Declared Dividend • Aug 04
Second quarter dividend of US$0.14 announced Shareholders will receive a dividend of US$0.14. Ex-date: 17th August 2026 Payment date: 31st August 2026 Dividend yield will be 5.6%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (36% earnings payout ratio) and cash flows (9% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 7.8% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 30
Medallion Financial Corp. Declares Dividend for the Third Quarter of 2026, Payable on August 31, 2026 Medallion Financial Corp. announced that the Board of Directors declared a dividend of $0.14 per share for the third quarter of 2026, payable on August 31, 2026, to stockholders of record at the close of business on August 17, 2026. Announcement • Jul 09
Medallion Financial Corp. to Report Q2, 2026 Results on Jul 29, 2026 Medallion Financial Corp. announced that they will report Q2, 2026 results After-Market on Jul 29, 2026 Announcement • Jun 29
Medallion Financial Corp.(NasdaqGS:MFIN) dropped from Russell 2000 Dynamic Index Medallion Financial Corp.(NasdaqGS:MFIN) dropped from Russell 2000 Dynamic Index Announcement • Jun 10
ZimCal Asset Management Provides Information to Shareholders of Medallion On June 9, 2026, ZimCal Asset Management LLC called out Medallion Financial Corp.’s latest attempt at distracting from its core underperformance by using its favored tactic of personal attacks. In addition, ZimCal Asset Management stating that Company’s loans are deteriorating and it is facing serious headwinds, the Company has a history of using false, unsavory attacks on its critics to distract (referenced in the SEC Fraud Lawsuit) including accusing them of Federal Crimes, and the Company’s CEO, Andrew Murstein, Was a Co-Defendant in a Multi-Year SEC Fraud Lawsuit. Further, ZimCal stating that the Company ignored warning signs and the data 10 years ago which has led to $260 million in loan write-offs, and the Company’s board and Andrew Murstein Destroyed $363 Million In Market Capitalization, with the Stock Dropping to $1.32 revealing terrible business acumen. Furthermore, ZimCal Asset Management urged the Company shareholders to support its nominees at the annual meeting of shareholders scheduled to be held on June 9, 2026. Announcement • Jun 06
ZimCal Asset Management Issues Response to Medallion Financial’s Statement On June 5, 2026, ZimCal Asset Management LLC responded to Medallion Financial Corp.’s press release, highlighting Company’s use of alarmist headlines better suited for a small-town political campaign than a serious public company, and reveals distortions in Company’s campaign about key issues including citing a personal blogger as proof. In addition, ZimCal Asset Management highlighting concerning lack of independence among Company’s directors and embracing Andrew Murstein’s history of near-complete value destruction, federal lawsuit alleging fraud and financial improprieties, permanent federal injunctions, $1 million personal civil penalty. Further, ZimCal Asset Management urged the Company shareholders to support its nominees at the annual meeting of shareholders scheduled to be held on June 9, 2026. Furthermore, ZimCal Asset Management announced that independent proxy shareholders ISS and Glass Lewis supported its 2 board nominees. Announcement • May 27
BIMIZCI Makes Addition to Activist Website On May 27, 2026, BIMIZCI Fund LLC, together with Warnke Investments LLC, ZimCal Asset Management LLC, and Stephen Hodges (collectively, "BIMIZCI") announced that it had updated its activist website highlighting the critical need for change at Medallion Financial which can be viewed at www.restoretheshine.com. BIMIZCI added that the update compares the cumulative compensation for MFIN’s executive compensation compared to the increase in market capitalization and shows how executives continue to benefit at the expense of stockholders and it solicits proxies from shareholders to support its 3 director nominees, Eric Kelly, John Kiernan, and Timothy Shanahan, for election as Class III directors at the Company's June 9, 2026 Annual Meeting. Announcement • May 21
BIMIZCI Fund Files ISS Governance Presentation On May 20, 2026, BIMIZCI Fund LLC, together with Warnke Investments LLC, ZimCal Asset Management LLC, and Stephen Hodges, announced its ISS governance presentation, Restoring the Shine to Medallion Financial, setting out the case for change at Medallion Financial Corp ahead of the June 9, 2026, annual meeting. BIMIZCI Fund stated that it is soliciting proxies for its three independent director nominees, Eric Kelly, John Kiernan, and Timothy Shanahan, highlighting governance, compensation, and performance issues. Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 5 highly experienced directors. Lead Independent Director Brent Hatch was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 20
