Medallion Bank Unveils Impressive 2025 Q3 Earnings Results

Medallion Bank Reports Third Quarter Earnings for 2025

Medallion Bank, a leader in consumer lending, specialized in loans for recreational vehicles, boats, and home improvements, recently announced its third quarter financial results. The Bank has shown remarkable growth, increasing its net income to $19.8 million this quarter, a clear improvement from $15.5 million in the same period last year. This increase highlights the Bank's commitment to enhancing its services and adapting to market needs.

Key Financial Highlights from Q3 2025

During the third quarter, Medallion Bank recorded a net interest income of $55.9 million compared to $53.2 million the previous year. This increase signifies a strong operational performance, which is supported by a net interest margin of 8.64%. The total assets reached $2.6 billion as of September 30, showcasing significant growth.

Growth in Loan Originations

Notably, the Bank's loan origination services to fintech partners have surged this quarter, hitting a record $208 million. This growth in loan origination demonstrates the Bank's effectiveness in forming strategic partnerships, allowing for diversification and increased market presence.

Performance Comparison and Strategic Insights

Compared to the prior year, the annualized net charge-offs decreased slightly from 2.31% to 2.28%, showcasing improved performance in credit management. Donald Poulton, President and CEO, expressed optimism about the upcoming quarters, attributing the strong results to a combination of stable home improvement loan performance and a resurgence in recreational loan growth.

Outlook for Home Improvement Lending

While there has been a decline in home improvement loan volumes, there is an encouraging increase in project activity indicating potential future growth in this segment as projects commence and funds are facilitated. The expected seasonal delinquency increase was subdued this quarter, reflecting overall improved performance.

Details on Series G Preferred Stock Dividend

In addition to the positive earnings report, Medallion Bank's Board of Directors declared a quarterly cash dividend of $0.5625 per share on its Series G Preferred Stock, which is set to be paid on January 2, 2026. This decision underscores the Bank’s commitment to delivering value to its shareholders while maintaining a robust capital structure.

Company Mission and Commitment

Medallion Bank aims to continue building on its success by providing high-quality consumer loans and flexible financing options. With nearly two decades of experience, the Bank has established itself as a specialist in consumer lending, focusing on providing services that cater directly to the needs of its clientele.

About Medallion Bank

Medallion Bank operates as a Utah-chartered, FDIC-insured industrial bank. It services a variety of consumer loan needs, from recreational vehicles to home improvement loans, and collaborates closely with a network of dealers, contractors, and financial service providers across the nation. As a wholly owned subsidiary of Medallion Financial Corp. (NASDAQ: MFIN), Medallion Bank is well-positioned to leverage its resources and experience to foster growth and stability.

Frequently Asked Questions

What is Medallion Bank's primary focus?

Medallion Bank specializes in consumer loans for recreational vehicles, boats, and home improvement, among other services.

How did the bank perform in the third quarter of 2025?

The bank reported a net income of $19.8 million, showcasing growth compared to the previous year.

What was the recent dividend declared by Medallion Bank?

The Board of Directors declared a dividend of $0.5625 per share on the Series G Preferred Stock, payable on January 2, 2026.

How does Medallion Bank’s loan origination compare year over year?

Loan origination services reached a record $208 million in the third quarter, indicating significant growth.

What strategies is the bank implementing for future growth?

Medallion Bank focuses on strategic partnerships in the fintech space, along with enhancing its service offerings in consumer lending.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

Contact Owen Jenkins privately here. Or send an email with ATTN: Owen Jenkins as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.