Medallion Financial CORP

Market Movers (8-K)

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NASDAQ
Medallion Financial Corp. announced its third quarter 2026 results, showing a significant year-over-year decrease in net income despite a 41% surge in loan originations and a 15% expansion of its total loan portfolio.
Worse than expected
Capital raise
NASDAQ
Medallion Financial Corp. announced a significant repurchase of its trust preferred securities and a resolution with activist investors BIMIZCI Fund LLC and ZimCal Asset Management LLC, including a five-year standstill agreement.
NASDAQ
Medallion Bank announced the pricing of a $55 million offering of its Series G Preferred Stock, with proceeds intended for general corporate purposes, potentially including the redemption of Series E Preferred Stock.
Capital raise
NASDAQ
Medallion Bank, a subsidiary of Medallion Financial Corp., announced the launch of a public offering for its Series G Preferred Stock to bolster capital and potentially redeem Series E Preferred Stock.
Capital raise
NASDAQ
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.

Quarterly Earnings (10-Q)

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NASDAQ
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
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
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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NASDAQ
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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NASDAQ
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
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
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
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
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
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.