NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ:MFIN, "Medallion" or the "Company"))), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today that it has completed a private placement of $17.5 million aggregate principal amount of senior unsecured notes to a certain institutional investor, by amending and restating its existing 9.00 ...

NEW YORK, June 25, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, “Medallion” or the “Company”), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today that it has completed a private placement of $17.5 million aggregate principal amount of senior unsecured notes to a certain institutional investor, by amending and restating its existing 9.00% ...

Results Indicate that Shareholders have Decisively Elected Medallion’s Director Nominees and Supported the Company’s Approach to Executive Compensation – Both by an Extremely Wide Margin Over 80% of Votes Cast in Favor of Board’s Nominees NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”) today announced the preliminary results of the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”). Based on a preliminary vote count provid ...

Results Indicate that Shareholders have Decisively Elected Medallion’s Director Nominees and Supported the Company’s Approach to Executive Compensation – Both by an Extremely Wide Margin Over 80% of Votes Cast in Favor of Board’s Nominees NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”) today announced the preliminary results of the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”). Based on a preliminary vote count provid ...

NEW YORK, June 04, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ:MFIN) ("Medallion" or the "Company") today announced that independent proxy advisory firm Glass, Lewis & Co., LLC ("Glass Lewis") has recommended that Medallion shareholders vote on the BLUE proxy card "FOR" ONLY the candidates nominated by the Board of Directors, Robert M. Meyer and David L. Rudnick and "FOR" the advisory vote on the compensation of the Company's named executive officers in connection with the Company's 2024 Annu ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ:MFIN, "Medallion" or the "Company"))), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, "Medallion" or the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, a ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ:MFIN) ("Medallion" or the "Company") today announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that Medallion shareholders vote on the BLUE proxy card "FOR" ONLY the two incumbent candidates nominated by the Board of Directors, Robert M. Meyer and David L. Rudnick and "FOR" the advisory vote on the compensation of the Company's named executive officers in connection with ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37747 MEDALLION FINANCIAL CORP. (Exact Name of Registrant as Specified in Its Charter) DELAWARE 04-3291176 (State of Incorporati ...

财务数据和关键指标变化 - 净利息收入同比增长10%至47.9百万美元,主要由于新增贷款利率上升和贷款组合增长 [17] - 净利差为8.1%,同比下降32个基点,主要由于资金成本上升100个基点,部分被新增贷款利率上升56个基点所抵消 [18][19][20] - 贷款组合规模同比增长12%至22亿美元,贷款收益率从10.78%上升至11.34% [21] 各条业务线数据和关键指标变化 - 休闲贷款业务规模达14亿美元,同比增长4%,平均利率上升38个基点至14.80% [9] - 家居装修贷款业务规模达7.52亿美元,同比增长12%,平均利率上升77个基点至9.60% [10][11] - 商业贷款业务规模增长12%至1.06亿美元,平均利率上升58个基点至13.0% [12] - 出租车贷款业务现金回收3.1百万美元,同比大幅下降,为利润贡献0.6百万美元 [13] 各个市场数据和关键指标变化 - 公司未提供各个市场的具体数据和指标变化 公司战略和发展方向及行业竞争 - 公司将通过审慎的贷款增长和利率定价来提高净利息收入 [14] - 公司将维持高信用标准,利用定价优势 [14] - 预计贷款增长将继续放缓,与2023年类似 [14] - 公司正在寻找新的战略合作伙伴,以拓展资产轻型的业务线,如与TriBeam的合作 [65][66][67][75][76] 管理层对经营环境和未来前景的评论 - 管理层对经营环境和未来前景持积极态度,认为公司有望继续保持良好的业绩表现 [8][14][41][46] 问答环节重要的提问和回答 问题1 **Christopher Nolan 提问** 询问90天以上逾期贷款情况 [27][28][29][30] **Anthony Cutrone 回答** 提供了具体的逾期贷款数据,并解释了季节性因素的影响 [28][30] 问题2 **Luke Horton 提问** 询问净利息收入季度环比下降的原因 [38][39][40][41][42] **Anthony Cutrone 回答** 解释了贷款组合增长放缓以及资金成本上升导致净利息收入下降,并表示预计未来将恢复增长 [41][46] 问题3 **Matthew Howlett 提问** 询问股票回购计划的执行情况及未来计划 [50][51][52][53][54] **Andrew Murstein 和 Anthony Cutrone 回答** 表示将根据资本需求和市场机会适时进行股票回购,并解释了当前的回购计划 [52][53][54]