Brief: Medallion Financial Q2 Net Income USD 17.3 Million

Medallion Financial

30/07/2025 21:05

Overview

Medallion Bank Q2 net income rises to $17.3 mln, up from $15.0 mln yr/yr

Net interest income for Q2 grows to $53.9 mln, up from $50.2 mln yr/yr

Co completed $77.5 mln Series G preferred stock offering and redeemed Series F securities

Result Drivers

STRATEGIC PARTNERSHIPS - Strategic partnership volumes grew 24% from Q1, contributing $169 mln in loans

CAPITAL MARKET ACTIVITY - Completed $77.5 mln Series G preferred stock offering and redeemed $46 mln Series F securities

MODERATE LOAN DEMAND - Demand for recreation and home improvement loans recovered slightly but remained moderate

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Income
$17.30 mln
Q2 Net Interest Income
$53.90 mln
Q2 Net Interest Margin
8.5%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Medallion Financial Corp is $11.00, about 6.8% above its July 29 closing price of $10.25

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 5 three months ago

Press Release: ID:nGNX55sGwZ

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)