OPFI

Image source: The Motley Fool. Monday, Aug. 10, 2026 at 5 p.m. ET Investor Relations - Jared Pollack Executive Chairman and Chief Executive Officer - Todd Schwartz Chief Financial Officer - Pamela Johnson Operator: Good afternoon, and welcome to OppFi's Second Quarter 2026 Earnings Conference Call. As a reminder, this conference is being recorded. I am pleased to introduce your host, [ Jared Pollack ]. You may begin. Jared Pollack: Thank you, operator. Good afternoon, and welcome to OppFi's Second Quarter 2026 Earnings Call. Today, our Executive Chairman and CEO, Todd Schwartz; and CFO, Pamela Johnson, will present our financial results, followed by a question-and-answer session. You can access the earnings presentation on our website at investors.oppfi.com. During this call, OppFi may discuss certain forward-looking information. The company's filings with the SEC describe factors that could cause actual results, developments and business decisions to differ materially from forward-looking statements. Please refer to Slide 2 of the earnings presentation and press release for our disclaimer statement covering forward-looking statements and references to information about non-GAAP financial measures, which will be discussed throughout today's call. Reconciliations of those measures to GAAP measures can be found in the appendix to our earnings presentation and press release. In addition, certain important information related to the BNCC transaction is included in the registration statement on Form S-4 filed by OppFi in conjunction with the transaction. Investors are encouraged to read the Form S-4 and other documents filed with the SEC in conjunction with the transaction. Additionally, OppFi and BNCC and their directors and officers may be deemed to be participating in a solicitation of proxies in favor of the proposed merger. Please refer to the disclaimer information included in our earnings release. With that, I'd like to turn the call over to Todd. Todd Schwartz: Thanks, Jared, and good afternoon, everyone. Thank you for joining us today. I'll first share a business update, and then Pam will review our strategic investments and Q2 financial performance in detail. While Q2 fell short of our original financial expectations, we believe it was one of our most productive quarters from a strategic standpoint. We invested meaningfully in testing new products and improving existing products with the goal of strengthening our competitive positioning. We also took the additional time needed to refine our LOLA system, laying what we believe to be a strong foundation for future growth and efficiency. That work pushed back rollout by a few months, but we're encouraged by the results and remain confident in our ability to hit our long-term financial targets. I will provide more detail on new product initiatives later in my remarks. First, I'd like to provide an update on our pending acquisition of BNC National Bank. We're pleased to announce that we've officially submitted our regulatory applications to the OCC and other governing agencies. We look forward to working with regulators throughout the approval process and aim to close the transaction in Q4 of this year. We're excited to work with the BNC team to integrate and build the strongest possible strategic footprint, expanding product offerings, consumer choice and credit access, while reducing costs for our customers and extending community banking access to more of them. We'll provide further updates on this throughout the year. Next, I'd like to highlight an important development at OppFi, the upcoming line of credit launch with one of our bank partners. During the second quarter, we completed extensive testing around pricing, term structure, and customer behavior, and we are very encouraged with the results. The testing reinforced our belief that the line of credit product fills an important need for consumers, particularly during macro periods when affordability and monthly payment flexibility become increasingly important. Customers are increasingly gravitating towards products with lower monthly payments but longer repayment terms, as these options offer greater affordability and cash flow flexibility on a month-to-month basis. That preference was reflected in our testing results and reinforces why the line of credit product is such an important addition to our platform. The testing demonstrated meaningful opportunities to drive additional growth from both new and existing customers while diversifying our product offerings. We expect to launch the line of credit product next month. That timing was intentional and reflects a deliberate measure twice, cut once approach. Before its launch, we wanted to be fully confident in its pricing structure, customer experience, conversion dynamics and expected performance. With testing now complete, we feel good about its readiness. The technical aspects of this product will have been developed and brought to market in under 6 months, a relatively short period of time. This is made possible by our new modular technology platform. Beyond enabling this launch, the modular platform creates a scalable foundation for future product innovation, allowing us to develop and introduce new offerings more efficiently. As a result of the slight timing shift in both the line of credit launch and LOLA migration completion, originations came in below our original expectations during the quarter. Accordingly, we are revising our 2026 guidance. Our expectations for 2027 and 2028 remain unchanged, and we continue to believe we are on a path towards achieving approximately $3 of earnings per share by the end of 2028. Taken together, this has been an important quarter of progress for OppFi in laying the foundation for growth. We are well underway in our effort to strategically transform the business, investing more than $150 million this year to enable continued growth on our path to achieve $500 million of adjusted net income in the next five years. We remain focused on executing our shared vision of becoming a leading technology-enabled bank platform that offers essential credit access and community banking services to everyday Americans and businesses. With that, I'll turn the call over