MFIN
Medallion Financial Corp.10.71
+0.06+0.56%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
249.32MP/E (TTM)
6.26Basic EPS (TTM)
1.71Dividend Yield
0.04%Recent Filings
10-Q
Q3 FY2025 results
Medallion Financial's Q3 FY2025 results showed steady topline momentum, with total interest income up 5.7% y/y to $80.8M, driven by 5.8% y/y growth in the recreation loan portfolio to $1.60B and higher yields of 12.39% on loans (up 27 bps y/y, derived). Net interest income rose 5.6% y/y to $55.7M, though margins dipped slightly to 8.21% amid rising deposit costs at 3.94% (up 27 bps y/y). Provisions for credit losses fell 7.9% y/y to $18.6M, reflecting controlled originations and seasonal delinquency improvements, while net charge-offs edged up to $14.4M. Liquidity strengthened with $151M in cash equivalents and $85.7M untapped Federal Reserve capacity, supporting $2.36B in total debt at 4.14% average rate. Yet competition in consumer lending remains a key risk.
8-K
CEO succession announced
Medallion Financial announced a leadership transition on October 24, 2025, with Alvin Murstein stepping down as CEO effective January 31, 2026, to become Executive Chairman until May 29, 2027, while his son Andrew Murstein assumes the CEO role alongside his President and COO duties. The Board amended bylaws to formalize the Executive Chairman position and updated employment agreements to preserve compensation structures, including full vesting of non-performance equity upon retirement. This succession ensures continuity in the specialty finance lender's strategy. Transition smooth.
10-Q
Q2 FY2025 results
Medallion Financial's Q2 FY2025 results showed revenue up 9.5% y/y to $77.4M, driven by 6.7% growth in the recreation loan portfolio to $1.5B and higher yields at 12.3%, while home improvement loans dipped 2.2% to $803.5M amid selective originations. Net interest income rose 7.0% y/y to $53.4M, but provisions for credit losses climbed 16.1% to $21.6M on elevated recreation charge-offs of 3.3% (derived), pushing net income to $11.1M or $0.46 diluted EPS, up 55.8% y/y with shares steady at 24.1M. Cash swelled to $110.4M from $98.2M at year-end, bolstered by $73.1M in new Bank preferred stock; total debt eased to $2.3B with $2.0B in deposits at 3.8% cost. Yet regulatory scrutiny on lending practices lingers as a key risk.
8-K
Net income up 56%
Medallion Financial Corp. reported Q2 2025 net income of $11.1 million, up 56% from $7.1 million a year ago, fueled by 7% higher net interest income at $53.4 million and $6.1 million in commercial equity gains. Loan originations surged to $375 million, with strategic partnerships jumping to $168.6 million from $24.3 million, expanding the portfolio to $2.485 billion. Yet credit provisions rose to $21.6 million. Solid momentum.
8-K
Stockholders approve equity plan amendment
Medallion Financial Corp. stockholders approved Amendment No. 3 to the 2018 Equity Incentive Plan at the June 12, 2025 annual meeting, boosting reserved shares by 2,000,000 to 7,710,968 for future equity awards. The vote passed with 11,579,816 in favor amid 82.99% quorum turnout. This bolsters talent retention tools. No other proposals failed.
IPO
Website
Employees
Sector
Industry
CACC
Credit Acceptance Corporation
454.87-9.17
CFNB
California First Leasing Corpor
23.00+0.00
COF
Capital One Financial Corporati
241.61+1.80
LMFA
LM Funding America, Inc.
0.72-0.00
MFA
MFA Financial, Inc.
9.49-0.11
OPRT
Oportun Financial Corporation
5.49+0.03
QFIN
Qfin Holdings, Inc.
19.10-0.11
SYF
Synchrony Financial
83.39+0.18
WRLD
World Acceptance Corporation
146.84+1.17
XYF
X Financial
6.63-0.25