Medallion Financial Corp. (MFIN)
NGS · Common · CUSIP 583928106
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Security Profile

Security Type
Bank Holding Company
CUSIP
583928106
Market Cap
Small Cap
Previous Symbol
TAXI (changed 5/11/2016)
Business: Medallion Financial Corp. is a commercial finance company that originates and services loans in various industries, and it's wholly-owned portfolio subsidiary, Medallion Bank, also originates and services consumer loans.
Notes: Effective April 2, 2018, The Company withdrew its previous election to be regulated as a business development company, or BDC, under the Investment Company Act of 1940, as amended, or the 1940 Act. Prior to such time, we were a closed-end, non-diversified management investment company that had elected to be treated as a BDC under the 1940 Act. As a result of this change in status, commencing with the three months ended June 30, 2018: They consolidated the results of Medallion Bank and our other subsidiaries in its financial statements, which, as an investment company, it was previously precluded from doing; and with the consolidation of Medallion Bank, given its significance to thier overall financial results, they now report as a bank holding company for accounting purposes under Article 9 and Guide 3 of Regulation S-X, but are not a bank holding company for regulatory purposes.

Company Contact

CEO
Alvin M. Murstein
CFO
Anthony N. Cutrone
Headquarters
437 Madison Avenue, 38th Floor, New York, NY 10022
Phone
212-328-2100 · Toll-Free 877-633-2554
Fax
212-328-2121
Investor Relations
Alex Arzeno · 212-328-2176 · investorrelations@medallion.com
General Email
info@medallionfinancial.com
SEC EDGAR Filings
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