to Pam. Pamela Johnson: Thanks, Todd, and good afternoon, everyone. I want to build on Todd's comments regarding the quarter and our updated outlook. While we continue to see some variability in consumer credit trends, we are prioritizing balance sheet strength, unit economics and margin stability over shorter-term volume growth. OppFi has demonstrated throughout its history that disciplined underwriting, strong credit performance and sustainable profitability create more long-term value than pursuing growth at any cost in the near term. Importantly, we continue to direct our focus toward building the foundation to unlock new long-term growth and our planned acquisition of BNC is expected to be financially transformative. We anticipate significant revenue synergies beginning in 2027 as we expand our ability to deliver a broader suite of financial products across the larger geographic footprint. These synergies are expected to be driven primarily by geographic expansion and cross-selling opportunities. In addition, we believe OppFi will be able to leverage BNC's capabilities and relationships to further grow our existing business lines. The combination of OppFi and BNC is expected to create a banking organization with capital levels well in excess of regulatory and market standards. Looking ahead to 2028, we expect the combined company to generate return on assets at least 10% and returns on equity of at least 35%. Turning to our financial performance for the second quarter, we generated revenue of $145 million, a 1.9% increase over Q2 2025, and a company record for any second quarter. Originations for the quarter decreased by 9% to $212 million compared to the prior year quarter, as we tightened underwriting in segments where we believe risk-adjusted returns were less attractive. These actions were designed to help preserve portfolio quality and support long-term profitability. Net charge-offs as a percentage of revenue during the quarter increased to approximately 40% from 32% in the prior year period. And net charge-offs as a percentage of receivables increased to 52% from 43% in the prior year period. Given the denominator effect, these charge-off metrics appear inflated in times of slower growth. Importantly, these charge-offs are partially offset by a meaningful improvement in recoveries, an area where we believe we maintain a distinct competitive advantage. Recoveries increased to approximately $15 million from $11 million in the prior year period. We continue to closely monitor consumer payment behavior and adjust our underwriting posture with agility as conditions evolve. And we remain confident that the actions we have taken position the portfolio for stronger performance over time. Operating expenses remained well controlled as we continue to balance investment and strategic initiatives with disciplined expense management. Total adjusted operating expenses were approximately $49 million or 34% of revenue, down slightly from 35% in the prior year period. On an unadjusted basis, given one-time expenses related to the BNC transaction and corporate simplification, expenses were 43% of revenue compared with 39% of revenue in the prior year period. While we continued investing in strategic initiatives, particularly those related to the BNC transaction and platform development, we maintained disciplined expense management across the rest of the organization. Taken together, adjusted net income decreased by 27% in the second quarter to approximately $29 million compared to the prior year period. And adjusted earnings per share decreased to $0.33 from $0.45 in the prior year period. Despite that, our adjusted net income margin remained strong at 19.8%. Looking at the balance sheet, we continue to maintain a robust financial position, ending the quarter with $92 million in cash, cash equivalents, and restricted cash, alongside $277 million in total debt and $414 million in total stockholders' equity. Our total funding capacity was $541.8 million at quarter end, including $173.5 million of unused debt capacity. With strong liquidity position and balance sheet flexibility, it continues to provide a solid foundation for our capital allocation strategy and long-term growth objectives. On capital allocation, our balance sheet remains a significant source of strength. Our business continues to generate meaningful free cash flow, allowing us to invest in growth initiatives while simultaneously returning capital to shareholders. During the quarter, we began repurchasing shares under the Board-authorized $40 million repurchase program, reflecting our belief that the current valuation does not appropriately reflect the long-term earnings potential of the company. Given the timing shift in our launch of the line of credit product and completion of LOLA system migration, we are revising our full 2026 guidance to total revenue of $600 million to $625 million, adjusted net income of $115 million to $130 million and adjusted EPS of $1.34 to $1.51. While we are reducing our near-term outlook, our confidence in the long-term earnings potential of the company remains unchanged. Our expectations for 2027 and 2028 remain intact, but we continue to believe OppFi is building a stronger, more diversified and more valuable platform. We remain confident in our path toward achieving our long-term objective of approximately $3 of earnings per share by the end of 2028. With that, I will now turn the call over to the operator for Q&A. Operator? Operator: [Operator Instructions] We'll take our first question from David Scharf from Citizens Capital Markets. David Scharf: Todd, wondering if you can provide just a little more color on sort of your assessment of what you're seeing from your consumers vis-a-vis credit and what led to the tightening. Obviously, it's been another earnings season where there's been some pretty broad-based constructive commentary from most lenders about consumer resiliency in the face of inflation and whatnot. And maybe if you can just share a little more on what led to some of the tightening that you enacted in the quarter? Todd Schwartz: Yes, I mean, we actually -- it actually started last summer when we saw some consumer sentiment. Listen, I think if you look