NASDAQ$MFIN

Medallion Financial Corp · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Medallion Financial Corp. reported increased net income and net interest income for Q4 2023.

Medallion Financial Corp. reported a net income of $14.3 million, or $0.60 per share, for the fourth quarter of 2023, compared to $13.1 million, or $0.57 per share, in the prior year quarter. Net interest income grew 12% to $49.0 million. The board of directors increased the quarterly dividend 25% to $0.10 per share.

  • Net income increased to $14.3 million, or $0.60 per share.
  • Net interest income grew 12% to $49.0 million.
  • Loan originations were $169.1 million.
  • Quarterly dividend increased 25% to $0.10 per share.

Headline financials

Total Revenue

$64.1M

Previous: $44.5M+44.2%
EPS (adj)

$0.60

Previous: $0.57+5.3%
Loan Originations

$169M

Previous: $192M-11.9%
Net Income

$14.3M

Previous: $13.1M+9.6%
Stock-Based Comp

$1.23M

Previous: $981K+25.5%

Revenue & EPS history

Medallion · Revenue · Quarterly

$64.1M

Q4 2023+44.2%vs Q4 2022
Beat estimate in 11 of 12 quarters(92%)
ActualEstimate

Revenue by segment

Medallion · $172M total across 2 segments · Q3 2023

  • Recreation Lending
    $92.6M
  • Home Improvement Lending
    $79.3M

Forward guidance

The Company will host a conference call to discuss its fourth quarter and full-year financial results tomorrow, Wednesday, February 21, 2024, at 9:00 a.m. Eastern time.

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 Q4 2023

Historical avgQ4 2023

+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

Earnings price reactions
QuarterReport dateReaction (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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