Medallion Financial (MFIN) Reports Strong Q4 Earnings and Loan G

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Medallion Financial Corp (MFIN) reported strong Q4 earnings with net interest income exceeding expectations at $56.4 million and a net income of $12.2 million. The company saw a significant increase in loan originations, reaching $421.3 million, largely due to strategic partnerships, and an improved net interest margin of 8.04%. Despite robust financial health indicated by revenue growth and profitability, Medallion’s financial strength is considered poor due to high debt levels, though its Beneish M-Score suggests it’s unlikely to be a manipulator.

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