---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-270968"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-22T23:09:39.856588+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Medallion Financial Q3 net income falls to $7.6M from $15.9M; originations up 40%

## Summary
- Net income $7.6M ($0.32 diluted EPS) vs $15.9M ($0.64) a year ago; loan loss provision $10.0M vs benefit of $0.3M.
- Net interest income grew 23% to $42.0M; net interest margin narrowed to 8.91% from 9.48%.
- Consumer loan originations up 33% to $249.6M; recreation loans +25%, home improvement +44% YoY.
- Commercial segment incurred $3.2M in provisions and equity losses; medallion exposure declined to $27.6M.
- Company repurchased 1.05M shares for $8.2M; declared $0.08 quarterly dividend payable Nov 30.

## SEC filing metadata
- accession: 0001193125-22-270968
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000119312522270968/0001193125-22-270968-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000119312522270968/d414645d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-270968
- JSON: https://secwatch.observer/filing/0001193125-22-270968.json
- Plain text: https://secwatch.observer/filing/0001193125-22-270968.txt

## Key facts
- Earnings Releases
  MEDALLION FINANCIAL CORP reported the quarter ended September 30, 2022 results: net income $7.6 million, or $0.32 per share, EPS $0.32 per share.
  - Period: the quarter ended September 30, 2022
  - Net income: $7.6 million, or $0.32 per share
  - EPS: $0.32 per share
  - Result: reported results
  source text: Medallion Financial Corp. (the “Company”), issued a press release to the news media announcing, among other things, the Company’s results for the quarter ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000209/000119312522270968/0001193125-22-270968-index.htm

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