Security
Medallion Financial Corp. 9.000% Notes due 2021 · MFINL
MFINLNASDAQotherHistorical · closed Apr 14, 2021CIK 1000209Updated Oct 30, 2026
Current security for this SEC filerMFIN · NASDAQ
MFINL price & chart
Historical security
This listing closed Apr 14, 2021. Live provider charts are shown only for current listings.
Current security: MFIN
About the company
Medallion Financial Corp. (NASDAQ: MFIN) and its subsidiaries originate and service a portfolio of consumer loans and mezzanine loans in various industries. Key industries served include recreation (towable RVs and marine) and home improvement (swimming pools, replacement roofs, and windows). Medallion Financial Corp. is headquartered in New York City, NY, and its largest subsidiary, Medallion Bank, is headquartered in Salt Lake City, Utah. For more information, please visit www.medallion.com.
In the news
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Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Regulation FD Disclosure
Items 7.01
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Items 1.01, 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 2,900,387,000Source | 2,880,052,000Source | 3,193,585,000Source | 2,879,994,000Source | 2,760,876,000Source | 2,950,486,000Source | 2,847,738,000Source | 2,618,762,000Source | 2,955,464,000Source | 2,868,606,000Source | 2,587,827,000Source | 2,259,879,000Source |
| GoodwillUSD | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 18,063,000Source | 19,508,000Source | 16,979,000Source | 18,424,000Source | 19,869,000Source | 17,340,000Source | 18,785,000Source | 20,230,000Source | 17,701,000Source | 19,146,000Source | 20,591,000Source | 22,035,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 72,461,000Source | 120,593,000Source | 172,581,000Source | 110,361,000Source | 87,719,000Source | 93,915,000Source | 131,512,000Source | 54,778,000Source | 136,266,000Source | 98,238,000Source | 52,591,000Source | 33,172,000Source |
| Operating Lease, Right-of-Use AssetUSD | 5,456,000Source | 7,259,000Source | 4,214,000Source | 5,946,000Source | 7,728,000Source | 6,386,000Source | 6,435,000Source | 8,327,000Source | 6,896,000Source | 6,922,000Source | 8,785,000Source | 9,723,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 2,403,510,000Source | 2,448,876,000Source | 2,688,138,000Source | 2,347,429,000Source | 2,338,087,000Source | 2,442,973,000Source | 2,398,726,000Source | 2,200,938,000Source | 2,447,418,000Source | 2,429,648,000Source | 2,176,053,000Source | 1,889,355,000Source |
| Stockholders’ equity: | ||||||||||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 296,000Source | 293,000Source | 301,000Source | 295,000Source | 293,000Source | 301,000Source | 295,000Source | 292,000Source | 296,000Source | 293,000Source | 291,000Source | 287,000Source |
| Retained Earnings (Accumulated Deficit)USD | 152,968,000Source | 122,641,000Source | 168,591,000Source | 147,995,000Source | 116,333,000Source | 164,465,000Source | 139,716,000Source | 111,569,000Source | 162,374,000Source | 130,256,000Source | 103,883,000Source | 66,673,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -2,416,000Source | -2,247,000Source | -2,859,000Source | -3,098,000Source | -3,744,000Source | -2,766,000Source | -3,009,000Source | -3,846,000Source | -2,381,000Source | -3,647,000Source | -3,696,000Source | -3,349,000Source |
| Stockholders' Equity Attributable to ParentUSD | 397,448,000Source | 362,388,000Source | 406,018,000Source | 389,896,000Source | 354,001,000Source | 408,084,000Source | 380,224,000Source | 349,036,000Source | 408,617,000Source | 370,170,000Source | 342,986,000Source | 301,736,000Source |
| Additional Paid in Capital, Common StockUSD | 297,730,000Source | 291,845,000Source | 298,799,000Source | 295,834,000Source | 290,298,000Source | 297,214,000Source | 293,897,000Source | 288,685,000Source | 299,458,000Source | 293,412,000Source | 288,046,000Source | 283,663,000Source |
| Liabilities and EquityUSD | 2,900,387,000Source | 2,880,052,000Source | 3,193,585,000Source | 2,879,994,000Source | 2,760,876,000Source | 2,950,486,000Source | 2,847,738,000Source | 2,618,762,000Source | 2,955,464,000Source | 2,868,606,000Source | 2,587,827,000Source | 2,259,879,000Source |
