Company Medallion Financial Corp.

Equities

MFIN

US5839281061

Banks

Market Closed - Nasdaq 01:30:01 03/05/2024 am IST 5-day change 1st Jan Change
7.88 USD +1.55% Intraday chart for Medallion Financial Corp. -1.75% -20.00%

Business Summary

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.

Number of employees: 169

Sales per Business

USD in Million2022Weight2023Weight Delta
Consumer Lending - Recreation
66.8 %
139 70.8 % 168 66.8 % +20.57%
Consumer Lending - Home Improvement
25.0 %
45 22.7 % 63 25.0 % +40.27%
Commercial Lending
5.1 %
9 4.8 % 13 5.1 % +36.06%
Corporate and Other Investments
2.5 %
3 1.4 % 6 2.5 % +124.02%
Taxi Medallion Lending
0.6 %
1 0.3 % 2 0.6 % +152.53%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
197 100.0 % 251 100.0 % +27.68%

Managers

Managers TitleAgeSince
Founder 59 01/95/01
Chief Executive Officer 89 20/95/20
Director of Finance/CFO 44 01/22/01
Compliance Officer 45 01/15/01
Human Resources Officer - 01/98/01
Corporate Officer/Principal 41 01/12/01

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 89 20/95/20
Founder 59 01/95/01
Director/Board Member 78 19/16/19
Director/Board Member 77 28/17/28
Director/Board Member 83 01/96/01
Director/Board Member 77 31/17/31
Director/Board Member 67 22/20/22
Director/Board Member 65 02/22/02

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 23,377,564 18,471,978 ( 79.02 %) 0 79.02 %

Shareholders

NameEquities%Valuation
2,244,743 9.559 % 18 M $
1,742,163 7.419 % 14 M $
KORR Acquisitions Group, Inc.
5.646 %
1,325,900 5.646 % 10 M $
Vanguard Global Advisers LLC
4.167 %
978,566 4.167 % 8 M $
Tieton Capital Management LLC
3.450 %
810,135 3.450 % 6 M $
Stifel, Nicolaus & Co., Inc.
1.160 %
272,397 1.160 % 2 M $
222,277 0.9465 % 2 M $
202,106 0.8606 % 2 M $
Geode Capital Management LLC
0.7724 %
181,385 0.7724 % 1 M $
Gabelli Funds LLC
0.7439 %
174,700 0.7439 % 1 M $

Company contact information

Medallion Financial Corp.

437 Madison Avenue 38th floor

10022, New York

+212 328 2100

http://www.medallion.com
address Medallion Financial Corp.(MFIN)
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