Welcome to our dedicated page for Medallion Finacl SEC filings (Ticker: MFIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Medallion Financial Corp. uses SEC filings to document operating results, subsidiary disclosures, financing arrangements, and capital-structure events for its specialty finance business. Recent Form 8-K filings furnish quarterly and annual results, including net interest income, loan originations, credit provisions, dividends, and related financial metrics for the company and Medallion Bank.
The filing record also covers material debt transactions, including senior unsecured notes, repayment of privately placed notes, and direct financial obligation disclosures. Other reports address SBA debenture financing matters at Medallion Capital, registered common stock on the Nasdaq Global Select Market, Regulation FD disclosures, exhibits, and material agreements affecting the company’s borrowing profile and governance record.
Medallion Financial Corp. reported lower profitability for the quarter ended March 31, 2026. Net income attributable to the company was $4.95 million, down from $12.01 million a year earlier, and diluted EPS declined to $0.20 from $0.50.
Total assets were broadly stable at $2.95 billion, compared with $2.96 billion at year-end 2025, while loans held for investment rose to $2.61 billion, led by recreation and home improvement lending. Net interest income increased to $54.06 million, but this was offset by a similar level of credit loss provisioning and a sharp drop in gains on equity investments.
Credit quality metrics show nonperforming loans of $36.9 million, or 1.41% of total loans and loans held for sale, with a total allowance for credit losses of $116.70 million. The company remains strongly capitalized at the bank level, with a Tier 1 leverage ratio of 17.4% and total capital ratio of 19.0%, classified as well-capitalized by regulators.
Medallion Financial Corp. is the target of a contested proxy solicitation by BIMIZCI Fund LLC seeking to elect three independent directors at the Company’s virtual Annual Meeting on June 9, 2026. BIMIZCI reports beneficial ownership of 334,834 shares and $15 million par value of trust preferred securities and urges stockholders to vote using its BLUE universal proxy card.
The proxy statement details governance and performance criticisms, cites a Final Judgment in SEC v. Medallion (May 30, 2025) including a $3,000,000 company penalty and a $1,000,000 personal penalty for the CEO, and highlights alleged conflicts of interest around recent leadership changes. BIMIZCI proposes nominees Eric Kelly, John Kiernan and Timothy Shanahan and recommends voting "AGAINST" the Company’s incumbents and the company’s say-on-pay proposal.
Medallion Financial Corp. reported first quarter 2026 net income attributable to stockholders of $5.0 million, or $0.20 per diluted share, versus $12.0 million, or $0.50, a year earlier, when results benefited from a $9.4 million equity investment gain versus $0.3 million this quarter.
Core lending activity expanded, with net interest income up 5% to $54.1 million and loan originations up 34% to $376.9 million. The total loan portfolio, including loans held for sale, reached $2.618 billion, up 5% year over year, while net interest margin on net loans improved to 8.35%.
Recreation and home improvement lending remained the main drivers, and taxi medallion exposure declined further to $3.8 million, less than 0.2% of total assets. Net book value per share rose to $17.10, and the quarterly dividend was increased from $0.12 to $0.14 per share.
Medallion Financial Corp. reported first quarter 2026 net income attributable to stockholders of $5.0 million, or $0.20 per diluted share, versus $12.0 million, or $0.50, a year earlier, when results benefited from a $9.4 million equity investment gain versus $0.3 million this quarter.
Core lending activity expanded, with net interest income up 5% to $54.1 million and loan originations up 34% to $376.9 million. The total loan portfolio, including loans held for sale, reached $2.618 billion, up 5% year over year, while net interest margin on net loans improved to 8.35%.
Recreation and home improvement lending remained the main drivers, and taxi medallion exposure declined further to $3.8 million, less than 0.2% of total assets. Net book value per share rose to $17.10, and the quarterly dividend was increased from $0.12 to $0.14 per share.
Medallion Financial Corp. completed a private placement of $75.0 million aggregate principal amount of 8.25% senior unsecured notes due May 1, 2031 with institutional investors led by JP Morgan Investment Management Inc. The transaction closed on April 28, 2026 and was conducted under a Note Purchase Agreement.
The notes carry a fixed 8.25% annual interest rate, payable semiannually on May 1 and November 1, starting November 1, 2026, and rank pari passu with Medallion’s other unsecured, unsubordinated debt. They received an A- investment grade rating from Egan-Jones. Medallion plans to use the proceeds to support its growing consumer and commercial lending segments and for general corporate purposes.
Medallion Financial Corp. completed a private placement of $75.0 million aggregate principal amount of 8.25% senior unsecured notes due May 1, 2031 with institutional investors led by JP Morgan Investment Management Inc. The transaction closed on April 28, 2026 and was conducted under a Note Purchase Agreement.
The notes carry a fixed 8.25% annual interest rate, payable semiannually on May 1 and November 1, starting November 1, 2026, and rank pari passu with Medallion’s other unsecured, unsubordinated debt. They received an A- investment grade rating from Egan-Jones. Medallion plans to use the proceeds to support its growing consumer and commercial lending segments and for general corporate purposes.
Medallion Financial Corp. beneficial ownership filing shows Andrew M. Murstein reports beneficial ownership of 2,801,776 shares of Common Stock, representing 11.73% of the class. The position includes 348,749 shares issuable upon option exercise and 1,481,963 shares held in the Andrew Murstein Family Trust. The filing cites 23,530,083 shares outstanding as of March 9, 2026. The filing is signed on 04/06/2026.