Christopher Nolan

Logan Hennen

Matthew Howlett

Michael Grondahl

Mike Grondahl

- Medallion Financial Corp. reported **net income of $7.8 million** for Q3 2025, or **$11.3 million** excluding a non-recurring **$3.5 million** charge related to the redemption of Series F preferred stock, with net interest income increasing **6%** to **$55.7 million**.  **[0001000209_2216015_1]** 
- Total loans reached **$2.559 billion** at September 30, 2025, and loan originations for the period were **$427 million**, including a record **$208.4 million** from the strategic partnership program.  **[0001000209_2216015_1]** **[0001000209_2216015_2]** **[0001000209_2216015_3]** 
- The company's net interest margin improved to **8.21%**, up **10 basis points** from a year ago, and net book value per share stood at **$17.07** as of September 30, 2025.  **[0001000209_2216015_3]** **[0001000209_2216015_4]** 
- Medallion Financial Corp. paid a quarterly dividend of **$0.12 per share** and has **$14.4 million** remaining under its share repurchase program.  **[0001000209_2216015_2]**  Additionally, Andrew Murstein will assume an expanded role as CEO starting **January 31, 2026**.  **[0001000209_2216015_6]**

Medallion Financial Corp. Reports Strong Q3 2025 Results and Announces Future CEO Transition

- Medallion Financial Corp. reported a net income of **$7.8 million** for Q3 2025, or **$11.3 million** excluding a non-recurring charge related to the redemption of Medallion Bank's series F preferred stock.  **[0001000209_2212666:8]** **[0001000209_2212666:10]** 
- The company's Net Interest Income for Q3 2025 was **$55.7 million**, with a net interest margin (net) of **8.56%**.  **[0001000209_2212666:8]** 
- The total loan portfolio grew to **$2,559.1 million** as of September 30, 2025, marking a **3.0% increase** compared to September 30, 2024.  **[0001000209_2212666:7]** 
- Medallion Financial Corp. declared a quarterly dividend of **$0.12 per share** for Q3 2025 and Q4 2025.  **[0001000209_2212666:7]** **[0001000209_2212666:12]** 
- The company repurchased **108,351 shares** at an average cost of **$9.10 per share** in the first nine months of 2025, with **$14.4 million** remaining in the share repurchase plan.  **[0001000209_2212666:7]**

Medallion Financial Corp. Announces Q3 2025 Financial Performance

- Medallion Financial Corp. reported **net income attributable to stockholders of $7.8 million**, or **$0.32 per share**, for the third quarter of 2025, which includes a **$3.5 million non-recurring charge**.  **[1000209_0001193125-25-256322_mfin-ex99_1.htm:0]**  Excluding this charge, net income was **$11.3 million**.  **[1000209_0001193125-25-256322_mfin-ex99_1.htm:0]** 
- **Net interest income grew 6% to $55.7 million** in Q3 2025, and **loan originations increased to $427.4 million** from $275.6 million in the prior year quarter.  **[1000209_0001193125-25-256322_mfin-ex99_1.htm:0]** 
- The **loan portfolio expanded to $2.559 billion**, a **3% increase** year-over-year, and **net book value per share rose 9% to $17.07** as of September 30, 2025.  **[1000209_0001193125-25-256322_mfin-ex99_1.htm:0]** 
- The company declared a quarterly cash dividend of **$0.12 per share** for Q4 2025, which is **20% higher** than the same quarter last year.  **[1000209_0001193125-25-256322_mfin-ex99_1.htm:3]**  Additionally, **108,351 shares** were repurchased for **$1.0 million** during the nine months ended September 30, 2025.  **[1000209_0001193125-25-256322_mfin-ex99_1.htm:3]**

Medallion Financial Corp. Reports Strong Q3 2025 Results with Increased Loan Originations and Dividends