at the average in the last 4 years, the charge-offs are -- we had a really strong 2-year window there and we're still seeing some reversion on that back to -- but with our risk-based pricing and with some of the term testing we're doing, one of the things I mentioned in my remarks is that the affordability is becoming very, very important for the consumer. So consumers are opting for more total costs to keep their monthly payments affordable. And we need to be responsive to competition and to what others are providing in the marketplace. And I think that's why we're so excited about the line of credit product. There's also things we can be doing on installment better to better serve our customers. I think if you're getting the payment-to-income wrong with customers, that is the fundamental rule of underwriting. You're going to cause more customer delinquency or less repayments overall. I think with our risk-based pricing and some of our term and some of our new marketing initiatives, we feel like really, really good for the second half that we're going to start to grow again and start to get that back on track. There were some head fakes with the war and everything going on, but we feel, like, from our business standpoint, we can operate in any environment. And I think that if you look at our margin and our balance sheet, that was prioritized with everything going on with the transformation and the bank acquisition, it was prioritized, but we're getting back to growth now. And we think that there's a lot of opportunity. We're seeing some competitors provide some more affordability on the payments to allow for more growth. And so we think we can be very competitive and bring something to market that customers are going to be successful with. David Scharf: Got it. Understood. And maybe as a follow-up, as we think about the second half outlook, and the guidance reduction, is there a way to give us a sense for how much of that is related to the sort of a lower starting point in balances that you're exiting Q2 with and the delayed -- and maybe 1 month delay in rolling out kind of LOLA and line of credit. That being sort of one bucket and maybe the other could just be everything else, whether it be changes in loss rate assumptions, fair value, how much of it's just kind of the Q2 tightening and lower jumping off point versus are there any other factors that we should be aware of that's behind the guidance? Todd Schwartz: Yes, I mean, we've been operating in this credit environment now for over a year, so we're comfortable with where we're at there and see stability. It's really geared towards the late onset of some of the growth initiatives that we've had. In the second quarter, we're making great progress. I mean from a financial growth perspective, the way it reports out to you guys and the Street in this small 3-month window, it shows that we're growing. But when I think about what we're doing on a daily basis with the teams and the product initiatives, the migration, everything's going very well. And we think that we're just -- the business is going to -- we're trying to retool business to set this thing up for a much larger scale multi-product platform. And so it is definitely kind of more of a late onset situation where we're not getting the line of credit in market as soon as we thought we would. And then also some of the migration things with data that we're working through to make sure that we're taking -- I think I said it in my commentary, measure twice, cut once approach and making sure -- and while keeping the balance sheet strong. Operator: We'll take our next question from Dave Storms with Stonegate Capital Partners. Maximus Alexander-Nino: This is Maximus. I'll be asking questions for Dave Storms today. Just wanted to start off on LOLA. As the platform gets further rolled out in the second half of the year, kind of just wondering where you think the biggest benefit will be first. Is it more -- better conversion, servicing efficiencies, recoveries? Or if you have any other color, that would be great. Todd Schwartz: Yes, we think it -- I think one of the benefits you're going to be seeing here is we have a new product coming to market in less than 6 months. And that's because it was completely built on the new system, which took advantage of our modular architecture and all the benefits of it. We didn't have to go into the legacy system at all to be able to develop it as a new product. And so that's one of the biggest things. I'm excited about is cycle time for development and bringing things to market. And from a product standpoint, being able to work on things in a much faster clip. Our goal is to reduce our cycle times by 70% over the next year. And so that is -- also, it will allow us to push on some of these automated -- we actually made progress in the quarter. Our automated approval rate was up into the 80s first time the company has achieved that. So we're continuing to make progress even on the legacy system, but this will unlock us to our ability to start to move those metrics higher and better service our customer. We think that the cycle time from app-to-fund for some of the more manual applications is going to go down significantly. So that's another benefit of the new system. Maximus Alexander-Nino: I appreciate that. And then lastly, wanted to get a little bit more color on the line of credit as well. You had mentioned the testing that happened this past quarter. And I just wanted to see if you could dive in deeper into more of the findings or the discoveries that you guys have found out? And also wanted to see if the LOC, the line of credit, is more -- going to be more specifically for new customers or as well, current customers as well? Todd Schwartz: Yes, good question. Well, first of all, I think the way customers can draw on their lines and the flexibility of when they draw, as opposed to kind of the installment right now is done at a refinance or if someone's paid in full, they would reloan out. So that ability to draw smaller increments over time and give the customer the flexibility of when they choose to do that, also coupled with the payment stream being a little bit longer dated to allow for more affordability of monthly