Medallion Financial Corp.

MFIN

US5839281061

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
7.91 ^USD	-1.37%		+1.54%	-19.70%

Apr. 24	ZimCal Asset Management Posts Updated Materials its Website	CI
Apr. 18	Medallion Financial Solicits Proxies from Shareholders	CI

Medallion Financial Corp. to Report 2023 Fourth Quarter and Full-Year Results on Tuesday, February 20, 2024

February 07, 2024 at 06:01 am EST

NEW YORK, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion Financial” or the “Company”), a finance company that originates and services loans in various consumer and commercial industries, along with offering loan products and services through fintech strategic partners, announced today that it will report its 2023 fourth quarter and full-year results for the year ended December 31, 2023, after the market closes on Tuesday, February 20, 2024.

CONFERENCE CALL AND WEBCAST INFORMATION

A conference call to discuss the financial results will be held the next morning, February 21, 2024.

How to Participate

Date: Wednesday, February 21, 2024
Time: 9:00 a.m. Eastern time
U.S. dial-in number: (833) 816-1412
International dial-in number: (412) 317-0504
Live webcast: Link to Webcast of 4Q23 and Full-Year Earnings Call

A link to the live audio webcast of the conference call will also be available at the Company’s IR website.

Replay Information

The webcast replay will be available at the Company's IR website until the next quarter’s results are announced.

The conference call replay will be available following the end of the call through Wednesday, February 28.

U.S. dial-in number: (844) 512-2921
International dial-in number: (412) 317-6671
Passcode: 1018 5725

INDIVIDUAL MEETING INFORMATION

To increase relations with institutional investors, management has dedicated time to hosting individual meetings with portfolio managers and analysts after its earnings conference call. If you are interested in scheduling a meeting with management, please contact investorrelations@medallion.com or (212) 328-2176.

About Medallion Financial Corp.

Medallion Financial Corp. (NASDAQ:MFIN) and its subsidiaries originate and service a growing portfolio of consumer loans and mezzanine loans in various industries. Key industries served include recreation (towable RVs and marine) and home improvement (replacement roofs, swimming pools, and windows). Medallion Financial Corp. is headquartered in New York City, NY, and its largest subsidiary, Medallion Bank, is headquartered in Salt Lake City, Utah. For more information, please visit www.medallion.com.

Company Contact:

Investor Relations
212-328-2176
InvestorRelations@medallion.com

Source: Medallion Financial Corp.

2024 GlobeNewswire, Inc., source Press Releases

Latest news about Medallion Financial Corp.

ZimCal Asset Management Posts Updated Materials its Website	Apr. 24	CI
Medallion Financial Solicits Proxies from Shareholders	Apr. 18	CI
ZimCal Asset Management Solicits Proxies from Shareholders of Medallion Financial	Apr. 12	CI
ZimCal Asset Management Nominates Candidates to the Board of Medallion Financial	Apr. 11	CI
Medallion Bank Teams Up with TriBeam Financial	Apr. 11	MT
ZimCal Asset Management Solicits Proxies from Shareholders of Medallion Financials	Apr. 10	CI
Transcript : Medallion Financial Corp., H2 2023 Earnings Call, Feb 21, 2024	Feb. 21
Earnings Flash (MFIN) MEDALLION FINANCIAL Posts Q4 EPS $0.60, vs. Street Est of $0.61	Feb. 20	MT
Medallion Financial Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 20	CI
Medallion Financial Corp. Declares Quarterly Dividend, Payable on March 28, 2024	Feb. 20	CI
Medallion Financial Corp. announced that it has received $12.5 million in funding	Dec. 20	CI
Tranche Update on Medallion Financial Corp.'s Equity Buyback Plan announced on May 2, 2022.	Nov. 06	CI
Transcript : Medallion Financial Corp., Q3 2023 Earnings Call, Oct 31, 2023	23-10-31
Medallion Financial Q3 Earnings, Revenue Increase	23-10-30	MT
Earnings Flash (MFIN) MEDALLION FINANCIAL Reports Q3 EPS $0.48, vs. Street Est of $0.45	23-10-30	MT
Medallion Financial Corp. Declares Quarterly Dividend, Payable on November 30, 2023	23-10-30	CI
Medallion Financial Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-30	CI
Medallion Financial Corp. Completes A Private Placement of $39.0 Million Aggregate Principal Amount of Senior Unsecured Notes to Certain Institutional Investors	23-10-02	CI
Sector Update: Financial Stocks Decline Premarket Monday	23-10-02	MT
Sector Update: Financial	23-10-02	MT
Medallion Financial Completes Private Placement of $39 Million Notes	23-10-02	MT
Medallion Financial Corp. announced that it has received $39 million in funding	23-09-28	CI
B. Riley Lifts Medallion Financial's PT to $13 From $10 After 'Strong' Q2, Sees 'Tremendous' Value in 'Underappreciated' Model; Keeps Buy Rating	23-08-02	MT
Transcript : Medallion Financial Corp., Q2 2023 Earnings Call, Jul 25, 2023	23-07-25
Medallion Financial Shares Jump Premarket Tuesday After Q2 Earnings Beat Analyst Estimates	23-07-25	MT

Chart Medallion Financial Corp.

Duration

Period

More charts

Company Profile

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.

Sector

Banks

Calendar

2024-04-29 - Q1 2024 Earnings Release

More about the company

Income Statement Evolution

More financial data

Ratings for Medallion Financial Corp.

Trading Rating

Investor Rating

ESG Refinitiv

D+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.91 USD

Average target price

12 USD

Spread / Average Target

+51.71%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Commercial Banks

	1st Jan change	Capi.
MEDALLION FINANCIAL CORP.	-19.70%	178M
AGRICULTURAL BANK OF CHINA LIMITED	+16.61%	210B
PT BANK CENTRAL ASIA TBK	+2.39%	73.14B
ANZ GROUP HOLDINGS LIMITED	+7.99%	54.82B
CRÉDIT AGRICOLE S.A.	+13.25%	47B
INDUSTRIAL BANK CO., LTD.	+1.36%	47.1B
CHINA CITIC BANK CO., LTD.	+19.29%	44.81B
JAPAN POST BANK CO., LTD.	+10.93%	36.6B
QATAR NATIONAL BANK (Q.P.S.C.)	-16.21%	35.14B
INVEST BANK	-96.60%	32.24B

Commercial Banks