---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-019106"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2023-01-30T23:59:59+00:00"
generated_at: "2026-06-20T06:19:26.482163+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Medallion Bank reports record Q4 net income of $19.7M; loan portfolio grows 28.8% to $1.8B

## Summary
- Q4 net income $19.7M vs $19.0M prior year; full-year record net income $74.6M vs $70.0M in 2021.
- Net interest income Q4 $44.4M (NIM 9.2%) vs $37.3M (9.9%); full-year $164.6M (9.4%) vs $136.8M (10.0%).
- Provision for loan losses Q4 $8.4M vs $1.6M; full-year $24.7M vs $3.7M; annualized net charge-offs Q4 1.7% vs 0.3%.
- Recreation loans up 22.6% to $1.2B; home improvement loans up 43.4% to $626.4M as of Dec 31, 2022.
- Adopted CECL on Jan 1, 2023; $11.6M increase in allowance; declared $0.50 Series F preferred dividend payable April 3.

## SEC filing metadata
- accession: 0001193125-23-019106
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2023-01-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000119312523019106/0001193125-23-019106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000119312523019106/d455061d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-019106
- JSON: https://secwatch.observer/filing/0001193125-23-019106.json
- Plain text: https://secwatch.observer/filing/0001193125-23-019106.txt

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