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02/19/25

Press Release: “Is mediocrity good enough?” ZimCal asks Medallion Financial stockholders after 4Q24 bank earnings

ZimCal comments on downward trends in Medallion Bank earnings while noting that Medallion Financial Corp and Medallion Bank have tremendous potential. ZimCal has provided a blueprint for a way forward through its 5 Steps to Improvement white paper. ZimCal’s long-term view remains overwhelmingly positive if MFIN has the right governance and leadership team in place.

Full Press Release: “Is mediocrity good enough?” ZimCal asks Medallion Financial stockholders(full analysis)Final Judgement: SEC v. Medallion Financial Corp and Andrew Murstein