BIMIZCI Fund LLC Issues Press Release for Shareholders On May 20, 2026, BIMIZCI Fund LLC, together with Warnke Investments LLC, ZimCal Asset Management LLC, and Stephen Hodges (collectively, "BIMIZCI"), issued a press release announcing that it owns 500,205 shares of Medallion Financial Corp common stock and $15 million par value of the Company's trust preferred securities, and is soliciting proxies in support of its 3 independent director nominees, Eric Kelly, John Kiernan, and Timothy Shanahan, for election as Class III directors at the Company's June 9, 2026 Annual Meeting. BIMIZCI Fund added that its reasons for the solicitation, including the Company's deteriorating financial performance, executive compensation levels, board composition and tenure, the May 30, 2025 SEC Final Judgment against the Company's current Chief Executive Officer, and what BIMIZCI characterizes as entrenchment provisions in the Company's governing documents. Announcement • May 19
BIMIZCI Fund Issues a Letter to Shareholders On May 19, 2026, BIMIZCI Fund LLC, Warnke Investments LLC, ZimCal Asset Management LLC, and Stephen Hodges (collectively, “BIMIZCI”) filed a definitive proxy statement under cover of Schedule 14A on May 8, 2026 and a letter dated March 13, 2026 that was first sent or given to shareholders on or about May 18, 2026. Announcement • May 14
BIMIZCI Fund Files Definitive Proxy Statement with the Securities and Exchange Commission On May 13, 2026, BIMIZCI Fund LLC announced that it has filed a supplemental definitive material to clarify that its definitive proxy statement with the Securities and Exchange Commission on May 8, 2026, and that its definitive proxy statement will first be sent or given to shareholders on or about May 14, 2026. Announcement • May 13
BIMIZCI Funds Provides Information to the Shareholders On May 12, 2026, BIMIZCI Fund, LLC, Warnke Investments LLC, ZimCal Asset Management, LLC, and Stephen Hodges (collectively, “BIMIZCI”) has filed a definitive proxy statement with the Securities and Exchange Commission and launched a website, www.restoretheshine.com, to communicate with the stockholders of Medallion Financial Corp. in connection with the Company’s 2026 annual meeting of stockholders. Announcement • May 04
Medallion Financial Corp., Annual General Meeting, Jun 09, 2026 Medallion Financial Corp., Annual General Meeting, Jun 09, 2026. Announcement • May 02
Medallion Financial Corp. Declares Quarterly Dividend Payable on May 21, 2026 Medallion Financial Corp. announced that the board of Directors declared a quarterly dividend of $0.14 per share, payable on May 21, 2026, to stockholders of record at the close of business on May 11, 2026. Announcement • Apr 30
Medallion Financial Corp. announced that it has received $75 million in funding from J.P. Morgan Investment Management Inc. and other investors Medallion Financial Corp. announced that it has received a private placement with the principal amount of $75 million led by the new investor, J.P. Morgan Investment Management Inc. on April 28, 2026. The transaction will include participation from an institutional investor. The company has issued senior unsecured notes in the transaction. The note carries a 8.25% interest rate per annum. The note will mature on May 1, 2031. Announcement • Apr 29
Medallion Financial Corp. to Report Q1, 2026 Results on Apr 29, 2026 Medallion Financial Corp. announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2026 Announcement • Feb 19
Medallion Financial Corp. Declares Quarterly Dividend , Payable on March 31, 2026 Medallion Financial Corp. declared a quarterly dividend of $0.12 per share, payable on March 31, 2026, to stockholders of record at the close of business on March 19, 2026. Announcement • Feb 12
Medallion Financial Corp. to Report Q4, 2025 Results on Feb 18, 2026 Medallion Financial Corp. announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 Announcement • Feb 05
Medallion Bank Announces Appointment of Joel Cannon as Senior Vice President of Sales and Marketing Medallion Bank announced the appointment of Joel Cannon as Senior Vice President of Sales and Marketing. Joel brings to the Bank more than 20 years of leadership experience in consumer lending, performance marketing, and product development, having most recently served as SVP of Sales and Marketing at Regions Home Improvement Financing (formerly EnerBank USA). There he led a team of professionals across business development, account management, marketing, contractor training, and software product management, helping drive significant growth and innovation in contractor-based lending programs. Prior to his banking career, Joel held leadership roles in product, sales, and marketing at an edtech software start-up and a performance marketing firm. He is a former board member of the Utah Bankers Association and a graduate of that association’s Executive Development Program. Joel is also deeply committed to community service, serving as a long-time volunteer and board member for People Helping People—a nonprofit organization focused on reducing childhood poverty by empowering low- to moderate-income individuals, primarily single mothers, to achieve their full potential in the workplace. Announcement • Oct 30
Medallion Financial Corp. Declares Quarterly Dividend for the Fourth Quarter of 2025, Payable on November 24, 2025 The Board of Directors of Medallion Financial Corp. declared a quarterly dividend of $0.12 per share, payable on November 24, 2025, to stockholders of record at the close of business on November 12, 2025. This dividend amount remains unchanged from the $0.12 per share paid in the second and third quarters of 2025, and is 20% higher than the same quarter last year. Announcement • Oct 21