| Current liabilities: | ||||||||||||
| Operating Lease, Liability, CurrentUSD | 2,324,000Source | 2,281,000Source | 463,000Source | 2,290,000Source | 2,267,000Source | 2,213,000Source | 2,349,000Source | 2,255,000Source | 2,205,000Source | 2,294,000Source | 2,472,000Source | 2,239,000Source |
| Operating Lease, Liability, NoncurrentUSD | 3,459,000Source | 5,534,000Source | 3,876,000Source | 4,041,000Source | 6,071,000Source | 4,489,000Source | 4,528,000Source | 6,710,000Source | 5,041,000Source | 5,128,000Source | 7,019,000Source | 8,408,000Source |
| Deferred Income Tax Liabilities, NetUSD | 19,019,000Source | 20,598,000Source | 19,973,000Source | 19,261,000Source | 22,394,000Source | 21,217,000Source | 21,538,000Source | 24,846,000Source | 19,596,000Source | 20,995,000Source | 21,207,000Source | 26,753,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 99,429,000Source | 68,788,000Source | 99,429,000Source | 142,669,000Source | 68,788,000Source | 99,429,000Source | 68,788,000Source | 68,788,000Source | 99,429,000Source | 68,788,000Source | 68,788,000Source | 68,788,000Source |
| Additional Financial Items | ||||||||||||
| Deferred Tax Liabilities, NetUSD | 19,019,000Source | 20,598,000Source | 19,973,000Source | 19,261,000Source | 22,394,000Source | 21,217,000Source | 21,538,000Source | 20,995,000Source | 19,596,000Source | 20,995,000Source | 21,207,000Source | 26,753,000Source |
| Long-term DebtUSD | 215,698,000Source | 232,037,000Source | 287,547,000Source | 199,928,000Source | 230,803,000Source | 214,159,000Source | 199,665,000Source | 225,558,000Source | 215,987,000Source | 232,159,000Source | 235,544,000Source | 214,320,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 13,614,000Source | 10,123,000Source | 9,780,000Source | 13,667,000Source | 7,289,000Source | 13,526,000Source | 55,341,000Source | 41,925,000Source | 61,126,000Source | 49,887,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 2,041,000Source | 2,105,000Source | 8,323,000Source | 6,217,000Source | 5,243,000Source | 5,229,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | — | — | 2,075,000Source | 1,688,000Source | 6,735,000Source | 6,053,000Source | 4,713,000Source | 3,476,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 41,316,000Source | 33,146,000Source | 126,283,000Source | 115,513,000Source | 113,764,000Source | 108,740,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -86,026,000Source | -1,582,000Source | -124,494,000Source | -335,778,000Source | -340,696,000Source | -449,005,000Source |
| Cash flows from financing activities: | ||||||||||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | — | — | — | — | — | — | 4,327,000Source | 1,202,000Source | 1,202,000Source | 944,000Source | 768,000Source | — |
| Payments for Repurchase of Common StockUSD | — | — | — | — | — | — | 0Source | 531,000Source | 986,000Source | 4,606,000Source | 0Source | 20,619,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | -18,205,000Source | -43,142,000Source | 30,203,000Source | 239,992,000Source | 271,179,000Source | 321,379,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 3,099,000Source | 2,859,000Source | 10,972,000Source | 9,394,000Source | 7,703,000Source | 7,543,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -62,915,000Source | -11,578,000Source | 31,992,000Source | 19,727,000Source | 44,247,000Source | -18,886,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 24,655,000Source | 24,515,000Source | 95,999,000Source | 82,760,000Source | 57,509,000Source | 31,976,000Source |
| Income Taxes Paid, NetUSD | — | — | — | — | — | — | 9,000Source | 10,000Source | 23,098,000Source | 22,464,000Source | 25,102,000Source | 8,848,000Source |
| Additional Financial Items | ||||||||||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 1,700,000Source | 1,500,000Source | 1,900,000Source | 1,700,000Source | 2,100,000Source | 1,700,000Source | 6,700,000Source | 6,100,000Source | — | — |
| Amortization of Deferred ChargesUSD | — | — | — | 1,200,000Source | 1,200,000Source | 1,100,000Source | 1,000,000Source | 1,100,000Source | 4,300,000Source | 4,000,000Source | 3,100,000Source | 2,600,000Source |
| Amortization of Intangible AssetsUSD | — | — | 361,000Source | 361,000Source | 362,000Source | 362,000Source | 361,000Source | 361,000Source | 1,445,000Source | 1,445,000Source | 1,445,000Source | 1,445,000Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | — | — | 257,000Source | -519,000Source | 232,000Source | 6,096,000Source | 313,000Source | 9,430,000Source | 24,552,000Source | 6,917,000Source | 5,178,000Source | 2,779,000Source |
| Equity Securities, FV-NI, Gain (Loss)USD | — | — | — | 63,000Source | — | — | — | — | — | — | 24,000Source | -226,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 100,000Source | 100,000Source | 200,000Source | 100,000Source | 300,000Source | -100,000Source | 24,600,000Source | -100,000Source | 0Source | 0Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | — | 63,000Source | — | — | — | — | — | — | 24,000Source | -226,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | 313,000Source | 9,430,000Source | 24,552,000Source | 6,917,000Source | 5,178,000Source | — |
| Gain (Loss) on Sales of Loans, NetUSD | — | — | — | 340,000Source | — | — | — | — | — | 1,293,000Source | 4,992,000Source | 5,448,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | — | — | — | — | — | — | — | 0Source | 0Source |
| GoodwillUSD | — | — | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source | 150,803,000Source |
| Income Tax Expense (Benefit)USD | — | — | 5,862,000Source | 4,055,000Source | 4,717,000Source | 5,805,000Source | 4,328,000Source | 6,713,000Source | 24,544,000Source | 21,011,000Source | 24,910,000Source | 17,963,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 7,763,000Source | 8,611,000Source | 7,445,000Source | 11,069,000Source | 4,953,000Source | 12,014,000Source | 43,044,000Source | 35,878,000Source | 55,079,000Source | 43,840,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 2,336,000Source | 1,512,000Source | 2,335,000Source | 2,598,000Source | 2,336,000Source | 1,512,000Source | 8,782,000Source | 6,047,000Source | 6,047,000Source | 6,047,000Source |
| Payments to Acquire InvestmentsUSD | — | — | — | — | — | — | 9,750,000Source | 3,873,000Source | 14,833,000Source | 7,741,000Source | 11,573,000Source | 20,713,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | — | — | — | — | — | — | — | 73,126,000Source | — | — | — |
| Proceeds from Stock Options ExercisedUSD | — | — | — | — | — | — | 13,000Source | 1,000Source | 516,000Source | 259,000Source | 442,000Source | 155,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | — | — | 18,556,000Source | 20,151,000Source | 22,273,000Source | 21,562,000Source | 22,476,000Source | 22,014,000Source | 89,822,000Source | 76,502,000Source | 37,810,000Source | 30,059,000Source |
| Depreciation | — | — | — | — | —Source | —Source | —Source | —Source | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 19,476,000Source | 14,178,000Source | 14,497,000Source | 19,472,000Source | 11,617,000Source | 20,239,000Source | 79,885,000Source | 62,936,000Source | 86,036,000Source | 67,850,000Source |
| Income Tax Expense (Benefit)USD | — | — | 5,862,000Source | 4,055,000Source | 4,717,000Source | 5,805,000Source | 4,328,000Source | 6,713,000Source | 24,544,000Source | 21,011,000Source | 24,910,000Source | 17,963,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | 2,336,000Source | 1,512,000Source | 2,335,000Source | 2,598,000Source | 2,336,000Source | 1,512,000Source | 8,782,000Source | 6,047,000Source | 6,047,000Source | 6,047,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | 7,763,000Source | 8,611,000Source | 7,445,000Source | 11,069,000Source | 4,953,000Source | 12,014,000Source | 43,044,000Source | 35,878,000Source | 55,079,000Source | 43,840,000Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.34Source | 0.38Source | 0.32Source | 0.49Source | 0.21Source | 0.53Source | 1.89Source | 1.59Source | 2.45Source | 1.86Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.32Source | 0.37Source | 0.31Source | 0.46Source | 0.2Source | 0.5Source | 1.78Source | 1.52Source | 2.37Source | 1.83Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 22,854,836Source | 22,490,792Source | 23,288,732Source | 22,783,947Source | 23,059,744Source | 22,570,797Source | 22,774,561Source | 22,546,051Source | 22,510,435Source | 23,583,049Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 24,437,133Source | 23,447,929Source | 24,013,303Source | 24,058,084Source | 24,545,801Source | 23,897,167Source | 24,247,788Source | 23,605,493Source | 23,248,323Source | 23,927,342Source |
