← MEDALLION FINANCIAL CORP
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||
| Current assets: | ||||||||||
| Cash and Cash Equivalents, at Carrying Value | $42.5m | — | — | $54.7m | $64.5m | $33.2m | $52.6m | $98.2m | $136.3m | |
| Cash and cash equivalents | — | — | $17.7m | $54.7m | $64.5m | $33.2m | $52.6m | $98.2m | $136.3m | |
| Accrued interest receivable | $547k | $7.4m | $8.7m | $10.3m | $10.6m | $12.6m | $13.5m | $15.3m | $19.4m | |
| Income tax receivable | — | — | $1.5m | $1.8m | $833k | $2.1m | $671k | $2.1m | $0 | |
| Accounts Receivable | — | — | — | — | — | $12.6m | $13.5m | $15.3m | $19.4m | |
| Other Receivables | — | — | — | — | $833k | $2.1m | $671k | $2.1m | — | |
| Other Short Term Investments | — | — | — | — | — | $48.5m | $54.3m | $54.8m | $2.4m | |
| Property, equipment, and right-of-use lease asset, net | $235k | $1.2m | $14.4m | $12.4m | $11.8m | $13.2m | $14.1m | $13.8m | $11.9m | |
| Goodwill | — | $150.8m | $150.8m | $150.8m | $150.8m | $150.8m | $150.8m | $150.8m | $150.8m | |
| Intangible Assets, Net (Excluding Goodwill) | — | $54.0m | $52.5m | $51.1m | $23.5m | $22.0m | $20.6m | $19.1m | $17.7m | |
| Intangible assets, net | — | $54.0m | $52.5m | $51.1m | $23.5m | $22.0m | $20.6m | $19.1m | $17.7m | |
| Goodwill And Other Intangible Assets | — | — | — | — | — | $172.8m | $171.4m | $169.9m | $168.5m | |
| Other Intangible Assets | — | — | — | — | — | $22.0m | $20.6m | $19.1m | $17.7m | |
| Operating Lease, Right-of-Use Asset | — | — | $13.5m | $11.7m | $10.0m | $9.7m | $8.8m | $6.9m | $6.9m | |
| Other assets | $58.8m | $31.0m | $19.4m | $20.6m | $20.4m | $19.9m | $29.2m | $30.3m | $26.5m | |
| Additional Financial Items | ||||||||||
| Federal funds sold | — | $33.9m | $50.1m | $57.3m | $60.0m | $72.4m | $97.3m | $71.3m | $65.3m | |
| Investment securities | $908.3m | $45.3m | $49.0m | $46.8m | $44.8m | $48.5m | $54.3m | $54.8m | $60.2m | |
| Equity investments | — | $9.2m | $10.1m | $9.7m | $9.7m | $10.3m | $11.4m | $9.2m | $8.1m | |
| Loans held for sale, at lower of amortized cost or fair value | — | — | — | — | — | — | $0 | $128.2m | $15.1m | |
| Loans | $864.8m | $1.0b | $1.2b | $1.2b | $1.5b | $1.9b | $2.2b | $2.4b | $2.6b | |
| Allowance for credit losses | — | — | — | — | — | ($63.8m) | ($84.2m) | ($97.4m) | ($114.8m) | |
| Net loans | — | — | — | — | — | — | $2.1b | $2.3b | $2.4b | |
| Loan collateral in process of foreclosure | — | $61.5m | $52.7m | $54.6m | $37.4m | $21.8m | $11.8m | $9.9m | $7.3m | |
| Deposits | — | $848.0m | $951.7m | $1.1b | $1.3b | $1.6b | $1.9b | $2.1b | $2.1b | |
| Operating lease liabilities | — | — | $12.7m | $11.0m | $9.1m | $8.4m | $7.0m | $5.1m | $5.0m | |
| Income tax payable | — | — | — | — | — | — | $0 | $0 | $759k | |
| Non-controlling interest in consolidated subsidiaries | — | $27.6m | $71.3m | $73.2m | $68.8m | $68.8m | $68.8m | $68.8m | $99.4m | |
| Number of shares outstanding | 24.3m | 24.4m | 24.6m | 24.9m | 25.2m | 23.1m | 23.4m | 23.1m | 23.3m | |
| Book value per share | $11.80 | $10.75 | $10.68 | $9.30 | $11.40 | $13.08 | $14.63 | $16.00 | $17.53 | |