Medallion Financial Corp. to Report Q3, 2025 Results on Oct 29, 2025 Medallion Financial Corp. announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 29, 2025 Announcement • Jul 31
Medallion Financial Corp. Declares Quarterly Dividend for the Third Quarter of 2025, Payable on August 29, 2025 The Board of Directors of Medallion Financial Corp. declared a quarterly dividend of $0.12 per share, payable on August 29, 2025, to shareholders of record at the close of business on August 15, 2025. This dividend amount remains unchanged from the $0.12 per share paid in the second quarter of 2025, and 20% higher than the same quarter last year. Announcement • Jul 22
Medallion Financial Corp. to Report Q2, 2025 Results on Jul 30, 2025 Medallion Financial Corp. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Announcement • Jun 03
Medallion Financial Corp. Announces Final Judgment to Resolve SEC Litigation and Compliance Undertakings On May 30, 2025, U.S. District Court for the Southern District of New York entered a Final Judgment (the “Final Judgment”) as to Medallion Financial Corp. (the “Company”) and its President and Chief Operating Officer resolving the previously disclosed Securities and Exchange Commission (“SEC”) litigation. The parties agreed to settle the matter with the SEC, consenting to the entry of the Final Judgment, without admitting or denying the allegations of the SEC complaint. Pursuant to the Final Judgment, among other things, the parties were enjoined from violating specified provisions of the federal securities laws and rules thereunder, the Company must pay a civil penalty of $3,000,000 (which amount was previously accrued in the fourth quarter of 2024) and the Company agreed to certain compliance-related undertakings. Announcement • Apr 17
Medallion Financial Corp. to Report Q1, 2025 Results on Apr 30, 2025 Medallion Financial Corp. announced that they will report Q1, 2025 results After-Market on Apr 30, 2025 Announcement • Mar 05
Medallion Financial Corp. Declares A Quarterly Dividend, Payable on March 31, 2025 The Board of Directors of Medallion Financial Corp. declared a quarterly dividend of $0.11 per share, payable on March 31, 2025, to shareholders of record at the close of business on March 17, 2025. Announcement • Feb 27
Medallion Financial Corp. to Report Q4, 2024 Results on Mar 04, 2025 Medallion Financial Corp. announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Mar 04, 2025 Announcement • Jan 06
ZimCal Demands Medallion Financial Corp Board Protect Stakeholders in Sec Lawsuit The SEC lawsuit may finally be close to resolution as the screws are being tightened on defendants Medallion Financial Corp. (the Company or MFIN) and Andrew Murstein, MFIN’s COO & President. The defendants find themselves completely isolated with shrinking options. To prevent Murstein’s value-destroying behavior from ever being repeated company demand that MFIN’s board of directors make the following stockholder-friendly changes to restore investor confidence: Declassify the Board which would allow stockholders to vote in (or out) ALL 8 directors annually, instead of just the 2 or 3 directors per year currently. Separate the Board chairperson and CEO roles, which are both currently held by Andrew Murstein’s father. Appoint an independent director to Board chairperson. Establish a mandatory board retirement age limit of 75years old to promote board refreshment. Decrease effective family control of the board by reducing Murstein family directors or increasing the number of independent directors. Murstein family members make up 3 of 8 board members. Initiate an independent 3 party investigation into Andrew Murstein’s behavior related to the SEC lawsuit. Reduce MFIN’s bylaw change requirements to a simple majority of eligible voting stock from the current 75% of eligible voting stock, shifting greater power to independent stockholders. On September 18, 2024, Judge Lewis Kaplan, a senior judge with 30 years of service on the US District Court Southern District of New York, denied the majority of the defendants’ (namely MFIN and Andrew Murstein) motion to dismiss the SEC lawsuit against them. The lawsuit alleges Murstein inflated asset values, committed fraud, lied to auditors, and directed stock touting amongst other violations. The next phase in the lawsuit would have allowed the SEC to probe in far more detail all MFIN’s relevant communications and potentially question under oath Company management, Board members and key individuals. On December 5, the SEC announced that Larry Meyers, a co-defendant, had reached a settlement in principle, which if approved will leave the Company and Murstein facing the charges alone with Meyers potentially cooperating with the SEC. Unsurprisingly, the SEC then added that “SEC counsel has been engaged in settlement discussions with counsel for the Medallion Defendants [MFIN and Murstein], and the parties have made progress in their discussions.” On December 20, 2024 the SECannounced that “settlement agreements in principle… have been reached [with MFIN and Murstein]” with an effective deadline of February 25, 2025 for the agreement to be finalized. Declared Dividend • Nov 04
