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Medallion Financial Corp

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$10.45

0.08 (0.77%)

Live

Previous Close

$10.37

Day Range

$10.27 - $10.65

Previous Day Range

$10.28 - $10.98

Market Cap

$249.4 million USD

Day Vol.

11938

Previous Day Vol.

106403

Currency

USD

Primary Exchange

Nasdaq

Medallion Financial Corp is a finance company that originates and services loans in various industries. The five operating segments are, (1) recreation, (2) home improvement, (3) commercial, (4) taxi medallion, and (5) strategic partnership loans. Th...

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Recent News

Globe Newswire - Medallion Bank Announces Closing of Series G Preferred Stock Offering

Medallion Bank, a subsidiary of Medallion Financial, has closed a public offering of $77.5 million in Series G Preferred Stock. The bank plans to use the proceeds for general corporate purposes, including increasing capital levels and potentially redeeming its outstanding Series F Preferred Stock.

Related tickers: MFIN.

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Globe Newswire - Medallion Financial Corp. Reports 2024 Third Quarter Results

Medallion Financial Corp. reported its Q3 2024 results, with net income of $8.6 million, or $0.37 per share. The company saw growth in net interest income and loan originations, but also an increase in the credit loss provision.

Related tickers: MFIN.

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