8-K filing — MEDALLION FINANCIAL CORP (MBNKO)
Filed: 2026-09-24 AccNo: 0001193125-26-400319 Size: 191 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
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Medallion Bank Collaborates With rFinance Credit Company Over Origination, Administration Of Consumer Loans
Medallion Bank (NASDAQ:MBNKO, the "Bank")), an FDIC-insured bank providing consumer loans for the purchase of recreational vehicles, boats, and home improvements, as well as loan origination and captive finance
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Piper Sandler Reiterates Neutral on Medallion Financial, Raises Price Target to $12
Piper Sandler analyst Manuel Navas reiterates Medallion Financial (NASDAQ:MFIN) with a Neutral and raises the price target from $10.5 to $12.
Medallion Bank Announces Pricing of Series G Preferred Stock Offering
Medallion Bank priced a public offering of 2.2 million shares of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G, with an aggregate liquidation amount of $55 million. The offering features a 9.00% fixed dividend rate through July 1, 2030, then converts to a floating rate. The bank plans to use net proceeds for general corporate purposes, potentially including redemption of its Series E Preferred Stock. The offering is expected to close on September 30, 2026.
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