Medallion Financial (MFIN)
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Medallion Financial (MFIN) - 2024 Q1 - Earnings Call Transcript
2024-05-01 15:37
Medallion Financial Corp. (NASDAQ:MFIN) Q1 2024 Results Conference Call May 1, 2024 9:00 AM ET Ken Cooper - IR Anthony Cutrone - EVP, CFO Andrew Murstein - President, COO Christopher Nolan - Ladenburg Thalmann Luke Horton - Northland Capital Markets Matthew Howlett - Nomura Good day, and welcome to the Medallion Financial Corporation First Quarter Earnings Conference Call. [Operator Instructions] Please note that today's event is being recorded. Ken Cooper Certain statements made during the call today const ...
Medallion Financial (MFIN) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-30 22:16
Medallion Financial (MFIN) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this business development company would post earnings of $0.61 per share when it actually produced earnings of $0.60, delivering a surprise of -1.64%.Over the last four ...
Medallion Financial (MFIN) - 2024 Q1 - Quarterly Results
2024-04-30 20:13
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2024 FIRST QUARTER RESULTS NEW YORK, NY – April 30, 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, along with offering loan origination services to fintech strategic partners, announced today its results for the quarter ended March 31, 2024. 2024 First Quarter Highlights • Net income was $10.0 milli ...
Medallion Financial Corp. to Report 2024 First Quarter Results on Tuesday, April 30, 2024
Newsfilter· 2024-04-23 20:02
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Medallion Financial Corp. (NASDAQ:MFIN, "Medallion Financial" or the "Company"))), a finance company that originates and services loans in various consumer and commercial industries, along with offering loan products and services through fintech strategic partners, announced today that it will report its 2024 first quarter results for the quarter ended March 31, 2024, after the market closes on Tuesday, April 30, 2024. CONFERENCE CALL AND WEBCAST INFORMATION A co ...
Medallion Financial (MFIN) - 2023 Q4 - Annual Report
2024-03-07 21:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 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 Incorporation) ( ...
Medallion Financial (MFIN) - 2023 Q4 - Earnings Call Transcript
2024-02-21 18:18
Andrew Murstein Matthew Howlett It seems like with the slower loan growth versus '23 and then the movement up in credit, you clearly don't have as much subprime as you did several years ago. I mean could we see sort of a more normalization in that line. So it doesn't throw off the earnings and the ROE, you're already generating 70% ROE, but I'm assuming it's going to be a lot higher, we get a normalization in that provision line. It's I think it's one of the things we were concerned about. And frankly, it's ...
Medallion Financial (MFIN) - 2023 Q4 - Annual Results
2024-02-20 21:03
FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2023 FOURTH QUARTER AND FULL-YEAR RESULTS NEW YORK, NY – February 20, 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, along with offering loan origination services to fintech strategic partners, announced today its results for the quarter and full-year ended December 31, 2023. 2023 Fourth Quarter Highlights "Once ...
Medallion Financial (MFIN) - 2023 Q3 - Quarterly Report
2023-11-06 21:00
OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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, 2023 For the transition period from to Commission file number 001-37747 MEDALLION FINANCIAL CORP. (Exact Name of Registrant as Specified in Its Charter) (State of Incorporation) (IRS Employe ...
Medallion Financial (MFIN) - 2023 Q3 - Earnings Call Presentation
2023-10-31 15:38
ION 3RD QUARTER 2023 EARNINGS SUPPLEMENT October 30, 2023 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 of this presen ...
Medallion Financial (MFIN) - 2023 Q3 - Earnings Call Transcript
2023-10-31 15:38
Medallion Financial Corp. (NASDAQ:MFIN) Q3 2023 Earnings Conference Call October 31, 2023 9:00 AM ET Conference Call Participants Thank you and good morning, everyone. Welcome to Medallion Financial CorpÂ's third quarter earnings call. Joining me today are Andrew Murstein, President and Chief Operating Officer; and Anthony Cutrone, Chief Financial Officer. In the third quarter, we generated $11.2 million of net income and $0.48 of earnings per share. Year-to-date, we are at $40.8 million of net income and $ ...