mfin: the income statement

MyFinsight

For the quarter ending 2025-09-30, MFIN made $127,626K in revenue. $7,763K in net income. Net profit margin of 6.08%.

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

Income Statement	2025-09-30
Interest and fees on loans	78,934
Non-loan interest and dividend income	1,837
Total interest income	80,771
Interest on deposits	20,502
Interest on long-term debt	3,870
Interest on short-term borrowings	713
Total interest expense	25,085
Net interest income	55,686
Provision for credit losses	18,556
Net interest income after provision for credit losses	37,130
Gain (loss) on equity investments, net	257
Gain on taxi medallion assets, net	1,767
Strategic partnership fees	-990
Gain on sale of recreation loans held for sale	0
Other income	34
Total other income, net	3,048
Salaries and employee benefits	10,145
Loan servicing fees	2,852
Collection costs	1,660
Professional fee costs, net	1,073
Regulatory fees	680
Rent expense	680
Amortization of intangible assets	361
Other expenses	3,251
Total other expenses	20,702
Income before income taxes	19,476
Income tax provision	5,862
Net income after taxes	13,614
Less income attributable to the non-controlling interest	2,336
Less redemption of non-controlling interest	3,515
Net income attributable to medallion financial corp.stockholders	7,763

Adjusted weighted average common shares outstanding applicable to diluted eps	24,437,133
Basic net income per share	0.34
Diluted net income per share	0.32
Weighted average number of shares outstanding, basic, total	22,854,836