Loading...
Docoh
Log in Free sign up

Medallion Financial (MFIN)

Medallion Financial Corp. is a finance company that originates and services loans in various industries, and its wholly owned subsidiary, Medallion Bank, also originates and services consumer loans. Medallion Financial Corp. has lent more than $9 billion since its initial public offering in 1996.

Company profile

Ticker
MFIN, MBNKP
Exchange
NASDAQ
Website
www.medallionfinancial.com
CEO
Alvin Murstein
Employees
Incorporated
Delaware
Location
New York
Fiscal year end
Dec 31
Sector
Finance and Insurance > All Other Nondepository Credit Intermediation
Industry (SIC)
Finance Services
American Express • Synchrony Financial • General Motors Financial • loanDepot • SoFi • Coinbase Global • Burford Capital Limited • Qudian • LexinFintech • Velocity Financial ...
SEC CIK
0001000209
Corporate docs
Subsidiaries
Medallion Funding LLC • Medallion Capital, Inc. • Freshstart Venture Capital Corp. ...
IRS number
43291176

MFIN stock data

News

From Benzinga Pro
Medallion Financial Q2 EPS $0.54 Beats $0.30 Estimate
27 Jul 22
Medallion Financial (NASDAQ:MFIN) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.30 by 80 percent. This is a 31.71 percent increase over earnings of $0.41 per share from
Earnings Scheduled For July 27, 2022
27 Jul 22
Companies Reporting Before The Bell • Equinor (NYSE:EQNR) is projected to report earnings for its second quarter.
Earnings Outlook For Medallion Financial
26 Jul 22
Medallion Financial (NASDAQ:MFIN) is set to give its latest quarterly earnings report on Wednesday, 2022-07-27. Here's what investors need to know before the announcement. Analysts estimate that Medallion Financial will report an earnings per share (EPS) of $0.30.
Medallion Bank Announces Fintech Strategic Partnership With Covered Holdings
2 Jun 22

Press releases

From Benzinga Pro
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Medallion Financial To Contact Him Directly To Discuss Their Options
11 Aug 22
NEW YORK, NY / ACCESSWIRE / August 11, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Medallion Financial Corp. ("Medallion Financial" or the
Bragar Eagel & Squire, P.C. Is Investigating Medallion, RBB, Agrify, and Corcept and Encourages Investors to Contact the Firm
10 Aug 22
NEW YORK, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Medallion Financial Corp. (NASDAQ:MFIN), RBB
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Medallion Financial To Contact Him Directly To Discuss Their Options
7 Aug 22
NEW YORK, NY, / ACCESSWIRE / August 7, 2022 / Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Medallion Financial Corp. ("Medallion Financial" or the
Bragar Eagel & Squire, P.C. Is Investigating Energy Vault, Medallion, RBB, and Agrify and Encourages Investors to Contact the Firm
5 Aug 22
Medallion Financial Investor Alert
4 Aug 22

Calendar

8 Aug 22
13 Aug 22
31 Dec 22

Financial summary

Financial statements Chart MFIN financial data
Quarter (USD) Jun 22 Mar 22 Dec 21 Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 21 Dec 20 Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Cash burn rate (est.) Burn method: Change in cash Burn method: Operating income Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 33.8M 33.8M 33.8M 33.8M 33.8M 33.8M
Cash burn (monthly) 7.72M (no burn) (no burn) (no burn) (no burn) (no burn)
Cash used (since last report) 11.25M n/a n/a n/a n/a n/a
Cash remaining 22.55M n/a n/a n/a n/a n/a
Runway (months of cash) 2.9 n/a n/a n/a n/a n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Recent insider trades

MFIN insider ownership history Insider history
Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
1 Aug 22 Hallenbeck Cynthia A RSU Common Stock Grant Acquire A No No 0 17,038 0 27,980
1 Aug 22 Robert Meyer RSU Common Stock Grant Acquire A No No 0 17,038 0 17,728
1 Aug 22 Rudnick David L RSU Common Stock Grant Acquire A No No 0 17,038 0 33,291
1 Aug 22 Tanenbaum Allan J RSU Common Stock Grant Acquire A No No 0 17,038 0 33,291
1 Aug 22 Everets John RSU Common Stock Grant Acquire A No No 0 17,038 0 33,291
Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

