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.)
- $271.2M
- Price
- $11.81
- % Change (Daily % change from the live per-ticker quote feed.)
- 0.00%
- Volume
- 53.5K
About
Medallion Financial Corp. (MFIN), encompassing its various subsidiaries, functions as a diversified financial services provider throughout the United States. The company's operations are distinctly segmented into Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. MFIN specializes in extending credit for consumer acquisitions of recreational vehicles, boats, and trailers, as well as for residential improvement projects. Furthermore, it offers commercial financing for business purposes, including the procurement of equipment, the establishment of new ventures, or the acquisition and enhancement of existing businesses. A notable segment involves providing loans for taxi medallions to individual operators and small to medium-sized enterprises. Beyond direct lending, Medallion Financial also allocates debt, mezzanine, and equity investment capital to companies across various industries, while additionally engaging in deposit-taking and other banking services. Established in 1995, Medallion Financial Corp. maintains its primary office 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-generated1/35
minorneutraloffering
Medallion Bank Announces Closing of Series G Preferred Stock Offering
Medallion Bank closed a public offering of 2,200,000 additional shares of its Series G Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, carrying a $25 liquidation preference per share for an aggregate of $55 million.
The offering priced on September 23, 2026, and underwriters hold a 30-day option for up to 330,000 additional shares to cover over-allotments.
Net proceeds are earmarked for general corporate purposes, potentially including redemption of some or all of the Series E preferred stock, subject to FDIC approval; Medallion Bank remains wholly owned by Medallion Financial.
Red flags
- proceeds may fund Series E preferred redemption only with FDIC approval -- regulatory conditionality
- over-allotment option adds up to 15% additional preferred supply