Medallion Financial

Medallion Financial Corp. is a closed-end, non-diversified management company which engages in lending and investing operations. It focuses on consumer finance portfolio including medallion, secured commercial, and consumer loans, and invests in both marketable and nonmarketable securities. The company was founded on May 23, 1996 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Medallion Financial (MFIN) reports strong Q3 earnings and growth opportunities

Medallion Financial (MFIN) delivered strong financial results in Q3 2024, driven by robust loan origination and credit quality improvements.
The company's focus on prime borrowers and diversified lending segments positions it well for future growth.
Challenges include managing credit losses and competitive loan yields, while opportunities exist in expanding originations and optimizing operations.
Overall, Medallion Financial's performance reflects a balanced approach to growth and risk management.

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NEW YORK, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN) announced today that senior management will participate in the Colliers Securities Institutional Investor Conference, which will take place virtually September 9, 2021.

Medallion Financial Corp. to Participate in the Colliers Securities Institutional Investor Conference

Medallion Financial Corp (MFIN) Management on Q2 2021 Results - Earnings Call Transcript

Medallion Financial (MFIN) delivered earnings and revenue surprises of 41.38% and 5.85%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Medallion Financial (MFIN) Q2 Earnings and Revenues Top Estimates

Shares of Medallion Financial (NASDAQ:MFIN) were unchanged in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 356.25% year over year to $0.41, which beat the estimate of $0.29.

Recap: Medallion Financial Q2 Earnings

NEW YORK, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a finance company that originates and services loans in various consumer and commercial industries, announced today its 2021 second quarter results.

Medallion Financial Corp. Reports 2021 Second Quarter Results

The stock price of Medallion Financial Corp (NASDAQ: MFIN) increased by over 7% pre-market. This is why it happened.

MFIN Stock Increases Over 7% Pre-Market: Why It Happened

SALT LAKE CITY, July 30, 2021 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, “the Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech partners, announced today its 2021 second quarter results. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN).

Medallion Bank Reports 2021 Second Quarter Results and Declares Series F Preferred Stock Dividend

NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), announced today that its Board of Directors has appointed Robert (Bob) M. Meyer as an independent director, effective immediately. Mr. Meyer's appointment expands the Board to eight members, five of which are independent directors. Mr. Meyer will be a member of the Company's Audit Committee, Compensation Committee, and Nominating and Governance Committee.

Medallion Financial Corp. Announces the Appointment of Long-time Banking Vet Robert M. Meyer to Its Board of Directors

Medallion Financial (MFIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Medallion Financial (MFIN) Reports Next Week: Wall Street Expects Earnings Growth

NEW YORK, July 15, 2021 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various consumer and commercial niche industries, announced today that it will report its 2021 second quarter results after the market closes on Monday, August 2, 2021.

Medallion Financial Corp. to Report 2021 Second Quarter Results on Monday, August 2, 2021

NEW YORK--(BUSINESS WIRE)--Medallion Financial Corp. (NASDAQ: MFIN) announced today that Andrew Murstein, President and Chief Operating Officer, and Larry Hall, Chief Financial Officer, will present at the LD Micro Invitational XI, which will take place virtually June 8-10. The Medallion presentation is scheduled for 12:00PM ET on Wednesday, June 9, 2021. A webcast of the virtual presentation will be made available on the day of the conference at https://ldmicrojune2021.mysequire.com/. Medallio

Medallion Financial Corp. to Present at the LD Micro Invitational XI

SALT LAKE CITY, May 27, 2021 /PRNewswire/ -- Medallion Bank (Nasdaq: MBNKP), (MBNKP or "the Bank"), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech partners, has announced its partnership with LoanPro, a tech-forward loan servicing software company. Medallion Bank now combines its recreation and home improvement consumer finance loan origination capability with LoanPro's proven lending platform, which empowers lenders through workflow automation and improved data visibility.

Medallion Bank Selects LoanPro

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Medallion Financial Corp (MFIN) on Q1 2021 Results - Earnings Call Transcript

Medallion Financial (MFIN) delivered earnings and revenue surprises of 78.95% and -5.83%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Medallion Financial (MFIN) Beats Q1 Earnings Estimates

Shares of Medallion Financial (NASDAQ:MFIN) remained flat after the company reported Q1 results. Quarterly Results Earnings per share increased 151.79% year over year to $0.29, which beat the estimate of $0.19.

Medallion Financial: Q1 Earnings Insights

NEW YORK--(BUSINESS WIRE)--Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various consumer and commercial niche industries, announced today its 2021 first quarter results. 2021 First Quarter Highlights Net income was $8.4 million, or $0.34 per share, compared to a net loss of $13.6 million, or $0.56 per share, in the prior year quarter. Net interest income was $28.7 million in the quarter, primarily refle

Medallion Financial Corp. Reports 2021 First Quarter Results

SALT LAKE CITY--(BUSINESS WIRE)--Medallion Bank (Nasdaq: MBNKP, “the Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech partners, announced today its 2021 first quarter results. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). 2021 First Quarter Highlights Quarterly net income was $13.8 million compared to a net loss of $0.4 million in the

Medallion Bank Reports 2021 First Quarter Results and Declares Series F Preferred Stock Dividend

NEW YORK--(BUSINESS WIRE)--Medallion Financial Corp. (Nasdaq: MFIN, “Medallion” or the “Company”) announced today that it will report its 2021 first quarter results after the market closes on Monday, May 3, 2021. A conference call to discuss the financial results will be held on Tuesday, May 4, 2021 at 9:00 a.m. Eastern time. The dial-in number for the conference call is (877) 407-0789 (toll-free) or (201) 689-8562 (direct). Please dial the number 10 minutes prior to the scheduled start time. A

Medallion Financial Corp. to Report 2021 First Quarter Results on Monday, May 3, 2021

Medallion Financial (MFIN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Medallion Financial (MFIN) Surges 5.3%: Is This an Indication of Further Gains?

Medallion Financial (MFIN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Medallion Financial (MFIN) to Report Q1 Results: Wall Street Expects Earnings Growth

NEW YORK--(BUSINESS WIRE)--Medallion Financial Corp. (Nasdaq: MFIN, “Medallion Financial” or the “Company”) announced today that Medallion Bank (Nasdaq: MBNKP, “the Bank”) has entered into a definitive agreement with ClearGage, LLC to provide loan origination services. ClearGage operates a technology platform which allows merchants or providers to offer a point-of-sale consumer finance program and ongoing loan servicing for their customers with a focus on the healthcare and wellness industries.

Medallion Financial Announces Second Fintech Strategic Partnership at Medallion Bank

NEW YORK--(BUSINESS WIRE)--Medallion Financial Corp. (Nasdaq: MFIN, “Medallion Financial” or the “Company”) announced today that it has completed a private placement of $25.0 million aggregate principal amount of fixed rate senior unsecured notes to certain institutional investors. The notes will mature on February 26, 2026 and bear a fixed interest rate of 7.25% per year, paid semi-annually. The notes received an investment grade rating of A minus by Egan-Jones. This transaction is in addition

Medallion Financial Announces Completion of Private Placement of $25.0 Million of Senior Unsecured Notes

Medallion Financial Corp. (MFIN) CEO Alvin Murstein on Q4 2020 Results - Earnings Call Transcript

News for Medallion Financial ETF (MFIN)