payment. So we feel like those 2 aspects of this are really going to do a great job to respond to kind of some of the market dynamics we're seeing. We're -- one of the things we will be testing is what customers select in a market where we're going to offer both. That isn't in the original launch plan. The original launch plan will allow for 3 new geographies for us to offer a line of credit to customers, so net new customers. But soon after, we will be in market with -- where customers can choose which product they desire and what best fits their financial needs. And so we'll -- as we run those tests, we'll be updating everyone with the results and kind of see where we think that the market -- the new product fits best in the market. Operator: We'll take our next question from Mike Grondahl with Northland Securities. Mike Grondahl: With the reduced outlook, just trying to understand between the line of credit product and the LOLA migration. Are those both about a month delayed? Trying to understand that a little bit better. And then revenue outlook down probably $40 million to $50 million, adjusted EPS about $0.40 at the midpoint. Is that more LOC versus LOLA? Just trying to understand the breakdown there because it's kind of big numbers for these 2 delays. Todd Schwartz: Yes, I mean, we -- the line of credit, like I said, opens up to 3 new geographies. And we think there's meaningful volume to come out of it. So every month that it gets delayed, it obviously impacts our origination targets. I do think though that on the LOLA side, less, it's less about that. It has delayed some of our product initiatives. So the way it would hurt originations for the LOLA is we are originating new loans into the LOLA system. It's the legacy products and it's the product initiatives that we have scheduled, but we're not able to enact because of the delay in the system. And so those are high ROI initiatives that we know will result in -- boost in origination growth. So when you couple that with the LOC and the delays, that is the reason for bringing down some of the origination targets. I do, however, feel though that we are hitting on some things now and I do feel like, we're going to be able to return to growth in the second half with some of the things we've been working on throughout the quarter and the testing with our customer intelligence. Mike Grondahl: Got it. And is it -- are you characterizing it as a 1-month delay, or how would you describe the LOC delay in terms of time? Todd Schwartz: Yes, our goal is to get this in market in September. So that would effectively be a 2-month delay from where we originally planned. But we feel pretty confident now that we're getting a lot closer and feel that there's a high likelihood that we can get this thing launched in September, which is exciting. Mike Grondahl: Got it. And then lastly net charge-offs on average receivables, 52% from 43%. On revenue, 40% versus 32%, I mean, despite that, I think you're kind of saying the credit environment is pretty stable. It's nothing that you're worried about. But those increases seem kind of significant. Could you just reconcile that for us? Todd Schwartz: Yes, I mean, listen, I think, first of all, our recoveries are doing from a percentage -- not only on a dollar basis collecting more, but as a percentage as well. So the net number, those are real, the recoveries. But what I will say is if we were growing at 9%, 10%, those numbers come down to about 500 basis points, right? So the 40% comes down to 35%. So there is some elevation. We acknowledge that, and we have talked about that over the last 2 quarters from the lows of early '25. But I do think it's a little bit exacerbated because of our -- on the origination side, a little bit of slower growth. So it exacerbates those numbers a little bit from our standpoint. But we are very happy to see this strong performance and recoveries, which always is welcome when looking at the total picture. Mike Grondahl: Lastly, I guess any update on the bank merger? Todd Schwartz: Yes, I mean, all I can say, we're in the middle of our comments here. So all I can really say is we've submitted our application and are working with the regulatory agencies at this time. As soon as we have updates to provide, we will in the coming quarters. But as of now that's -- we can't really comment on it more to say than we've submitted our business application and are working with the regulatory agencies. Mike Grondahl: Got it. Is it reasonable to still think by year end? Has that timeline changed in your guys' view at all? Todd Schwartz: Yes, I mean, I would like to think so. We're ready to fulfill on that timeline. Obviously, it's a little bit out of our control, but that would be our plan as of now is Q4. Operator: Thank you. This concludes our question-and-answer session and brings us to the end of today's meeting. We appreciate your time and participation. You may now disconnect. 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Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Management characterized Q2 as a highly productive strategic period despite missing financial expectations, focusing on product testing and the LOLA system migration. Performance was impacted by a deliberate 'measure twice, cut once' approach to new product launches, prioritizing pricing and conversion readiness over speed to market. The company tightened underwriting in specific segments where risk-adjusted returns were deemed unattractive, prioritizing balance sheet strength and unit economics over volume. A shift in consumer preference toward lower monthly payments and longer repayment terms drove the strategic decision to launch a line of credit product. The new modular technology platform enabled the development of the line of credit product in under six months, establishing a scalable foundation for future innovation. Management attributes the current elevation in charge-off metrics to a 'denominator effect' caused by slower origination growth rather than a fundamental breakdown in credit quality. Full-year 2026 guidance was revised downward to reflect the two-month delay in the line of credit launch and the timing shift of the LOLA system migration. Management reaffirmed long-term