Medallion Financial Management

Management criteria checks 2/4

Medallion Financial's CEO is Alvin Murstein, appointed in Feb 1996, has a tenure of 28.75 years. total yearly compensation is $3.04M, comprised of 30.5% salary and 69.5% bonuses, including company stock and options. directly owns 7.94% of the company’s shares, worth €16.19M. The average tenure of the management team and the board of directors is 9.7 years and 7.2 years respectively.

Key information

Alvin Murstein

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage	30.5%
CEO tenure	28.8yrs
CEO ownership	7.9%
Management average tenure	9.7yrs
Board average tenure	7.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Alvin Murstein's remuneration changed compared to Medallion Financial's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$40m
Jun 30 2024	n/a	n/a	US$43m
Mar 31 2024	n/a	n/a	US$50m
Dec 31 2023	US$3m	US$926k	US$55m
Sep 30 2023	n/a	n/a	US$54m
Jun 30 2023	n/a	n/a	US$50m
Mar 31 2023	n/a	n/a	US$49m
Dec 31 2022	US$3m	US$926k	US$44m
Sep 30 2022	n/a	n/a	US$50m
Jun 30 2022	n/a	n/a	US$59m
Mar 31 2022	n/a	n/a	US$56m
Dec 31 2021	US$2m	US$891k	US$54m
Sep 30 2021	n/a	n/a	US$41m
Jun 30 2021	n/a	n/a	US$2m
Mar 31 2021	n/a	n/a	-US$13m
Dec 31 2020	US$1m	US$891k	-US$35m
Sep 30 2020	n/a	n/a	-US$42m
Jun 30 2020	n/a	n/a	-US$13m
Mar 31 2020	n/a	n/a	-US$17m
Dec 31 2019	US$2m	US$891k	-US$2m
Sep 30 2019	n/a	n/a	US$8m
Jun 30 2019	n/a	n/a	-US$2m
Mar 31 2019	n/a	n/a	-US$9m
Dec 31 2018	US$1m	US$869k	-US$25m
Sep 30 2018	n/a	n/a	-US$31m
Jun 30 2018	n/a	n/a	-US$26m
Mar 31 2018	n/a	n/a	-US$16m
Dec 31 2017	US$1m	US$869k	US$278k

Compensation vs Market: Alvin's total compensation ($USD3.04M) is above average for companies of similar size in the German market ($USD846.96K).

Compensation vs Earnings: Alvin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Alvin Murstein (89 yo)

28.8yrs

Tenure

US$3,038,040

Compensation

Mr. Alvin Murstein has been the Chairman of Medallion Financial Corp. since 1995 and has been its Chief Executive Officer since February 1996. Mr. Murstein has also been the Chairman, President and Chief E...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Alvin Murstein	Chairman & CEO	28.8yrs	US$3.04m	7.94% € 16.2m
Andrew Murstein	President	29.8yrs	US$6.49m	10.12% € 20.6m
Anthony Cutrone	Executive VP & CFO	2.8yrs	US$1.86m	0.34% € 684.4k
David Haley	Executive VP & CFO of Medallion Bank	3.6yrs	US$1.26m	0.35% € 720.7k
Donald Poulton	CEO & President of Medallion Bank	9.5yrs	US$2.22m	0.91% € 1.9m
Marisa Silverman	Executive VP	9.7yrs	no data	0.34% € 690.8k
Thomas Munson	Executive VP & Chief Credit Officer	7.6yrs	no data	0.24% € 485.5k
Steven Hannay	Executive VP & Chief Lending Officer of Medallion Bank.	no data	no data	no data
Dean Pickerell	Acting President & Executive VP of Medallion Capital	11.8yrs	US$500.20k	no data
Stephen Lewis	Senior Vice President of Medallion Capital	26.8yrs	US$494.52k	no data

9.7yrs

Average Tenure

59yo

Average Age

Experienced Management: MD5's management team is seasoned and experienced (9.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Alvin Murstein	Chairman & CEO	29.8yrs	US$3.04m	7.94% € 16.2m
Andrew Murstein	President	27.1yrs	US$6.49m	10.12% € 20.6m
John Everets	Independent Director	7.3yrs	US$232.76k	0.32% € 643.3k
Robert Meyer	Independent Director	3.3yrs	US$246.26k	0.013% € 27.0k
David Rudnick	Non-Independent Director	28.8yrs	US$223.01k	1% € 2.0m
Allan Tanenbaum	Independent Director	7.1yrs	US$223.51k	0.20% € 409.6k
Cynthia Hallenbeck	Independent Director	4.4yrs	US$218.51k	0% € 0
Brent Hatch	Lead Independent Director	2.5yrs	US$266.01k	0.015% € 31.6k

7.2yrs

Average Tenure

77.5yo

Average Age

Experienced Board: MD5's board of directors are considered experienced (7.2 years average tenure).