| Additional Financial Items | ||||||||||||
| Amortization of Intangible AssetsUSD | — | — | 361,000Source | 361,000Source | 362,000Source | 362,000Source | 361,000Source | 361,000Source | 1,445,000Source | 1,445,000Source | 1,445,000Source | 1,445,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | — | — | 600,000Source | 100,000Source | 700,000Source | 600,000Source | 600,000Source | 600,000Source | 2,500,000Source | 700,000Source | 400Source | 400,000Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | — | — | 100,000Source | 100,000Source | 200,000Source | 100,000Source | 300,000Source | -100,000Source | 24,600,000Source | -100,000Source | 0Source | 0Source |
| Gain (Loss) on InvestmentsUSD | — | — | — | — | — | — | 313,000Source | 9,430,000Source | 24,552,000Source | 6,917,000Source | 5,178,000Source | — |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 62,946,000Source | 36,185,000Source |
| InterestExpenseOperatingUSD | — | — | 25,085,000Source | 23,672,000Source | 27,130,000Source | 24,072,000Source | 25,009,000Source | 24,013,000Source | 98,427,000Source | 88,167,000Source | — | — |
| Interest Income (Expense), NetUSD | — | — | 55,686,000Source | 52,737,000Source | 57,247,000Source | 53,370,000Source | 54,059,000Source | 51,412,000Source | 216,893,000Source | 202,535,000Source | 188,094,000Source | 160,436,000Source |
| Labor and Related ExpenseUSD | — | — | 10,145,000Source | 9,456,000Source | 11,247,000Source | 10,148,000Source | 11,000,000Source | 9,993,000Source | 41,664,000Source | 38,344,000Source | 37,562,000Source | 31,130,000Source |
| Lease IncomeUSD | — | — | — | — | — | — | — | — | — | — | — | 0Source |
| Other IncomeUSD | — | — | 3,048,000Source | 587,000Source | — | 9,209,000Source | — | 11,599,000Source | 37,993,000Source | 11,330,000Source | 11,320,000Source | — |
| Common Stock, Dividends, Per Share, Declared | — | — | — | —Source | — | — | — | — | — | — | — | — |
Offerings
Registration 333-296902
Filing attachments
mfin-ex99_1.htm · 8-K · 2026-10-29
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2026 THIRD QUARTER RESULTS NEW YORK, NY - October 29, 2026 - Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced its financial results for the quarter ended September 30, 2026. 2026 Third Quarter Highli…
Read attachment ↗ef20084038_ex99-1.htm · 8-K · 2026-10-19
Exhibit 99.1 FOR IMMEDIATE RELEASE MEDALLION FINANCIAL CORP. ANNOUNCES REPURCHASE OF TRUST PREFERRED SECURITIES AND SUCCESSFUL RESOLUTION WITH ZIMCAL NEW YORK, NY - October 19, 2026 - Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan-origination services to fintech strategic partners, today announced that the Company has entered into a p…
Read attachment ↗mfin-ex99_1.htm · 8-K · 2026-09-24
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION BANK ANNOUNCES PRICING OF SERIES G PREFERRED STOCK OFFERING SALT LAKE CITY, UT - September 23, 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 priced a public offering of 2,200,000 additional shares of its Fixed-Rate Reset Non-Cumulative Perpetu…
Read attachment ↗mfin-ex99_1.htm · 8-K · 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 Prefe…
Read attachment ↗mfin-ex99_1.htm · 8-K · 2026-07-29
EX-99.1 2 mfin-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2026 SECOND QUARTER RESULTS Record Assets Surpass $3.0 billion, Loan Originations Increase 63% NEW YORK, NY - July 29, 2026 - Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic par…
Read attachment ↗d118436dex991.htm · 8-K · 2026-06-10
EX-99.1 2 d118436dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. ANNOUNCES LANDSLIDE VOTE RESULTS FOR THE BOARD ON ALL MEASURES NEW YORK, NY - June 10, 2026 - Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced the preliminary v…
Read attachment ↗