For the quarter ending 2026-03-31, MFIN had -$62,915K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income resulting from operations | 7,289 | 14,534 | 40,807 |
| Provision for credit losses | 22,476 | 27,690 | 62,132 |
| Proceeds from sales of strategic partnership loans held for sale | 174,342 | 258,468 | 505,338 |
| Origination of loans held for sale | 169,984 | 258,335 | 513,229 |
| Gain on sale of recreation loans held for sale | - | 1,304 | - |
| Paid-in-kind interest income | 303 | 359 | 802 |
| Depreciation and amortization | 2,041 | 2,058 | 6,265 |
| Amortization of loan origination costs and fees, net | -3,005 | -2,952 | -7,640 |
| Increase in deferred and other tax liabilities, net | 4,172 | -1,539 | 3,030 |
| Net change in value of loan collateral in process of foreclosure | - | 0 | 0 |
| Net gains on equity investments | 313 | 8,769 | 15,783 |
| Stock-based compensation expense | 2,075 | 1,679 | 5,056 |
| Increase in accrued interest receivable | -140 | 2,428 | 1,659 |
| (decrease) increase in other assets | 3,519 | 2,488 | -1,146 |
| Increase (decrease) in accounts payable and accrued expenses | 579 | 580 | -4,485 |
| Decrease in accrued interest payable | -684 | 1,029 | -2,941 |
| Net cash provided by operating activities | 41,316 | 33,768 | 92,515 |
| Loans originated | 212,270 | 166,501 | 583,301 |
| Proceeds from principal receipts, sales, and maturities of loans | 131,066 | 131,091 | 459,494 |
| Purchases of investments | 9,750 | 75 | 14,758 |
| Proceeds from principal receipts, sales, and maturities of investments | 1,584 | 10,974 | 25,363 |
| Proceeds from the sale and principal payments on loan collateral in process of foreclosure | 3,344 | 3,168 | 10,051 |
| Net cash used in investing activities | -86,026 | -21,343 | -103,151 |
| Proceeds from time deposits and funds borrowed | 245,664 | 149,117 | 1,368,824 |
| Repayments of time deposits and funds borrowed | 254,120 | 105,962 | 1,387,476 |
| Non-controlling interest equity raised by medallion bank | - | 0 | 73,126 |
| Non-controlling interest redemption at medallion bank | - | 0 | 46,000 |
| Cash dividends paid on common stock | 3,099 | 2,707 | 8,265 |
| Distributions to non-controlling interests | 2,336 | 2,336 | 6,446 |
| Payment of withholding taxes on net settlement of vested stock | 4,327 | 0 | 1,202 |
| Treasury stock repurchased | 0 | 0 | 986 |
| Proceeds from the exercise of stock options | 13 | 49 | 467 |
| Net cash used in financing activities | -18,205 | 38,161 | -7,958 |
| Net decrease in cash and cash equivalents | -62,915 | 50,586 | -18,594 |
| Cash and cash equivalents, beginning of period | 201,564 | 150,978 | 169,572 |
| Cash and cash equivalents, end of period | 138,649 | 201,564 | 150,978 |
MEDALLION FINANCIAL CORP (MFIN)
MEDALLION FINANCIAL CORP (MFIN)