Medallion Financial posts strong Q4 results, exits medallions

An announcement from Medallion Financial ( (MFIN) ) is now available.

On January 29, 2026, Medallion Bank reported strong results for the fourth quarter and full year ended December 31, 2025, highlighted by a 24% year-over-year increase in quarterly net income to $19.4 million and a 19% rise in full-year net income to $72.2 million. Net interest income and margins improved modestly, while non-interest income surged on the sale of the bank’s remaining taxi medallion assets, effectively exiting that legacy exposure and boosting profitability. Strategic partnership loan originations more than tripled in 2025 to $771.6 million, underscoring the growing importance of fintech relationships, and the total loan portfolio expanded to $2.4 billion with return on equity rising to 17.05%. Recreation lending remained the largest book at $1.617 billion with higher originations and slightly elevated charge-offs and provisions, reflecting both growth and tighter credit risk management, while the smaller home improvement segment saw reduced originations but improved asset quality, lower delinquencies and lower credit loss provisions. Capital levels were further strengthened as total capital increased to $450.2 million, aided by the net $27.1 million uplift from the issuance of Series G preferred stock and redemption of Series F, and the board declared a quarterly cash dividend on the Series G shares payable on April 1, 2026, signaling confidence in the bank’s capital position and earnings capacity.

The most recent analyst rating on (MFIN) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Medallion Financial stock, see the MFIN Stock Forecast page.

Spark’s Take on MFIN Stock

According to Spark, TipRanks’ AI Analyst, MFIN is a Outperform.

Medallion Financial’s overall stock score of 79 reflects a strong valuation and positive technical indicators, supported by solid financial performance and a favorable earnings call. The leadership transition is an additional positive factor, expected to drive strategic growth. However, attention to improving profit margins and managing rising delinquencies will be crucial for future performance.

To see Spark’s full report on MFIN stock, click here.

More about Medallion Financial

Medallion Bank, a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City and a wholly owned subsidiary of Medallion Financial Corp., specializes in consumer loans for recreational vehicles, boats and home improvements, and provides loan origination services to fintech strategic partners. The bank distributes its products through thousands of dealers, contractors and financial service providers across the United States, with recreation and home improvement lending forming its core portfolio segments.

Average Trading Volume: 42,181

Technical Sentiment Signal: Buy

Current Market Cap: $234.7M

For a thorough assessment of MFIN stock, go to TipRanks’ Stock Analysis page.