Exhibit 99.1







Medallion Financial Corp.    Public Relations
437 Madison Avenue    Harry Zlokower/Dave Closs
New York, New York10022    1-212-863-4193

Andrew M. Murstein, President

Larry D. Hall, CFO







    Full year record earnings of $29,376,000, an all-time high, or $1.20 per diluted common share, increased 2% from 2014


    Fourth quarter earnings of $6,911,000, or $0.29 per share


    Managed assets were $1.655 billion, including $1.081 billion at Medallion Bank, both all-time highs


    Net interest margin was 6.98% on a combined basis


    80% of 2015 earnings came from our consumer lending businesses


    Consumer loans originated by Medallion Bank grew 31% from a year ago


    Book value per share, or net asset value, increased to $11.42 at December 31, 2015


    Quarterly distribution of $0.25 per share declared

NEW YORK, NY – February 17, 2016 – Medallion Financial Corp. (Nasdaq: TAXI) announced that earnings, or net increase in net assets resulting from operations, were $29,376,000 or $1.20 per diluted common share in 2015, up $684,000 or 2% from $28,692,000 or $1.14 per share in 2014, primarily reflecting lower operating expenses and higher net interest income, partially offset by lower net realized/unrealized gains and noninterest income. Net investment income after income taxes was $16,826,000 or $0.69 per share in 2015, up $1,681,000 or 11% from $15,145,000 or $0.60 in 2014.


The following information was filed by Medallion Financial Corp (TAXI) on Tuesday, February 23, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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