Medallion Bank

25.62

+0.0000

Volume:154.00

Turnover:3.88K

Market Cap:- -

PE:- -

High:25.62

Open:25.62

Low:25.62

Close:25.62

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Consolidated Medallion Financial Corp earnings have not yet been released. Due to lower Bank earnings, Medallion Financial may struggle to pay dividends, operating expenses and a possible SEC penalty with existing cash. Medallion Financial and Andrew Murstein face a looming SEC settlement. Despite predictable down-trending results, executives were paid record compensation in 2023. ZimCal believes that Medallion Financial Corp has huge upside with the right governance and leadership. ZimCal previously provided MFIN with versions of its “5 Steps to Improvement” plan that anticipated current risks and negative trends and urges management to take decisive, proactive action. 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