Medallion Financial (MBNKO) Rent Expense (2017 - 2021)

Medallion Financial (MBNKO) recorded quarterly Rent Expense of $481000.0 in Q3 2021, down 22.92% quarter-over-quarter from $624000.0 in Q2 2021, and down 28.85% on a YoY basis from $676000.0 in Q3 2020.

Medallion Financial (MBNKO) Rent Expense (2017 - 2021) Analysis & Trends

Medallion Financial's Rent Expense history runs 5 years deep, the most recent figure standing at $481000.0 for Q3 2021.

  • In Q3 2021, Rent Expense fell 28.85% year-over-year to $481000.0; the TTM figure through Sep 2021 stood at $2.6 million (down 1.7% YoY), while the FY2020 annual figure was $2.8 million, up 17.11% from the prior year.
  • Rent Expense was $481000.0 for Q3 2021 at Medallion Financial, down from $624000.0 in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $829000.0 in Q4 2020 to a low of $243000.0 in Q1 2018.
  • Historically, Rent Expense has averaged $548666.7 across 5 years, with a median of $596000.0 in 2019.
  • The sharpest annual moves came in 2019 and 2021: Rent Expense surged 146.91% in 2019, then slipped 28.85% in 2021.
  • A 5-year view of Rent Expense shows it stood at $267000.0 in 2017, then surged by 121.35% to $591000.0 in 2018, then advanced by 9.98% to $650000.0 in 2019, then grew by 27.54% to $829000.0 in 2020, then tumbled by 41.98% to $481000.0 in 2021.
  • The last three Rent Expense figures came in at $481000.0 (Q3 2021), $624000.0 (Q2 2021), and $675000.0 (Q1 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 Visa 541.66 Bn 529.25 Bn - -
2 Mastercard 437.55 Bn 427.34 Bn - -
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn -
4 Capital One Financial 112.47 Bn 35.97 Bn - 867.00 Mn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn -
6 Synchrony Financial 24.26 Bn 3.70 Bn - -
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn -
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn -
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn -
10 Medallion Financial - - - -

Historic Data

Download Data
DateValue
Sep 30, 2021 481,000.00
Sep 30, 2021 481,000.00
Jun 30, 2021 624,000.00
Jun 30, 2021 624,000.00
Mar 31, 2021 675,000.00
Mar 31, 2021 675,000.00
Dec 31, 2020 829,000.00
Dec 31, 2020 829,000.00
Sep 30, 2020 676,000.00
Sep 30, 2020 676,000.00
Jun 30, 2020 631,000.00
Jun 30, 2020 631,000.00
Mar 31, 2020 697,000.00
Mar 31, 2020 697,000.00
Dec 31, 2019 650,000.00
Dec 31, 2019 650,000.00
Sep 30, 2019 592,000.00
Sep 30, 2019 592,000.00
Jun 30, 2019 577,000.00
Jun 30, 2019 577,000.00