Medallion Financial Corp (MFIN) Interest Expense - Deposits (2018 - 2025)
Medallion Financial (MFIN) recorded Interest Expense - Deposits of $20.5 million in Q3 2025, up 6.8% from $19.19 million a year earlier and up 4.6% from the prior quarter.
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Analysis
Medallion Financial Corp (MFIN) Interest Expense - Deposits (2018 - 2025) Analysis & Trends
On a TTM basis, Medallion Financial's Interest Expense - Deposits came in at $79.76 million as of Sep 30, 2025, up 22.9% year-over-year; for FY2024, it was $70.5 million, up 47.6% from FY2023.
- Annual Interest Expense - Deposits has increased for three straight years, with a five-year compound annual growth rate of 25.6% (FY2019 to FY2024).
- Across earlier years, Interest Expense - Deposits came in at $47.78 million in FY2023 (+110.8%), $22.67 million in FY2022 (+29.2%), $17.54 million in FY2021 (-21.4%) and $22.33 million in FY2020 (-0.8%).
- The Q3 2025 figure is the highest quarterly Interest Expense - Deposits in data going back to Q2 2018.
- On a year-over-year basis, Interest Expense - Deposits has increased for 14 consecutive quarters, with growth averaging 44.2% over the last eight quarters.
- Peak year-over-year performance for Interest Expense - Deposits in the last five years was growth of 130.6% in Q2 2023, against a decline of 24.6% in Q2 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $19.61 million (Q2 2025), $19.62 million (Q1 2025) and $20.04 million (Q4 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 20.50 Mn |
| Jun 30, 2025 | 19.61 Mn |
| Mar 31, 2025 | 19.62 Mn |
| Dec 31, 2024 | 20.04 Mn |
| Sep 30, 2024 | 19.19 Mn |
| Jun 30, 2024 | 16.52 Mn |
| Mar 31, 2024 | 14.75 Mn |
| Dec 31, 2023 | 14.42 Mn |
| Sep 30, 2023 | 13.43 Mn |
| Jun 30, 2023 | 11.33 Mn |
| Mar 31, 2023 | 8.60 Mn |
| Dec 31, 2022 | 7.36 Mn |
| Sep 30, 2022 | 6.24 Mn |
| Jun 30, 2022 | 4.91 Mn |
| Mar 31, 2022 | 4.15 Mn |
| Dec 31, 2021 | 4.18 Mn |
| Sep 30, 2021 | 4.19 Mn |
| Jun 30, 2021 | 4.47 Mn |
| Mar 31, 2021 | 4.71 Mn |
| Dec 31, 2020 | 5.02 Mn |
API Access
Medallion Financial Corp Interest Expense - Deposits API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=MFIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-deposits", "ticker": "MFIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-expense-deposits&ticker=MFIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();