Third quarter dividend of US$0.11 announced Shareholders will receive a dividend of US$0.11. Ex-date: 15th November 2024 Payment date: 27th November 2024 Dividend yield will be 4.5%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 31% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 30
Medallion Financial Corp. Declares Quarterly Dividend, Payable on November 27, 2024 The Board of Directors of Medallion Financial Corp. declared a quarterly dividend of $0.11 per share, payable on November 27, 2024 to shareholders of record at the close of business on November 15, 2024. Announcement • Oct 16
Medallion Financial Corp. to Report Q3, 2024 Results on Oct 29, 2024 Medallion Financial Corp. announced that they will report Q3, 2024 results After-Market on Oct 29, 2024 Declared Dividend • Aug 05
Second quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 15th August 2024 Payment date: 30th August 2024 Dividend yield will be 5.2%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Lead Independent Director Brent Hatch was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 01
Medallion Financial Corp. Declares Quarterly Dividend, Payable on August 30, 2024 The board of directors of Medallion Financial Corp. declared a quarterly dividend of $0.10 per share, payable on August 30, 2024 to shareholders of record at the close of business on August 15, 2024. New Risk • Jul 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 15% Last year net profit margin: 22% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (15% net profit margin). Announcement • Jul 24
Medallion Financial Corp. to Report Q2, 2024 Results on Jul 30, 2024 Medallion Financial Corp. announced that they will report Q2, 2024 results After-Market on Jul 30, 2024 Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to €7.55, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Consumer Finance industry in Europe. Total returns to shareholders of 20% over the past three years. Announcement • Jun 26
Medallion Financial Corp. announced that it expects to receive $5 million in funding Medallion Financial Corp. announced that it has entered into a note purchase agreement for a private placement with the principal amount of $5 million on June 25, 2024. The transaction will include participation from an institutional investor. The company has issued unsecured unsubordinated senior promissory notes in the transaction. The note carries a 8.875% interest rate per annum. The note will mature on June 30, 2039. The interest payments on the notes are payable semiannually on June 30 and December 30 of each year, commencing on June 30, 2024. Announcement • May 30
ZimCal Asset Management Sends a Letter to Shareholders of Medallion Financial On May 28, 2024, ZimCal Asset Management, LLC announced that it has sent a letter to the shareholders of Medallion Financial Corp. and updated its web pages, www.restoretheshine.com. ZimCal Asset Management stated that the Company is trying to manipulate and distract shareholders by claiming that ZimCal Asset Management is not acting in shareholders’ best interests. ZimCal Asset Management argued that the Company is simply trying to gain an unfair advantage in the proxy contest rather than address the issues ZimCal Asset Management has raised. ZimCal Asset Management expressed its view that the Company has tremendous potential and that shareholders investments could be worth much, much more except the Board and management have lost credibility. ZimCal Asset Management stated that it urges shareholders to unlock value by voting for 2 new directors nominated by Stephen Hodges, ZimCal Asset Management and its affiliates to the Board of Directors of the Company using the enclosed ZimCal Asset Management’s proxy card or ZimCal Asset Management’s voting instruction form. Declared Dividend • May 06
First quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 14th May 2024 Payment date: 31st May 2024 Dividend yield will be 4.9%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (16% earnings payout ratio) and cash flows (8% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 5.5% over the next year. However, it would need to fall by 82% to increase the payout ratio to a potentially unsustainable range. Announcement • May 03
Medallion Financial Corp. Declares Quarterly Dividend, Payable on May 31, 2024 Medallion Financial Corp. announced that at its Board of Directors declared the quarterly dividend of $0.10 per share, payable on May 31, 2024 to shareholders of record at the close of business on May 15, 2024. Announcement • Apr 26
ZimCal Asset Management Posts Updated Materials its Website On April 24, 2024, ZimCal Asset Management, LLC, Stephen Hodges, BIMIZCI Fund, LLC, and Warnke Investments LLC announced that they updated pages to their website, www.restoretheshine.com. Announcement • Apr 24
Medallion Financial Corp. to Report Q1, 2024 Results on Apr 30, 2024 Medallion Financial Corp. announced that they will report Q1, 2024 results After-Market on Apr 30, 2024 Upcoming Dividend • Mar 07
