Go Pro
→ Elon Is Quietly Doubling Down on This Bizarre Asset (From Brownstone Research) (Ad)tc pixel Free MFIN Stock Alerts

Medallion Financial (MFIN) Financials

Medallion Financial logo
$10.00 +0.03 (+0.30%)
Closing price 07/10/2026 04:00 PM Eastern
Extended Trading
$10.00 0.00 (0.00%)
As of 07/10/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Compare
Annual Income Statements for Medallion Financial

Annual Income Statements for Medallion Financial

This table shows Medallion Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -25 -1.76 -35 54 44 55 36 43
Consolidated Net Income / (Loss)		 -23 2.00 -27 58 50 61 42 55
Net Income / (Loss) Continuing Operations		 0.74 11 -27 58 50 57 38 48
Total Pre-Tax Income 		-11 2.34 -37 82 68 86 63 80
Total Revenue		 114 127 105 159 170 195 210 248
Net Interest Income / (Expense)		 72 98 111 128 160 188 203 217
Total Interest Income		 101 133 145 159 197 251 291 315
Loans and Leases Interest Income		 95 130 144 158 195 245 283 308
Investment Securities Interest Income		 5.62 2.23 1.21 0.98 1.55 6.21 7.39 7.25
Total Interest Expense		 28 35 34 31 36 63 88 98
Deposits Interest Expense		 14 23 22 18 23 48 71 80
Short-Term Borrowings Interest Expense		 4.44 3.24 2.01 0.69 0.13 2.50 0.57 2.84
Long-Term Debt Interest Expense		 9.70 9.28 9.82 13 13 13 17 15
Total Non-Interest Income		 42 20 -5.94 32 9.53 11 11 38
Other Service Charges		 0.49 1.88 0.51 0.80 1.96 -1.28 -0.03 0.26
Net Realized & Unrealized Capital Gains on Investments		 4.01 4.15 -1.97 24 8.23 8.47 7.80 30
Provision for Credit Losses		 59 47 70 4.62 30 38 77 90
Total Non-Interest Expense		 66 68 72 73 72 76 74 85
Salaries and Employee Benefits		 22 25 28 32 31 38 38 42
Other Operating Expenses		 4.88 41 42 40 39 37 35 42
Amortization Expense		 1.08 1.45 1.45 1.45 1.45 1.45 1.45 1.45
Income Tax Expense		 - 0.34 -10 24 18 25 21 25
Net Income / (Loss) Attributable to Noncontrolling Interest		 2.31 3.76 7.88 3.55 6.05 6.05 6.05 8.78
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders)		 - 0.00 - - - 0.00 0.00 3.52
Basic Earnings per Share		 ($1.03) ($0.07) ($1.42) $2.20 $1.86 $2.45 $1.59 $1.89
Weighted Average Basic Shares Outstanding		 24.21M 24.34M 24.45M 24.60M 23.58M 22.51M 22.55M 22.77M
Diluted Earnings per Share		 ($1.03) ($0.07) ($1.42) $2.17 $1.83 $2.37 $1.52 $1.78
Weighted Average Diluted Shares Outstanding		 24.21M 24.34M 24.45M 24.94M 23.93M 23.25M 23.61M 24.25M
Weighted Average Basic & Diluted Shares Outstanding		 24.43M 24.81M 25.04M 25.54M 23.32M 23.48M 23.26M 23.53M

Quarterly Income Statements for Medallion Financial

This table shows Medallion Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 11 14 10 7.10 8.61 10 12 11 7.76 12 4.95
Consolidated Net Income / (Loss)		 13 16 12 8.61 10 12 14 14 14 15 7.29
Net Income / (Loss) Continuing Operations		 13 12 12 8.61 10 12 14 14 14 7.29 7.29
Total Pre-Tax Income 		19 22 18 12 14 18 20 19 19 21 12
Total Revenue		 53 48 53 51 53 56 63 63 59 63 56
Net Interest Income / (Expense)		 49 49 48 50 53 52 51 53 56 56 54
Total Interest Income		 66 68 67 71 76 77 75 77 81 82 79
Loans and Leases Interest Income		 65 65 65 69 75 75 74 76 79 80 77
Investment Securities Interest Income		 1.28 2.16 1.85 1.84 1.87 1.82 1.69 1.91 1.84 1.82 1.73
Total Interest Expense		 17 19 19 21 24 25 24 24 25 25 25
Deposits Interest Expense		 13 14 15 17 19 20 20 20 21 21 21
Short-Term Borrowings Interest Expense		 0.77 0.17 0.15 0.13 0.13 0.17 0.71 0.55 0.71 0.87 0.66
Long-Term Debt Interest Expense		 2.90 3.98 4.26 4.18 4.36 4.30 3.69 3.92 3.87 3.75 3.61
Total Non-Interest Income		 4.31 2.99 5.40 1.10 0.59 4.24 12 9.21 3.05 14 2.41
Other Service Charges		 0.74 -3.15 0.61 1.37 0.77 0.85 1.33 1.06 1.02 -3.15 1.00
Net Realized & Unrealized Capital Gains on Investments		 3.60 1.71 4.80 -0.27 -0.18 3.90 10 8.15 2.02 10 1.41
Provision for Credit Losses		 15 11 17 19 20 21 22 22 19 28 22
Total Non-Interest Expense		 19 19 18 20 19 17 21 22 21 22 22
Salaries and Employee Benefits		 9.63 9.76 9.46 9.44 9.46 10.00 9.99 10 10 11 11
Other Operating Expenses		 9.10 8.97 8.41 10 9.18 6.86 9.79 11 10 10 10
Depreciation Expense		 - - - - - - 0.62 - - - 0.63
Amortization Expense		 0.36 0.36 0.36 0.36 0.36 0.36 0.36 0.36 0.36 0.36 0.36
Income Tax Expense		 6.73 6.33 6.36 3.78 4.06 6.82 6.71 5.81 5.86 6.16 4.33
Net Income / (Loss) Attributable to Noncontrolling Interest		 1.51 1.51 1.51 1.51 1.51 1.51 1.51 2.60 5.85 -1.18 2.34
Basic Earnings per Share		 $0.50 $0.63 $0.44 $0.31 $0.38 $0.46 $0.53 $0.49 $0.34 $0.53 $0.21
Weighted Average Basic Shares Outstanding		 22.60M 22.51M 22.64M 22.60M 22.49M 22.55M 22.57M 22.78M 22.85M 22.77M 23.06M
Diluted Earnings per Share		 $0.48 $0.60 $0.42 $0.30 $0.37 $0.43 $0.50 $0.46 $0.32 $0.50 $0.20
Weighted Average Diluted Shares Outstanding		 23.39M 23.25M 23.77M 23.45M 23.45M 23.61M 23.90M 24.06M 24.44M 24.25M 24.55M
Weighted Average Basic & Diluted Shares Outstanding		 23.36M 23.48M 23.38M 23.17M 23.07M 23.26M 23.24M 23.25M 23.28M 23.53M 23.85M

