mbnko: the income statement

MyFinsight

MEDALLION FINANCIAL CORP (MBNKO)

For the quarter ending 2025-06-30, MBNKO made $85,077K in revenue. $11,069K in net income. Net profit margin of 13.01%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Less income attributable to the non-controlling interest	2,598
Other income	273
Gain on sale of recreation loans held for sale	1,304
Gain (loss) on equity investments, net	6,096
Strategic partnership fees	-787
Gain on taxi medallion assets, net	749
Total other income, net	9,209
Other expenses	3,408
Salaries and employee benefits	10,148
Amortization of intangible assets	362
Regulatory fees	1,109
Professional fee costs, net	1,187
Loan servicing fees	2,899
Rent expense	683
Collection costs	1,749
Total other expenses	21,545
Provision for credit losses	21,562
Interest on short-term borrowings	548
Interest on long-term debt	3,916
Interest on deposits	19,608
Total interest expense	24,072
Interest and fees on loans	75,528
Non-loan interest and dividend income	1,914
Total interest income	77,442
Net interest income	53,370
Net interest income after provision for credit losses	31,808
Income before income taxes	19,472
Income tax provision	5,805
Net income after taxes	13,667
Net income attributable to medallion financial corp	11,069

Adjusted weighted average common shares outstanding applicable to diluted eps	24,058,084
Basic net income per share	0.49
Diluted net income per share	0.46
Weighted average number of shares outstanding, basic, total	22,783,947

Unit: Thousand (K) dollars (except for numbers of shares and EPS)