---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-011078"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2025-01-30T23:59:59+00:00"
generated_at: "2026-05-27T05:03:44.927763+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Medallion Bank Q4 net income falls to $15.6M; full-year profit down 24%

## Summary
- Q4 net income $15.6M vs $21.9M YoY; full-year net income $60.6M vs $79.9M.
- Net interest income rose to $53.1M (Q4) and $204.7M (full year), up 8% and 8.4%.
- Total provision for credit losses surged to $20.5M (Q4) and $75.8M (full year).
- Signed LOI to sell up to $121M recreation loans at premium; $3.9M allowance released.
- Series F preferred dividend declared: $0.50/share payable Apr 1, 2025 to record Mar 17.

## SEC filing metadata
- accession: 0000950170-25-011078
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2025-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000095017025011078/0000950170-25-011078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000095017025011078/mfin-20250130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-011078
- JSON: https://secwatch.observer/filing/0000950170-25-011078.json
- Plain text: https://secwatch.observer/filing/0000950170-25-011078.txt

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