| Available For Sale Securities | — | — | — | — | — | $48.5m | $51.9m | $51.9m | $57.8m | |
| Capital Lease Obligations | — | — | — | — | — | $10.6m | $9.5m | $7.4m | $7.2m | |
| Current Capital Lease Obligation | — | — | — | — | — | $2.2m | $2.5m | $2.3m | $2.2m | |
| Current Debt | — | — | — | — | — | $5.0m | $8.0m | $49.0m | $95.2m | |
| Current Debt And Capital Lease Obligation | — | — | — | — | — | $7.2m | $10.5m | $51.3m | $97.5m | |
| Invested Capital | — | — | — | — | — | $521.1m | $586.5m | $651.3m | $719.9m | |
| Investments And Advances | — | — | — | — | — | $58.8m | $65.7m | $64.0m | $68.3m | |
| Long Term Capital Lease Obligation | — | — | — | — | — | $8.4m | $7.0m | $5.1m | $5.0m | |
| Long Term Equity Investment | — | — | — | — | — | $10.3m | $11.4m | $9.2m | $8.1m | |
| Net Debt | — | — | — | — | — | $186.1m | $191.0m | $182.9m | $175.0m | |
| Net PPE | — | — | — | — | — | $13.2m | $14.1m | $13.8m | $11.9m | |
| Net Tangible Assets | — | — | — | — | — | $128.9m | $171.6m | $200.2m | $240.1m | |
| Non Current Deferred Liabilities | — | — | — | — | — | $26.8m | $21.2m | $21.0m | $19.6m | |
| Ordinary Shares Number | — | — | — | — | — | $23.1m | $23.4m | $23.1m | $23.3m | |
| Other Current Borrowings | — | — | — | — | — | $5.0m | $8.0m | $49.0m | $95.2m | |
| Share Issued | — | — | — | — | — | $28.7m | $29.1m | $29.3m | $29.6m | |
| Tangible Book Value | — | — | — | — | — | $128.9m | $171.6m | $200.2m | $240.1m | |
| Treasury Shares Number | — | — | — | — | — | $5.6m | $5.6m | $6.2m | $6.3m | |
| Total stockholders’ equity | $164.2m | $525.2m | $263.1m | $231.4m | $287.0m | $301.7m | $343.0m | $370.2m | $408.6m | |
| Total equity | $287.2m | $290.2m | $334.5m | $304.6m | $355.8m | $370.5m | $411.8m | $439.0m | $508.0m | |
| Total Capitalization | — | — | — | — | — | $516.1m | $578.5m | $602.3m | $624.6m | |
| Total Debt | — | — | — | — | — | $229.9m | $253.1m | $288.6m | $318.5m | |
| Total Tax Payable | — | — | — | — | — | — | $0 | $0 | $759k | |
| Assets | $1.1b | $1.4b | $1.5b | $1.6b | $1.9b | $2.3b | $2.6b | $2.9b | $3.0b | |
| Total assets | $1.1b | $1.4b | $1.5b | $1.6b | $1.9b | $2.3b | $2.6b | $2.9b | $3.0b | |
| LIABILITIES AND EQUITY | ||||||||||
| Current liabilities: | ||||||||||
| Operating Lease, Liability, Current | — | — | $2.1m | $2.0m | $2.2m | $2.2m | $2.5m | $2.3m | $2.2m | |
| Operating Lease, Liability, Noncurrent | — | — | $12.7m | $11.0m | $9.1m | $8.4m | $7.0m | $5.1m | $5.0m | |
| Short-term debt | — | $94.0m | $38.2m | $87.3m | $0 | $5.0m | $8.0m | $49.0m | $95.2m | |
| Accrued interest payable | $3.8m | $3.9m | $4.4m | $4.7m | $3.4m | $4.8m | $6.8m | $8.2m | $6.3m | |
| Accounts payable and accrued expenses | $4.4m | $18.8m | $16.2m | $14.9m | $15.7m | $23.0m | $30.8m | $24.1m | $20.2m | |
| Accounts Payable | — | — | — | — | — | $25.6m | $35.1m | $30.0m | $24.3m | |
| Payables And Accrued Expenses | — | — | — | — | — | $25.6m | $35.1m | $30.0m | $25.1m | |
| Deferred Income Tax Liabilities, Net | — | $7.0m | $9.3m | $807k | $18.2m | $26.8m | $21.2m | $21.0m | $19.6m | |