MFIN institutional ownership history Ownership history
33.3% owned by funds/institutions
13F holders Current Prev Q Change
Total holders 66 53 +24.5%
Opened positions 18 8 +125.0%
Closed positions 5 6 -16.7%
Increased positions 19 16 +18.8%
Reduced positions 14 12 +16.7%
13F shares Current Prev Q Change
Total value 56.73M 43.99M +29.0%
Total shares 8.08M 8.46M -4.5%
Total puts 439.4K 149.7K +193.5%
Total calls 75.3K 113.2K -33.5%
Total put/call ratio 5.8 1.3 +341.3%
Largest owners Shares Value Change
Orr Ken 1.23M $7.99M +0.2%
KORR Value 1.12M $0 0.0%
Tieton Capital Management 968.62K $8.23M +16.0%
Vanguard 938.52K $7.98M +3.2%
Key Colony Management 754.09K $6.41M -22.3%
Gratia Capital 333.24K $2.83M +70.7%
SF Stifel Financial 316.42K $2.69M +3.6%
IVZ Invesco 224.6K $1.91M NEW
Geode Capital Management 185.45K $1.58M +22.6%
GBL Gamco Investors 175K $1.49M 0.0%
Largest transactions Shares Bought/sold Change
Wellington Management 74.13K -1.09M -93.6%
IVZ Invesco 224.6K +224.6K NEW
Key Colony Management 754.09K -217.04K -22.3%
Gratia Capital 333.24K +138K +70.7%
Tieton Capital Management 968.62K +133.7K +16.0%
Marshall Wace 84.28K +84.28K NEW
Manatuck Hill Partners 0 -66.82K EXIT
Connor, Clark & Lunn Investment Management 68.92K +40.08K +139.0%
rhino investment partners 0 -36.85K EXIT
Two Sigma Investments 36.7K +36.7K NEW
Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Content analysis

