Q2 2026 Medallion Financial Corp Earnings Call Transcript

Jul 30, 2026 / 01:00 PM GMT

Release Date Price: €8.3 (+0.61%)

Transcript

Key Points

Positve

Record-high home improvement originations of $128.6 million, up over twofold year-over-year, with stable credit quality.
Record-high recreation loan originations of $228.5 million, up 60% year-over-year, with stable credit quality.
Total loan portfolio grew 12% year-over-year to $2.79 billion, with 7% sequential growth, and assets exceeded $3 billion.
Net interest income reached a new quarterly record of $57.2 million, with net interest margin maintained at approximately 8%.
Strategic partnership program added a fifth partner, contributing $247.1 million in loans and over $1.1 million in fee income.

Negative

Net income attributable to shareholders fell to $7.4 million ($0.31 per share) from $11.1 million ($0.46 per share) a year ago, partly due to lower equity investment gains.
Provision for credit loss increased to $22.3 million, including $6.5 million in day-one provisioning from loan growth, reducing EPS by roughly $0.18.
Operating costs rose to $25 million from $21.5 million a year ago, driven by higher employee costs, servicing expenses, and elevated professional fees from the proxy.
Net interest margin declined 15 basis points year-over-year to 7.94%, pressured by higher borrowing and deposit costs.
Recreation loan net charge-offs remained elevated at 3.14% of average portfolio, though stable from the prior year.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MFIN.OQ - Medallion Financial Corp
Q2 2026 Medallion Financial Corp Earnings Call
Jul 30, 2026 / 01:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day and welcome to the Medallion Financial Corp Q2 2026 earnings conference call.

All participants will be in listen-only mode.

Should you need assistance, please signal a conference specialist by pressingar.

And 0.

After today's presentation, there will be an opportunity to ask questions.

Ask a question, you may press star and 1 on your touchtone phone.

To withdraw your question, please press star, then 2.

Please note this event is being recorded.

I would like now to turn the conference over to Ken Cooper Investor Relations, please go ahead.

Thank you and good morning.

Welcome to Medallion Financial Corp's second quarter

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.