Medallion Financial Corp. (MFIN) Stock

Medallion Financial Corp. (MFIN) is a Financials stock trading at $11.44 (as of 2026-08-20), with a market capitalization of $262.67M and a trailing P/E of 9.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Medallion Financial Corp. operates as a U.S. finance company through segments including Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending. It makes loans to finance purchases such as recreational vehicles and boats, home improvements, equipment-related needs for new or existing businesses, and taxi medallions for individuals and small to mid-size businesses.

Understand Medallion Financial Corp.: how it makes money

Medallion Financial makes loans in the United States for recreation vehicles, boats and trailers, home improvements, commercial businesses, and taxi medallions, and it earns money primarily through interest income and net interest income on those loans.

The profit engine is net interest income, which depends on the size of the loan portfolio and credit performance, especially in the recreation and home improvement loan books.

Revenue by segment (latest quarter)
Recreation$0.0B
HomeImprove$0.0B
Commercial$0.0B
Medallion$0.0B

Business quality (Mixed): Operating margin is positive (14.7%) and delinquency metrics are provided, but the business outcome is tightly linked to loan performance across its lending segments.

Valuation: At 7× earnings, MFIN trades 45% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Loan performance is measurable with specific delinquency KPIs: The company discloses recreation and home improvement delinquency rates, which helps investors track credit quality and its potential impact on interest income.
  • Profitability is positive in the latest quarter shown: Operating margin is reported at 14.7% for the quarter ended 2026-03-31.

Bear case

  • Credit risk can directly pressure net interest income: The company reports 90 days or more past due loan percentages, and higher delinquency would generally be a risk to interest earnings.
  • Segment concentration can matter because there are distinct lending categories: The business is organized by lending segments (Recreation Lending, Home Improvement Lending, Commercial Lending, and Medallion Lending), so weakness in one segment could weigh on overall results.
Valuation — source: SEC EDGAR (first-party)
Price$11.44
Market Cap$262.67M
P/E Ratio9.6
EV / EBITDA6.9
Price / Book0.52
Price / Sales0.81
DCF Value (model)$27.10
DCF Upside vs Price136.9%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$315.32M
Net Margin13.7%
Revenue Growth (YoY)8.5%
EPS Growth (YoY)18.9%
Valuation vs Sector & Industry
Stock P/E9.6
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-36.8%
vs Industry-25.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($11.02M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOAndrew Murstein
Employees174
CountryUS
IPO Date1996-05-23

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MFIN earnings history · MFIN institutional & insider holders · MFIN KPIs & operating metrics · MFIN financials · MFIN investor presentations & press releases · MFIN SEC filings · MFIN peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.