Annual Cash Flow Statements for Medallion Financial

This table details how cash moves in and out of Medallion Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 15 10 44 12 -19 44 20 32
Net Cash From Operating Activities		 67 65 79 79 109 114 109 126
Net Cash From Continuing Operating Activities		 67 65 79 79 109 114 109 126
Net Income / (Loss) Continuing Operations		 -23 2.00 -27 58 50 61 42 55
Consolidated Net Income / (Loss)		 -23 2.00 -27 58 50 61 42 55
Provision For Loan Losses		 59 47 70 4.62 30 38 77 90
Depreciation Expense		 12 9.23 7.71 6.52 5.23 5.24 6.22 8.32
Amortization Expense		 3.13 4.95 6.02 8.00 8.71 9.59 9.17 11
Non-Cash Adjustments to Reconcile Net Income		 -4.27 -5.58 37 -12 -0.03 8.52 -9.12 -28
Changes in Operating Assets and Liabilities, net		 19 6.95 -15 14 15 -8.50 -16 -9.76
Net Cash From Investing Activities		 -24 -207 -171 -238 -449 -341 -329 -124
Net Cash From Continuing Investing Activities		 -24 -207 -171 -238 -449 -341 -329 -124
Purchase of Investment Securities		 -344 -482 -522 -780 -1,021 -869 -863 -765
Sale and/or Maturity of Investments		 320 275 351 524 572 528 534 640
Net Cash From Financing Activities		 -28 152 136 172 321 271 240 30
Net Cash From Continuing Financing Activities		 -28 152 136 172 321 271 240 30
Net Change in Deposits		 364 526 - 806 839 975 1,323 1,518
Repayment of Debt		 -398 -418 -526 -627 -484 -690 -1,062 -1,493
Repurchase of Common Equity		 - - 0.00 0.00 -21 0.00 -4.61 -0.99
Payment of Dividends		 -1.84 -2.37 -6.04 -6.52 -14 -14 -15 -20
Other Financing Activities, Net		 0.00 42 0.00 0.24 0.16 -0.33 -0.69 26
Cash Interest Paid		 25 32 31 30 32 58 83 96
Cash Income Taxes Paid		 0.09 0.31 0.10 5.48 8.85 25 22 23

Quarterly Cash Flow Statements for Medallion Financial

This table details how cash moves in and out of Medallion Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 3.09 22 19 -11 30 -18 -12 -6.00 -1.02 51 -63
Net Cash From Operating Activities		 36 20 32 28 25 28 33 -11 67 34 41
Net Cash From Continuing Operating Activities		 36 20 32 28 25 28 33 -11 67 34 41
Net Income / (Loss) Continuing Operations		 13 16 12 8.61 10 12 14 14 14 15 7.29
Consolidated Net Income / (Loss)		 13 16 12 8.61 10 12 14 14 14 15 7.29
Provision For Loan Losses		 15 11 17 19 20 21 22 22 19 28 22
Depreciation Expense		 1.34 1.37 1.38 1.34 1.65 1.85 2.11 2.11 2.05 2.06 2.04
Amortization Expense		 2.61 2.31 2.01 2.29 2.33 2.55 2.34 2.58 2.73 2.95 3.01
Non-Cash Adjustments to Reconcile Net Income		 6.14 -3.69 -3.28 8.10 -8.00 -1.74 -11 -4.65 -6.78 -8.62 5.82
Changes in Operating Assets and Liabilities, net		 -1.51 -6.94 3.41 -11 -1.64 -6.52 4.27 -46 37 -4.85 0.69
Net Cash From Investing Activities		 -63 -12 -33 -172 -104 -25 -1.58 -26 -73 -21 -86
Net Cash From Continuing Investing Activities		 -63 -12 -33 -172 -104 -25 -1.58 -26 -73 -21 -86
Purchase of Investment Securities		 -223 -53 -177 -321 -201 -289 -152 -388 78 -167 -222
Sale and/or Maturity of Investments		 160 41 144 149 97 265 150 362 -151 145 136
Net Cash From Financing Activities		 30 15 20 133 109 -22 -43 30 4.86 38 -18
Net Cash From Continuing Financing Activities		 30 15 20 133 109 -22 -43 30 4.86 38 -18
Net Change in Deposits		 - - 213 345 470 295 - 466 320 149 246
Repayment of Debt		 -136 -273 -186 -207 -356 -313 -619 -504 -264 -106 -254
Repurchase of Common Equity		 - - -2.13 -1.52 -0.97 - -0.53 -0.46 - - 0.00
Payment of Dividends		 -3.31 -3.76 -3.99 -3.76 -3.73 -3.96 -4.37 -4.55 -5.79 -5.04 -5.44
Other Financing Activities, Net		 0.12 0.03 -0.86 0.02 0.04 0.12 -1.20 73 -46 0.05 -4.31
Cash Interest Paid		 16 15 19 18 24 22 25 24 24 23 25
Cash Income Taxes Paid		 4.16 12 0.01 11 3.48 8.24 0.01 9.66 5.95 7.48 0.01

