Defendants’, Medallion and Andrew Murstein, motion to dismiss was almost completely denied.Medallion stockholders continue to be exposed to substantial potential financial penalties and have funded millions in legal bills for Murstein’s defense.Facing an increasingly perilous situation, defendants have agreed to a “settlement in principle”.ZimCal demands that Medallion’s board make important governance changes to protect stakeholders.ZimCal demands Medallion’s board exercise clawback authority to boost capi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37747 MEDALLION FINANCIAL CORP. (Exact Name of Registrant as Specified in Its Charter) DELAWARE 04-3291176 (State of Incorpo ...

: :Dil FINTECH 3rd Quarter 2024 Earnings Supplement - October 29, 2024 Safe Harbor Information This presentation contains certain forward-looking statements, including statements with regard to the future performance of Medallion Financial Corp. ("MFIN" or the "Company"). Words such as "believes," "expects," "projects," "anticipates" and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on information available to us at the time o ...

Medallion Financial Corp. (NASDAQ:MFIN) Q3 2024 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Ken Cooper - IR Andrew Murstein - President & COO Anthony Cutrone - EVP & CFO Conference Call Participants Christopher Nolan - Ladenburg Thalmann Mike Grondahl - Northland Securities Matthew Howlett - B. Riley Operator Good day and welcome to the Medallion Financial Corp. Third Quarter Earnings Conference Call. All participants will be in listen only mode. [Operator Instructions] Please ...

Medallion Financial (MFIN) reported $53.32 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 0.4%. EPS of $0.37 for the same period compares to $0.48 a year ago. The reported revenue represents a surprise of +0.84% over the Zacks Consensus Estimate of $52.88 million. With the consensus EPS estimate being $0.36, the EPS surprise was +2.78%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations ...

Medallion Financial (MFIN) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.78%. A quarter ago, it was expected that this business development company would post earnings of $0.33 per share when it actually produced earnings of $0.30, delivering a surprise of -9.09%. Over the last f ...

Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2024 THIRD QUARTER RESULTS NEW YORK, NY – October 29, 2024 – Medallion Financial Corp. (NASDAQ: MFIN, "Medallion" or the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, as well as offers loan products and services through fintech strategic partners, announced today its results for the quarter ended September 30, 2024. 2024 Third Quarter Highlights • Net income was $ ...

SALT LAKE CITY, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Medallion Bank (Nasdaq: MBNKP, the "Bank"), an FDIC-insured bank specializing in consumer loans for the purchase of recreational vehicles, boats, and home improvements, as well as loan products and services offered through fintech strategic partners, today announced its results for the quarter ended September 30, 2024. The Bank is a wholly owned subsidiary of Medallion Financial Corp. (Nasdaq: MFIN). 2024 Third Quarter Highlights Net income of $15.5 million, ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Medallion Financial (MFIN) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Oct ...

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ: MFIN, the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, as well as loan products and services offered through fintech strategic partners, announced today that it will report its results for the quarter ended September 30, 2024, after the market closes on Tuesday, October 29, 2024. CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss the fi ...