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  • Associated Press5 months ago

    Medallion Financial posts 1Q profit

    The New York-based company said it had net income of 28 cents per share. The business development company posted revenue of $6.5 million in the period. Medallion Financial shares have increased nearly ...

  • Business Wire5 months ago

    Medallion Financial Corp. Reports 2016 First Quarter Results and Announces Ticker Symbol Changes to MFIN and MFINL

    Medallion Financial Corp. announced that earnings, or net increase in net assets resulting from operations, were $6,848,000 or $0.28 per diluted common share in the 2016 first quarter, down $220,000 from $7,068,000 or $0.29 per share in the 2015 first quarter, primarily reflecting lower net interest and noninterest income, partially offset by higher net realized/unrealized gains and lower operating ...

  • Business Wire6 months ago

    Medallion Financial Corp. Announces Exercise of Notes over-Allotment Option

    Medallion Financial Corp. , a specialty finance company that originates and services loans in various niche industries , announced today the sale of $3,625,000 aggregate principal amount of its 9.00% Notes due 2021 in respect of the Company’s previously announced offering of the Notes pursuant to an exercise of the underwriters’ option to purchase additional notes to cover over-allotments.