NASDAQ$MFIN
Medallion Financial Corp · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Medallion Financial Corp. reported a net loss due to COVID-19-related loan loss provisions, non-cash NYC taxi medallion value write-downs, and a non-cash write-off of a legacy non-core portfolio company, but net interest income increased, driven by consumer lending segments.
Medallion Financial Corp. reported a net loss of $13.6 million, or $0.56 per share, for the first quarter of 2020, compared to a net income of $1.2 million, or $0.05 per share, in the prior year period. The net loss was primarily due to COVID-19-related loan loss provisions, non-cash NYC taxi medallion value write-downs, and a non-cash write-off of a legacy non-core portfolio company. However, net interest income increased by 19% to $26.5 million, primarily reflecting the consumer lending segments.
- Net loss was $13.6 million, or $0.56 per share, compared to a net income of $1.2 million, or $0.05 per share, in the prior year period.
- Net interest income was $26.5 million, a 19% increase from the 2019 first quarter.
- Consumer originations were $103.1 million for the first quarter, up from $90.3 million in the prior year period.
- Total assets were $1.53 billion as of March 31, 2020.
Headline financials
Revenue & EPS history
Medallion · Revenue · Quarterly
$19.6M
Revenue by segment
Medallion · $172M total across 2 segments · Q3 2023
- Recreation Lending$92.6M—53.9%
- Home Improvement Lending$79.3M—46.1%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+1.5%
Avg return
Earnings day
+3.1%
Avg return
5 days after
+3.7%
Avg return
30 days after
63%
25 / 40 earnings
Positive
+30.1%
Q3 2016
Best reaction
-32.4%
Q2 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.0% | +0.1% | +5.0% | |
| Q4 2025 | -2.0% | -5.0% | -21.2% | |
| Q3 2025 | +1.7% | -0.1% | +1.3% | |
| Q1 2025 | +0.3% | +0.8% | +3.8% | |
| Q4 2024 | +7.2% | +9.7% | +0.6% | |
| Q3 2024 | +2.0% | +4.5% | +2.5% | |
| Q2 2024 | +2.9% | -1.9% | +0.1% | |
| Q1 2024 | -1.1% | +1.5% | +6.8% | |
| Q4 2023 | -10.7% | -6.5% | -12.3% | |
| Q3 2023 | +11.8% | +29.9% | +44.6% | |
| Q2 2023 | +7.1% | +14.6% | +1.0% | |
| Q1 2023 | +5.7% | +3.0% | +6.7% | |
| Q4 2022 | +4.8% | +2.8% | -2.3% | |
| Q3 2022 | +5.0% | +2.1% | +1.8% | |
| Q2 2022 | +10.3% | +11.8% | +32.6% | |
| Q1 2022 | +10.5% | +4.0% | +2.6% | |
| Q4 2021 | +11.9% | +18.2% | +28.9% | |
| Q3 2021 | +6.2% | +4.9% | -9.6% | |
| Q2 2021 | +2.4% | +2.0% | -0.7% | |
| Q1 2021 | +3.9% | +5.5% | +6.1% | |
| Q4 2020 | +1.5% | +2.5% | +9.1% | |
| Q3 2020 | +9.1% | +19.0% | +111.0% | |
| Q2 2020 | -4.9% | -4.6% | -9.1% | |
| Q1 2020 | -21.5% | -29.0% | -20.5% | |
| Q4 2019 | +0.0% | -6.5% | -57.1% | |
| Q3 2019 | +1.3% | +3.0% | -5.6% | |
| Q2 2019 | -8.5% | -7.1% | -4.5% | |
| Q1 2019 | +0.7% | +5.3% | -10.4% | |
| Q1 2016 | -4.4% | -7.2% | +5.5% | |
| Q4 2018 | +2.2% | -0.7% | -0.6% | |
| Q3 2018 | -9.1% | -12.9% | -18.9% | |
| Q2 2018 | -4.9% | -6.2% | -4.0% | |
| Q1 2018 | +19.1% | +41.5% | +51.3% | |
| Q4 2017 | -2.0% | -1.3% | +2.4% | |
| Q3 2017 | +4.4% | +21.8% | +22.3% | |
| Q2 2017 | -10.7% | -7.9% | -7.5% | |
| Q1 2017 | -0.5% | +6.4% | +14.2% | |
| Q4 2016 | +10.0% | +12.8% | +6.1% | |
| Q3 2016 | +30.1% | +13.8% | +8.9% | |
| Q2 2016 | -32.4% | -21.5% | -43.4% |
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