Medallion Bank Reports 2024 Second Quarter Results and Declares Series F Preferred Stock Dividend
MFINMedallion Financial (MFIN) GlobeNewswire News Room·2024-07-31 04:01

SALT LAKE CITY, July 30, 2024 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, the “Bank”), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, along with loan origination services to fintech strategic partners, announced today its results for the quarter ended June 30, 2024. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). 2024 Second Quarter Highlights Net income of 15.0million,comparedto15.0 million, compared to 19.3 milli ...