Medallion Financial Q2 FY26 net income drops to $7.4 million; loan originations climb 63% to $611.6 million

Reuters2026/07/29 20:25

By:Reuters

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Medallion Financial posted net income attributable to stockholders of $7.4 million, or $0.31 a share, down from a year earlier.
Net interest income rose 7% to $57.2 million, while net interest margin on gross loans narrowed 0.15 percentage points to 7.94%.
Loan originations climbed 63% to $611.6 million, including $247.1 million from strategic partnerships; total loan portfolio grew 12.5% to $2.8 billion.
Total assets topped $3 billion for the first time; net book value per share increased to $17.62.
Repurchased 779,799 shares for $7.7 million at an average $9.85; declared a $0.14 quarterly dividend payable Aug. 31.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medallion Financial Corporation published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Medallion Financial Q2 FY26 net income drops to $7.4 million; loan originations climb 63% to $611.6 million

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