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 (NASDAQ: MFIN) is a specialty finance company that originates and services loans in various consumer and commercial industries, along with loan products and services offered through fintech strategic partners. This news page aggregates coverage of Medallion Financial’s announcements, giving context for investors and observers who follow MFIN stock and its lending activities.
Company news frequently centers on quarterly earnings results, where Medallion Financial reports net income, net interest income, loan originations, credit loss provisions, and loan portfolio composition across recreation, home improvement, commercial, taxi medallion, and strategic partnership segments. These releases also describe trends in recreation and home improvement lending, strategic partnership loan originations, and the performance of commercial and mezzanine investments.
Another recurring news theme is capital and shareholder actions. Medallion Financial issues updates on common stock dividends, stock repurchase activity under its authorized buyback program, and preferred stock offerings and redemptions at Medallion Bank, its FDIC-insured subsidiary. Leadership and governance developments, such as the appointment of Andrew Murstein as Chief Executive Officer and the transition of Alvin Murstein to Executive Chairman, are also communicated through formal news releases.
In addition, Medallion Financial regularly announces participation in investor conferences and presentations to the financial community. These items highlight opportunities for investors to hear management discuss the company’s loan portfolio, strategic partnership program, and overall specialty finance strategy. For anyone tracking MFIN news, this page provides a consolidated view of the company’s earnings updates, capital decisions, governance changes, and investor relations activities over time.
Medallion Financial Corp. (Nasdaq: MFIN) will report its 2020 third quarter results on November 2, 2020, at 7:30 a.m. Eastern Time. A conference call to discuss these results will follow at 9:00 a.m. the same day. Interested parties can join the call by dialing (877) 407-0789 or (201) 689-8562. A live webcast will also be available on the company's website. A replay of the call will be accessible until November 9, 2020. Medallion Financial has lent over $9 billion since its IPO in 1996, specializing in various loans through its subsidiary, Medallion Bank.