targets for 2027 and 2028, including a goal of approximately $3 earnings per share by the end of 2028. The acquisition of BNC National Bank is expected to close in Q4 2026, pending regulatory approval, and is projected to be financially transformative starting in 2027. The company aims to reduce development cycle times by 70% over the next year by leveraging the new modular architecture of the LOLA system. Future growth is expected to be driven by geographic expansion into three new territories via the line of credit product and enhanced cross-selling opportunities. Net charge-offs as a percentage of receivables increased to 52% from 43% year-over-year, though partially offset by a rise in recoveries to $15 million. One-time expenses related to the BNC transaction and corporate simplification increased unadjusted operating expenses to 43% of revenue. The company initiated a $40 million share repurchase program, citing a belief that current market valuation does not reflect long-term earnings potential. Regulatory applications for the BNC acquisition have been officially submitted to the OCC and other governing agencies. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management noted that while the consumer remains resilient, they are seeing a reversion to historical norms following a very strong two-year window. The tightening was a response to affordability concerns, as consumers increasingly prioritize lower monthly payments to manage cash flow. Management expressed confidence that risk-based pricing and new product flexibility will allow for a return to growth in the second half of the year. The guidance reduction is primarily attributed to the 'late onset' of growth initiatives rather than a change in the underlying credit environment. The line of credit launch is now targeted for September, representing a two-month delay from the original plan. Delays in the LOLA migration prevented the enactment of high-ROI product initiatives that were expected to boost origination growth in Q2. The new system has already enabled an automated approval rate in the 80% range, a company record. Management expects significant reductions in 'app-to-fund' cycle times for manual applications once the migration is fully complete.

This article first appeared on GuruFocus. Revenue: $145 million, a 1.9% increase over Q2 2025 and a company record for any second quarter. Originations: Decreased by approximately 9% to $212 million compared to the prior year quarter. Net Charge-offs: Increased to approximately 40% of revenue (from 32%) and approximately 52% of receivables (from 43%) in the prior year period. Recoveries: Increased to approximately $15 million from $11 million in the prior year period. Adjusted Operating Expenses: Approximately $49 million, or 34% of revenue, down slightly from 35% in the prior year period. Adjusted Net Income: Decreased by 27% to approximately $29 million compared to the prior year period. Adjusted Earnings Per Share (EPS): Decreased to $0.33 from $0.45 in the prior year period. Adjusted Net Income Margin: Remained strong at 19.8%. Cash and Equivalents: Ended the quarter with approximately $92 million in cash equivalents and restricted cash. Total Debt: $277 million. Total Stockholders' Equity: $414 million. Total Funding Capacity: $541.8 million at quarter end, including $173.5 million of unused debt capacity. 2026 Guidance: Revised to total revenue of $600 million to $625 million, adjusted net income of $115 million to $130 million, and adjusted EPS of $1.34 to $1.51. Warning! GuruFocus has detected 3 Warning Signs with RPAY. Is OPFI fairly valued? Test your thesis with our free DCF calculator. Release Date: August 10, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. OppFi Inc (NYSE:OPFI) achieved record second-quarter revenue of $145 million, a 1.9% increase year-over-year. The company made strategic progress, including submitting regulatory applications for the BNC National Bank acquisition, which is expected to be financially transformative with significant revenue synergies from 2027. OppFi Inc (NYSE:OPFI) is launching a new line of credit product in September, which testing showed meets consumer demand for affordability and flexibility, and can drive growth from new and existing customers. The new modular technology platform enabled rapid product development, with the line of credit built in under six months, and is expected to reduce development cycle times by 70% over the next year. OppFi Inc (NYSE:OPFI) maintained a strong balance sheet with $92 million in cash, $173.5 million in unused debt capacity, and initiated a $40 million share repurchase program, reflecting confidence in long-term earnings potential. The company achieved a record automated approval rate in the 80s, improving operational efficiency and customer service. Recoveries increased to approximately $15 million from $11 million year-over-year, demonstrating a competitive advantage in collections. Adjusted net income margin remained strong at 19.8%, and adjusted operating expenses as a percentage of revenue improved to 34% from 35%. Management reaffirmed long-term targets, including approximately $3 of earnings per share by 2028 and $500 million of adjusted net income in five years. The company is prioritizing disciplined underwriting and balance sheet strength, which positions it for sustainable long-term profitability. OppFi Inc (NYSE:OPFI) revised its 2026 guidance downward, with revenue expected at $600-$625 million (down from prior) and adjusted EPS at $1.34-$1.51, due to delayed product launches and migration. Originations decreased approximately 9% year-over-year to $212 million, as the company tightened underwriting in less attractive risk segments. Net charge-offs as a percentage of revenue increased to approximately 40% from 32% year-over-year, and as a percentage of receivables rose to 52% from 43%. Adjusted net income decreased 27% year-over-year to approximately $29 million, and adjusted EPS fell to $0.33 from $0.45. The LOLA system migration was delayed by a few months, pushing back product initiatives and impacting origination growth. The line of credit product launch was delayed by approximately two months, reducing near-term origination targets. Consumer