---
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"
generated_at: "2026-06-19T03:56:58.260399+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Medallion Financial Q4 net income $13.1M ($0.57/sh) vs $19.5M; FY net income $43.8M ($1.83/sh)

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- 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/1000209/000119312523044803/0001193125-23-044803-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000119312523044803/d628013d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-044803
- JSON: https://secwatch.observer/filing/0001193125-23-044803.json
- Plain text: https://secwatch.observer/filing/0001193125-23-044803.txt

## Key facts
- Earnings Releases
  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.
  - Period: the full-year ended December 31, 2022
  - Revenue: $160.4 million
  - Net income: $43.8 million
  - EPS: $1.83 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1000209/000119312523044803/0001193125-23-044803-index.htm
- Earnings Releases
  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.
  - Period: the quarter ended December 31, 2022
  - Revenue: $43.6 million
  - Net income: $13.1 million
  - EPS: $0.57 per share
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1000209/000119312523044803/0001193125-23-044803-index.htm

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