Medallion Financial Corp. Reports 2025 Third Quarter Results

Medallion Financial Corp. announced its financial results for the third quarter ended September 30, 2025. The company reported a total net income attributable to stockholders of $7.8 million, or $0.32 per share, which includes a non-recurring charge of $3.5 million related to the redemption of Medallion Bank's series F preferred stock. Excluding this charge, net income was $11.3 million, compared to $8.6 million in the prior year quarter. Net interest income grew 6% to $55.7 million, and net interest margin on gross loans increased to 8.21%. Loan originations reached $427.4 million, with strategic partnership loan originations accounting for $208.4 million. The loan portfolio grew to $2.559 billion, up 3% from the previous year. The company declared a quarterly cash dividend of $0.12 per share.