credit trends remain variable, with customers opting for longer terms and higher total costs to manage monthly payments, which can increase credit risk. Unadjusted operating expenses increased to 43% of revenue (from 39%) due to one-time costs related to the BNC transaction and corporate simplification. The BNC acquisition timeline is subject to regulatory approval, with closing expected in Q4 but not guaranteed, creating uncertainty. The company acknowledged that charge-off metrics are inflated due to slower growth, indicating potential underlying credit stress. Q: Can you provide more color on your assessment of consumer credit trends and what led to the tightening of underwriting standards in the quarter? A: Todd Schwartz (CEO): The tightening began last summer due to shifts in consumer sentiment. We are seeing a reversion in charge-offs back to historical averages after a strong two-year period. Consumers are increasingly prioritizing affordability, opting for products with lower monthly payments even if it means higher total costs. We are responding with risk-based pricing and term testing. The upcoming line of credit product is designed to address this demand for flexibility. We believe we can operate in any environment and are confident in returning to growth in the second half of the year. Q: Can you break down the factors behind the revised 2026 guidance, specifically the impact of the delayed line of credit launch and LOLA migration versus other factors like credit trends? A: Todd Schwartz (CEO): The guidance revision is primarily due to the late onset of growth initiatives. We have been operating in this credit environment for over a year and see stability. The delay is mainly from the line of credit product not launching as soon as expected and the LOLA migration taking longer to complete. We are taking a "measure twice, cut once" approach to ensure these initiatives are launched correctly, which has pushed back the expected financial benefits. Q: As the LOLA platform is rolled out, where do you expect the biggest benefit to be firstconversion, servicing efficiencies, or recoveries? A: Todd Schwartz (CEO): The biggest immediate benefit is the speed of product development. We built the new line of credit product in under six months entirely on the new modular system, without touching the legacy system. This significantly reduces cycle times, with a goal of reducing them by 70% over the next year. We also achieved a record automated approval rate in the 80s during the quarter, and the new system will help improve this further and reduce the time from application to funding for manual applications. Q: Can you provide more detail on the findings from the line of credit testing and whether it will be offered to new or existing customers? A: Todd Schwartz (CEO): The testing confirmed that customers value the flexibility to draw on their line in smaller increments over time, as opposed to a lump-sum installment loan. This, combined with a longer payment stream for affordability, addresses key market dynamics. The initial launch will target three new geographies to acquire net new customers. Shortly after, we will test offering both products in the same market to see which customers prefer, and we will update on those results. Q: Can you clarify the timeline for the delays in the line of credit and LOLA migration, and how they impact the revenue and EPS guidance reduction? A: Todd Schwartz (CEO): The line of credit launch is now targeted for September, a two-month delay from the original plan. The LOLA delay impacts originations indirectly by postponing high-ROI product initiatives that were scheduled to run on the new system. These delays, combined, are the primary reason for lowering the origination targets and the 2026 guidance. We are confident in returning to growth in the second half with the initiatives we are working on. Q: Net charge-offs increased significantly year-over-year (to 52% of receivables from 43%). Can you reconcile this with your view that the credit environment is stable? A: Todd Schwartz (CEO): The charge-off metrics are inflated by the denominator effect of slower growth. If we were growing at 9-10%, the ratio would be about 500 basis points lower. We acknowledge the elevation from the lows of early 2025, but it is exacerbated by slower origination growth. Importantly, recoveries are performing strongly, both in dollar terms and as a percentage, which is a distinct competitive advantage and partially offsets the charge-offs. Q: Can you provide an update on the pending acquisition of BNC National Bank and the expected timeline for closing? A: Todd Schwartz (CEO): We have officially submitted our regulatory applications to the OCC and other governing agencies. We are currently in the comment period and working with the regulators. We cannot comment further at this time, but our plan remains to close the transaction in Q4 of this year, assuming the regulatory process proceeds as expected. Q: Given the increased charge-offs and slower growth, how are you balancing the need to invest in strategic initiatives with maintaining profitability? A: Pamela Johnson (CFO): We are prioritizing balance sheet strength, unit economics, and margin stability over short-term volume growth. Our adjusted net income margin remained strong at 19.8% in Q2. We are investing in strategic initiatives like the BNC transaction and platform development while maintaining disciplined expense management across the rest of the organization. Total adjusted operating expenses were 34% of revenue, down slightly from the prior year. For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Interested in OppFi Inc.? Here are five stocks we like better. Q2 revenue reached a record $145 million, up 1.9% year over year, but adjusted net income fell 27% to about $29 million as originations declined 9% amid tighter underwriting and higher charge-offs. OppFi plans to launch its delayed line-of-credit product in September and is continuing its LOLA platform migration, initiatives management expects to support future origination growth and reduce product-development times. OppFi lowered its 2026 outlook to $600 million–$625 million in revenue and $115 million–$130 million