Annual Balance Sheets for Medallion Financial

This table presents Medallion Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 1,810 1,382 1,542 1,642 1,873 2,260 2,588 2,869 2,955
Cash and Due from Banks		 123 24 18 55 64 33 53 98 136
Federal Funds Sold		 - 34 50 57 60 72 97 71 65
Trading Account Securities		 908 55 59 57 54 59 66 64 68
Loans and Leases, Net of Allowance		 865 981 1,115 1,172 1,439 1,853 2,132 2,265 2,437
Loans and Leases		 865 1,018 1,161 1,230 1,489 1,917 2,216 2,363 2,552
Allowance for Loan and Lease Losses		 0.00 36 46 58 50 64 84 97 115
Loans Held for Sale		 - - - - 1,439 - 0.00 128 15
Premises and Equipment, Net		 0.24 1.22 14 12 12 13 14 14 12
Goodwill		 - 151 151 151 151 151 151 151 151
Intangible Assets		 - 54 53 51 23 22 21 19 18
Other Assets		 982 82 82 87 69 56 55 58 53
Total Liabilities & Shareholders' Equity		 1,713 1,382 1,542 1,642 1,873 2,260 2,588 2,869 2,955
Total Liabilities		 1,363 1,092 1,207 1,338 1,517 1,889 2,176 2,430 2,447
Non-Interest Bearing Deposits		 - 848 952 1,065 1,251 1,607 1,867 2,090 2,084
Short-Term Debt		 - 55 38 87 0.00 5.00 8.00 49 95
Accrued Interest Payable		 5.68 3.85 4.40 4.67 3.40 4.79 6.82 8.23 6.32
Other Short-Term Payables		 4.37 19 - 15 - 23 31 24 20
Long-Term Debt		 - 159 175 154 220 214 236 232 216
Other Long-Term Liabilities		 13 6.97 38 12 43 35 28 26 25
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 574 290 334 305 356 371 412 439 508
Total Preferred & Common Equity		 451 263 263 231 287 302 343 370 409
Total Common Equity		 353 263 263 231 287 302 343 370 409
Common Stock		 274 275 276 278 280 284 288 294 300
Retained Earnings		 - 13 11 -24 31 67 104 130 162
Treasury Stock		 -25 -25 -25 -25 -25 -46 -46 -50 -51
Accumulated Other Comprehensive Income / (Loss)		 104 -0.08 1.00 2.01 1.03 -3.35 -3.70 -3.65 -2.38
Noncontrolling Interest		 - 28 71 73 69 69 69 69 99

Quarterly Balance Sheets for Medallion Financial

This table presents Medallion Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 2,559 2,619 2,761 2,880 2,848 2,880 2,900 2,950
Cash and Due from Banks		 37 55 88 121 132 110 72 94
Federal Funds Sold		 90 114 70 67 26 42 79 45
Trading Account Securities		 64 69 67 67 69 70 70 76
Loans and Leases, Net of Allowance		 2,124 2,145 2,296 2,389 2,261 2,306 2,375 2,491
Loans and Leases		 2,203 2,228 2,386 2,485 2,362 2,413 2,486 2,607
Allowance for Loan and Lease Losses		 79 84 90 97 100 107 111 117
Loans Held for Sale		 - - - - 125 72 73 11
Premises and Equipment, Net		 13 14 14 14 13 12 11 11
Goodwill		 151 151 151 151 151 151 151 151
Intangible Assets		 21 20 20 20 19 18 18 17
Other Assets		 58 51 56 52 52 99 51 55
Total Liabilities & Shareholders' Equity		 2,559 2,619 2,761 2,880 2,848 2,880 2,900 2,950
Total Liabilities		 2,161 2,201 2,338 2,449 2,399 2,347 2,404 2,443
Non-Interest Bearing Deposits		 1,855 1,879 2,007 2,108 2,023 2,009 2,056 2,129
Short-Term Debt		 18 33 38 49 112 87 80 45
Accrued Interest Payable		 4.62 6.08 7.95 6.89 6.61 5.75 5.29 5.64
Other Short-Term Payables		 32 24 - 26 28 20 21 21
Long-Term Debt		 218 226 231 232 200 200 216 214
Other Long-Term Liabilities		 33 34 55 26 30 26 25 29
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 397 418 423 431 449 533 497 508
Total Preferred & Common Equity		 328 349 354 362 380 390 397 408
Total Common Equity		 328 349 354 362 380 390 397 408
Common Stock		 287 289 291 292 294 296 298 298
Retained Earnings		 92 112 116 123 140 148 153 164
Treasury Stock		 -46 -48 -49 -50 -51 -51 -51 -51
Accumulated Other Comprehensive Income / (Loss)		 -4.96 -3.85 -3.74 -2.25 -3.01 -3.10 -2.42 -2.77
Noncontrolling Interest		 69 69 69 69 69 143 99 99

Annual Metrics And Ratios for Medallion Financial

This table displays calculated financial ratios and metrics derived from Medallion Financial's official financial filings.

