Last $9.39 USD
Change Today -0.11 / -1.16%
Volume 123.8K
TAXI On Other Exchanges
As of 8:10 PM 01/28/15 All times are local (Market data is delayed by at least 15 minutes).

medallion financial corp (TAXI) Snapshot

Previous Close
Day High
Day Low
52 Week High
02/24/14 - $14.75
52 Week Low
01/21/15 - $9.00
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

medallion financial corp (TAXI) Related Bloomberg News

View More Bloomberg News

medallion financial corp (TAXI) Related Businessweek News

View More BusinessWeek News

medallion financial corp (TAXI) Details

Medallion Financial Corp., through its subsidiaries, operates as a specialty finance company in the United States. The company is engaged in originating, acquiring, and servicing loans that finance taxicab medallions and various types of commercial businesses. It offers commercial loans to finance the purchase of the equipment and related assets necessary to open a new business, or the purchase or improvement of an existing business; asset-based loans to small businesses; and secured mezzanine loans to businesses in various industries, including manufacturing and various service providers. The company also raises deposits; originates consumer loans for the purchase of recreational vehicles, boats, motorcycles, and trailers, as well as finances small scale home improvements; and conducts other banking activities. In addition, it provides other debt, mezzanine, and equity investment capital to companies in various industries. The company was founded in 1995 and is headquartered in New York, New York.

145 Employees
Last Reported Date: 06/27/14
Founded in 1995

medallion financial corp (TAXI) Top Compensated Officers

Chairman, Chief Executive Officer, Member of ...
Total Annual Compensation: $1.3M
President, Director and Member of Executive C...
Total Annual Compensation: $2.4M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $406.7K
Chief Executive Officer of Medallion Bank and...
Total Annual Compensation: $480.0K
Executive Vice President and President of Med...
Total Annual Compensation: $467.7K
Compensation as of Fiscal Year 2013.

medallion financial corp (TAXI) Key Developments

Medallion Financial Corp. Announces the Demise of Board Member Governor Mario M. Cuomo

Medallion Financial Corp. announced that board member Governor Mario M. Cuomo has passed away on January 1, 2015 at the age of 82. Governor Cuomo joined Medallion Financial’s board of directors in 1996.

Medallion Financial Corp. Names Marc Adelson as President of Asset-Based Lending Division Medallion Business Credit

Medallion Financial Corp. announced the appointment of Marc Adelson as the president of its asset based lending division Medallion Business Credit. Adelson will report to Medallion Financial president, Andrew Murstein, and chief operating officer and chief credit officer, Brian O'Leary. Adelson brings asset based and leveraged finance experience to the position. He previously served as the CEO and president of Capital Business Credit. Gerald Grossman, former president of Medallion Business Credit, will remain with the company working side by side with Adelson, as well as continuing to provide leadership on portfolio and new business matters.

Medallion Financial Corp. Announces Distribution, Payable on November 21, 2014; Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Medallion Financial Corp. announced a distribution of $0.24 per share for the 2014 third quarter, up from $0.23 per share a year ago. This brings the total distributions paid over the last four quarters to $0.95, up 7% from $0.89 in the prior four quarters, and equates to a yield of over 8% based on the closing price of the company's stock on October 31, 2014. The current distribution will be paid on November 21, 2014 to shareholders of record on November 13, 2014. The company reported consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net interest income of $9,157,000 against $7,343,000 a year ago. Net investment income before income taxes was $5,228,000 against $4,415,000 a year ago. Net investment income after income taxes was $5,228,000 or $0.21 per basic and diluted share against $4,415,000 or $0.20 per basic and diluted share a year ago. The company’s earnings, or net increase in net assets resulting from operations were $6,694,000 or $0.27 per diluted common share compared to $6,397,000 or $0.29 per share in the 2013 third quarter, up $297,000 or 5%. For the nine months, the company reported net interest income of $24,007,000 against $18,945,000 a year ago. Net investment income before income taxes was $12,480,000 against $8,620,000 a year ago. Net investment income after income taxes was $12,480,000 or $0.50 per diluted share against $8,620,000 or $0.39 per diluted share a year ago. The company’s earnings, or net increase in net assets resulting from operations, were $20,564,000 or $0.82 per share, compared to $19,118,000 or $0.87 per share in the same 2013 period, an increase of $1,446,000 or 8%. These earnings increases primarily reflected higher net interest income.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TAXI:US $9.39 USD -0.11

TAXI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Harris & Harris Group Inc $3.07 USD +0.07
Horizon Technology Finance Corp $13.80 USD +0.01
KCAP Financial Inc $6.64 USD -0.07
MCG Capital Corp $3.78 USD -0.03
Saratoga Investment Corp $15.55 USD +0.07
View Industry Companies

Industry Analysis


Industry Average

Valuation TAXI Industry Range
Price/Earnings 8.6x
Price/Sales 5.9x
Price/Book 0.9x
Price/Cash Flow 8.8x
TEV/Sales NM Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MEDALLION FINANCIAL CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at