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February 03, 2026 13:13 ET | Source: Concerned Stakeholder of Medallion Financial

ZimCal releases presentation on Medallion Financial that shows risks but also huge potential

Medallion Financial has huge potential. Its subsidiary, Medallion Bank is solid but is being bled dry by huge corporate expenses Investor trust is lost
August 20, 2024 15:31 ET | Source: ZimCal Asset Management LLC

ZimCal disturbed by Medallion Financial’s second quarter results

2Q24 results show worrying trends that must be addressed immediately.Core charge-offs (YoY), ROAA, ROAE and holding company cash-burn trended poorly.Quarterly earnings, ROAA and core ROAA (Ex. Taxi...