Welcome to our dedicated page for Medallion Finacl news (Ticker: MFIN), a resource for investors and traders seeking the latest updates and insights on Medallion Finacl stock.
Medallion Financial Corp. reports developments for a specialty finance business that originates and services loans across consumer and commercial categories, including recreation, home improvement, commercial lending, and loan origination services for fintech strategic partners. News commonly covers quarterly earnings, net interest income, net interest margin, loan originations, credit loss provisions, portfolio growth, book value, and common-stock dividends.
Company updates also include activity at Medallion Bank, its wholly owned FDIC-insured subsidiary, which provides consumer loans for recreational vehicles, boats, and home improvements and reports its own results and preferred-stock dividends. Other recurring topics include debt financing, senior notes, balance-sheet management, and leadership changes tied to the lending platform.
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Medallion Bank, a subsidiary of Medallion Financial Corp (Nasdaq:MFIN), entered a multi-year definitive strategic partnership with fintech Together Loans.
Together Loans becomes the Bank’s fifth fintech partner. In 2025, strategic partnership loan originations reached $771.6 million, up from $203.6 million in 2024, as the Bank evaluates further partnerships.
Medallion Financial (NASDAQ: MFIN) reported Q1 2026 results: net income attributable to stockholders was $5.0M ($0.20/share), down from $12.0M ($0.50) a year ago, which included a $9.4M equity gain. Net interest income rose 5% to $54.1M. Loan originations grew 34% to $376.9M and total loans and loans held for sale were $2.618B. Credit loss provision was $22.5M. Net book value per share was $17.10. The Board increased the quarterly dividend to $0.14 per share payable May 21, 2026.
Medallion Bank (Nasdaq: MBNKO; parent Medallion Financial Corp., Nasdaq: MFIN) reported results for the quarter ended March 31, 2026. Net income was $13.0 million and net income attributable to common shareholders was $10.7 million. Recreation originations rose to $142.5 million and total loans reached $2.6 billion. The Board declared a $0.5625 quarterly dividend on Series G preferred payable July 1, 2026 to holders of record June 15, 2026.