Welcome to our dedicated page for Medallion Finacl SEC filings (Ticker: MFIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Medallion Financial Corp (NASDAQ: MFIN), a specialty finance company focused on consumer and commercial lending and fintech-partner loan products. Investors use these filings to examine how Medallion reports its loan portfolio, capital position, and risk profile across recreation, home improvement, commercial, taxi medallion, and strategic partnership segments.
Key documents include annual reports on Form 10-K, which describe Medallion Financial’s business model, segment information, credit risk management, and risk factors, and quarterly reports on Form 10-Q, which update loan balances, net interest income, credit loss provisions, and capital metrics. Current reports on Form 8-K disclose material events, such as the July 30, 2025 filing that furnished a press release announcing results for the quarter ended June 30, 2025.
Through these filings, investors can review details on Medallion’s consolidated balance sheet, including loans held for investment and loans held for sale, allowance for credit losses, deposits and borrowings, and stockholders’ equity. Filings also reflect the activities of Medallion Bank, the company’s Utah-chartered, FDIC-insured industrial bank subsidiary, whose financial results and preferred stock offerings are consolidated into Medallion Financial Corp’s reports.
Stock Titan enhances this information with AI-powered summaries that highlight the main points of lengthy documents, helping readers interpret complex sections of 10-Ks, 10-Qs, and 8-Ks more efficiently. Real-time updates from EDGAR ensure that new Medallion Financial filings appear promptly, while insider and ownership-related filings such as Form 4 can be monitored alongside periodic reports. This combination of official filings and AI-generated insights supports deeper analysis of MFIN’s regulatory disclosures.
Medallion Financial Corp. reported lower profitability for the quarter ended March 31, 2026. Net income attributable to the company was $4.95 million, down from $12.01 million a year earlier, and diluted EPS declined to $0.20 from $0.50.
Total assets were broadly stable at $2.95 billion, compared with $2.96 billion at year-end 2025, while loans held for investment rose to $2.61 billion, led by recreation and home improvement lending. Net interest income increased to $54.06 million, but this was offset by a similar level of credit loss provisioning and a sharp drop in gains on equity investments.
Credit quality metrics show nonperforming loans of $36.9 million, or 1.41% of total loans and loans held for sale, with a total allowance for credit losses of $116.70 million. The company remains strongly capitalized at the bank level, with a Tier 1 leverage ratio of 17.4% and total capital ratio of 19.0%, classified as well-capitalized by regulators.
Medallion Financial Corp. is the target of a contested proxy solicitation by BIMIZCI Fund LLC seeking to elect three independent directors at the Company’s virtual Annual Meeting on June 9, 2026. BIMIZCI reports beneficial ownership of 334,834 shares and $15 million par value of trust preferred securities and urges stockholders to vote using its BLUE universal proxy card.
The proxy statement details governance and performance criticisms, cites a Final Judgment in SEC v. Medallion (May 30, 2025) including a $3,000,000 company penalty and a $1,000,000 personal penalty for the CEO, and highlights alleged conflicts of interest around recent leadership changes. BIMIZCI proposes nominees Eric Kelly, John Kiernan and Timothy Shanahan and recommends voting "AGAINST" the Company’s incumbents and the company’s say-on-pay proposal.
Medallion Financial Corp. reported first quarter 2026 net income attributable to stockholders of $5.0 million, or $0.20 per diluted share, versus $12.0 million, or $0.50, a year earlier, when results benefited from a $9.4 million equity investment gain versus $0.3 million this quarter.
Core lending activity expanded, with net interest income up 5% to $54.1 million and loan originations up 34% to $376.9 million. The total loan portfolio, including loans held for sale, reached $2.618 billion, up 5% year over year, while net interest margin on net loans improved to 8.35%.
Recreation and home improvement lending remained the main drivers, and taxi medallion exposure declined further to $3.8 million, less than 0.2% of total assets. Net book value per share rose to $17.10, and the quarterly dividend was increased from $0.12 to $0.14 per share.
Medallion Financial Corp. reported first quarter 2026 net income attributable to stockholders of $5.0 million, or $0.20 per diluted share, versus $12.0 million, or $0.50, a year earlier, when results benefited from a $9.4 million equity investment gain versus $0.3 million this quarter.
Core lending activity expanded, with net interest income up 5% to $54.1 million and loan originations up 34% to $376.9 million. The total loan portfolio, including loans held for sale, reached $2.618 billion, up 5% year over year, while net interest margin on net loans improved to 8.35%.
