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

AUG 15, 2018 - 7:18 am

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

FEB 18, 2016 - 6:58 am

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

JAN 4, 2016 - 8:38 am

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

FEB 20, 2015 - 7:41 am

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

DEC 23, 2014 - 7:08 am

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

NOV 6, 2014 - 7:30 am