Medallion Financial Corp.

MFIN

US5839281061

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
7.91 ^USD	-1.37%		+1.54%	-19.70%

Apr. 24	ZimCal Asset Management Posts Updated Materials its Website	CI
Apr. 18	Medallion Financial Solicits Proxies from Shareholders	CI

Medallion Financial Corp. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023

July 24, 2023 at 04:01 pm EDT

Medallion Financial Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was USD 14.17 million compared to USD 13.3 million a year ago. Basic earnings per share from continuing operations was USD 0.63 compared to USD 0.55 a year ago. Diluted earnings per share from continuing operations was USD 0.62 compared to USD 0.54 a year ago.
For the six months, net income was USD 29.53 million compared to USD 23.14 million a year ago. Basic earnings per share from continuing operations was USD 1.32 compared to USD 0.95 a year ago. Diluted earnings per share from continuing operations was USD 1.29 compared to USD 0.93 a year ago.

Latest news about Medallion Financial Corp.

ZimCal Asset Management Posts Updated Materials its Website	Apr. 24	CI
Medallion Financial Solicits Proxies from Shareholders	Apr. 18	CI
ZimCal Asset Management Solicits Proxies from Shareholders of Medallion Financial	Apr. 12	CI
ZimCal Asset Management Nominates Candidates to the Board of Medallion Financial	Apr. 11	CI
Medallion Bank Teams Up with TriBeam Financial	Apr. 11	MT
ZimCal Asset Management Solicits Proxies from Shareholders of Medallion Financials	Apr. 10	CI
Transcript : Medallion Financial Corp., H2 2023 Earnings Call, Feb 21, 2024	Feb. 21
Earnings Flash (MFIN) MEDALLION FINANCIAL Posts Q4 EPS $0.60, vs. Street Est of $0.61	Feb. 20	MT
Medallion Financial Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 20	CI
Medallion Financial Corp. Declares Quarterly Dividend, Payable on March 28, 2024	Feb. 20	CI
Medallion Financial Corp. announced that it has received $12.5 million in funding	Dec. 20	CI
Tranche Update on Medallion Financial Corp.'s Equity Buyback Plan announced on May 2, 2022.	Nov. 06	CI
Transcript : Medallion Financial Corp., Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Medallion Financial Q3 Earnings, Revenue Increase	23-10-30	MT
Earnings Flash (MFIN) MEDALLION FINANCIAL Reports Q3 EPS $0.48, vs. Street Est of $0.45	23-10-30	MT
Medallion Financial Corp. Declares Quarterly Dividend, Payable on November 30, 2023	23-10-30	CI
Medallion Financial Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
Medallion Financial Corp. Completes A Private Placement of $39.0 Million Aggregate Principal Amount of Senior Unsecured Notes to Certain Institutional Investors	23-10-02	CI
Sector Update: Financial Stocks Decline Premarket Monday	23-10-02	MT
Sector Update: Financial	23-10-02	MT
Medallion Financial Completes Private Placement of $39 Million Notes	23-10-02	MT
Medallion Financial Corp. announced that it has received $39 million in funding	23-09-28	CI
B. Riley Lifts Medallion Financial's PT to $13 From $10 After 'Strong' Q2, Sees 'Tremendous' Value in 'Underappreciated' Model; Keeps Buy Rating	23-08-02	MT
Transcript : Medallion Financial Corp., Q2 2023 Earnings Call, Jul 25, 2023	23-07-25
Medallion Financial Shares Jump Premarket Tuesday After Q2 Earnings Beat Analyst Estimates	23-07-25	MT

Chart Medallion Financial Corp.

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Company Profile

Medallion Financial Corp. is a specialty finance company, which is focused on consumer finance and commercial lending businesses. The Company provides loans to individuals and small to mid-size businesses, through its subsidiaries. The Company operates through four segments: loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; loans that finance consumer home improvements; loans that finance commercial businesses; and historically, loans that finance taxi medallions. The Company's wholly owned subsidiaries include Medallion Bank (the Bank), Medallion Capital, Inc., Medallion Funding LLC, and Freshstart Venture Capital Corp. The Bank is a federal deposit insurance corporation (FDIC), which insured industrial bank that originates consumer loans, raises deposits, and conducts other banking activities. Medallion Capital, Inc. is a small business investment company (SBIC), which conducts a mezzanine financing business.

Sector

Banks

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Ratings for Medallion Financial Corp.

Trading Rating

Investor Rating

ESG Refinitiv

D+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.91 USD

Average target price

12 USD

Spread / Average Target

+51.71%

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Quarterly earnings - Rate of surprise

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