Recreation and home improvement lending remained the main drivers, and taxi medallion exposure declined further to $3.8 million, less than 0.2% of total assets. Net book value per share rose to $17.10, and the quarterly dividend was increased from $0.12 to $0.14 per share.
Medallion Financial Corp. completed a private placement of $75.0 million aggregate principal amount of 8.25% senior unsecured notes due May 1, 2031 with institutional investors led by JP Morgan Investment Management Inc. The transaction closed on April 28, 2026 and was conducted under a Note Purchase Agreement.
The notes carry a fixed 8.25% annual interest rate, payable semiannually on May 1 and November 1, starting November 1, 2026, and rank pari passu with Medallion’s other unsecured, unsubordinated debt. They received an A- investment grade rating from Egan-Jones. Medallion plans to use the proceeds to support its growing consumer and commercial lending segments and for general corporate purposes.
Medallion Financial Corp. completed a private placement of $75.0 million aggregate principal amount of 8.25% senior unsecured notes due May 1, 2031 with institutional investors led by JP Morgan Investment Management Inc. The transaction closed on April 28, 2026 and was conducted under a Note Purchase Agreement.
The notes carry a fixed 8.25% annual interest rate, payable semiannually on May 1 and November 1, starting November 1, 2026, and rank pari passu with Medallion’s other unsecured, unsubordinated debt. They received an A- investment grade rating from Egan-Jones. Medallion plans to use the proceeds to support its growing consumer and commercial lending segments and for general corporate purposes.
Medallion Financial Corp. beneficial ownership filing shows Andrew M. Murstein reports beneficial ownership of 2,801,776 shares of Common Stock, representing 11.73% of the class. The position includes 348,749 shares issuable upon option exercise and 1,481,963 shares held in the Andrew Murstein Family Trust. The filing cites 23,530,083 shares outstanding as of March 9, 2026. The filing is signed on 04/06/2026.
Medallion Financial Corp. reports that the U.S. Small Business Administration has declared an event of default on debenture financing provided to its subsidiary Medallion Capital, Inc. These SBA debentures totaled $73.5 million, or about 3% of consolidated borrowings as of March 31, 2026.
The SBA found Medallion Capital does not yet have a qualified management team and has directed it, within 120 days, to identify and submit at least one qualified candidate to serve as a full-time principal and investment committee member. The default does not trigger cross-defaults in Medallion Financial’s other debt. If requirements are not met, the SBA may declare the debentures and accrued interest immediately due and payable or pursue other remedies. Medallion Capital is working to submit a qualified candidate and believes that, with this supplement, it will have a qualified management team.
Medallion Financial Corp. is a Delaware-based specialty finance company focused on consumer and commercial lending, with total assets of $2.96 billion as of December 31, 2025. Lending is concentrated in recreation and home improvement loans, which together represent most loans receivable and interest income.
Recreation loans totaled $1.62 billion and home improvement loans $810.2 million, with a combined loans receivable balance of $2.57 billion including commercial and taxi medallion exposures. About 25% of consumer loans are non-prime, and management highlights sensitivity to economic downturns, inflation and higher rates, which can raise delinquencies and losses.
The company funds primarily through $2.09 billion of brokered certificates of deposit and other borrowings, plus privately placed notes, SBA debentures and trust preferred securities, for total debt of $2.40 billion. Medallion Bank must remain well-capitalized, comply with Basel III capital and CRA requirements, and navigate extensive consumer, privacy, AML and SBA regulations.
MEDALLION FINANCIAL CORP executive vice president Jeffrey D. Rudnick reported a Form 4 showing 3,298 shares of common stock were withheld by the company on March 1, 2026 to cover tax obligations upon vesting of restricted stock awards. After this tax-withholding disposition, he directly owns 24,873 shares.
Medallion Financial Corp officer Samantha K. Rozovsky reported a tax-withholding disposition of 2,002 shares of common stock on March 1, 2026. The shares were withheld by the company to cover taxes due on vesting of restricted stock awards. After this transaction, she directly holds 20,500 shares.
Medallion Financial Corp executive reports tax-share withholding. On this Form 4, David Justin Haley reported a disposition of 7,819 shares of Medallion Financial common stock at $10.09 per share. The shares were withheld by the company to cover tax obligations on previously granted restricted stock that vested, leaving him with 130,512 directly owned shares.