Company Medallion Financial Corp.

Equities

MFIN

US5839281061

Banks

Market Closed - Nasdaq 04:00:00 2024-04-22 pm EDT 5-day change 1st Jan Change
7.63 USD -2.05% Intraday chart for Medallion Financial Corp. -1.42% -22.54%

Business Summary

Medallion Financial Corp. is a specialty finance company, which is focused on consumer finance and commercial lending businesses. The Company provides loans to individuals and small to mid-size businesses, through its subsidiaries. The Company operates through four segments: loans that finance consumer purchases of recreational vehicles, boats, and other consumer recreational equipment; loans that finance consumer home improvements; loans that finance commercial businesses; and historically, loans that finance taxi medallions. The Company's wholly owned subsidiaries include Medallion Bank (the Bank), Medallion Capital, Inc., Medallion Funding LLC, and Freshstart Venture Capital Corp. The Bank is a federal deposit insurance corporation (FDIC), which insured industrial bank that originates consumer loans, raises deposits, and conducts other banking activities. Medallion Capital, Inc. is a small business investment company (SBIC), which conducts a mezzanine financing business.

Number of employees: 169

Sales per Business

USD in Million2022Weight2023Weight Delta
Consumer Lending - Recreation
66.8 %
139 70.8 % 168 66.8 % +20.57%
Consumer Lending - Home Improvement
25.0 %
45 22.7 % 63 25.0 % +40.27%
Commercial Lending
5.1 %
9 4.8 % 13 5.1 % +36.06%
Corporate and Other Investments
2.5 %
3 1.4 % 6 2.5 % +124.02%
Taxi Medallion Lending
0.6 %
1 0.3 % 2 0.6 % +152.53%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
197 100.0 % 251 100.0 % +27.68%

Managers

Managers TitleAgeSince
Founder 59 94-12-31
Chief Executive Officer 89 95-10-19
Director of Finance/CFO 44 21-12-31
Compliance Officer 45 15-02-28
Human Resources Officer - 98-08-31
Corporate Officer/Principal 41 12-09-30

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 89 95-10-19
Founder 59 94-12-31
Director/Board Member 78 16-12-18
Director/Board Member 77 17-07-27
Director/Board Member 83 96-01-31
Director/Board Member 77 17-10-30
Director/Board Member 67 20-06-21
Director/Board Member 65 22-05-01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 29,085,718 18,594,886 ( 63.93 %) 5,602,154 ( 19.26 %) 63.93 %

Shareholders

NameEquities%Valuation
2,244,743 9.559 % 18 M $
1,742,163 7.419 % 14 M $
KORR Acquisitions Group, Inc.
5.646 %
1,325,900 5.646 % 10 M $
Vanguard Global Advisers LLC
4.167 %
978,566 4.167 % 8 M $
Tieton Capital Management LLC
3.450 %
810,135 3.450 % 6 M $
Stifel, Nicolaus & Co., Inc.
1.160 %
272,397 1.160 % 2 M $
222,277 0.9465 % 2 M $
202,106 0.8606 % 2 M $
Geode Capital Management LLC
0.7724 %
181,385 0.7724 % 1 M $
Gabelli Funds LLC
0.7439 %
174,700 0.7439 % 1 M $

Company contact information

Medallion Financial Corp.

437 Madison Avenue 38th floor

10022, New York

+212 328 2100

http://www.medallion.com
address Medallion Financial Corp.(MFIN)
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