GlobeNewsWire · 30 Sept 2026neutral
Medallion Bank announced that it has closed a public offering of 2,200,000 additional shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, with an aggregate liquidation amount of $55 million. The offering priced on September 23, 2026, and underwriters were given a 30-day option to purchase up to an additional 330,000 shares to cover over-allotments.
Why it matters — This update matters to Medallion Financial watchers because the bank has raised new capital through the sale of preferred stock, potentially strengthening its capital position and funding base.
Zacks Investment Research · 29 Sept 2026neutral
Zacks Investment Research published an article examining whether Medallion Financial (MFIN) is an attractive value investment for investors. The piece explains that the firm's approach centers on its Zacks Rank system, which emphasizes earnings estimates and revisions, while also tracking value, growth, and momentum trends to identify strong stocks.
Why it matters — The article highlights how an influential research firm evaluates MFIN based on its earnings estimate and revision metrics, offering insight into factors that could influence investor perception of the stock.
GlobeNewsWire · 23 Sept 2026neutral
Medallion Bank announced it has priced a public offering of 2,200,000 additional shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, with a liquidation amount of $25 per share and an aggregate liquidation amount of $55 million. The offering is a reopening of the bank's original Series G issuance from May 22, 2025.
Why it matters — Medallion Financial Corp. (MFIN) watchers would care because this preferred-stock offering raises additional capital for a subsidiary bank, affecting the parent company's capital structure and financing.
GlobeNewsWire · 22 Sept 2026neutral
Medallion Bank, a wholly owned subsidiary of Medallion Financial, announced it has launched a public offering of additional shares of its Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G. The offering is a reopening of the bank's original Series G issuance from May 22, 2025, and Medallion Bank will remain a wholly owned subsidiary of Medallion Financial upon completion.
Why it matters — Because Medallion Bank is Medallion Financial's wholly owned subsidiary, this preferred-stock capital raise reflects the bank's financing activities that relate to the parent company's operations.
GlobeNewsWire · 22 Sept 2026positive
Medallion Bank announced it has entered into a strategic relationship with rFinance Credit Company, a program that will provide consumer financing for Renewal by Andersen® products nationwide. The bank, which offers consumer loans for recreational vehicles, boats, and home improvements, will expand its lending footprint through this partnership.
Why it matters — MFIN watchers would care because this strategic partnership expands Medallion Bank's consumer financing operations into a nationwide home-improvement lending program, potentially broadening its loan origination capabilities with strategic fintech partners.