Metric 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 24,440,052.00 24,609,203.00 24,814,103.00 25,078,944.00 22,927,839.00 23,363,731.00 - 23,279,435.00
DEI Adjusted Shares Outstanding		 24,440,052.00 24,609,203.00 24,814,103.00 25,078,944.00 22,927,839.00 23,363,731.00 - 23,279,435.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.93 0.08 -1.08 2.30 2.18 2.62 - 2.38
Growth Metrics		 - - - - - - - -
Revenue Growth		 0.00% 10.65% -17.20% 51.98% 6.63% 14.90% 7.25% 17.76%
EBITDA Growth		 0.00% 470.62% -191.94% 514.65% -15.15% 18.28% -22.35% 22.46%
EBIT Growth		 0.00% 203.52% -433.19% 321.39% -17.13% 20.72% -26.85% 22.35%
NOPAT Growth		 0.00% 126.59% -1,396.93% 322.72% -13.47% 22.53% -31.41% 32.00%
Net Income Growth		 0.00% 108.78% -1,448.05% 314.27% -13.47% 22.53% -31.41% 32.00%
EPS Growth		 0.00% 93.20% -1,928.57% 252.82% -15.67% 29.51% -35.87% 17.11%
Operating Cash Flow Growth		 0.00% -2.43% 21.21% 0.03% 38.12% 4.64% 1.54% 16.20%
Free Cash Flow Firm Growth		 0.00% 0.00% 41.16% 213.52% 30.50% -112.13% -426.08% -91.59%
Invested Capital Growth		 0.00% 8.55% -0.31% 5.53% 2.44% 11.10% 9.89% 13.77%
Revenue Q/Q Growth		 0.00% 139.02% -27.50% 53.05% -5.20% 1.78% 2.03% 2.94%
EBITDA Q/Q Growth		 0.00% 144.62% -702.36% 94.18% -13.63% -0.29% -3.65% -4.59%
EBIT Q/Q Growth		 0.00% 115.63% -262.88% 137.49% -14.81% -1.93% -5.54% -6.46%
NOPAT Q/Q Growth		 0.00% -86.67% 19.09% 25.94% -10.24% 2.09% -9.06% 5.49%
Net Income Q/Q Growth		 0.00% -83.44% 6.48% 47.61% -10.24% 2.09% -9.06% 5.49%
EPS Q/Q Growth		 0.00% -121.88% 16.47% 30.72% -9.85% 0.85% -10.06% 4.09%
Operating Cash Flow Q/Q Growth		 0.00% -6.59% 2.21% -6.41% 13.58% -8.16% 8.19% 2.24%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% -14.27% 417.64% -2.51% -181.71% 29.02% -55.67%
Invested Capital Q/Q Growth		 0.00% 5.88% 7.81% 2.73% 1.81% 3.38% 1.11% 3.34%
Profitability Metrics		 - - - - - - - -
EBITDA Margin		 3.87% 19.96% -22.16% 60.47% 48.12% 49.54% 36.62% 36.97%
EBIT Margin		 -9.37% 8.76% -35.26% 51.36% 39.92% 41.94% 29.43% 29.33%
Profit (Net Income) Margin		 -19.86% 1.58% -25.66% 36.17% 29.35% 31.30% 19.60% 22.35%
Tax Burden Percent		 212.08% 85.41% 72.76% 70.42% 73.53% 71.05% 66.62% 69.28%
Interest Burden Percent		 100.00% 21.06% 100.00% 100.00% 100.00% 105.04% 100.00% 109.97%
Effective Tax Rate		 0.00% 14.59% 0.00% 29.58% 26.47% 28.95% 33.38% 30.72%
Return on Invested Capital (ROIC)		 -1.49% 0.38% -4.74% 10.28% 8.56% 9.82% 6.10% 7.19%
ROIC Less NNEP Spread (ROIC-NNEP)		 -8.61% 0.38% -5.19% 10.28% 8.56% 9.82% 6.10% 7.19%
Return on Net Nonoperating Assets (RNNOA)		 -6.35% 0.26% -3.68% 7.18% 5.18% 5.81% 3.76% 4.50%
Return on Equity (ROE)		 -7.84% 0.64% -8.42% 17.46% 13.74% 15.63% 9.86% 11.69%
Cash Return on Invested Capital (CROIC)		 0.00% -7.82% -4.43% 4.90% 6.15% -0.70% -3.33% -5.69%
Operating Return on Assets (OROA)		 -0.67% 0.76% -2.32% 4.66% 3.28% 3.38% 2.31% 2.49%
Return on Assets (ROA)		 -1.42% 0.14% -1.69% 3.28% 2.41% 2.52% 1.54% 1.90%
Return on Common Equity (ROCE)		 -5.58% 0.54% -6.52% 13.71% 11.13% 12.88% 8.26% 9.61%
Return on Equity Simple (ROE_SIMPLE)		 -8.66% 0.76% -11.63% 20.09% 16.53% 17.82% 11.33% 13.54%
Net Operating Profit after Tax (NOPAT)		 -7.51 2.00 -26 58 50 61 42 55
NOPAT Margin		 -6.56% 1.58% -24.68% 36.17% 29.35% 31.30% 19.60% 22.35%
Net Nonoperating Expense Percent (NNEP)		 7.12% 0.00% 0.45% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 22.01% 20.61% 26.86% 19.82% 18.32% 19.23% 17.93% 16.82%
Operating Expenses to Revenue		 57.82% 53.83% 68.69% 45.74% 42.39% 38.70% 34.80% 34.40%
Earnings before Interest and Taxes (EBIT)		 -11 11 -37 82 68 82 63 73
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 4.43 25 -23 96 82 97 78 92
Valuation Ratios		 - - - - - - - -
Price to Book Value (P/BV)		 0.39 0.60 0.46 0.45 0.49 0.60 0.59 0.58
Price to Tangible Book Value (P/TBV)		 1.75 2.65 3.65 1.14 1.16 1.20 1.08 0.98
Price to Revenue (P/Rev)		 0.89 1.25 1.03 0.81 0.88 1.05 1.01 0.95
Price to Earnings (P/E)		 0.00 0.00 0.00 2.38 3.41 3.74 6.04 5.49
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 4.91% 3.86% 4.37% 4.63%
Earnings Yield		 0.00% 0.00% 0.00% 42.04% 29.36% 26.77% 16.56% 18.22%
Enterprise Value to Invested Capital (EV/IC)		 0.57 0.68 0.57 0.51 0.56 0.56 0.55 0.54
Enterprise Value to Revenue (EV/Rev)		 2.49 2.96 2.95 1.84 1.95 1.89 1.86 1.80
Enterprise Value to EBITDA (EV/EBITDA)		 64.39 14.82 0.00 3.04 4.06 3.81 5.07 4.86
Enterprise Value to EBIT (EV/EBIT)		 0.00 33.75 0.00 3.58 4.89 4.50 6.31 6.13
