Earnings summaries and quarterly performance for MEDALLION FINANCIAL.
Executive leadership at MEDALLION FINANCIAL.
AM
Alvin Murstein
Detailed
Chief Executive Officer
CEO
AM
Andrew Murstein
Detailed
President and Chief Operating Officer
AC
Anthony Cutrone
Detailed
Executive Vice President and Chief Financial Officer
DP
Donald Poulton
Detailed
Chief Executive Officer and President of Medallion Bank
JH
Justin Haley
Detailed
Executive Vice President and Chief Financial Officer of Medallion Bank
MS
Marisa Silverman
Detailed
Executive Vice President, Chief Compliance Officer, General Counsel and Secretary
TM
Thomas Munson
Detailed
Executive Vice President and Chief Credit Officer
Board of directors at MEDALLION FINANCIAL.
Research analysts who have asked questions during MEDALLION FINANCIAL earnings calls.
Christopher Nolan
Ladenburg Thalmann
1 question for MFIN
Also covers: EIC, GAIN, GLAD +8 more
Logan Hennen
Northland Securities
1 question for MFIN
Also covers: CAN, ECPG
MH
Matthew Howlett
B. Riley Securities
1 question for MFIN
Also covers: AOMR, BRSP, BUR +9 more
MG
Michael Grondahl
Northland Securities
1 question for MFIN
Also covers: ASPU
MG
Mike Grondahl
Lake Street Capital Markets
1 question for MFIN
Also covers: ABL, ACCS, APLD +35 more
Recent press releases and 8-K filings for MFIN.
Medallion Financial Faces Criticism from ZimCal Asset Management
MFIN
Legal Proceedings
Executive Compensation
Management Change
- ZimCal Asset Management asserts Medallion Financial (MFIN) is undervalued and hampered by poor leadership, despite having significant potential.
- Concerns include consumer charge-offs at a 14-year high, minimal loan growth, a money-losing "Strategic Partnership" business, and ~20% non-performing loans in the Commercial Lending segment over the last three quarters.
- The company's stock price is 40% below its November 2013 peak, with a Price/Tangible Book Value of approximately 1.0x, significantly lower than peers.
- ZimCal criticizes excessive executive compensation and a lack of accountability for CEO Andrew Murstein, whose SEC fraud lawsuit legal fees and penalties were paid by stockholders.
3 days ago
Medallion Bank Reports Q4 and Full-Year 2025 Results and Declares Series G Preferred Stock Dividend
MFIN
Earnings
Dividends
Revenue Acceleration/Inflection
- Medallion Bank, a wholly owned subsidiary of Medallion Financial Corp., reported net income of $19.4 million for the fourth quarter of 2025, compared to $15.6 million in the prior year quarter, and full-year 2025 net income of $72.2 million, an increase of 19% from $60.6 million in 2024.
- The Bank's net interest income for Q4 2025 was $55.9 million and $217.9 million for the full year 2025, with a net interest margin of 8.51% for both periods.
- The total loan portfolio grew to $2.4 billion as of December 31, 2025, compared to $2.2 billion as of December 31, 2024, with total assets of $2.6 billion and a Tier 1 leverage ratio of 17.8% at year-end 2025.
- Medallion Bank's Board of Directors declared a quarterly cash dividend of $0.5625 per share on its Series G Preferred Stock, payable on April 1, 2026, to holders of record on March 16, 2026.
Jan 29, 2026, 9:10 PM
Medallion Financial Highlights Strong Growth and Valuation at Conference
MFIN
Dividends
Share Buyback
New Projects/Investments
- Medallion Financial (MFIN) is currently trading at a low valuation of 5-6 times earnings and below book value, with a tangible book value of $11.64 per share.
- The company has diversified its portfolio to over $2.5 billion , with the taxi business now representing only 0.3%. Key segments include recreational vehicle loans (63% of portfolio with 15% yields) and home improvement loans (31% of portfolio with 10% yields).
