Medallion Financial Launches Series G Preferred Stock Offering

Medallion Financial ( (MFIN) ) has shared an announcement.

On May 14, 2025, Medallion Bank announced the launch of a public offering of its Series G Preferred Stock, which will trade on the Nasdaq Capital Market under the symbol ‘MBNKO’. The bank plans to use the proceeds for general corporate purposes, including potentially increasing capital levels, expanding consumer loan portfolios, or redeeming its Series F Preferred Stock, pending regulatory approval. The offering, managed by Piper Sandler & Co. and Lucid Capital Markets, LLC, is exempt from registration under the Securities Act of 1933.

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, along with loan origination services to fintech strategic partners. The bank operates through a network of dealers, contractors, and financial service providers across the United States and is a wholly owned subsidiary of Medallion Financial Corp.

Average Trading Volume: 45,499

Technical Sentiment Signal: Strong Buy

Current Market Cap: $218.1M

For an in-depth examination of MFIN stock, go to TipRanks’ Stock Analysis page.