Upcoming dividend of US$0.10 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 28 March 2024. Trailing yield: 4.8%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.6%). Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €7.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 7x in the Consumer Finance industry in Europe. Total returns to shareholders of 35% over the past three years. Declared Dividend • Feb 26
Fourth quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 14th March 2024 Payment date: 28th March 2024 Dividend yield will be 4.7%, which is higher than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (7% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to decline by 20% over the next 2 years. However, it would need to fall by 85% to increase the payout ratio to a potentially unsustainable range. Announcement • Feb 21
Medallion Financial Corp. Declares Quarterly Dividend, Payable on March 28, 2024 Medallion Financial Corp. declared a quarterly dividend of $0.10 per share, payable on March 28, 2024, to shareholders of record at the close of business on March 15, 2024. Announcement • Feb 08
Medallion Financial Corp. to Report Second Half, 2023 Results on Feb 20, 2024 Medallion Financial Corp. announced that they will report second half, 2023 results on Feb 20, 2024 Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to €7.80, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Consumer Finance industry in Europe. Total returns to shareholders of 220% over the past three years. Announcement • Oct 31
Medallion Financial Corp. Declares Quarterly Dividend, Payable on November 30, 2023 The board of directors of Medallion Financial Corp. increased the quarterly dividend to $0.10 per share, payable on November 30, 2023 to shareholders of record at the close of business on November 15, 2023. Announcement • Oct 24
Medallion Financial Corp. to Report Q3, 2023 Results on Oct 30, 2023 Medallion Financial Corp. announced that they will report Q3, 2023 results After-Market on Oct 30, 2023 Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €7.60, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 7x in the Consumer Finance industry in Europe. Total returns to shareholders of 190% over the past three years. Upcoming Dividend • Aug 07
Upcoming dividend of US$0.08 per share at 3.1% yield Eligible shareholders must have bought the stock before 14 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.4%). Announcement • Jul 25
Medallion Financial Corp. Declares Quarterly Cash Dividend, Payable on August 31, 2023 The Board of Directors of Medallion Financial Corp. declared a quarterly cash dividend of $0.08 per share payable on August 31, 2023 to shareholders of record at the close of business on August 15, 2023. Announcement • Jul 23
Medallion Financial Corp. to Report Q2, 2023 Results on Jul 24, 2023 Medallion Financial Corp. announced that they will report Q2, 2023 results After-Market on Jul 24, 2023 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €6.75, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Consumer Finance industry in Europe. Total returns to shareholders of 145% over the past three years. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €6.30, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 8x in the Consumer Finance industry in Europe. Total returns to shareholders of 263% over the past three years. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.08 per share at 3.7% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 31 March 2023. Trailing yield: 3.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.4%). Announcement • Feb 16
Medallion Financial Corp. to Report Q4, 2022 Results on Feb 22, 2023 Medallion Financial Corp. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 22, 2023 Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €8.35, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Consumer Finance industry in Europe. Total returns to shareholders of 42% over the past three years. Announcement • Jan 06
Medallion Financial Corp. Announces Board Resignations In accordance with the terms of the Cooperation Agreement, dated as of May 1, 2022, as amended, by and among Medallion Financial Corp., KORR Value L.P., KORR Acquisitions Group Inc., Kenneth Orr, David Orr, and Jonathan Orr, Frederick A. Menowitz resigned from the Board of Directors of Medallion Financial Corp. (the “Company”) effective December 31, 2022. Upcoming Dividend • Nov 07
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 14 November 2022. Payment date: 30 November 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (5.0%). Announcement • Oct 21
Medallion Financial Corp. to Report Q3, 2022 Results on Oct 27, 2022 Medallion Financial Corp. announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Oct 27, 2022 Upcoming Dividend • Aug 05
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 12 August 2022. Payment date: 31 August 2022. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (5.0%). Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improved over the past week After last week's 17% share price gain to €7.10, the stock trades at a trailing P/E ratio of 3x. Average forward P/E is 7x in the Consumer Finance industry in Europe. Total returns to shareholders of 81% over the past three years. Announcement • Jul 28