| Long-term Debt | — | $158.8m | $174.6m | $153.7m | $220.0m | $214.3m | $235.5m | $232.2m | $216.0m | |
| Long Term Debt And Capital Lease Obligation | — | — | — | — | — | $222.7m | $242.6m | $237.3m | $221.0m | |
| Non Current Deferred Taxes Liabilities | — | — | — | — | — | $26.8m | $21.2m | $21.0m | $19.6m | |
| Deferred Tax Liabilities, Net | $29.4m | $8.8m | $9.3m | $807k | $18.2m | $26.8m | $21.2m | $21.0m | $19.6m | |
| Liabilities | $913.1m | $1.1b | $1.2b | $1.3b | $1.5b | $1.9b | $2.2b | $2.4b | $2.4b | |
| Total liabilities | $913.1m | $1.3b | $1.2b | $1.3b | $1.5b | $1.9b | $2.2b | $2.4b | $2.4b | |
| Stockholders’ equity: | ||||||||||
| Preferred Stock, Value, Issued | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Common Stock, Value, Issued | — | $274k | $276k | $278k | $281k | $287k | $291k | $293k | $296k | |
| Retained Earnings (Accumulated Deficit) | — | $13.0m | $11.3m | ($23.5m) | $30.6m | $66.7m | $103.9m | $130.3m | $162.4m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | ($82k) | $999k | $2.0m | $1.0m | ($3.3m) | ($3.7m) | ($3.6m) | ($2.4m) | |
| Additional Paid in Capital, Common Stock | — | $274.3m | $275.5m | $277.5m | $280.0m | $283.7m | $288.0m | $293.4m | $299.5m | |
| Preferred stock (1,000,000 shares of $0.01 par value stock authorized-none outstanding) | 26.3m | — | — | 0 | 0 | 0 | 0 | 0 | 0 | |
| Common stock (50,000,000 shares of $0.01 par value stock authorized - 29,592,592 shares at December 31, 2025 and 29,308,182 shares at December 31, 2024 issued) | $273k | $274k | $276k | $278k | $281k | $287k | $291k | $293k | $296k | |
| Additional paid in capital | $273.7m | $274.3m | $275.5m | $277.5m | $280.0m | $283.7m | $288.0m | $293.4m | $299.5m | |
| Treasury stock (6,280,909 shares at December 31, 2025 and 6,172,588 December 31, 2024) | ($24.9m) | ($24.9m) | ($24.9m) | ($24.9m) | ($24.9m) | ($45.5m) | ($45.5m) | ($50.1m) | ($51.1m) | |
| Accumulated other comprehensive income (loss) | — | ($82k) | $999k | $2.0m | $1.0m | ($3.3m) | ($3.7m) | ($3.6m) | ($2.4m) | |
| Capital Stock | — | — | — | — | — | $287k | $291k | $293k | $296k | |
| Gains Losses Not Affecting Retained Earnings | — | — | — | — | — | ($3.3m) | ($3.7m) | ($3.6m) | ($2.4m) | |
| Preferred Stock | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Treasury Stock | — | — | — | — | — | $45.5m | $45.5m | $50.1m | $51.1m | |
| Stockholders' Equity Attributable to Parent | $164.2m | $262.6m | $263.1m | $231.4m | $287.0m | $301.7m | $343.0m | $370.2m | $408.6m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | $27.6m | $71.3m | $73.2m | $68.8m | $68.8m | $68.8m | $68.8m | $99.4m | |
| Minority Interest | — | — | — | — | — | $68.8m | $68.8m | $68.8m | $99.4m | |
| Total Equity Gross Minority Interest | — | — | — | — | — | $370.5m | $411.8m | $439.0m | $508.0m | |
| Liabilities and Equity | $1.1b | $1.4b | $1.5b | $1.6b | $1.9b | $2.3b | $2.6b | $2.9b | $3.0b | |
| Total liabilities and equity | $1.1b | $1.9b | $1.5b | $1.6b | $1.9b | $2.3b | $2.6b | $2.9b | $3.0b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.