Common Stock, par value $0.01 per share
- Symbol
- MFIN
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 7.01, 9.01 · 8-K
MFINNASDAQEQUITYCurrent
Item 7.01 Regulation FD Disclosure On September 22, 2026, Medallion Bank (the “Bank”), a wholly owned subsidiary of Medallion Financial Corp. (the “Company”), issued a press release announcing the launch of an offering of non-cumulative perpetual preferred stock. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.…
Medallion Bank specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners. The Bank works directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City and is a wholly owned subsidiary of Medallion Financial Corp.
MEDALLION FINANCIAL CORP. · 8-K · Filed 2026-09-22
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION BANK ANNOUNCES LAUNCH OF SERIES G PREFERRED STOCK OFFERING SALT LAKE CITY, UT - September 22, 2026 - Medallion Bank (Nasdaq: MBNKO), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today that it has launched a public offering of additional shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, par value $1.00 per share, with a liquidation amount of $25 per share (the “Series G Preferred Stock”). The offering is a reopening of Medallion Bank's original issuance of its Series G Preferred Stock, which occurred on May 22, 2025. Medallion Bank’s Series G Preferred Stock is traded on the Nasdaq Capital Market under the ticker symbol “MBNKO.” Medallion Bank is and will remain a wholly owned subsidiary of Medallion Financial upon completion of the offering. Medallion Bank expects to grant the underwriters a 30-day option to purchase additional shares of the Series G Preferred Stock solely to cover over-allotments, if any. Medallion Bank intends to use the net proce…
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