Medallion Financial Corporation

While taxis continue to be a mainstay for Medallion Financial, the Company prides itself in the steady performance of a diversification strategy, which first took root over a decade ago. At that time, The Company created a wholly owned portfolio company, Medallion Bank, which acquired a consumer loan portfolio focusing on recreational vehicles and boats. In recent years, the Bank has added home improvement loans to its business lines. The consumer loan portfolio has grown steadily since acquisition and in 2015 we are pleased to report that the portfolio posted the highest gains of all of the business segments, a $3.1 million earnings increase to $23.5 million, accounting for 80% of all profits in 2015.

Type
Public
HQ
New York, US
Employees
143 (est)
Medallion Financial Corporation is headquartered in New York, US

Medallion Financial Corporation Locations

New York, US
Queens, US
Bothell, US
Boston, US
Burnsville, US
Murray, US
Chicago, US

Medallion Financial Corporation Metrics

Medallion Financial Corporation Summary

Market capitalization

$85.4 M

Closing share price

$3.5
Medallion Financial Corporation's latest market capitalization is $85.4 M.

Medallion Financial Corporation Market Value History

Medallion Financial Corporation Company Life

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