OverviewSuggest Edit

Medallion Financial is a closed-end, non-diversified management investment company. It is a specialty finance company engaged in originating, acquiring and servicing loans that finance taxicab medallions and various types of commercial businesses. It originates and services medallion, secured commercial, and consumer loans, and invests in both marketable and nonmarketable securities.

TypePublic
Founded1979
HQNew York, US
Websitemedallion.com

Latest Updates

Employees (est.) (Dec 2018)177(+29%)
Revenue (FY, 2018)$142.8 M(+624%)
Share Price (Nov 2020)$4.6 (+4%)
Cybersecurity ratingAMore

Key People/Management at Medallion Financial

Alvin Murstein

Alvin Murstein

Chairman of the Board & CEO
Andrew M. Murstein

Andrew M. Murstein

President & COO
Larry D. Hall

Larry D. Hall

Senior Vice President & Chief Financial Officer
Marisa T. Silverman

Marisa T. Silverman

Chief Compliance Officer, General Counsel & Secretary
Thomas Munson

Thomas Munson

Executive Vice President & Chief Credit Officer
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Medallion Financial Office Locations

Medallion Financial has offices in New York, Boston, Bothell, Burnsville and in 3 other locations
New York, US (HQ)
437 Madison Ave
Boston, US
45 Newbury St #207
Bothell, US
22232 17th Ave SE #308
Burnsville, US
3000 County Rd 42 W #301
Chicago, US
111 W Washington St #1270
Murray, US
1100 E 6600 S #510
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Medallion Financial Financials and Metrics

Medallion Financial Revenue

Medallion Financial's revenue was reported to be $142.84 m in FY, 2018 which is a 623.9% increase from the previous period.
USD

Revenue (Q3, 2020)

960.0k

Net income (Q3, 2020)

(20.0m)

Market capitalization (20-Nov-2020)

109.7m

Closing stock price (20-Nov-2020)

4.6

Cash (30-Sept-2020)

12.6m

EV

319.2m
Medallion Financial's current market capitalization is $109.7 m.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

25.5m19.7m142.8m

Revenue growth, %

(23%)624%

Cost of goods sold

12.6m13.8m87.4m

Gross profit

12.9m6.0m55.5m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

4.3m3.8m5.6m4.1m37.5m42.6m36.9m33.7m43.5m(7.0m)3.3m960.0k

Cost of goods sold

3.3m3.4m3.5m3.6m38.5m27.1m21.1m24.0m17.6m

Gross profit

918.0k391.0k2.0m542.0k(979.0k)15.5m15.8m9.7m26.0m

Gross profit Margin, %

22%10%36%13%(3%)36%43%29%60%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

21.0m12.7m57.7m17.7m

Accounts Receivable

350.5m298.5m981.5m1.1b

PP&E

267.0k235.0k1.2m

Goodwill

150.8m150.8m
Quarterly
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

23.5m278.0k(22.7m)2.0m

Depreciation and Amortization

485.0k1.0m5.6m7.5m

Accounts Payable

(8.0m)

Cash From Operating Activities

61.6m13.3m78.1m64.9m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

1.1m(3.7m)(3.1m)(14.9m)(28.8m)(32.6m)1.4m(5.2m)2.2m(13.0m)(15.3m)(35.3m)

Depreciation and Amortization

598.0k276.0k410.0k246.0k1.3m3.0m2.0m4.2m6.0m1.6m2.9m5.1m

Accounts Payable

1.2m653.0k4.9m

Cash From Operating Activities

15.7m17.3m17.4m5.3m24.6m41.5m16.1m35.4m57.2m16.8m33.4m56.6m
USDFY, 2016

Revenue/Employee

194.6k

Debt/Equity

1.2 x

Debt/Assets

0.5 x

Financial Leverage

2.4 x
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Medallion Financial Operating Metrics

Medallion Financial's Total Loans was reported to be $981.5m in FY, 2018. Medallion Financial's Assets Under Management was reported to be $1.5b in FY, 2018. Medallion Financial's Total Deposits was reported to be $848m in FY, 2018.
FY, 2016FY, 2017FY, 2018

Assets Under Management

$1.63 b$1.59 b$1.52 b

Total Deposits

$908.44 m$906.75 m$848.04 m

Total Loans

$1.02 b$928.23 m$981.49 m
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Medallion Financial Acquisitions / Subsidiaries

Company NameDateDeal Size
Freshstart Venture Capital Corp
Medallion Bank
Medallion Capital Inc
Medallion Funding LLC

Medallion Financial Revenue Breakdown

Embed Graph

Medallion Financial revenue breakdown by business segment: 29.4% from Other Income and 70.6% from Interest and Investment Income

Medallion Financial Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Medallion Financial Online and Social Media Presence

Embed Graph

Medallion Financial News and Updates

Medallion Receives US Department of Defense Related Inquiries

Defense Production Act – Light Rare-Earth Element Funding Opportunity Defense Production Act – Light Rare-Earth Element Funding Opportunity

Colorblaze coleus is a 2020 Medallion plant

The contrasting veins of Golden Dreams coleus in its chartreuse-yellow leaves make it stand out in the landscape.read more

Medallion Commences US Site Selection and Logistics Study for Rare-Earth Processing Facility

VANCOUVER, British Columbia, Jan. 08, 2020 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) (“Medallion” or the “Company”), pursuing smart production of magnet metals, has engaged international engineering group Stantec to evaluate sites in the United States…

Facebook Gaming releases Pokémon Tower Battle and Pokémon Medallion Battle as instant games

Facebook Gaming is announcing that it is releasing two new games, Pokémon Tower Battle and Pokémon Medallion Battle, on its Instant Games platform.

Workforce Opportunity Services Awarded Prestigious 2019 Platinum HIRE Vets Medallion Award

NEW YORK, Nov. 8, 2019 /PRNewswire/ -- Workforce Opportunity Services (WOS) —the leading non-profit organization connecting individuals from underserved populations with transformative career opportunities—was awarded the 2019 Platinum HIRE Vets Medallion Award. This award is the only...
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Medallion Financial Frequently Asked Questions

  • When was Medallion Financial founded?

    Medallion Financial was founded in 1979.

  • Who are Medallion Financial key executives?

    Medallion Financial's key executives are Alvin Murstein, Andrew M. Murstein and Larry D. Hall.

  • How many employees does Medallion Financial have?

    Medallion Financial has 177 employees.

  • Who are Medallion Financial competitors?

    Competitors of Medallion Financial include Barwa Bank, CCFNB Bancorp and Independent Bank.

  • Where is Medallion Financial headquarters?

    Medallion Financial headquarters is located at 437 Madison Ave, New York.

  • Where are Medallion Financial offices?

    Medallion Financial has offices in New York, Boston, Bothell, Burnsville and in 3 other locations.

  • How many offices does Medallion Financial have?

    Medallion Financial has 7 offices.