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An update from Medallion Financial ( (MFIN) ) is now available.
On May 16, 2025, Medallion Bank announced the pricing of a public offering of 3,000,000 shares of its Series G Preferred Stock, with a liquidation amount of $75 million. The offering is expected to close on May 22, 2025, and the proceeds will be used for general corporate purposes, potentially increasing capital levels, growing consumer loan portfolios, or redeeming Series F Preferred Stock, pending regulatory approval. The stock will trade on the Nasdaq under the symbol ‘MBNKO’, and the underwriters have a 30-day option to purchase additional shares to cover over-allotments.
The most recent analyst rating on (MFIN) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Medallion Financial stock, see the MFIN Stock Forecast page.
Spark’s Take on MFIN Stock
According to Spark, TipRanks’ AI Analyst, MFIN is a Outperform.
Medallion Financial is well-positioned with strong revenue growth and profitability. The company’s low debt levels and effective cash management further strengthen its financial standing. The valuation remains attractive with a low P/E ratio and a healthy dividend yield. While the earnings call highlighted several positives, including increased dividends and strong loan performance, challenges such as higher credit loss provisions and operating expenses need to be monitored. Overall, MFIN presents a promising investment opportunity within the credit services industry.
To see Spark’s full report on MFIN stock, click here.
More about Medallion Financial
Medallion Bank is a Utah-chartered, FDIC-insured industrial bank headquartered in Salt Lake City. It specializes in providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, as well as offering loan origination services to fintech strategic partners. The bank operates as a wholly owned subsidiary of Medallion Financial Corp., working with numerous dealers, contractors, and financial service providers across the United States.
Average Trading Volume: 46,532
Technical Sentiment Signal: Strong Buy
Current Market Cap: $216.1M
For a thorough assessment of MFIN stock, go to TipRanks’ Stock Analysis page.