Medallion Financial reported FY 2025 net income attributable to shareholders of USD 43.0 million, up 20%, and diluted EPS of USD 1.78. Total interest income rose 8% to USD 315.3 million, while interest expense increased 12% to USD 98.4 million as funding costs rose with higher rates on newly issued certificates of deposit. Provision for credit losses increased 17% to USD 89.8 million, reflecting rising loss rates, delinquency fluctuations and higher expected losses in the recreation portfolio as well as lower taxi medallion recoveries. Net other income jumped more than doubled to USD 38.0 million, driven by USD 24.6 million of net gains on equity investments and USD 4.6 million of gains tied to taxi medallion assets. Total loans increased 3% to USD 2.57 billion, with FY 2025 originations of USD 1.51 billion including USD 771.6 million from strategic partnerships and USD 468.5 million in recreation lending.

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