Medallion Financial Corp. Declares Quarterly Cash Dividend, Payable on August 31, 2022 Medallion Financial Corp. announced that the Board of Directors declared a quarterly cash dividend of $0.08 per share payable on August 31, 2022, to shareholders of record at the close of business on August 15, 2022. Announcement • Jul 23
Medallion Financial Corp. to Report Q2, 2022 Results on Jul 27, 2022 Medallion Financial Corp. announced that they will report Q2, 2022 results After-Market on Jul 27, 2022 Announcement • May 04
Medallion Financial Corp. (NasdaqGS:MFIN) announces an Equity Buyback for $35 million worth of its shares. Medallion Financial Corp. (NasdaqGS:MFIN) announces a share repurchase program. Under the program, the company will repurchase up to $35 million worth of its shares. Upcoming Dividend • Mar 04
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 11 March 2022. Payment date: 31 March 2022. Payout ratio is a comfortable 3.6% but the company is not cash flow positive. Trailing yield: 3.7%. Within top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.8%). Announcement • Mar 03
KORR Value Sends Letter to Medallion Financial On February 28, 2022, KORR Value L.P. announced that it was quoted in an article published by 13D Monitor Daily Recap. In the article, KORR Value stated that it has sent an open letter to the board of Medallion Financial Corp. reinforcing the urgent need for governance and strategic change following recent earnings. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 19% share price gain to €7.55, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Consumer Finance industry in Europe. Total returns to shareholders of 24% over the past three years. Announcement • Jan 20
KORR Value Delivers a Letter to Medallion Financial On January 19, 2022, KORR Value, L.P. announced that it has delivered a letter to Medallion Financial Corp. demanding, pursuant to Section 220 of the Delaware General Corporation Law, review and inspection of certain of the Company’s Books and Records relating to, among other things, the recent charges levied against the Company and Andrew Murstein, among others, and the complaint filed on December 29, 2021 by the Securities and Exchange Commission in the United States District Court for the Southern District of New York in connection therewith. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment deteriorated over the past week After last week's 27% share price decline to €5.35, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 9x in the Consumer Finance industry in Europe. Total returns to shareholders of 32% over the past three years. Board Change • Jul 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Cynthia Hallenbeck was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 28
Medallion Financial Corp.(NasdaqGS:MFIN) dropped from Russell Microcap Growth Index Medallion Financial Corp.(NasdaqGS:MFIN) dropped from Russell Microcap Growth Index Is New 90 Day High Low • Feb 20
New 90-day high: €5.95 The company is up 65% from its price of €3.60 on 20 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 27% over the same period. Announcement • Feb 12
Medallion Financial Corp. to Report Q4, 2020 Results on Feb 17, 2021 Medallion Financial Corp. announced that they will report Q4, 2020 results After-Market on Feb 17, 2021 Is New 90 Day High Low • Jan 28
New 90-day high: €5.65 The company is up 162% from its price of €2.16 on 30 October 2020. The German market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 29% over the same period. Announcement • Dec 24
Medallion Financial Corp. announced that it has received $33.6 million in funding Medallion Financial Corp. (NasdaqGS:MFIN) announced that it has entered into note purchase agreements with certain institutional investors for a private placement of 7.50% senior notes due 2027 for gross proceeds of $33,600,000 on December 23, 2020. The notes are issued at par, bear a fixed interest rate of 7.5% per year, payable semiannually on June 30 and December 30 of each year, commencing on June 30, 2021, and will mature on December 30, 2027. The notes are unsecured and unsubordinated obligations of the company. On or after December 23, 2022, the company may, at its option, upon notice, prepay at any time all, or from time to time any part of, the notes, at an amount equal to 100% of the principal amount so prepaid. The company shall reimburse the investors for all reasonable costs and expenses up to $50,000. The notes received an investment grade rating of A minus by Egan-Jones. The company issued securities pursuant to exemption from registration under the Securities Act of 1933, as amended. Is New 90 Day High Low • Nov 11
New 90-day high: €3.12 The company is up 14% from its price of €2.74 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 6.0% over the same period. Announcement • Oct 30
Medallion Financial Corp. to Report Q3, 2020 Results on Nov 02, 2020 Medallion Financial Corp. announced that they will report Q3, 2020 results at 9:00 AM, Eastern Standard Time on Nov 02, 2020