Medallion Financial reports third-quarter 2026 results
Story updates
08:11:27 PM UTC
SquawkNews
Medallion Financial 3Q EPS 10c >MFIN
08:14:21 PM UTC
SquawkNews
Medallion Financial Corp. reported Q3 2026 results, with total loan originations up 41% YoY to $603.9M and total assets above $3.3B. Growth drove large day-one provisions that reduced earnings.Material DetailsContext by AI AnalystThis is a mid-cycle update showing continued loan growth with near-te…
08:16:43 PM UTC
SquawkNews
Medallion Financial reported third-quarter 2026 net income attributable to shareholders of $2.4 million, or $0.10 per diluted share, down from $7.8 million, or $0.32, a year earlier. Net interest income increased 5% to $58.4 million, while provision for credit losses rose to $30.8 million. Loan ori…