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Dec 31, 2022
Medallion Q4 2022 Earnings Report
Medallion Financial Corp. reported strong Q4 2022 results driven by net interest income growth.
Key Takeaways
Medallion Financial Corp. reported a net income of $13.1 million, or $0.57 per share, for the fourth quarter of 2022. Net interest income increased by 22% to $43.6 million. The company declared a quarterly cash dividend of $0.08 per share and repurchased 257,231 shares of its common stock.
Net income was $13.1 million, or $0.57 per share.
Net interest income grew 22% to $43.6 million.
Loan originations were $191.9 million.
Company repurchased 257,231 shares of its common stock for $1.8 million.