

Michael Diana is a Managing Director at Maxim Group, LLC. Mr. Diana began his Wall Street career at First Boston as a financial services investment banker. Prior to joining Maxim Group, Mr. Diana was a research analyst at Cantor Fitzgerald where he covered mortgage REITS and small and mid-cap commercial banks. Previously, he held similar positions at Citigroup, Bear Stearns and Prudential Securities. He was recognized in the 2015 StarMine Analyst Awards as the #2 Top Earnings Estimator for banks. He received an MBA in Finance from The Wharton School at University of Pennsylvania and a JD from Cornell University.

Companies Covered


GARS Garrison Capital Inc.
HRZN Horizon Technology Finance Corp.
MVC MVC Capital Inc
PFLT PennantPark Floating Rate Capital Ltd.
SAR Saratoga Investment Corp.
SUNS Solar Senior Capital Ltd.
TCRD THL Credit, Inc.

Financial Services

HGBL Heritage Global Inc.


ELVT Elevate Credit, Inc.
ENVA Enova International, Inc.
FPAY FlexShopper, Inc.
LC LendingClub Corporation
ONDK On Deck Capital, Inc.
PAYS Paysign, Inc.
USIO Usio, Inc.


AGNC AGNC Investment Corp.
AI Arlington Asset Investment Corp.
EFC Ellington Financial LLC
LAND Gladstone Land Corporation
LOAN Manhattan Bridge Capital, Inc.
NYMT New York Mortgage Trust, Inc.
TWO Two Harbors Investment Corp.
UMH UMH Properties, Inc.
WSR Whitestone REIT

Small-Midcap Banks

CFR Cullen/Frost Bankers, Inc.
CUBI Customers Bancorp, Inc.
FRC First Republic Bank
FSFG First Savings Financial Group, Inc.
ICBK County Bancorp, Inc.
NCBS Nicolet Bankshares, Inc.
QCRH QCR Holdings, Inc.
SBNY Signature Bank
SIVB SVB Financial
STL Sterling Bancorp
WABC Westamerica Bancorporation