Business
ZimCal releases presentation on Medallion Financial that shows risks but also huge potential
There are some positives but they are being drowned by the negatives in the core businessFundamentals-focused investors can see what’s actually happening and it’s frighteningTangible Book is still below its 4Q2013 peak and Price/Tangible Book Value is a terrible ~1.0x and substantially below self-selected peersStock price is still 40% down from its peak in November 2013Consumer charge-offs are at a 14-year high and loans are barely growingOur analysis shows Medallion’s “Strategic Partnership” bu
About this update from Medallion Financial Corp.
[{"type":"list","items":[{"val":[{"type":"text","content":"There are some positives but they are being drowned by the negatives in the core business","length":89,"tagName":"p"}]},{"val":[{"type":"text","content":"Fundamentals-focused investors can see what’s actually happening and it’s frightening","length":85,"tagName":"p"}]},{"val":[{"type":"text","content":"Tangible Book is still below its 4Q2013 peak and Price/Tangible Book Value is a terrible ~1.0x and substantially below self-selected peers","length":138,"tagName":"p"}]},{"val":[{"type":"text","content":"Stock price is still 40% down from its peak in November 2013","length":60,"tagName":"p"}]},{"val":[{"type":"text","content":"Consumer charge-offs are at a 14-year high and loans are barely growing","length":71,"tagName":"p"}]},{"val":[{"type":"text","content":"Our analysis shows Medallion’s “Strategic Partnership” business is LOSING MONEY","length":79,"tagName":"p"}]},{"val":[{"type":"text","content":"Management continues to get paid outrageous compensation","length":56,"tagName":"p"}]},{"val":[{"type":"text","content":"But with better leadership and a tech-first mindset, Medallion’s value could explode","length":84,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":662,"olType":false},{"type":"text","content":"MINNEAPOLIS, Feb. 03, 2026 (GLOBE NEWSWIRE) --","length":46,"tagName":"p"},{"type":"text","content":"Please see full presentation here.","length":34,"tagName":"p"},{"type":"text","content":"ZimCal Asset Management LLC (“ZimCal”, “We”, “Our”) believes Medallion Financial Corp. (“Medallion”, “MFIN”, the “Company”) is undervalued and is being held back by poor leadership.","length":181,"tagName":"p"},{"type":"text","content":"We have been invested for 5 years and have analyzed every release, SEC filing, employment contract, etc.","length":104,"tagName":"p"},{"type":"text","content":"ZimCal’s principal has invested in lenders and banks for over 15 years.","length":71,"tagName":"p"},{"type":"text","content":"Over 2025, we approached the Company and its board privately, sharing our concerns, suggestions and assistance - and we’ve been ignored. A more public approach is one of the few remaining options.","length":196,"tagName":"p"},{"type":"text","content":"We have put together a short presentation (here) that shows why we believe Medallion cannot sustainably increase its stock price and ...