-5.17%
-4.56%
-5.27%
8.10%
-11.01%
22.09%
30.06%
AI Spotlight on MFIN
Company Description
Medallion Financial Corp., together with its subsidiaries, operates as a finance company in the United States.The company operates through four segments: Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending.It provides loans that finance consumer purchases of recreational vehicles, boats, and trailers; consumer home improvements; commercial businesses; and taxi medallions to individuals, and small to mid-size businesses.
The company also offers commercial loans for purchase of equipment and related assets necessary to open a new business, or purchase or improvement of an existing business; and medallion loans.In addition, it provides debt, mezzanine, and equity investment capital to companies in various industries; and raises deposits and conducts other banking activities.Medallion Financial Corp.
was incorporated in 1995 and is headquartered in New York City, New York.
Market Data
| Last Price | 8.96 |
| Change Percentage | -5.17% |
| Open | 9.38 |
| Previous Close | 9.45 |
| Market Cap ( Millions) | 207 |
| Volume | 5652 |
| Year High | 10.5 |
| Year Low | 6.48 |
| M A 50 | 9.51 |
| M A 200 | 8.49 |
Financial Ratios
| FCF Yield | 51.65% |
| Dividend Yield | 4.58% |
| ROE | 11.38% |
| Debt / Equity | 79.71% |
| Net Debt / EBIDTA | 108.86% |
| Price To Book | 0.56 |
| Price Earnings Ratio | 5.03 |
| Price To FCF | 1.94 |
| Price To sales | 0.78 |
| EV / EBITDA | 2.43 |
News
- Jan -30 - Medallion Bank Reports 2024 Fourth Quarter and Full-Year Results and Declares Series F Preferred Stock Dividend
- Jan -06 - ZimCal Demands Medallion Financial Corp Board Protect Stakeholders in SEC Lawsuit
- Oct -30 - Medallion Financial Corp. (MFIN) Q3 2024 Earnings Call Transcript
- Oct -29 - Compared to Estimates, Medallion Financial (MFIN) Q3 Earnings: A Look at Key Metrics
- Oct -29 - Medallion Financial (MFIN) Q3 Earnings and Revenues Top Estimates
- Oct -29 - Medallion Bank Reports 2024 Third Quarter Results and Declares Series F Preferred Stock Dividend
- Oct -22 - Medallion Financial (MFIN) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
- Oct -16 - Medallion Financial Corp. to Report 2024 Third Quarter Results on Tuesday, October 29, 2024
- Sep -30 - Medallion Bank Announces Fintech Strategic Partnership With Kashable
- Aug -20 - ZimCal disturbed by Medallion Financial's second quarter results
- Aug -19 - Medallion Financial Corp. to Participate in Upcoming Investor Conference
- Jul -31 - Medallion Financial Corp. (MFIN) Q2 2024 Earnings Call Transcript
- Jul -30 - Medallion Financial (MFIN) Q2 Earnings Miss Estimates
- Jul -30 - Medallion Financial Corp. Reports 2024 Second Quarter Results
- Jul -30 - Medallion Bank Reports 2024 Second Quarter Results and Declares Series F Preferred Stock Dividend
- Jul -23 - Medallion Financial Corp. to Report 2024 Second Quarter Results on Tuesday, July 30, 2024
- Jun -25 - Medallion Financial Corp. Announces Completion of Amended and Restated Private Placement of $17.5 Million of Senior Notes
- Jun -11 - Medallion Financial Corp. Announces Preliminary Results of 2024 Annual Meeting of Shareholders
- Jun -10 - ZimCal Urges All Stockholders to Vote for Its Board Candidates Before the June 11th, 2024 Shareholder Meeting
- Jun -04 - Independent Proxy Advisor Glass Lewis Recommends Medallion Shareholders Vote “FOR” Both of the Board's Director Nominees on the BLUE Proxy Card
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Consumer Lending - Recreation
Expected Growth : 7.88 %
What the company do ?
Medallion Financial Corp.'s Consumer Lending - Recreation provides financing for recreational vehicles, such as RVs, boats, and motorcycles, offering flexible repayment terms and competitive rates.
Why we expect these perspectives ?
Strong demand for recreational vehicles, increasing consumer confidence, and low interest rates drive growth in Medallion Financial Corp.'s Consumer Lending - Recreation segment, with a 7.88% growth rate. Additionally, the rise of outdoor activities and experiential spending contribute to the segment's expansion.
Segment n°2 -> Consumer Lending - Home Improvement
Expected Growth : 8.23 %
What the company do ?
