Business Context and Reporting Period
Company: Medallion Financial Corp.
Filing Type: Form 8-K (Current Report)
Date of Report: July 30, 2021
Subject: Regulation FD Disclosure regarding the quarterly results of Medallion Bank, a wholly owned subsidiary, for the quarter ended June 30, 2021.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report serves as a disclosure notice referencing a press release (Exhibit 99.1) which contains the detailed financial results for the quarter ended June 30, 2021.
Material Changes
The filing text does not contain data to compare current period performance against prior periods. Material changes, if any, are detailed in the referenced press release attached as Exhibit 99.1.
Guidance, Outlook, and Risks
Management Commentary: The Company issued a press release announcing Medallion Bank's results for the quarter ended June 30, 2021.
Legal Status of Information: The information is furnished, not filed, pursuant to Item 7.01. Consequently, it will not be incorporated by reference into any registration statement under the Securities Act of 1933 unless specifically identified therein.
Risks and Contingencies: No specific risks or contingencies are detailed in the body of this 8-K filing.
Investor Verification Checklist
- Review Exhibit 99.1 (Medallion Bank press release dated July 30, 2021) for specific financial figures.
- Verify the exact revenue, net income, and earnings per share for the quarter ended June 30, 2021.
- Check for any forward-looking statements or guidance included in the press release.
- Confirm the status of Medallion Bank's regulatory standing and asset quality metrics.