MFIN stock news · Medallion Financial
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Medallion Bank shared its third-quarter results for 2026, showing growth in lending and new loan sales.
Good for MFINMedallion Financial's bank subsidiary reported growth in recreation and home-improvement lending, broader deposit funding, and a gain on loan sales. These signs support a positive reading, despite expected seasonal pressure on fourth-quarter originations.
Medallion Financial Corp has agreed to buy back $15 million in securities for about $11 million.
Good for MFINMFIN agreed to buy back $15 million in trust preferred securities for about $11 million, plus unpaid distributions. The discount and investors’ planned exit favor MFIN if the deal closes.