- Medallion Financial Corp. reported total net income attributable to stockholders of **$7.8 million**, or **$0.32 per share**, for the third quarter of 2025. Excluding a non-recurring charge of $3.5 million, net income was **$11.3 million**, marking a **31% increase** year-over-year.  **[1000209_70c103e8447646fdb10d9eb7144998e2_0]** **[1000209_70c103e8447646fdb10d9eb7144998e2_1]** 
- Net interest income grew **6% to $55.7 million** in Q3 2025 compared to the prior year quarter, contributing to record highs in net interest income and loan volume.  **[1000209_70c103e8447646fdb10d9eb7144998e2_0]** **[1000209_70c103e8447646fdb10d9eb7144998e2_1]** 
- Loan originations significantly increased to **$427.4 million** in the quarter, with the total loan portfolio reaching **$2.559 billion** as of September 30, 2025, up 3% year-over-year.  **[1000209_70c103e8447646fdb10d9eb7144998e2_0]** **[1000209_70c103e8447646fdb10d9eb7144998e2_1]** 
- Net book value per share increased **9% to $17.07** as of September 30, 2025, from $15.70 a year ago.  **[1000209_70c103e8447646fdb10d9eb7144998e2_0]**  The company also declared a quarterly cash dividend of **$0.12 per share** and repurchased **$1.0 million** of common stock during the nine months ended September 30, 2025.  **[1000209_70c103e8447646fdb10d9eb7144998e2_0]** **[1000209_70c103e8447646fdb10d9eb7144998e2_4]**

Medallion Financial Corp. Reports Strong Q3 2025 Results

- Medallion Bank reported **net income of $19.8 million** for the third quarter ended September 30, 2025, an increase from $15.5 million in the prior year quarter.  **[1000209_c80d6543b0ea44dc8555d78f03f6d422_0]** 
- The Bank's **net interest income** for Q3 2025 was **$55.9 million**, with a **net interest margin of 8.64%**, compared to $53.2 million and 8.44% respectively in the prior year quarter.  **[1000209_c80d6543b0ea44dc8555d78f03f6d422_0]** 
- As of September 30, 2025, the **total loan portfolio size was $2.3 billion** and **total assets were $2.6 billion**, with a **Tier 1 leverage ratio of 17.5%**.  **[1000209_c80d6543b0ea44dc8555d78f03f6d422_0]** 
- **Annualized net charge-offs** were **2.28%** of average loans outstanding in Q3 2025, down from 2.31% in the prior year quarter, primarily due to a sharp decrease in home improvement losses.  **[1000209_c80d6543b0ea44dc8555d78f03f6d422_0]** **[1000209_c80d6543b0ea44dc8555d78f03f6d422_1]** 
- A **quarterly cash dividend of $0.5625 per share** was declared on the Series G Preferred Stock, payable on January 2, 2026, to holders of record on December 15, 2025.  **[1000209_c80d6543b0ea44dc8555d78f03f6d422_3]**

Medallion Bank Reports Q3 2025 Results and Declares Series G Preferred Stock Dividend

- Medallion Financial Corp (MFIN) is a **specialty finance company** with a market capitalization of **$226.3 million** and a share price of **$9.72** as of October 28, 2025.  **[0001000209_2212668:5]** 
- As of September 30, 2025, the company's total gross loan portfolio stood at **$2.56 billion**, primarily comprising **recreation loans ($1,603.2 million)** and **home improvement loans ($804.0 million)**.  **[0001000209_2212668:9]** **[0001000209_2212668:7]** 
- For the nine months ended September 30, 2025, Medallion Financial reported **net income attributable to Medallion Financial Corp. of $30.846 million**.  **[0001000209_2212668:16]** 
- The company has actively returned capital to shareholders, repurchasing **3.3 million shares** since 2022 and increasing its quarterly dividend to **$0.12** in Q3 2025, a 50% increase since its reinstatement in Q1 2022.  **[0001000209_2212668:8]** **[0001000209_2212668:12]** 
- The book value per share was **$17.07** as of September 30, 2025, with the stock trading below this value and an adjusted tangible book value of **$11.64**.  **[0001000209_2212668:8]** **[0001000209_2212668:14]**

MEDALLION FINANCIAL (MFIN)