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 187.70 0.00 5.08 6.65 6.02 9.47 8.05
Enterprise Value to Operating Cash Flow (EV/OCF)		 4.29 5.77 3.94 3.72 3.05 3.24 3.44 3.53
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 10.67 9.26 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - -
Debt to Equity		 0.74 0.64 0.79 0.62 0.59 0.59 0.64 0.61
Long-Term Debt to Equity		 0.55 0.52 0.50 0.62 0.58 0.57 0.53 0.43
Financial Leverage		 0.74 0.68 0.71 0.70 0.60 0.59 0.62 0.63
Leverage Ratio		 3.69 4.68 4.98 5.32 5.69 6.20 6.41 6.15
Compound Leverage Factor		 3.69 0.99 4.98 5.32 5.69 6.51 6.41 6.76
Debt to Total Capital		 42.44% 38.89% 44.18% 38.20% 37.18% 37.16% 39.04% 37.99%
Short-Term Debt to Total Capital		 10.94% 6.98% 16.01% 0.00% 0.85% 1.22% 6.80% 11.63%
Long-Term Debt to Total Capital		 31.50% 31.90% 28.17% 38.20% 36.34% 35.94% 32.24% 26.36%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 5.47% 13.03% 13.41% 11.95% 11.66% 10.50% 9.55% 12.14%
Common Equity to Total Capital		 52.08% 48.08% 42.41% 49.85% 51.16% 52.34% 51.40% 49.88%
Debt to EBITDA		 48.29 8.42 -10.37 2.28 2.68 2.52 3.59 3.40
Net Debt to EBITDA		 35.27 5.74 -5.55 0.99 1.39 0.97 1.42 1.20
Long-Term Debt to EBITDA		 35.84 6.91 -6.61 2.28 2.62 2.43 2.96 2.36
Debt to NOPAT		 -28.51 106.63 -9.31 3.82 4.40 3.98 6.71 5.62
Net Debt to NOPAT		 -20.82 72.65 -4.98 1.66 2.28 1.53 2.66 1.98
Long-Term Debt to NOPAT		 -21.16 87.48 -5.94 3.82 4.30 3.85 5.54 3.90
Noncontrolling Interest Sharing Ratio		 28.82% 15.83% 22.61% 21.49% 18.94% 17.59% 16.17% 17.76%
Liquidity Ratios		 - - - - - - - -
Cash Flow Metrics		 - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 -41 -24 27 36 -4.35 -23 -44
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 -1.17 -0.71 0.88 0.99 -0.07 -0.26 -0.45
Operating Cash Flow to Interest Expense		 2.35 1.85 2.30 2.53 3.01 1.81 1.31 1.28
Operating Cash Flow Less CapEx to Interest Expense		 2.35 1.85 2.30 2.53 3.01 1.81 1.31 1.28
Efficiency Ratios		 - - - - - - - -
Asset Turnover		 0.07 0.09 0.07 0.09 0.08 0.08 0.08 0.09
Fixed Asset Turnover		 157.14 16.24 7.83 13.19 13.64 14.34 15.37 19.33
Capital & Investment Metrics		 - - - - - - - -
Invested Capital		 504 547 546 576 590 655 720 819
Invested Capital Turnover		 0.23 0.24 0.19 0.28 0.29 0.31 0.31 0.32
Increase / (Decrease) in Invested Capital		 0.00 43 -1.69 30 14 65 65 99
Enterprise Value (EV)		 285 375 310 293 332 368 397 445
Market Capitalization		 101 158 108 129 149 206 217 236
Book Value per Share		 $10.75 $10.69 $9.33 $11.45 $13.16 $14.68 $16.05 $17.55
Tangible Book Value per Share		 $2.37 $2.43 $1.19 $4.50 $5.62 $7.34 $8.68 $10.31
Total Capital		 504 547 546 576 590 655 720 819
Total Debt		 214 213 241 220 219 244 281 311
Total Long-Term Debt		 159 175 154 220 214 236 232 216
Net Debt		 156 145 129 95 114 94 112 110
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 15 0.00 1.02 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 214 213 241 220 219 244 281 311
Total Depreciation and Amortization (D&A)		 15 14 14 15 14 15 15 19
Earnings Adjustments		 - - - - - - - -
Adjusted Basic Earnings per Share		 ($1.03) ($0.07) ($1.42) $2.20 $1.86 $2.45 $1.59 $1.89
Adjusted Weighted Average Basic Shares Outstanding		 24.21M 24.34M 24.45M 24.60M 23.58M 22.51M 22.55M 22.77M
Adjusted Diluted Earnings per Share		 ($1.03) ($0.07) ($1.42) $2.17 $1.83 $2.37 $1.52 $1.78
Adjusted Weighted Average Diluted Shares Outstanding		 24.21M 24.34M 24.45M 24.94M 23.93M 23.25M 23.61M 24.25M
Adjusted Basic & Diluted Earnings per Share		 $0.00 ($0.07) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 24.43M 24.81M 25.04M 25.54M 23.32M 23.48M 23.26M 23.53M
Normalized Net Operating Profit after Tax (NOPAT)		 -0.49 2.00 -26 58 50 61 42 55
Normalized NOPAT Margin		 -0.43% 1.58% -24.68% 36.17% 29.35% 31.30% 19.60% 22.35%
Pre Tax Income Margin		 -9.37% 1.85% -35.26% 51.36% 39.92% 44.06% 29.43% 32.26%
Debt Service Ratios		 - - - - - - - -
EBIT to Interest Expense		 -0.38 0.32 -1.08 2.63 1.88 1.30 0.71 0.74
NOPAT to Interest Expense		 -0.26 0.06 -0.76 1.85 1.38 0.97 0.48 0.56
EBIT Less CapEx to Interest Expense		 -0.38 0.32 -1.08 2.63 1.88 1.30 0.71 0.74
NOPAT Less CapEx to Interest Expense		 -0.26 0.06 -0.76 1.85 1.38 0.97 0.48 0.56
Payout Ratios		 - - - - - - - -
Dividend Payout Ratio		 -8.10% 118.59% -22.46% 11.30% 27.24% 22.49% 36.83% 35.70%
Augmented Payout Ratio		 -8.10% 118.59% -22.46% 11.30% 68.57% 22.49% 47.82% 37.48%