- MFIN reported $30 million in after-tax earnings for the first nine months of the current year, representing a 20% increase from 2024. The loan book is growing at approximately 13% annually.
- The company maintains a high net interest margin of over 800 basis points and employs a three-pronged capital allocation strategy: increasing dividends (current yield almost 5%), share buybacks ($15 million remaining from a $40 million approved program), and investing in its bank for growth.
Dec 3, 2025, 3:00 PM
Medallion Financial (MFIN) Highlights Diversified Portfolio and Strong Financial Performance
MFIN
Dividends
Share Buyback
Revenue Acceleration/Inflection
- Medallion Financial (MFIN) has significantly diversified its portfolio to approximately $2.4 billion over the last five years, with taxi medallions now constituting only 0.3% of its business.
- The company maintains a net interest margin exceeding 800 basis points and is trading at a low price-to-earnings ratio of 5-6 times earnings and below its stated book value of nearly $18 per share.
- Its loan portfolio is primarily composed of recreational loans (63% at 15% interest rates), home improvement loans (31% at 10% yields), and commercial lending (5% with 15% annual returns).
- MFIN has reported strong profitability, generating over $350 million before taxes in the last four and a half years, and $30 million after taxes for the first nine months of the current year, marking a 20% increase from 2024.
- The company's capital allocation strategy prioritizes increasing dividends (with a current yield of almost 5%), executing share buybacks (with $15 million remaining on an approved $40 million program), and investing in its bank, which leverages equity 6 to 1 with deposits.
Dec 3, 2025, 3:00 PM
Medallion Financial Corp. Reports Strong Q3 2025 Results and Announces Future CEO Transition
MFIN
Earnings
Dividends
Management Change
- 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.
- 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.
- 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.
- Medallion Financial Corp. paid a quarterly dividend of $0.12 per share and has $14.4 million remaining under its share repurchase program. Additionally, Andrew Murstein will assume an expanded role as CEO starting January 31, 2026.
Oct 30, 2025, 1:00 PM
Medallion Financial Corp. Announces Q3 2025 Financial Performance
MFIN
Earnings
Dividends
Share Buyback
- 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.
- The company's Net Interest Income for Q3 2025 was $55.7 million, with a net interest margin (net) of 8.56%.
- 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.
- Medallion Financial Corp. declared a quarterly dividend of $0.12 per share for Q3 2025 and Q4 2025.
- 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.
Oct 30, 2025, 1:00 PM
Medallion Financial Corp. Reports Strong Q3 2025 Results with Increased Loan Originations and Dividends
MFIN
Earnings
Dividends
Share Buyback
- 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. Excluding this charge, net income was $11.3 million.
- 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.
- 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.
- 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. Additionally, 108,351 shares were repurchased for $1.0 million during the nine months ended September 30, 2025.
Oct 29, 2025, 8:10 PM
Medallion Financial Corp. Reports Strong Q3 2025 Results
MFIN
Earnings
Dividends
Share Buyback
- 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.
- 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.
- 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.
- Net book value per share increased 9% to $17.07 as of September 30, 2025, from $15.70 a year ago. 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.
Oct 29, 2025, 8:07 PM
Medallion Bank Reports Q3 2025 Results and Declares Series G Preferred Stock Dividend
MFIN
Earnings
Dividends
- 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.
- 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.
- 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%.
- 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.
- 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.
Oct 29, 2025, 8:05 PM
Medallion Financial Highlights Strong Loan Growth and Shareholder Returns
MFIN
Earnings
Dividends
Share Buyback
- 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.
- 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).
- For the nine months ended September 30, 2025, Medallion Financial reported net income attributable to Medallion Financial Corp. of $30.846 million.
- 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.
- 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.
Oct 28, 2025, 11:00 PM
Quarterly earnings call transcripts for MEDALLION FINANCIAL.
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