Medallion Financial Corp.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $260.1M
- Price
- $11.33
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.07%
- Volume
- 72.2K
About
Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States. The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses. The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans. In addition, it provides debt, mezzanine, and equity investment capital to companies in various industries; and raises deposits and conducts other banking activities. Medallion Financial Corp. was incorporated in 1995 and is headquartered in New York City, New York.
Quick stats
Shares outstanding23.0M
Computed float16.0M
Float / shares69.7%
Key info
SectorFinancial Services
IndustryFinancial - Credit Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001000209
Websitehttps://www.medallion.com
AI Summary
AI-generated1/34
majormixedearnings
Medallion Financial Corp. Reports 2026 Second Quarter Results
Medallion reported Q2 net income of $7.4 million ($0.31 EPS), down from $11.1 million ($0.46 EPS) a year ago due to lapping equity gains, while net interest income grew 7% to $57.2 million.
The company achieved record assets exceeding $3.0 billion and drove a 63% surge in loan originations to $611.6 million, resulting in a 5% increase in book value per share to $17.62.
Capital returned to shareholders included a declared $0.14 dividend and the repurchase of 779,799 shares at an average price of $9.85 for approximately $7.7 million.
Red flags
- GAAP net income and EPS declined year-over-year
- Recreation loan delinquencies increased to 0.57% from 0.49% in the prior year
- Credit loss provision increased to $22.3 million from $21.6 million