Quarterly Metrics And Ratios for Medallion Financial

This table displays calculated financial ratios and metrics derived from Medallion Financial's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 23,362,089.00 23,363,731.00 23,483,564.00 23,376,542.00 23,168,761.00 - 23,262,103.00 23,236,480.00 23,246,593.00 23,279,435.00 23,530,083.00
DEI Adjusted Shares Outstanding		 23,362,089.00 23,363,731.00 23,483,564.00 23,376,542.00 23,168,761.00 - 23,262,103.00 23,236,480.00 23,246,593.00 23,279,435.00 23,530,083.00
DEI Earnings Per Adjusted Shares Outstanding		 0.55 0.68 0.49 0.37 0.44 - 0.58 0.59 0.59 0.62 0.31
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 26.98% 7.69% 16.71% 4.80% 0.44% 8.17% 18.18% 22.78% 10.15% 20.17% -10.39%
EBITDA Growth		 42.54% -1.30% -20.38% -35.62% -22.48% -11.48% 15.97% 50.82% 33.55% -4.34% -32.48%
EBIT Growth		 57.61% -8.23% -23.05% -41.41% -27.18% -16.65% 13.11% 57.10% 37.37% -9.73% -42.60%
NOPAT Growth		 39.29% 8.60% -31.63% -45.08% -20.55% -26.38% 17.25% 58.68% 34.49% 24.72% -46.11%
Net Income Growth		 39.29% 8.60% -31.63% -45.08% -20.55% -26.38% 17.25% 58.68% 34.49% 24.72% -46.11%
EPS Growth		 50.00% 3.45% -37.31% -51.61% -22.92% -28.33% 19.05% 53.33% -13.51% 16.28% -60.00%
Operating Cash Flow Growth		 30.14% -33.98% 10.74% -5.19% -31.37% 44.55% 2.76% -138.79% 172.18% 39.70% 24.65%
Free Cash Flow Firm Growth		 -332.58% -9,431.77% -895.80% -35.78% -63.13% -7.05% 5.09% -135.05% 1.77% -59.24% 102.17%
Invested Capital Growth		 9.42% 11.10% 14.65% 9.04% 12.36% 9.89% 12.51% 18.54% 11.32% 13.77% 0.76%
Revenue Q/Q Growth		 9.16% -9.82% 2.53% -4.41% 4.62% 5.49% 19.58% -0.69% -6.14% 7.81% -10.82%
EBITDA Q/Q Growth		 -5.89% -7.33% -17.61% -24.72% 13.32% 25.94% 27.85% -2.09% 0.35% -23.85% -9.76%
EBIT Q/Q Growth		 -7.97% -7.39% -19.24% -30.73% 14.38% 30.27% 35.77% -3.79% 0.02% -30.91% -13.67%
NOPAT Q/Q Growth		 -18.75% 24.23% -27.12% -25.34% 17.53% 15.11% 16.07% 1.04% -0.39% 6.76% -49.85%
Net Income Q/Q Growth		 -18.75% 24.23% -27.12% -25.34% 17.53% 15.11% 16.07% 1.04% -0.39% 6.76% -49.85%
EPS Q/Q Growth		 -22.58% 25.00% -30.00% -28.57% 23.33% 16.22% 16.28% -8.00% -30.43% 56.25% -60.00%
Operating Cash Flow Q/Q Growth		 22.98% -45.22% 64.37% -14.29% -10.99% 4.10% 37.13% -129.57% 724.63% -49.58% 22.35%
Free Cash Flow Firm Q/Q Growth		 -16.55% -18.74% -50.73% 34.91% -40.03% 22.08% -33.63% -61.20% 41.48% -26.32% 101.82%
Invested Capital Q/Q Growth		 0.02% 3.38% 3.14% 2.25% 3.06% 1.11% 5.60% 7.73% -3.22% 3.34% -6.48%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 44.12% 45.33% 39.91% 31.44% 34.05% 40.65% 39.17% 38.61% 41.28% 29.16% 29.51%
EBIT Margin		 36.67% 37.66% 33.56% 24.32% 26.59% 32.83% 32.12% 31.12% 33.16% 21.25% 20.57%
Profit (Net Income) Margin		 24.00% 33.06% 21.64% 16.90% 18.98% 20.72% 21.47% 21.84% 23.18% 22.95% 12.91%
Tax Burden Percent		 65.45% 71.44% 64.47% 69.49% 71.40% 63.09% 66.83% 70.19% 69.90% 70.22% 62.74%
Interest Burden Percent		 100.00% 122.90% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 153.82% 100.00%
Effective Tax Rate		 34.55% 28.56% 35.53% 30.51% 28.60% 36.91% 33.17% 29.81% 30.10% 29.78% 37.26%
Return on Invested Capital (ROIC)		 7.59% 10.37% 7.08% 5.34% 5.91% 6.44% 6.58% 6.80% 7.41% 7.39% 4.08%
ROIC Less NNEP Spread (ROIC-NNEP)		 7.59% 10.37% 7.08% 5.34% 5.91% 6.44% 6.58% 6.80% 7.41% 7.39% 4.08%
Return on Net Nonoperating Assets (RNNOA)		 4.57% 6.14% 4.22% 3.39% 3.69% 3.97% 4.32% 3.95% 4.61% 4.62% 2.43%
Return on Equity (ROE)		 12.16% 16.51% 11.30% 8.73% 9.61% 10.42% 10.90% 10.75% 12.02% 12.00% 6.51%
Cash Return on Invested Capital (CROIC)		 0.88% -0.70% -4.83% -1.30% -4.79% -3.33% -5.66% -10.49% -3.74% -5.69% 5.68%
Operating Return on Assets (OROA)		 2.96% 3.03% 2.80% 1.93% 2.05% 2.57% 2.59% 2.59% 2.76% 1.81% 1.71%
Return on Assets (ROA)		 1.94% 2.66% 1.80% 1.34% 1.46% 1.62% 1.73% 1.82% 1.93% 1.95% 1.07%
Return on Common Equity (ROCE)		 9.95% 13.60% 9.34% 7.25% 8.01% 8.73% 9.17% 8.37% 9.84% 9.87% 5.36%
Return on Equity Simple (ROE_SIMPLE)		 18.23% 0.00% 15.98% 13.76% 12.72% 0.00% 11.55% 12.56% 13.20% 0.00% 12.03%
Net Operating Profit after Tax (NOPAT)		 13 16 12 8.61 10 12 14 14 14 15 7.29
NOPAT Margin		 24.00% 33.06% 21.64% 16.90% 18.98% 20.72% 21.47% 21.84% 23.18% 22.95% 12.91%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 18.14% 20.38% 17.74% 18.51% 17.73% 17.77% 15.86% 16.22% 17.27% 17.97% 19.48%
Operating Expenses to Revenue		 35.96% 39.86% 34.18% 39.23% 35.62% 30.60% 32.94% 34.43% 35.25% 35.02% 39.62%
Earnings before Interest and Taxes (EBIT)		 19 18 18 12 14 18 20 19 19 13 12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 23 22 21 16 18 23 25 24 24 18 17
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.48 0.60 0.51 0.48 0.50 0.59 0.51 0.57 0.59 0.58 0.49
Price to Tangible Book Value (P/TBV)		 1.00 1.20 0.99 0.93 0.94 1.08 0.91 1.00 1.03 0.98 0.84
Price to Revenue (P/Rev)		 0.81 1.05 0.85 0.82 0.86 1.01 0.88 0.94 0.98 0.95 0.84
Price to Earnings (P/E)		 2.90 3.74 3.56 4.00 4.49 6.04 5.09 5.29 5.73 5.49 5.60
Dividend Yield		 4.79% 3.86% 4.78% 5.20% 5.16% 4.37% 5.07% 4.62% 4.55% 4.63% 5.61%
Earnings Yield		 34.47% 26.77% 28.12% 24.98% 22.29% 16.56% 19.65% 18.89% 17.46% 18.22% 17.86%
Enterprise Value to Invested Capital (EV/IC)		 0.53 0.56 0.50 0.51 0.48 0.55 0.55 0.61 0.60 0.54 0.55