in adjusted net income, while maintaining longer-term targets and pursuing the BNC National Bank acquisition targeted for the fourth quarter. SoFi Stock’s Next Test: Can It Justify Its Premium Valuation? OppFi (NYSE:OPFI) reported second-quarter 2026 revenue growth but lower adjusted earnings as the consumer lending platform invested in new products, technology infrastructure and its planned acquisition of BNC National Bank. Executive Chairman and CEO Todd Schwartz said the quarter fell short of the company’s original financial expectations, largely because the rollout of its line of credit product and completion of its LOLA system migration took longer than initially anticipated. Still, he characterized the period as productive strategically, citing product testing, platform development and work to strengthen the company’s competitive position. → SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 4 AI-Powered Fintechs Revolutionizing the Future of Finance OppFi reported revenue of $145 million for the second quarter, up 1.9% from the prior-year period and a record for any second quarter in company history, according to CFO Pam Johnson. Originations declined about 9% year over year to $212 million as the company tightened underwriting in customer segments where it viewed risk-adjusted returns as less attractive. Johnson said the underwriting actions were intended to preserve portfolio quality and long-term profitability amid variability in consumer credit trends. Adjusted net income declined 27% year over year to approximately $29 million. Adjusted earnings per share fell to $0.33 from $0.45 a year earlier. Adjusted net income margin was 19.8%. Total adjusted operating expenses were about $49 million, or 34% of revenue, compared with 35% of revenue in the prior-year quarter. → 3 Dividend Champion Utilities for a Market That Can't Sit Still Tech Earnings Insights: Where Opportunity Meets Uncertainty On an unadjusted basis, expenses represented 43% of revenue, compared with 39% a year earlier, reflecting one-time expenses tied to the proposed BNC transaction and corporate simplification efforts. Net charge-offs increased during the quarter. Net charge-offs as a percentage of revenue rose to about 40% from 32% a year earlier, while net charge-offs as a percentage of receivables increased to approximately 52% from 43%. → Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War Johnson said the charge-off metrics can appear elevated during slower growth periods because of denominator effects. She also pointed to improved recoveries, which rose to about $15 million from $11 million in the prior-year period. Schwartz said OppFi expects to launch a line of credit product with one of its bank partners in September, following testing during the second quarter involving pricing, term structure and customer behavior. The product’s launch had originally been planned earlier, and Schwartz described the updated timing as effectively a two-month delay from the prior plan. The line of credit will initially expand OppFi into three new geographies and target new customers. The company later expects to test a market in which consumers can choose between the line of credit and installment loan products. Schwartz said testing indicated that consumers are increasingly seeking products with lower monthly payments and longer repayment periods to improve monthly affordability and cash-flow flexibility. He said the line of credit will enable customers to draw smaller amounts over time, rather than relying solely on refinancings or new installment loans. The product was built on OppFi’s modular technology platform in less than six months, according to Schwartz. He said the system architecture is expected to shorten development cycles and support future product launches. OppFi’s goal is to reduce product-development cycle times by 70% over the next year. The company is also continuing its migration to the LOLA system. Schwartz said the delayed migration has held back certain product initiatives that the company believes could increase originations. He added that OppFi’s automated approval rate reached the 80% range for the first time during the quarter and that the new system should improve application-to-funding times for more manual applications. During the question-and-answer session, Schwartz said the company began seeing changes in consumer sentiment last summer and has responded through risk-based pricing, term testing and underwriting adjustments. He said affordability, particularly the relationship between payments and consumer income, has become increasingly important. Although charge-offs have risen from early 2025 levels, Schwartz said OppFi sees stability in the broader credit environment and expects to return to origination growth in the second half as its product initiatives move forward. Because of the delayed line of credit launch and LOLA migration, OppFi reduced its full-year 2026 outlook. The company now expects: Total revenue of $600 million to $625 million. Adjusted net income of $115 million to $130 million. Adjusted EPS of $1.34 to $1.51. Management said its outlook for 2027 and 2028 remains unchanged, including its objective of generating approximately $3 in earnings per share by the end of 2028. OppFi said it has submitted regulatory applications to the Office of the Comptroller of the Currency and other agencies for its pending acquisition of BNC National Bank. The company continues to target a fourth-quarter closing, though Schwartz said the timing ultimately depends on the regulatory process. Johnson said the transaction is expected to be financially transformative, with anticipated revenue synergies beginning in 2027 through geographic expansion, cross-selling opportunities and a broader suite of financial products. OppFi expects the combined company to generate return on assets of at least 10% and return on equity of at least 35% by 2028. At quarter-end, OppFi had approximately $92 million in cash equivalents and restricted cash, $277 million in total debt and $414 million in total stockholders’ equity. Total funding capacity was $541.8 million, including $173.5 million of unused debt capacity. The company also began repurchasing shares during the quarter under its board-authorized $40 million repurchase program. Johnson said the buybacks reflected management’s view that the company’s valuation does not adequately reflect its long-term earnings potential. OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms. Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "OppFi Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

