Medallion Financial Q3 net income $7.8 mln, impacted by non-recurring charge

Medallion Financial

29/10/2025 20:43

Overview

Medallion Q3 net income $7.8 mln, impacted by $3.5 mln non-recurring charge

Net interest income grew 6% yr/yr to $55.7 mln

Loan originations increased to $427.4 mln, driven by strategic partnerships

Outlook

Company plans to expand strategic partnership loan program due to strong momentum

Medallion aims to enhance lending with digital tools for better credit risk evaluation

Result Drivers

STRATEGIC PARTNERSHIPS - Significant growth in loan originations through strategic partnerships, reaching $208.4 mln compared to $39.9 mln a year ago

NET INTEREST INCOME - Net interest income increased 6% yr/yr to $55.7 mln

TAXI MEDALLION RECOVERIES - Company collected over $6 mln from taxi medallion-related assets, resulting in net recoveries and gains of $3.4 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
$0.32
Q3 Net Income
$7.80 mln
Q3 Net Interest Income
$55.70 mln
Q3 Dividend
$0.12
Q3 Net Interest Margin
8.21%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "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 $12.00, about 19% above its October 28 closing price of $9.72

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release: ID:nGNX4GqqQD

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(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.)