Enterprise Value to Revenue (EV/Rev)		 1.74 1.89 1.62 1.67 1.63 1.86 1.89 2.12 1.99 1.80 1.75
Enterprise Value to EBITDA (EV/EBITDA)		 3.44 3.81 3.51 4.04 4.20 5.07 5.31 5.55 4.99 4.86 5.04
Enterprise Value to EBIT (EV/EBIT)		 4.00 4.50 4.15 4.87 5.13 6.31 6.72 6.89 6.17 6.13 6.57
Enterprise Value to NOPAT (EV/NOPAT)		 5.58 6.02 6.00 7.18 7.41 9.47 9.45 10.19 9.13 8.05 8.57
Enterprise Value to Operating Cash Flow (EV/OCF)		 2.70 3.24 2.86 3.03 3.28 3.44 3.79 6.15 3.88 3.53 3.13
Enterprise Value to Free Cash Flow (EV/FCFF)		 62.75 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 9.71
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.60 0.59 0.62 0.63 0.65 0.64 0.69 0.54 0.60 0.61 0.51
Long-Term Debt to Equity		 0.55 0.57 0.54 0.55 0.54 0.53 0.44 0.38 0.43 0.43 0.42
Financial Leverage		 0.60 0.59 0.60 0.63 0.62 0.62 0.66 0.58 0.62 0.63 0.60
Leverage Ratio		 6.28 6.20 6.27 6.51 6.57 6.41 6.31 5.90 6.23 6.15 6.06
Compound Leverage Factor		 6.28 7.62 6.27 6.51 6.57 6.41 6.31 5.90 6.23 9.46 6.06
Debt to Total Capital		 37.33% 37.16% 38.18% 38.82% 39.46% 39.04% 40.95% 34.99% 37.33% 37.99% 33.76%
Short-Term Debt to Total Capital		 2.92% 1.22% 4.81% 5.43% 6.88% 6.80% 14.70% 10.59% 10.12% 11.63% 5.81%
Long-Term Debt to Total Capital		 34.41% 35.94% 33.37% 33.40% 32.58% 32.24% 26.26% 24.40% 27.21% 26.36% 27.95%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 10.85% 10.50% 10.18% 9.95% 9.66% 9.55% 9.05% 17.41% 12.54% 12.14% 12.98%
Common Equity to Total Capital		 51.82% 52.34% 51.64% 51.22% 50.88% 51.40% 50.00% 47.59% 50.13% 49.88% 53.26%
Debt to EBITDA		 2.44 2.52 2.70 3.10 3.46 3.59 3.98 3.19 3.08 3.40 3.10
Net Debt to EBITDA		 1.12 0.97 0.93 1.27 1.15 1.42 1.96 1.50 1.51 1.20 1.44
Long-Term Debt to EBITDA		 2.25 2.43 2.36 2.67 2.85 2.96 2.55 2.22 2.25 2.36 2.56
Debt to NOPAT		 3.95 3.98 4.63 5.51 6.10 6.71 7.09 5.85 5.64 5.62 5.27
Net Debt to NOPAT		 1.82 1.53 1.59 2.26 2.02 2.66 3.49 2.75 2.76 1.98 2.44
Long-Term Debt to NOPAT		 3.64 3.85 4.04 4.74 5.03 5.54 4.55 4.08 4.11 3.90 4.36
Noncontrolling Interest Sharing Ratio		 18.17% 17.59% 17.35% 16.97% 16.61% 16.17% 15.87% 22.13% 18.13% 17.76% 17.59%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -42 -50 -75 -49 -68 -53 -71 -114 -67 -85 1.54
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 -2.44 -2.67 -3.91 -2.34 -2.88 -2.17 -2.96 -4.76 -2.67 -3.35 0.06
Operating Cash Flow to Interest Expense		 2.10 1.06 1.68 1.33 1.04 1.16 1.38 -0.45 2.67 1.34 1.65
Operating Cash Flow Less CapEx to Interest Expense		 2.10 1.06 1.68 1.33 1.04 1.16 1.38 -0.45 2.67 1.34 1.65
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.09 0.08
Fixed Asset Turnover		 14.81 14.34 15.10 15.26 15.27 15.37 16.39 18.10 19.24 19.33 20.25
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 634 655 676 691 712 720 760 819 793 819 766
Invested Capital Turnover		 0.32 0.31 0.33 0.32 0.31 0.31 0.31 0.31 0.32 0.32 0.32
Increase / (Decrease) in Invested Capital		 55 65 86 57 78 65 85 128 81 99 5.75
Enterprise Value (EV)		 334 368 335 350 342 397 415 499 479 445 421
Market Capitalization		 156 206 177 171 180 217 193 221 235 236 201
Book Value per Share		 $14.06 $14.68 $14.86 $15.14 $15.64 $16.05 $16.35 $16.78 $17.10 $17.55 $17.34
Tangible Book Value per Share		 $6.71 $7.34 $7.58 $7.84 $8.29 $8.68 $9.05 $9.50 $9.83 $10.31 $10.20
Total Capital		 634 655 676 691 712 720 760 819 793 819 766
Total Debt		 237 244 258 268 281 281 311 287 296 311 259
Total Long-Term Debt		 218 236 226 231 232 232 200 200 216 216 214
Net Debt		 109 94 89 110 93 112 153 135 145 110 120
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 237 244 258 268 281 281 311 287 296 311 259
Total Depreciation and Amortization (D&A)		 3.95 3.67 3.39 3.63 3.98 4.40 4.44 4.69 4.77 5.01 5.05
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.50 $0.63 $0.44 $0.31 $0.38 $0.46 $0.53 $0.49 $0.34 $0.53 $0.21
Adjusted Weighted Average Basic Shares Outstanding		 22.60M 22.51M 22.64M 22.60M 22.49M 22.55M 22.57M 22.78M 22.85M 22.77M 23.06M
Adjusted Diluted Earnings per Share		 $0.48 $0.60 $0.42 $0.30 $0.37 $0.43 $0.50 $0.46 $0.32 $0.50 $0.20
Adjusted Weighted Average Diluted Shares Outstanding		 23.39M 23.25M 23.77M 23.45M 23.45M 23.61M 23.90M 24.06M 24.44M 24.25M 24.55M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 23.36M 23.48M 23.38M 23.17M 23.07M 23.26M 23.24M 23.25M 23.28M 23.53M 23.85M
Normalized Net Operating Profit after Tax (NOPAT)		 13 16 12 8.61 10 12 14 14 14 15 7.29
Normalized NOPAT Margin		 24.00% 33.06% 21.64% 16.90% 18.98% 20.72% 21.47% 21.84% 23.18% 22.95% 12.91%
Pre Tax Income Margin		 36.67% 46.28% 33.56% 24.32% 26.59% 32.83% 32.12% 31.12% 33.16% 32.69% 20.57%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 1.14 0.97 0.93 0.59 0.60 0.75 0.84 0.81 0.78 0.53 0.46
NOPAT to Interest Expense		 0.75 0.85 0.60 0.41 0.43 0.48 0.56 0.57 0.54 0.58 0.29
EBIT Less CapEx to Interest Expense		 1.14 0.97 0.93 0.59 0.60 0.75 0.84 0.81 0.78 0.53 0.46
NOPAT Less CapEx to Interest Expense		 0.75 0.85 0.60 0.41 0.43 0.48 0.56 0.57 0.54 0.58 0.29
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 22.19% 22.49% 25.74% 30.41% 33.06% 36.83% 36.02% 33.91% 35.58% 35.70% 42.40%
Augmented Payout Ratio		 25.19% 22.49% 29.55% 37.89% 43.05% 47.82% 42.88% 37.89% 37.46% 37.48% 43.32%

