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Dec 31, 2019
Medallion Q4 2019 Earnings Report
Medallion Financial Corp. reported fourth quarter results with net income of $2.8 million and EPS of $0.11.
Key Takeaways
Medallion Financial Corp. reported a net income of $2.8 million, or $0.11 per share, for the fourth quarter of 2019. Net interest income was $26.6 million, and the net interest margin was 8.82%. Total assets were $1.55 billion as of December 31, 2019.
Net income was $2.8 million, or $0.11 per share.
Net interest income was $26.6 million.
Net interest margin was 8.82%.
Total assets were $1.55 billion as of December 31, 2019.
Revenue by Segment
Forward Guidance
Medallion Financial Corp. forecasts solid growth in its consumer segments for 2020 while maintaining good credit quality for the portfolio.
Positive Outlook
- Consumer segments expected to experience solid growth in 2020.
- Maintenance of good credit quality for the portfolio.
- Strategic Partnership Program with financial technology companies to provide new opportunities for profits and growth.
- Generation of fee income through the Strategic Partnership Program.
- Portfolio diversification through the Strategic Partnership Program.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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