{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-044803","form_type":"8-K","ticker":"MFIN","cik":"0001000209","company_name":"MEDALLION FINANCIAL CORP","filed_at":"2023-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.379523+00:00","generated_at":"2026-06-19T03:56:58.260399+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Medallion Financial Q4 net income $13.1M ($0.57/sh) vs $19.5M; FY net income $43.8M ($1.83/sh)","bullets":["Q4 net income $13.1M ($0.57/sh) vs $19.5M ($0.78/sh); full-year $43.8M ($1.83/sh) vs $54.1M ($2.17/sh).","Net interest income up 22% to $43.6M (Q4) and 26% to $160.4M (FY); loan loss provision rose to $9.0M from $2.6M (Q4) and $30.1M from $4.6M (FY).","Loan originations flat at $191.9M (Q4); full-year up 32% to $983.9M. Recreation loans grew 23% to $1.2B; home improvement loans up 43% to $626.4M.","Declared $0.08/sh quarterly dividend payable Mar 31, 2023; repurchased 257,231 shares for $1.8M (Q4) and 2.65M shares for $20.6M (FY).","Adopted CECL on Jan 1, 2023, increasing allowance by $11.6M (consumer) and $2.2M (commercial). Medallion net exposure down 40% to $24.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-044803","json":"https://secwatch.observer/filing/0001193125-23-044803.json","markdown":"https://secwatch.observer/filing/0001193125-23-044803.md","text":"https://secwatch.observer/filing/0001193125-23-044803.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523044803/0001193125-23-044803-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523044803/d628013d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T03:56:58.260399+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bb5bddfc019459bbd92baf85a66ae9c45bccf588","claim":"MEDALLION FINANCIAL CORP reported the full-year ended December 31, 2022 results: revenue $160.4 million, net income $43.8 million, EPS $1.83 per share.","evidence_excerpt":"Net income was $43.8 million, or $1.83 per share, compared to $54.1 million, or $2.17 per share, in the prior year. • Net interest income grew 26% to $160.4 million from $127.8 million in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523044803/0001193125-23-044803-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full-year ended December 31, 2022"},{"label":"Revenue","value":"$160.4 million"},{"label":"Net income","value":"$43.8 million"},{"label":"EPS","value":"$1.83 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d9093ce56ea4ffb6962040f0111ec09eaa8f461e","claim":"MEDALLION FINANCIAL CORP reported the quarter ended December 31, 2022 results: revenue $43.6 million, net income $13.1 million, EPS $0.57 per share.","evidence_excerpt":"Net income was $13.1 million, or $0.57 per share, compared to $19.5 million, or $0.78 per share, in the prior year quarter. • Net interest income grew 22% to $43.6 million from $35.6 million in the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1000209/000119312523044803/0001193125-23-044803-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$43.6 million"},{"label":"Net income","value":"$13.1 million"},{"label":"EPS","value":"$0.57 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}