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- Sba Event of Default (new) — The SBA declared an event of default on Medallion Capital's outstanding debentures, requiring submission of a qualified management candidate within 120 days.
Net income attributable to Medallion Financial Corp. fell 58.8% to $5.0M in the first quarter.
Filed May 5, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 6, 2025 · ~1 min read
Key Changes
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medium
Net interest income rose 5.1% to $54.1M, while the provision for credit losses was $22.5M compared to $22.0M.
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medium
Total other income fell 79.2% to $2.4M, and net gains on equity investments were $313,000 compared to $9.4M.
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low
Total assets were $2.95B at March 31, 2026, down slightly from $2.96B at December 31, 2025, while deposits increased 2.1% to $2.13B.
3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 3, 2026 · How we verify