Financials Breakdown Chart

Key Financial Trends

Medallion Financial’s latest quarter shows a company that is still profitable and generating solid operating cash flow, but with some clear signs that credit costs and leverage remain important watch points. Over the last four years, the business has generally grown its loan book, kept revenue fairly steady, and produced positive earnings, though profitability has been choppy quarter to quarter.

For Q1 2026, Medallion reported net income attributable to common shareholders of $4.95 million, down from $12.20 million in Q4 2025 and $7.76 million in Q3 2025. Revenue also declined to $56.5 million from $63.3 million in the prior quarter. The main pressure point was a $22.5 million provision for credit losses, which remained a large drag on pre-tax earnings.

On the positive side, the company’s balance sheet remains sizable, with $2.95 billion in total assets and $507.5 million in total equity and noncontrolling interests. Loan growth continued year over year, with net loans and leases rising to $2.49 billion from $2.26 billion in Q1 2025, suggesting the core lending business is still expanding.

Cash generation was also respectable. In Q1 2026, Medallion produced $41.3 million in operating cash flow, which is strong relative to earnings. However, investing and financing activity led to a $62.9 million decline in cash and equivalents for the quarter, showing that the company is actively managing its asset and liability mix.

One important trend over the last several quarters is that credit provisioning has stayed elevated. Provisions were $17.2 million in Q1 2025, $21.6 million in Q2 2025, $18.6 million in Q3 2025, $27.7 million in Q4 2025, and $22.5 million in Q1 2026. That pattern suggests management is still seeing enough risk in the loan portfolio to keep reserves high.

  • Loan portfolio growth continues: Net loans and leases increased to $2.49 billion in Q1 2026 from $2.26 billion a year earlier.
  • Operating cash flow is strong: The company generated $41.3 million in operating cash flow in Q1 2026.
  • Revenue remains stable: Quarterly revenue has generally stayed in the mid-$50 million to low-$60 million range over the past year.
  • Core lending income is still healthy: Q1 2026 loan and lease interest income was $77.3 million.
  • Equity base remains meaningful: Total equity and noncontrolling interests stood at $507.5 million in Q1 2026.
  • Deposit funding remains important: Non-interest bearing deposits were $2.13 billion in Q1 2026, showing the company relies heavily on deposit funding.
  • Noninterest income can swing: This line has been volatile across quarters, moving from $11.6 million in Q1 2025 to $2.4 million in Q1 2026.
  • Share count has been relatively stable: Diluted weighted average shares in Q1 2026 were 24.5 million, only modestly above prior periods.
  • Profit declined sharply sequentially: Common-share net income fell to $4.95 million in Q1 2026 from $12.20 million in Q4 2025.
  • Credit losses remain elevated: The Q1 2026 provision for credit losses of $22.5 million was a large hit to earnings.
  • Cash balance fell meaningfully: Cash and equivalents dropped to $93.9 million from $146.9 million in Q4 2025.
  • Leverage is still significant: The company carried $258.7 million of total debt in Q1 2026, including $214.2 million of long-term debt.
  • Quarterly earnings are uneven: Over the last year, profits have ranged widely, indicating sensitivity to credit conditions and investment gains/losses.

Overall, Medallion Financial looks like a profitable lender with decent cash generation and continued balance-sheet growth, but investors should pay close attention to credit quality, provisioning, and funding costs. The company’s results suggest the lending franchise is working, yet earnings remain vulnerable to changes in loan performance and market conditions.

07/12/26 08:35 AM ETAI Generated. May Contain Errors.

Medallion Financial Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Medallion Financial's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Medallion Financial's net income appears to be on an upward trend, with a most recent value of $55.34 million in 2025, falling from -$22.74 million in 2018. The previous period was $41.93 million in 2024. Check out Medallion Financial's forecast to explore projected trends and price targets.

Over the last 7 years, Medallion Financial's total revenue changed from $114.48 million in 2018 to $247.64 million in 2025, a change of 116.3%.

Medallion Financial's total liabilities were at $2.45 billion at the end of 2025, a 0.7% increase from 2024, and a 79.5% increase since 2017.

In the past 8 years, Medallion Financial's cash and equivalents has ranged from $17.70 million in 2019 to $136.27 million in 2025, and is currently $136.27 million as of their latest financial filing in 2025.

Over the last 7 years, Medallion Financial's book value per share changed from 10.75 in 2018 to 17.55 in 2025, a change of 63.4%.


Related Companies

Financial statements for NASDAQ:MFIN last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
Trump's gold order: the announcement they won't put on the front page
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Ray Dalio: Buy Gold. Get Paid.
Ray Dalio, founder of Bridgewater Associates, is urging investors to hold 15% of their portfolio in gold and c...
Investors Alley | Sponsoredtc pixel
Elon's new "super startup"
Adam O'Dell - the analyst who recommended Palantir before it became the top S&P 500 performer - has identified...
Banyan Hill Publishing | Sponsoredtc pixel
The Starlink of Energy
A portable energy unit - already used by the U.S. Navy for decades - is now drawing serious attention from Big...
Monument Traders Alliance | Sponsoredtc pixel
Buy the “unseen winner of the AI race” before July 22
Marc Chaikin - the analyst who called Nvidia before a 45,000% surge - says one overlooked AI stock could split...
Chaikin Analytics | Sponsoredtc pixel
BlackRock is hoarding it. JPMorgan is hoarding it. Do you own it?
BlackRock, JPMorgan, Goldman Sachs, and Fidelity are reportedly accumulating a scarce blockchain asset - one t...
Awesomely, LLC | Sponsoredtc pixel
They told you not to miss this one
The largest companies in the SP 500 are now more overvalued relative to fundamentals than they were at the abs...
Thor Metals | Sponsoredtc pixel
Executive order could send gold to 6,000 per ounce
Executive Order 14330 will allow Americans to hold precious metals inside 401(k)s for the first time ever - an...
Cedar Gold Group | Sponsoredtc pixel