---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-315521"
form_type: "8-K"
ticker: "MFIN"
cik: "0001000209"
company_name: "MEDALLION FINANCIAL CORP"
filed_at: "2021-11-01T23:59:59+00:00"
generated_at: "2026-06-28T15:33:03.062206+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Medallion reports Q3 net income $15.9M ($0.64/sh) vs loss year ago; CFO retiring

## Summary
- Net income of $15.9M ($0.64 per share) vs net loss of $23.6M ($0.97) in prior year quarter.
- Net interest income grew 17% to $34.1M; net interest margin 9.48% vs 8.72% prior year.
- Loan originations increased 43% to $195.8M; consumer loan portfolio $1.3B, up from $1.1B a year ago.
- CFO Larry Hall retiring Dec 31, 2021; Anthony Cutrone appointed EVP and CFO effective Jan 1, 2022.
- Net charge-offs near all-time lows; 90+ day delinquencies 0.29% of loans.

## SEC filing metadata
- accession: 0001193125-21-315521
- form_type: 8-K
- ticker: MFIN
- cik: 0001000209
- company_name: MEDALLION FINANCIAL CORP
- filed_at: 2021-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000209/000119312521315521/0001193125-21-315521-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000209/000119312521315521/d218197d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-315521
- JSON: https://secwatch.observer/filing/0001193125-21-315521.json
- Plain text: https://secwatch.observer/filing/0001193125-21-315521.txt

## Key facts
- Executive change
  Larry D. Hall retired as Senior Vice President and Chief Financial Officer at MEDALLION FINANCIAL CORP.
  - Action: retired
  - Role: Senior Vice President and Chief Financial Officer
  source text: Larry D. Hall notified the Company of his intention to retire from his positions as Senior Vice President and Chief Financial Officer of the Company, effective December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000209/000119312521315521/0001193125-21-315521-index.htm
- Executive change
  Anthony N. Cutrone was appointed as Executive Vice President and Chief Financial Officer at MEDALLION FINANCIAL CORP.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: the Board of Directors of the Company appointed Anthony N. Cutrone to succeed Larry D. Hall and serve as the Executive Vice President and Chief Financial Officer of the Company, effective January 1, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1000209/000119312521315521/0001193125-21-315521-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.