"We continue to be pleased with our quarterly and full-year performance. In the fourth quarter of 2023, taxi medallion recoveries added $0.37 to our bottom line compared to only $0.04 this quarter.

Medallion Financial reported net income of $12.0 million for Q1 2025, up from $10.0 million in Q1 2024, representing a 20% year-over-year increase. Net interest income grew to $51.4 million, compared ...

"Once again we are pleased with our bottom-line performance and the $0.50 per share earnings this quarter. We have done a great job pivoting fully away from our legacy taxi medallion lending business.