OverviewSuggest Edit

Medallion Financial Corporation is a closed-end, non-diversified management investment company. The Company is a specialty finance company, which is 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)$42 M
Share Price (Nov 2019)$6.3 (-2%)

Key People/Management at Medallion

Alvin Murstein

Alvin Murstein

Chairman of the Board & CEO, Medallion Financial Corp.
Andrew M. Murstein

Andrew M. Murstein

President, Medallion Financial Corp.
Larry D. Hall

Larry D. Hall

Senior Vice President & Chief Financial Officer, Medallion Financial Corp.
Marie Russo

Marie Russo

Senior Vice President & Secretary, Medallion Financial Corp.
Marisa T. Silverman

Marisa T. Silverman

Chief Compliance Officer & General Counsel, Medallion Financial Corp.
Thomas Munson

Thomas Munson

Executive Vice President & Chief Credit Officer, Medallion Financial Corp.
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Medallion Office Locations

Medallion 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 Financials and Metrics

Medallion Revenue

Medallion's revenue was reported to be $42.01 m in FY, 2018
USD

Revenue (Q3, 2019)

8.9m

Net income (Q3, 2019)

5.0m

Market capitalization (15-Nov-2019)

155.0m

Closing stock price (15-Nov-2019)

6.3

Cash (30-Sep-2019)

21.7m

EV

357.4m
Medallion's current market capitalization is $155 m.
Annual
USDFY, 2018

Revenue

42.0m

Operating expense total

7.5m

Depreciation and amortization

1.1m

Interest expense

28.4m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

6.9m1.7m8.9m

Operating expense total

2.2m2.1m2.1m

Depreciation and amortization

361.0k362.0k361.0k

Interest expense

7.9m8.9m7.7m8.8m9.2m
Annual
USDFY, 2018

Cash

57.7m

Accounts Receivable

981.5m

Total Assets

1.4b

Total Debt

214.0m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

143.6m53.5m35.1m21.7m

Accounts Receivable

1.1b1.1b987.3m1.0b1.1b

Goodwill

150.8m150.8m150.8m

Total Assets

1.5b1.6b1.4b1.5b1.5b
Annual
USDFY, 2018

Net Income

(22.7m)

Depreciation and Amortization

5.6m

Accounts Payable

(675.0k)

Cash From Operating Activities

78.1m
Quarterly
USDQ2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

(32.6m)1.4m(5.2m)2.2m

Depreciation and Amortization

158.0k3.0m2.0m4.2m6.0m

Accounts Payable

(675.0k)(3.4m)139.0k(1.8m)

Cash From Operating Activities

41.5m16.1m35.4m57.2m
USDY, 2019

EV/CFO

6.2 x

Debt/Equity

0.8 x

Debt/Assets

0.1 x

Financial Leverage

5.2 x
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Medallion Operating Metrics

Medallion's Assets Under Management was reported to be $1.6b in Q2, 2017.
FY, 2013FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Assets Under Management

$1.33 b$1.50 b$1.50 b$1.55 b$1.62 b$1.66 b$1.70 b$1.76 b$1.63 b$1.63 b$1.63 b$1.61 b
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Medallion Online and Social Media Presence

Embed Graph

Medallion News and Updates

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...

America's Warrior Partnership Receives HIRE Vets Medallion Award

Nonprofit recognized by federal program honoring employers for investments in recruiting, employing and retaining military veterans

Medallion Resources Closes Private Placement Total of $794,874

NOT FOR RELEASE IN THE UNITED STATES NOT FOR RELEASE IN THE UNITED STATES

Medallion Completes Proprietary Rare-Earth Flow Sheet

VANCOUVER, British Columbia, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCPK: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), pursuing smart production of magnet metals, announces it has achieved a major milestone in completing the development of its proprie…

2 of Delta's credit cards offer bonus Medallion Qualification Miles — the key to getting elite status

When you're a frequent flyer with Delta, you can earn elite "Medallion" status, entitling you to special benefits and perks like first-class upgrades and waived fees. To qualify for Medallion status, you need to earn a certain number of Medallion Qualification Miles, or MQMs, and Medallion Qualifi…

Medallion Resources Announces $798,000 Private Placement

NOT FOR RELEASE IN THE UNITED STATES
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Medallion Frequently Asked Questions

  • When was Medallion founded?

    Medallion was founded in 1979.

  • Who are Medallion key executives?

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

  • How many employees does Medallion have?

    Medallion has 177 employees.

  • What is Medallion revenue?

    Latest Medallion annual revenue is $42 m.

  • What is Medallion revenue per employee?

    Latest Medallion revenue per employee is $237.3 k.

  • Who are Medallion competitors?

    Competitors of Medallion include EFG International, Nordea Bank and Compass Diversified.

  • Where is Medallion headquarters?

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

  • Where are Medallion offices?

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

  • How many offices does Medallion have?

    Medallion has 7 offices.