<span item_type="fundamental" item_id="77dc179d1f1ac7350693188fab6971af" counter_id="ST/US/MBNKP" env="prod"></span><span item_type="announcement" item_id="511028732679228929" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD 0.5.</p><p>EBIT: As of FY2025 Q1, the actual value is USD 20.24 K.</p><p></p><h3>Net Income</h3><p>Net income grew 20% to $12.0 million, or $0.50 per share, compared to $10.0 million, or $0.42 per share, in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p><h3>Net Interest Income</h3><p>Net interest income increased by 7% to $51.4 million from $47.9 million in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p><h3>Loan Originations</h3><p>Loan originations grew to $281.6 million, compared to $173.1 million in the prior year quarter, with strategic partnership loans increasing significantly to $136.2 million from $15.7 million in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p><h3>Credit Loss Provision</h3><p>Credit loss provision increased to $22.0 million from $17.2 million in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p><h3>Recreation Lending Segment</h3><ul><li>Originations were $86.8 million during the quarter, compared to $105.8 million a year ago.</li><li>Recreation loans grew 13% to $1.5 billion, or 62% of total loans, as of March 31, 2025, compared to $1.4 billion a year ago.</li><li>Interest income grew 15% to $50.5 million for the quarter, from $43.9 million in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></li></ul><h3>Home Improvement Lending Segment</h3><ul><li>Originations were $48.8 million during the quarter, compared to $51.6 million a year ago.</li><li>Home improvement loans grew 8% to $812.4 million, or 33% of total loans, as of March 31, 2025, compared to $752.3 million a year ago.</li><li>Interest income grew 13% to $19.8 million for the quarter, from $17.4 million in the prior year quarter.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></li></ul><h3>Commercial Lending Segment</h3><p>Commercial loans were $116.1 million at March 31, 2025, compared to $106.6 million a year ago.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p><h3>Taxi Medallion Lending Segment</h3><p>The Company collected $2.6 million of cash on taxi medallion-related assets during the quarter, and total net taxi medallion assets declined to $6.8 million, a 37% reduction from a year ago.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p><h3>Capital Allocation</h3><p>The Board of Directors declared a quarterly dividend of $0.12 per share, payable on May 30, 2025, to shareholders of record at the close of business on May 15, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p><h3>Outlook / Guidance</h3><p>The company is optimistic about its future, with a focus on delivering positive returns to shareholders and continuing to pivot away from its legacy taxi medallion lending business. The board of directors has increased the quarterly dividend to $0.12 per share, reflecting confidence in ongoing performance.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1000209/000095017025061025/mfin-ex99_1.htm"></span></p>

Medallion Bank Utah Pref Share MBNKP 8.0 Perp 04/01/25 F | 8-K: FY2025 Q1 EPS: USD 0.5