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.
Medallion Bank (Nasdaq: MBNKO), a subsidiary of Medallion Financial (Nasdaq: MFIN), announced a planned CEO transition effective mid-2026.
Donald Poulton will retire as CEO on June 30, 2026, then join the board as Risk Committee Chair, while Justin Haley, President since January 2026 and an employee since 2011, becomes CEO on July 1, 2026.
The bank highlights $2.6 billion in assets, an investment grade rating, strong capital ratios and record profitability and asset growth under Poulton, with plans to keep expanding consumer lending and fintech partnerships.
Medallion Financial (NASDAQ:MFIN) reported preliminary results of its 2026 annual meeting. Shareholders re-elected all three company director nominees and rejected the ZimCal-affiliated slate. Company nominees received about 78% of votes cast, while activist nominees received about 19%, down from roughly 22% in 2024.
According to Medallion, it has generated over $375 million in pre-tax net income over the last five years and increased its dividend by 40% in three years. Results remain preliminary pending certification and will be detailed in a Form 8-K filing.
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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.