What does taxi medallion lending — noninterest expense mean?

This is the total operating expense for the taxi medallion lending segment, excluding interest expense and provisions for loan losses. It encompasses all administrative, personnel, and operational costs required to run the segment. A lower ratio of noninterest expense to income indicates higher operational efficiency.

Medallion Financial MFIN Taxi Medallion Lending — Noninterest Expense

Other segment segments

Consumer Lending

$11.08M—

Commercial Lending

$1.28M—

Similar metrics at other companies

RCSmall Business Lending — Noninterest Expense

$29.21M-2.8%

FRSTNoninterest Expense Miscellaneous Lending Expenses

$728K-12.7%

ONITLending — Other expenses

$1.6M+18.5%

NRIMHome Mortgage Lending — Noninterest Expense

$7.2M+11.0%

FSBWHome Lending — Noninterest Expense

$4.66M-4.5%

NAVIConsumer Lending — Noninterest Expense

$39M+11.4%

Other financials

Income statement

See full

Net income$5.0M-58.8%

EPS (diluted)$0.20-60.0%

Balance sheet

See full

Cash & equivalents$93.9M-28.6%

Total debt$265.4M-16.6%

Total equity$408.1M+7.3%

Total assets$3.0B+3.6%

Cash flow

See full

Operating cash flow$41.3M+24.6%

Valuation

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Market cap$235.98M+7.7%

Enterprise value$407.43M+1.4%

P/E6.6×+1.3×

Returns & leverage

See full

Return on equity9.1%-1.3pp

Debt / equity0.7×-0.2×

Where this comes from

Reported directly by Medallion Financial in its filing.

Tagged under the XBRL concept us-gaap:NoninterestExpense.

The official record: Medallion Financial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Medallion Financial's taxi medallion lending — noninterest expense?: Medallion Financial (MFIN) reported taxi medallion lending — noninterest expense of $763K in Q1 2026.
What does taxi medallion lending — noninterest expense mean?: This is the total operating expense for the taxi medallion lending segment, excluding interest expense and provisions for loan losses. It encompasses all administrative, personnel, and operational costs required to run the segment. A lower ratio of noninterest expense to income indicates higher operational efficiency.