Medallion Financial Corp.

NasdaqGS:MFIN Stock Report

Market Cap: US$212.6m

Medallion Financial Management

Management criteria checks 2/4

Medallion Financial's CEO is Alvin Murstein, appointed in Feb 1996, has a tenure of 28.83 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 $16.88M. The average tenure of the management team and the board of directors is 9.8 years and 7.3 years respectively.

Key information

Alvin Murstein

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage30.5%
CEO tenure28.8yrs
CEO ownership7.9%
Management average tenure9.8yrs
Board average tenure7.3yrs

Recent management updates

Increases to CEO Compensation Might Be Put On Hold For Now at Medallion Financial Corp. (NASDAQ:MFIN)

Jun 11
Increases to CEO Compensation Might Be Put On Hold For Now at Medallion Financial Corp. (NASDAQ:MFIN)

Recent updates

Medallion Financial (NASDAQ:MFIN) Is Increasing Its Dividend To $0.11

Nov 02
Medallion Financial (NASDAQ:MFIN) Is Increasing Its Dividend To $0.11

Medallion Financial: Dividend Growth Opportunity In Preferred Shares

Apr 15

Here's Why We Think Medallion Financial (NASDAQ:MFIN) Might Deserve Your Attention Today

Feb 17
Here's Why We Think Medallion Financial (NASDAQ:MFIN) Might Deserve Your Attention Today

Medallion Financial (NASDAQ:MFIN) Is Due To Pay A Dividend Of $0.08

Jul 30
Medallion Financial (NASDAQ:MFIN) Is Due To Pay A Dividend Of $0.08

Is Now The Time To Put Medallion Financial (NASDAQ:MFIN) On Your Watchlist?

Jan 16
Is Now The Time To Put Medallion Financial (NASDAQ:MFIN) On Your Watchlist?

Medallion Financial goes ex-dividend tomorrow

Aug 11

Medallion Financial GAAP EPS of $0.54 beats by $0.32, revenue of $46.24M beats by $8.86M

Jul 27

Medallion Financial - Buy The Dip As Recent SEC Charges Increase Probability Of A Sale

Jan 05

Increases to CEO Compensation Might Be Put On Hold For Now at Medallion Financial Corp. (NASDAQ:MFIN)

Jun 11
Increases to CEO Compensation Might Be Put On Hold For Now at Medallion Financial Corp. (NASDAQ:MFIN)

Medallion Financial EPS beats by $0.09, misses on revenue

May 03

Medallion Financial Corp. (NASDAQ:MFIN) Could Be Less Than A Year Away From Profitability

Mar 23
Medallion Financial Corp. (NASDAQ:MFIN) Could Be Less Than A Year Away From Profitability

Medallion Financial raises $33.6M from private placement of notes

Dec 23

What Type Of Shareholders Own The Most Number of Medallion Financial Corp. (NASDAQ:MFIN) Shares?

Dec 22
What Type Of Shareholders Own The Most Number of Medallion Financial Corp. (NASDAQ:MFIN) Shares?

Medallion Financial EPS of -$0.97

Nov 02

Medallion Financial misses on revenue

Oct 30

CEO Compensation Analysis

How has Alvin Murstein's remuneration changed compared to Medallion Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$40m

Jun 30 2024n/an/a

US$43m

Mar 31 2024n/an/a

US$50m

Dec 31 2023US$3mUS$926k

US$55m

Sep 30 2023n/an/a

US$54m

Jun 30 2023n/an/a

US$50m

Mar 31 2023n/an/a

US$49m

Dec 31 2022US$3mUS$926k

US$44m

Sep 30 2022n/an/a

US$50m

Jun 30 2022n/an/a

US$59m

Mar 31 2022n/an/a

US$56m

Dec 31 2021US$2mUS$891k

US$54m

Sep 30 2021n/an/a

US$41m

Jun 30 2021n/an/a

US$2m

Mar 31 2021n/an/a

-US$13m

Dec 31 2020US$1mUS$891k

-US$35m

Sep 30 2020n/an/a

-US$42m

Jun 30 2020n/an/a

-US$13m

Mar 31 2020n/an/a

-US$17m

Dec 31 2019US$2mUS$891k

-US$2m

Sep 30 2019n/an/a

US$8m

Jun 30 2019n/an/a

-US$2m

Mar 31 2019n/an/a

-US$9m

Dec 31 2018US$1mUS$869k

-US$25m

Sep 30 2018n/an/a

-US$31m

Jun 30 2018n/an/a

-US$26m

Mar 31 2018n/an/a

-US$16m

Dec 31 2017US$1mUS$869k

US$278k

Compensation vs Market: Alvin's total compensation ($USD3.04M) is above average for companies of similar size in the US market ($USD1.41M).

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

NamePositionTenureCompensationOwnership
Alvin Murstein
Chairman & CEO28.8yrsUS$3.04m7.94%
$ 16.9m
Andrew Murstein
President29.9yrsUS$6.49m10.12%
$ 21.5m
Anthony Cutrone
Executive VP & CFO2.9yrsUS$1.86m0.34%
$ 713.5k
David Haley
Executive VP & CFO of Medallion Bank3.7yrsUS$1.26m0.35%
$ 751.3k
Donald Poulton
CEO & President of Medallion Bank9.6yrsUS$2.22m0.91%
$ 1.9m
Marisa Silverman
Executive VP9.8yrsno data0.34%
$ 720.2k
Thomas Munson
Executive VP & Chief Credit Officer7.7yrsno data0.24%
$ 506.1k
Steven Hannay
Executive VP & Chief Lending Officer of Medallion Bank.no datano datano data
Dean Pickerell
Acting President & Executive VP of Medallion Capital11.9yrsUS$500.20kno data
Stephen Lewis
Senior Vice President of Medallion Capital26.9yrsUS$494.52kno data

9.8yrs

Average Tenure

59yo

Average Age

Experienced Management: MFIN's management team is seasoned and experienced (9.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Alvin Murstein
Chairman & CEO29.9yrsUS$3.04m7.94%
$ 16.9m
Andrew Murstein
President27.2yrsUS$6.49m10.12%
$ 21.5m
John Everets
Independent Director7.4yrsUS$232.76k0.32%
$ 670.6k
Robert Meyer
Independent Director3.4yrsUS$246.26k0.013%
$ 28.2k
David Rudnick
Non-Independent Director28.8yrsUS$223.01k1%
$ 2.1m
Allan Tanenbaum
Independent Director7.2yrsUS$223.51k0.20%
$ 426.9k
Cynthia Hallenbeck
Independent Director4.5yrsUS$218.51k0%
$ 0
Brent Hatch
Lead Independent Director2.6yrsUS$266.01k0.015%
$ 32.9k

7.3yrs

Average Tenure

77.5yo

Average Age

Experienced Board: MFIN's board of directors are considered experienced (7.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 01:57
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Medallion Financial Corp. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew HowlettB. Riley Securities, Inc.
Giuliano Anderes BolognaBTIG
Collyn GilbertKeefe, Bruyette, & Woods