Medallion Financial Related Content

Medallion Financial Q2 Medallion Loans Lowest Since 2003

Medallion Financial said its medallion loans are at the lowest level since 2003. The company noted its medallion lending portfolio as of June 30, 2018 was $258.1 million, down 43% from $452.7 million a year earlier. read more

Medallion Financial Reports Record Full Year Results

Medallion Financial reported full year record earnings of $29.4 million and noted, on a combined basis with Medallion Bank, a net interest margin of 6.98% compared to 7.09% a year ago. read more

Challenges Mounting For Medallion Financial Entering 2016

According to a Seeking Alpha report, Medallion Financial enters into 2016 with rising headwinds as NYC taxi medallion revenues are falling at the fastest rate since Uber’s arrival. read more

Medallion Reports FY Earnings Up 55%; Margin 7.49%

Medallion Financial’s portfolio company, Medallion Bank, reported full year 2014 net income of $26.9 million, was up 55% from $17.4 million a year earlier. The company said its net interest margin of 7.49% was its highest ever. read more

Report: Drop in Medallion Values May Impact Lenders

An analysis by HVM Capital warns investors that disruption in the taxicab business caused by car-for-hire firms may cause firms such as Medallion Financial and Signature Bank to be at risk. read more

Medallion Financial Q3 Margin ‘Highest Ever’

Medallion Financial noted in its news release on Q3/14 earnings that its net interest margin was the “highest ever” for the company at 7.40% on a combined basis, up from 6.96% a year ago. read more

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