Financial insights of MFIN

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31
Interest and fees on loans	308,066
Non-loan interest and dividend income	7,254
Total dividend and interest income	315,320
Interest on deposits	80,361
Interest on long-term debt	15,226
Interest on short-term borrowings	2,840
Total interest expense	98,427
Net interest income	216,893
Provision for credit losses	89,822
Net interest income after allowance for credit losses	127,071
Gain on equity investments, net	24,552
Gain on taxi medallion assets, net	4,632
Strategic partnership fees	3,621
Gain on sale of recreation loans held for sale	1,304
Other income	3,884
Total other income, net	37,993
Salaries and employee benefits	41,664
Loan servicing fees	11,500
Collection costs	6,681
Regulatory fees	3,634
Professional fee costs (benefits), net	5,005
Rent expense	2,789
Amortization of intangible assets	1,445
Penalties	0
Other expenses	12,461
Total other expenses	85,179
Income (loss) before income taxes	79,885
Income tax provision	24,544
Net income after taxes	55,341
Less income attributable to the non-controlling interest	8,782
Lessredemption of series f preferred stock - funds paid in excess of carrying value	3,515
Net income (loss) attributable to medallion financial corp	43,044

Basic EPS	1.89
Diluted EPS	1.78
Basic Average Shares	22,774,561
Diluted Average Shares	24,247,788