---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-017082"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:37:14.359156+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Medallion Q4 net income $14.3M ($0.60/sh); dividend raised 25% to $0.10

## Summary
- Full-year net income $55.1M ($2.37/sh), record annual EPS; prior year $43.8M ($1.83/sh).
- Net interest income grew 12% QoQ to $49.0M; full-year up 17% to $188.1M.
- Board increased quarterly dividend 25% to $0.10/share, payable March 28, 2024, record March 15.
- Recreation loans 13% YoY to $1.3B; home improvement loans 21% YoY to $760.6M.
- Taxi medallion cash recoveries $16.2M in Q4, $45.2M full-year; net medallion assets down 51%.

## SEC filing metadata
- accession: 0000950170-24-017082
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000095017024017082/0000950170-24-017082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000095017024017082/mfin-20240220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-017082
- JSON: https://secwatch.observer/filing/0000950170-24-017082.json
- Plain text: https://secwatch.observer/filing/0000950170-24-017082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.