Medallion Financial (US:MFIN) Globenewswire·2026-02-18 21:05Core Insights - Medallion Financial Corp. reported record financial results for 2025, with significant increases in net interest income, net income, loan originations, and portfolio size, indicating strong operational performance and demand across its business segments [4][7]. 2025 Fourth Quarter Highlights - Total net income for Q4 2025 was $12.2 million, or $0.50 per share, a 20% increase from $10.1 million, or $0.43 per share in Q4 2024 [7]. - Net interest income rose 8% to $56.4 million from $52.0 million in the prior year quarter [7]. - Loan originations increased to $421.3 million, compared to $285.7 million in the prior year quarter, with strategic partnership loan originations contributing $258.3 million [7]. 2025 Full-Year Highlights - Total net income for 2025 was $43.0 million, or $1.78 per share, up 20% from $35.9 million, or $1.52 per share in 2024 [7]. - Net interest income grew 7% to $216.9 million from $202.5 million in the prior year [7]. - Loan originations for the year reached $1.505 billion, compared to $1.043 billion in 2024, with strategic partnership loan originations totaling $771.6 million [7]. Executive Commentary - The President and CEO highlighted the company's disciplined origination strategy and effective capital deployment, positioning it for continued growth and favorable risk-adjusted returns for shareholders [4][5]. 2026 Strategy - The company aims to focus on sustained growth in its recreation segment and explore growth potential in home improvement lending, supported by experienced talent [6]. Loan Portfolio Composition - As of December 31, 2025, the loan portfolio included $1.617 billion in recreation loans (63% of total loans), $810.2 million in home improvement loans (32%), and $123.1 million in commercial loans (5%) [16]. - The total loans and loans held for sale amounted to $2.566 billion, up from $2.491 billion a year ago [16]. Capital Allocation - The company declared a quarterly cash dividend of $0.12 per share, payable on March 31, 2026 [18][19]. - During 2025, the company repurchased 108,351 shares at an average cost of $9.10 per share, totaling $1.0 million [23]. Financial Position - As of December 31, 2025, total assets were $2.955 billion, an increase from $2.869 billion in 2024, while total liabilities rose to $2.447 billion from $2.430 billion [22].