Medallion Financial Corp.

Medallion Financial Corp. reported solid financial results for fiscal year 2025, with net income attributable to the company of $43.0 million and earnings per share of $2.00. The company generated $315.3 million in total dividend and interest income, with net interest income of $216.9 million after $98.4 million in interest expense. Key profit drivers included a $24.6 million gain on equity investments and $4.6 million gain on taxi medallion assets, contributing to total other income of $38.0 million. The company maintained strong liquidity with $126.3 million in operating cash flow and ended the year with $2.96 billion in total assets. Credit quality remained a focus with $89.8 million in provision for credit losses against a $114.8 million allowance. The balance sheet showed $2.45 billion in liabilities against $508.0 million in total equity, with book value per share of $18.00.

Key Takeaways