Medallion Financial (MBNKO) Loans - Loss Allowance (2018 - 2024)

Medallion Financial's Loans - Loss Allowance history runs 7 years deep, the most recent figure standing at $83.8 million for Q1 2024.

• In Q1 2024, Loans - Loss Allowance rose 19.28% year-over-year to $83.8 million; the TTM figure through Mar 2024 stood at $83.8 million (up 19.28% YoY), while the FY2023 annual figure was $84.2 million, up 31.94% from the prior year.
• Loans - Loss Allowance was $83.8 million for Q1 2024 at Medallion Financial, roughly flat from $84.2 million in the prior quarter.
• In the past five years, Loans - Loss Allowance ranged from a high of $90.5 million in Q3 2020 to a low of $46.9 million in Q2 2021.
• Historically, Loans - Loss Allowance has averaged $64.7 million across 5 years, with a median of $61.5 million in 2022.
• The sharpest annual moves came in 2020 and 2021: Loans - Loss Allowance surged 109.94% in 2020, then sank 47.58% in 2021.
• A 5-year view of Loans - Loss Allowance shows it stood at $57.5 million in 2020, then retreated by 12.83% to $50.2 million in 2021, then climbed by 27.27% to $63.8 million in 2022, then jumped by 31.94% to $84.2 million in 2023, then dropped by 0.48% to $83.8 million in 2024.
• The last three Loans - Loss Allowance figures came in at $83.8 million (Q1 2024), $84.2 million (Q4 2023), and $79.1 million (Q3 2023), per Business Quant data.