Medallion Financial Management

Management criteria checks 2/4

Key information

Recent management updates

Insufficient new directors

Medallion Financial Corp. Announces Board Resignations

Medallion Financial Corp. Announces Management Changes

Insufficient new directors

Recent updates

Third quarter dividend of US$0.11 announced

Medallion Financial Corp. Declares Quarterly Dividend, Payable on November 27, 2024

Medallion Financial Corp. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter dividend of US$0.10 announced

Insufficient new directors

Medallion Financial Corp. Declares Quarterly Dividend, Payable on August 30, 2024

New minor risk - Profit margin trend

Medallion Financial Corp. to Report Q2, 2024 Results on Jul 30, 2024

Investor sentiment improves as stock rises 20%

Medallion Financial Corp. announced that it expects to receive $5 million in funding

ZimCal Asset Management Issues a Press Release to Shareholders of Medallion Financial

ZimCal Asset Management Sends a Letter to Shareholders of Medallion Financial

First quarter dividend of US$0.10 announced

Medallion Financial Corp. Declares Quarterly Dividend, Payable on May 31, 2024

ZimCal Asset Management Posts Updated Materials its Website

Medallion Financial Corp. to Report Q1, 2024 Results on Apr 30, 2024

Upcoming dividend of US$0.10 per share

Investor sentiment deteriorates as stock falls 20%

Fourth quarter dividend of US$0.10 announced

Medallion Financial Corp. Declares Quarterly Dividend, Payable on March 28, 2024

Medallion Financial Corp. to Report Second Half, 2023 Results on Feb 20, 2024

Investor sentiment improves as stock rises 29%

Medallion Financial Corp. Declares Quarterly Dividend, Payable on November 30, 2023

Medallion Financial Corp. to Report Q3, 2023 Results on Oct 30, 2023

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of US$0.08 per share at 3.1% yield

Medallion Financial Corp. Declares Quarterly Cash Dividend, Payable on August 31, 2023

Medallion Financial Corp. to Report Q2, 2023 Results on Jul 24, 2023

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 16%

Upcoming dividend of US$0.08 per share at 3.7% yield

Medallion Financial Corp. to Report Q4, 2022 Results on Feb 22, 2023

Investor sentiment improves as stock rises 17%

Medallion Financial Corp. Announces Board Resignations

Upcoming dividend of US$0.08 per share

Medallion Financial Corp. to Report Q3, 2022 Results on Oct 27, 2022

Upcoming dividend of US$0.08 per share

Investor sentiment improved over the past week

Medallion Financial Corp. Declares Quarterly Cash Dividend, Payable on August 31, 2022

Medallion Financial Corp. to Report Q2, 2022 Results on Jul 27, 2022

Medallion Financial Corp. Reports Net Charge-Offs for the First Quarter Ended March 31, 2022

Medallion Financial Corp. (NasdaqGS:MFIN) announces an Equity Buyback for $35 million worth of its shares.

Medallion Financial Corp. Announces Management Changes

Upcoming dividend of US$0.08 per share

KORR Value Sends Letter to Medallion Financial

Investor sentiment improved over the past week

Medallion Financial Corp. Declares Quarterly Cash Dividend, Payable on March 31, 2022

KORR Value Delivers a Letter to Medallion Financial

Investor sentiment deteriorated over the past week

Insufficient new directors

Medallion Financial Corp.(NasdaqGS:MFIN) dropped from Russell Microcap Growth Index

New 90-day high: €5.95

Medallion Financial Corp. to Report Q4, 2020 Results on Feb 17, 2021

New 90-day high: €5.65

Medallion Financial Corp. announced that it has received $33.6 million in funding

New 90-day high: €3.12

Medallion Financial Corp. to Report Q3, 2020 Results on Nov 02, 2020

New 90-day low: €2.02

First half earnings released

Medallion Financial Corp. to Report Q2, 2020 Results on Aug 03, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age