Every material Form 8-K MEDALLION FINANCIAL CORP has filed with the SEC since October 19, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Medallion Financial reported third-quarter 2026 net income attributable to stockholders of $2.4 million, or $0.10 per diluted share, down from $7.8 million, or $0.32, a year earlier. Net interest income rose 5% to $58.4 million and loan originations grew 41%, but the company said large upfront day-one loan loss provisions were a major reason earnings fell.
Net income attributable to stockholders was $2.4 million, or $0.10 per diluted share, versus $7.8 million, or $0.32, in the prior-year quarter.
Net interest income rose 5% to $58.4 million, while the provision for credit losses increased to $30.8 million from $18.6 million.
Net interest margin fell to 7.34% from 8.21%; loan originations grew 41% to $603.9 million.
On October 27, 2026, the board approved a new $40 million stock repurchase program; the quarterly dividend is $0.14 per share, payable November 19, 2026.
Medallion Financial Corp. completed its purchase of $15,000,000 in liquidation amount of trust preferred securities of Medallion Financing Trust I from BIMIZCI Fund LLC on October 21, 2026, for an aggregate price of $11,163,231.48, including accrued distributions. The deal was previously agreed on October 16, 2026, under a Purchase and Settlement Agreement that also involved ZimCal Asset Management LLC.
Liquidation amount of trust preferred securities purchased: $15,000,000
Aggregate purchase price paid: $11,163,231.48, including accrued distributions due through October 21, 2026
Agreement entered October 16, 2026 with BIMIZCI Fund LLC and ZimCal Asset Management LLC
On October 16, 2026, Medallion Financial agreed to buy $15.0 million in liquidation amount of trust preferred securities from BIMIZCI Fund LLC for $11.049 million, plus accrued distributions, or 73.66% of face value. The agreement also settles matters with BIMIZCI and ZimCal Asset Management, including a five-year standstill and a requirement that the investors dispose of their Medallion securities by December 31, 2026. The company expects to record a gain in the fourth quarter of 2026 and says the transaction is expected to be immediately accretive to common shareholders.
Purchase price is $11.049 million for $15.0 million liquidation amount, plus accrued distributions, the company said the deal is 73.66% of face value
Investor Parties agreed to standstill restrictions through October 16, 2031
Investor Parties agreed to sell all Medallion securities, including common stock, by December 31, 2026
Company expects a gain in the fourth quarter of 2026 equal to the difference between the $15.0 million carrying value and the cost; closing is expected within thirty days, subject to customary conditions
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every MEDALLION FINANCIAL CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →