Medallion Financial Corp income statement
In fiscal 2025, Medallion Financial Corp reported revenue of $255m, up 19.2% on the year before and net income of $43.0m, or $1.78 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 114 | 118 | 105 | 159 | 170 | 199 | 214 | 255 | 247 |
| Interest expense | 28 | 35 | 34 | 31 | 36 | 63 | — | — | — |
| Net interest income | 72 | 98 | 111 | 128 | 160 | 188 | 203 | 217 | 223 |
| Non-interest income | 42 | 20 | −6 | 32 | 10 | 11 | 11 | 38 | 24 |
| Non-interest expense | 66 | 68 | 72 | 73 | 72 | 76 | 74 | 85 | 90 |
| Provision for credit losses | 59 | 47 | 70 | 5 | 30 | 38 | 77 | 90 | 91 |
| Income before tax | −11 | 2 | −37 | 82 | 68 | 86 | 63 | 80 | 66 |
| Income tax | 0 | 0 | −10 | 24 | 18 | 25 | 21 | 25 | 21 |
| Net income | −25 | −2 | −35 | 54 | 44 | 55 | 36 | 43 | 32 |
| Diluted EPS | −$1.03 | −$0.07 | −$1.42 | $2.17 | $1.83 | $2.37 | $1.52 | $1.78 | $1.33 |
| Diluted shares (average) | 24m | 24m | 24m | 25m | 24m | 23m | 24m | 24m | 24m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 56 | 63 | 63 | 59 | 71 | 56 | 62 |
| Net interest income | 53 | 52 | 51 | 53 | 56 | 56 | 54 | 57 |
| Non-interest income | 1 | 4 | 12 | 9 | 3 | 14 | 2 | 4 |
| Non-interest expense | 19 | 17 | 21 | 22 | 21 | 22 | 22 | 25 |
| Provision for credit losses | 20 | 21 | 22 | 22 | 19 | 28 | 22 | 22 |
| Income before tax | 14 | 18 | 20 | 19 | 19 | 21 | 12 | 14 |
| Income tax | 4 | 7 | 7 | 6 | 6 | 6 | 4 | 5 |
| Net income | 9 | 10 | 12 | 11 | 8 | 12 | 5 | 7 |
| Diluted EPS | $0.37 | $0.43 | $0.50 | $0.46 | $0.32 | $0.50 | $0.20 | $0.31 |
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