Consumer Lending - Home Improvement from Medallion Financial Corp. provides financing for home renovations and repairs, offering loans and credit products to homeowners.
Why we expect these perspectives ?
Strong demand for home improvement projects, driven by increasing homeownership rates and aging housing stock, fuels growth in Medallion Financial Corp.'s Consumer Lending - Home Improvement segment. Additionally, rising consumer confidence, low unemployment, and favorable interest rates contribute to the 8.23% growth rate.
Segment n°3 -> Commercial Lending
Expected Growth : 9.27 %
What the company do ?
Medallion Financial Corp.'s Commercial Lending provides financing solutions for businesses, offering loans and lines of credit to support growth and expansion.
Why we expect these perspectives ?
Medallion Financial Corp.'s 9.27% commercial lending growth is driven by increasing demand for taxi medallion financing, expansion into new markets, and a strong reputation for providing specialized lending solutions. Additionally, the company's ability to offer competitive interest rates and flexible repayment terms has contributed to its growth.
Segment n°4 -> Corporate and Other Investments
Expected Growth : 8.5 %
What the company do ?
Corporate and Other Investments from Medallion Financial Corp. refers to the company's investments in various assets, such as debt and equity securities, and other financial instruments.
Why we expect these perspectives ?
Medallion Financial Corp's 8.5% growth in Corporate and Other Investments is driven by increasing demand for mezzanine financing, expansion into new markets, and strategic partnerships. Additionally, the company's diversified investment portfolio and effective risk management strategies have contributed to this growth.
Segment n°5 -> Taxi Medallion Lending
Expected Growth : 5.4 %
What the company do ?
Taxi Medallion Lending from Medallion Financial Corp. provides financing for taxi medallions, allowing individuals to purchase and operate a taxi business.
Why we expect these perspectives ?
Medallion Financial Corp.'s 5.4% growth in Taxi Medallion Lending is driven by increasing demand for medallions, limited supply, and rising prices. Additionally, the company's diversified lending portfolio, strong credit quality, and favorable regulatory environment contribute to its growth. Furthermore, the growing need for financing options among taxi operators and the company's expertise in the industry also support its expansion.
Medallion Financial Corp. Products
| Product Range | What is it ? |
|---|---|
| Medallion Bank | A Utah-chartered industrial bank that originates consumer loans for the purchase of recreational vehicles, boats, and motorcycles, as well as for the financing of small businesses. |
| Medallion Signature Loans | Unsecured personal loans for individuals, often used for debt consolidation, home improvements, or unexpected expenses. |
| Medallion Home Equity Loans | Home equity loans and lines of credit for homeowners, providing access to funds for various purposes. |
| Medallion Business Loans | Term loans and lines of credit for small businesses, providing financing for various business needs. |
| Medallion Taxicab Medallion Loans | Financing for the purchase of taxicab medallions, which grant licenses to operate taxis in certain cities. |
Medallion Financial Corp.'s Porter Forces
Threat Of Substitutes
Medallion Financial Corp. operates in a niche market, providing financing for taxi medallions, which limits the availability of substitutes. However, the rise of ride-hailing services has increased competition, making it a medium threat.
Bargaining Power Of Customers
Medallion Financial Corp.'s customers, mainly taxi medallion owners, have limited bargaining power due to the specialized nature of the financing services provided.
Bargaining Power Of Suppliers
Medallion Financial Corp. has a diversified supplier base, and the company's specialized financing services reduce the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the financing industry, and the potential for new players to disrupt the market.
Intensity Of Rivalry
The intensity of rivalry in the taxi medallion financing market is moderate, with a few established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 41.52% |
| Debt Cost | 14.28% |
| Equity Weight | 58.48% |
| Equity Cost | 14.28% |
| WACC | 14.28% |
| Leverage | 71.01% |
Medallion Financial Corp. : Quality Control
Medallion Financial Corp. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| OCSL | Oaktree Specialty Lending Corporation is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior … |
| NAVI | Navient Corporation provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. It operates through … |
| RWAY | Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the … |
| AGM | Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Farm & Ranch, USDA (United States Department … |
| RM | Regional Management Corp., a diversified consumer finance company, provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Medallion Financial
A-Score
1-Year Total Return ->
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Runway Growth Finance
A-Score
1-Year Total Return ->
🥉
Regional Management
A-Score
1-Year Total Return ->
4
Farmer Mac
A-Score
1-Year Total Return ->
5
Oaktree Specialty Lending
A-Score
1-Year Total Return ->
6
