Market Movers (8-K)
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Medallion Financial Corp. reported Q2 2026 results with record assets exceeding $3.0 billion and a 63% increase in loan originations.
Worse than expected
NASDAQ
Medallion Financial Corp. announced the retirement of Medallion Bank CEO Donald S. Poulton, effective June 30, 2026, alongside equity compensation adjustments.
NASDAQ
Medallion Financial Corp. shareholders re-elected the company's board nominees and rejected all dissident director candidates at the 2026 annual meeting.
NASDAQ
Medallion Financial Corp. has resolved a previously disclosed event of default regarding its SBA debentures following successful background checks.
NASDAQ
Medallion Financial Corp. announced that Donald Poulton will retire as CEO of Medallion Bank, with David Justin Haley appointed as his successor effective July 1, 2026.
NASDAQ
Medallion Financial Corp. announced preliminary voting results from its 2026 Annual Meeting, with shareholders overwhelmingly re-electing all three of the company's director nominees over those proposed by ZimCal Asset Management LLC.
Quarterly Earnings (10-Q)
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Medallion Financial Corp. reported a slight dip in Q3 net income but strong year-to-date growth, driven by increased interest income and strategic partnership fees, alongside a planned CEO transition.
Capital raise
NASDAQ
Medallion Financial Corp. reported a significant increase in net income and earnings per share for the second quarter and first half of 2025, driven by higher interest income and substantial gains on equity investments.
Better than expected
Capital raise
NASDAQ
Medallion Financial Corp. announces increased net income for Q1 2025, driven by growth in consumer lending and strategic initiatives, despite rising interest expenses and provisions for credit losses.
NASDAQ
Medallion Financial Corp. reports increased loan balances and net interest income for Q3 2024, while navigating a higher interest rate environment.
Worse than expected
NASDAQ
10-Q: Medallion Financial Corp. Reports Mixed Q2 Results Amidst Loan Growth and Rising Interest Expenses
Medallion Financial Corp. saw growth in its loan portfolio during the second quarter of 2024, but also faced increased interest expenses and provisions for credit losses.
Worse than expected
NASDAQ
Medallion Financial Corp. reported a decrease in net income for the first quarter of 2024, primarily due to a significant increase in the provision for credit losses.
Worse than expected
Annual Reports (10-K)
NASDAQ
Medallion Financial Corp.'s 10-K filing reveals a year of asset growth, strategic shifts in lending, and ongoing legal challenges with the SEC.
Worse than expected
NASDAQ
10-K: Medallion Financial Corp. Reports 2023 Financial Results, Highlights Growth in Consumer Lending
Medallion Financial Corp.'s 2023 annual report showcases growth in consumer lending, with total assets reaching $2.6 billion.
Worse than expected
Insider Trading (Form 4)
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Donald S. Poulton, CEO of Medallion Bank, reported a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock awards.
NASDAQ
John Everets, a Director at Medallion Financial Corp., reported the acquisition of 12,981 Restricted Stock Units (RSUs) on June 9, 2026.
NASDAQ
Medallion Financial Corp. director Robert Meyer acquired 12,981 restricted stock units, with vesting and settlement contingent on his service.
NASDAQ
Cynthia A. Hallenbeck, a Director at Medallion Financial Corp., acquired 12,981 restricted stock units on June 9, 2026.
NASDAQ
Director Brent O. Hatch received a grant of 12,981 restricted stock units from Medallion Financial Corp., vesting in 2027.
NASDAQ
David L. Rudnick, a Director at Medallion Financial Corp., was granted 12,981 restricted stock units (RSUs) that vest on June 9, 2027.
Proxy Statements (Def-14A)
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Medallion Financial Corp. has amended its proxy statement for the 2025 Annual Meeting of Stockholders to clarify the impact of abstentions and broker non-votes on the voting of proposals.
NASDAQ
Medallion Financial Corp. is asking shareholders to approve an amendment to its 2018 Equity Incentive Plan to increase the number of shares available for issuance by 2,000,000.
NASDAQ
Medallion Financial Corp. released online advertisements via Google and website display platforms on June 4, 2024.
NASDAQ
DEFA14A: Medallion Financial Receives Backing from Proxy Advisors for Board Nominees and Executive Pay
Medallion Financial Corp. announces that proxy advisory firms Glass Lewis and ISS recommend shareholders vote for the company's board nominees and executive compensation at the upcoming annual meeting.
NASDAQ
DEFA14A: Medallion Financial Urges Shareholders to Vote for Incumbent Directors Amidst Activist Challenge
Medallion Financial is urging shareholders to vote for its nominated directors, Robert M. Meyer and David L. Rudnick, at the upcoming Annual Meeting, countering an activist investor's attempt to replace them.
Better than expected
NASDAQ
Leading proxy advisor ISS recommends Medallion Financial shareholders vote for the board's director nominees and in favor of say-on-pay at the upcoming annual meeting.
Better than expected
Schedule 13D - Activist Investments
NASDAQ
SCHEDULE 13D/A: Medallion Financial CEO Alvin Murstein Updates Beneficial Ownership, Reports New Restricted Stock Award
Alvin Murstein, Chairman and CEO of Medallion Financial Corp., has updated his beneficial ownership to 8.07% of common stock, including a recent award of 23,514 restricted shares.
NASDAQ
SCHEDULE 13D/A: KORR Value Group Reduces Stake in Medallion Financial Below 5%
KORR Value L.P. and its affiliates have amended their Schedule 13D filing, reporting a reduction in their beneficial ownership of Medallion Financial Corp. common stock to below 5% as of December 31, 2024.
Worse than expected
Schedule 13G - Passive Investments
NASDAQ
Andrew M. Murstein filed an amended Schedule 13G disclosing beneficial ownership of 11.73% of Medallion Financial Corp. common stock.
NASDAQ
SCHEDULE 13G/A: BlackRock Discloses 5.0% Stake in Medallion Financial Corp.
BlackRock, Inc. has filed an amended Schedule 13G, reporting a 5.0% beneficial ownership stake in Medallion Financial Corp. as of March 31, 2025.
NASDAQ
Andrew M. Murstein has reported a beneficial ownership of 10.97% of Medallion Financial Corp.'s common stock as of December 31, 2024, according to a recent Schedule 13G filing.