?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: accommodate, ahead, bore, certificate, chain, complex, coupon, designation, designed, experienced, factor, gas, guidance, labor, Likewise, methodology, pace, recourse, specialty, suffer, unemployment, uninsured
Removed: assumed, broad, capitalization, contraction, directed, dramatically, duration, DZ, elimination, exacerbated, exclusively, fleet, governmental, history, indirect, infusion, largely, line, marketing, member, meter, mitigate, NASCAR, Ohio, operate, outbreak, owner, people, predicted, preventative, preventive, productivity, racing, remotely, reopening, representing, retained, ridership, scope, season, spending, twelve, winning, workforce
From filing 10-Q 2022 Q2
Financial reports
View all
10-Q
2022 Q2
Quarterly report
8 Aug 22
10-Q
2022 Q1
Quarterly report
4 May 22
10-K
2021 FY
Annual report
14 Mar 22
10-Q
2021 Q3
Quarterly report
8 Nov 21
10-Q
2021 Q2
Quarterly report
9 Aug 21
10-Q
2021 Q1
Quarterly report
5 May 21
10-K
2020 FY
Annual report
15 Mar 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
9 Aug 20
10-K/A
2019 FY
Annual report (amended)
5 Jun 20
Current reports
View all
8-K/A
Entry into a Material Definitive Agreement
11 Aug 22
8-K
Medallion Financial Corp. Reports 2022 Second Quarter Results
27 Jul 22
8-K
Departure of Directors or Certain Officers
15 Jun 22
8-K
Departure of Directors or Certain Officers
7 Jun 22
8-K
Medallion Financial Announces New Increased Buyback Authorization and Changes to
2 May 22
8-K
Medallion Financial Corp. Reports 2022 First Quarter Results
2 May 22
8-K
Medallion Bank Reports 2022 First Quarter Results and Declares
29 Apr 22
8-K
Medallion Financial Corp. Reports 2021 Fourth Quarter
23 Feb 22
8-K
Medallion Bank Reports 2021 Fourth Quarter and Full-year Results and Declares Series F Preferred Stock Dividend
28 Jan 22
8-K
Regulation FD Disclosure
29 Dec 21
Registration and prospectus
View all
S-8
Registration of securities for employees
13 Jul 22
25-NSE
Exchange delisting
14 Apr 21
S-8
Registration of securities for employees
26 Jun 20
S-3
Shelf registration
7 Oct 19
S-3
Shelf registration
23 May 19
S-8
Registration of securities for employees
11 Jul 18
S-8 POS
Registration of securities for employees (post-effective amendment)
11 Jul 18
S-8
Registration of securities for employees
1 Jun 16
S-8
Registration of securities for employees
1 Jun 16
POS EX
Additional exhibits for listing
28 Apr 16
Proxies
View all
DEFA14A
Additional proxy soliciting materials
2 May 22
DEF 14A
Definitive proxy
2 May 22
DFAN14A
Additional proxy materials by non-management
1 Mar 22
DFAN14A
Additional proxy materials by non-management
28 Feb 22
DFAN14A
Additional proxy materials by non-management
3 Jan 22
DEFA14A
Additional proxy soliciting materials
29 Apr 21
DEF 14A
Definitive proxy
29 Apr 21
DEFA14A
Additional proxy soliciting materials
28 Apr 20
DEF 14A
Definitive proxy
28 Apr 20
DEFA14A
Additional proxy soliciting materials
30 Apr 19
Other
View all
EFFECT
Notice of effectiveness
6 Jun 19
CORRESP
Correspondence with SEC
2 Jun 19
UPLOAD
Letter from SEC
2 Jun 19
CORRESP
Correspondence with SEC
17 Jan 18
EFFECT
Notice of effectiveness
22 Feb 16
CORRESP
Correspondence with SEC
17 Feb 16
CORRESP
Correspondence with SEC
17 Feb 16
UPLOAD
Letter from SEC
14 Feb 15
CORRESP
Correspondence with SEC
17 Jul 14
EFFECT
Notice of effectiveness
16 Jul 14
Ownership
View all
SC 13D/A
MEDALLION FINANCIAL / Orr Ken ownership change
12 Aug 22
4
MEDALLION FINANCIAL / FREDERICK MENOWITZ ownership change
2 Aug 22
4
MEDALLION FINANCIAL / Brent O. Hatch ownership change
2 Aug 22
4
MEDALLION FINANCIAL / ALLAN J TANENBAUM ownership change
2 Aug 22
4
MEDALLION FINANCIAL / JOHN EVERETS ownership change
2 Aug 22
4
MEDALLION FINANCIAL / ROBERT MEYER ownership change
2 Aug 22
4
MEDALLION FINANCIAL / DAVID L RUDNICK ownership change
2 Aug 22
4
MEDALLION FINANCIAL / Cynthia A Hallenbeck ownership change
2 Aug 22
3
MEDALLION FINANCIAL / Brent O. Hatch ownership change
6 May 22
SC 13D/A
MEDALLION FINANCIAL / Orr Ken ownership change
3 May 22

Transcripts

View all
2022 Q2
Earnings call transcript
31 Jul 22
2021 Q3
Earnings call transcript
2 Nov 21
2021 Q2
Earnings call transcript
3 Aug 21
2021 Q1
Earnings call transcript
5 May 21
2020 Q4
Earnings call transcript
18 Feb 21
2020 Q3
Earnings call transcript
2 Nov 20
2020 Q3
Earnings call transcript
2 Nov 20
2020 Q3
Earnings call transcript
2 Nov 20
2020 Q2
Earnings call transcript
4 Aug 20
2020 Q1
Earnings call transcript
1 May 20

Reddit threads

View all