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: MFIN) announced executive promotions effective January 12, 2026: Justin Haley was promoted to President of the Bank and Travis Betenson was promoted to SVP and Chief Financial Officer. Haley, with more than 30 years of banking experience, joined the Bank in November 2011 and previously served as EVP and CFO; he led IT insourcing and completed the Bank’s first public preferred stock offering. Betenson, with over 15 years of banking leadership, joined in January 2024 and will report to Haley. Both appointments support the Bank’s executive continuity under CEO Donald Poulton.
Medallion Financial (NASDAQ: MFIN) announced management will present at two investor conferences on December 3, 2025: the Raymond James Small Cap Bank Conference in New York City and the Noble Capital Markets Emerging Growth Conference at Florida Atlantic University in Boca Raton.
The main presentation is scheduled for 10:00 A.M. ET. A webcast will be available the following day at www.nobleconference.com for 90 days. Management will be available for one-on-one investor meetings throughout the day. Investors can download the presentation PDF from Medallion’s Investor Relations page at https://www.medallion.com/investors.html.
Medallion Financial Corp (NASDAQ: MFIN) said its management team will present at the Piper Sandler Financial Services Conference on November 11, 2025 at the JW Marriott Miami Turnberry in Miami, FL.
Management will meet with investors throughout the day, and a PDF of the presentation will be available for download from the company’s Investor Relations website at https://www.medallion.com/investors.html.
Medallion Financial (NASDAQ: MFIN) reported third quarter 2025 results with net income $7.8M ($0.32/share) including a $3.5M non‑recurring charge/b); versus $8.6M a year ago. Net interest income rose 6% to $55.7M and net interest margin on net loans was 8.56%. Loan originations increased to $427.4M (includes $208.4M from strategic partnerships). Total loans were $2.559B and total assets were $2.900B. Credit loss provision was $18.6M. The company declared a quarterly dividend of $0.12 per share payable Nov 24, 2025.
Medallion Bank (Nasdaq: MBNKO) reported third quarter 2025 results with net income of $19.8 million versus $15.5 million a year earlier and net interest income of $55.9 million. The Bank recorded a total provision for credit losses of $17.2 million and annualized net charge-offs of 2.28% of average loans. Total loans were $2.3 billion and total assets were $2.6 billion at September 30, 2025. Strategic partnership originations reached a record $208 million in the quarter. The Board declared a quarterly cash dividend of $0.5625 per share on Series G preferred, payable January 2, 2026 to holders of record December 15, 2025.
Medallion Financial (NASDAQ: MFIN) announced a planned leadership transition: Andrew Murstein will become Chief Executive Officer effective January 31, 2026, while continuing as President, Chief Operating Officer and a director. Alvin Murstein will become Executive Chairman and is expected to serve in that role until his planned retirement in May 2027.
The company describes the change as a succession plan to ensure continuity and sustained strategic growth; Andrew will oversee capital allocation, risk management, and operational efficiency while leveraging technology and fintech channels. The release notes the legacy taxi medallion business is now well under 1% of assets and cites prior record earnings and assets under Andrew's leadership.
Medallion Financial (NASDAQ: MFIN) will report results for the quarter ended Sept. 30, 2025 after market close on Wednesday, Oct. 29, 2025. A live conference call to discuss 3Q25 results is scheduled for Thursday, Oct. 30, 2025 at 9:00 a.m. ET.
Dial-in for the live call is (412) 317-0504, and a live webcast will be available on the company’s investor relations website. A replay will be available through Thursday, Nov. 6, 2025 via dial-in (412) 317-6671 with passcode 10203822, and via the webcast replay on the IR site.
Medallion Financial Corp. (NASDAQ: MFIN) reported strong Q2 2025 results with net income surging 56% to $11.1 million ($0.46 per share) compared to $7.1 million ($0.30 per share) in Q2 2024. Net interest income grew 7% to $53.4 million, while loan originations increased to $375.0 million, including $168.6 million from strategic partnerships.
The company's loan portfolio reached $2.485 billion, up 4% year-over-year, with recreation lending representing 62% of total loans at $1.546 billion. The Board declared a quarterly dividend of $0.12 per share. Net book value per share improved 10% to $16.77. During Q2, MFIN repurchased 48,166 shares at an average cost of $9.44 per share.
The credit loss provision increased to $21.6 million from $18.6 million year-over-year.Medallion Bank (NASDAQ: MFIN) reported strong Q2 2025 financial results, with net income rising to $17.3 million from $15.0 million in the prior year quarter. The bank achieved net interest income of $53.9 million and maintained a robust net interest margin of 8.54%.
Key developments include a successful public offering of 3.1 million shares of Series G Preferred Stock, raising $77.5 million, and the redemption of $46 million Series F preferred securities. The bank's total loan portfolio grew 1% YoY to $2.3 billion, with recreation lending at $1.486 billion and home improvement lending at $803.5 million. Strategic partnership volumes increased 24% QoQ to $169 million.
The bank maintained strong capital positions with a Tier 1 leverage ratio of 19.3% and declared a quarterly dividend of $0.80625 per share on its Series G Preferred Stock.
Medallion Financial Corp. (NASDAQ: MFIN), a specialty finance company focused on consumer and commercial lending, has scheduled its 2025 second quarter financial results announcement for Wednesday, July 30, 2025, after market close.
The company will host a conference call to discuss the results on Thursday, July 31, 2025, at 9:00 a.m. ET. Investors can access the call via phone at (412) 317-0504 or through a live webcast. A replay will be available until August 7, 2025, using dial-in number (412) 317-6671 with passcode 10201134.