MEDALLION FINANCIAL CORP. (NASDAQ:MFIN) Files An 8-K Results of Operations and Financial Condition

ITEM2.02.

Medallion Financial Corp. (the Company) issued a press release to
the news media announcing, among other things, the Companys
results for the quarter ended December31, 2016 and the year ended
December31, 2016.

A copy of the press release is attached hereto as Exhibit 99.1
and is incorporated herein by reference. The information in the
press release is being furnished, not filed, to Item2.02.
Accordingly, the information in the press release will not be
incorporated by reference into any registration statement filed
by the Company under the Securities Act of 1933, as amended,
unless specifically identified therein as being incorporated
therein by reference.

2

About MEDALLION FINANCIAL CORP. (NASDAQ:MFIN)

Medallion Financial Corp. is a closed-end, non-diversified management investment company. The Company is a specialty finance company, which is engaged in originating, acquiring and servicing loans that finance taxicab medallions and various types of commercial businesses. The Company operates in lending and investing operations segment. It originates and services medallion, secured commercial, and consumer loans, and invests in both marketable and nonmarketable securities. The Company’s subsidiary, Medallion Bank, also originates consumer loans for the purchase of recreational vehicles, boats, motorcycles, trailers, and to finance small-scale home improvements. The Company also conducts business through its asset-based lending division, Medallion Business Credit, an originator of loans to small businesses for the purpose of financing inventory and receivables.

MEDALLION FINANCIAL CORP. (NASDAQ:MFIN) Recent Trading Information

MEDALLION FINANCIAL CORP. (NASDAQ:MFIN) closed its last trading session down -0.12 at 1.68 with 295,924 shares trading hands.