Total revenue increased 1.9% year over year to $145.2 million, a Company record for any second quarter Net income increased 36.0% year over year to $15.6 million CHICAGO, Aug. 10, 2026 /PRNewswire/ -- OppFi Inc. (NYSE: OPFI) ("OppFi" or the "Company"), a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans, today reported financial results for the second quarter ended June 30, 2026. "The strategic transformation of OppFi continues to gain momentum as we execute against the initiatives that lay the foundation for our next chapter," said Todd Schwartz, CEO and Executive Chairman. "As we advance our pending acquisition of BNCCORP, Inc. and BNC National Bank, prepare the launch of our new line of credit product, and further expand our product roadmap, we are building a more diversified, technology-enabled financial platform. We believe a broader product suite, enhanced technology capabilities, and the strategic benefits of operating as a national bank will strengthen our long-term earnings power, drive more consistent performance across economic cycles, and position OppFi to create substantial long-term value for customers, communities, and shareholders." Financial Summary The following tables present a summary of OppFi's results for the three and six months ended June 30, 2026 and 2025 (in thousands, except per share data). Certain columns and rows may not sum due to the use of rounded numbers for disclosure purposes. Percentages presented are calculated from the underlying whole-dollar amounts. Key Performance Metrics The following tables represent key quarterly metrics as of and for the three and six months ended June 30, 2026 and 2025 (in thousands, except percentage metrics). Share Repurchase Program During the six months ended June 30, 2026, OppFi repurchased $11.2 million of its Class A common stock at an average purchase price of $9.46 per share. During the second quarter, the Company initiated repurchases under the $40 million share repurchase program authorized by its Board of Directors on May 6, 2026. Full Year 2026 Guidance Update OppFi is updating its full year 2026 guidance as follows: Total revenue between $600 million and $625 million Adjusted net income1 between $115 million and $130 million; and Adjusted EPS1 between $1.34 and $1.51, based on approximate weighted average diluted share count of 86 million shares Conference Call Management will host a conference call today at 5:00 p.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be made available on the Investor Relations page of the Company's website. The conference call can also be accessed with the following dial-in information: Domestic: (833) 419-0865 International: (785) 838-9333 Conference ID: OPPFI An archived version of the webcast will be available on OppFi's website. About OppFi OppFi (NYSE: OPFI) is a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans. Through this transparent and responsible platform, which emphasizes financial inclusion and exceptional customer experience, the Company assists consumers who are underserved by traditional financing options in building improved financial health. OppLoans by OppFi maintains a 4.4/5.0 star rating on Trustpilot based on over 5,600 reviews, positioning the Company among the top consumer-rated financial platforms online. OppFi also holds a 35% equity interest in Bitty Holdings, LLC ("Bitty"), a credit access company that provides revenue-based financing and other working capital solutions to small businesses. For additional information, please visit oppfi.com. Important Additional Information and Where to Find It In connection with the proposed transaction between OppFi and BNCCORP, Inc. ("BNCC"), OppFi has filed with the U.S. Securities and Exchange Commission (the "SEC") a registration statement on Form S-4 (File No. 333-297733) (the "registration statement"), which includes a proxy statement of BNCC and a prospectus of OppFi (the "proxy statement/prospectus"), and OppFi may file with the SEC other relevant documents regarding the proposed transaction. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND THE PROXY STATEMENT/PROSPECTUS CAREFULLY AND IN THEIR ENTIRETY AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC BY OPPFI, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT OPPFI, BNCC, BNC NATIONAL BANK AND THE PROPOSED TRANSACTION. A definitive copy of the proxy statement/prospectus has been mailed to stockholders of BNCC. Investors and security holders will be able to obtain the registration statement and the proxy statement/prospectus, as well as other filings containing information about OppFi, free of charge from OppFi or from the SEC's website. The documents filed by OppFi with the SEC may be obtained free of charge at OppFi's website, at https://investors.oppfi.com/financials/sec-filings/default.aspx, or by requesting them by mail at 130 E. Randolph Street, Suite 3400, Chicago, IL 60601 or by email at [email protected]. Participants in a Solicitation This communication is not a solicitation of a proxy from any security holder of BNCC or OppFi. However, OppFi, BNCC and certain of their respective directors and executive officers may be deemed to be participants in a solicitation of proxies from the stockholders of BNCC in respect of the proposed transaction. Information about OppFi's directors and executive officers is available in its Annual Report on Form 10-K for the year ended December 31, 2025 and other documents filed by OppFi with the SEC. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the registration statement and in the proxy statement/prospectus and other relevant materials to be filed with the SEC. Free copies of these documents may be obtained as described in the preceding paragraph. This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities of OppFi or a solicitation of any vote or approval with respect to the proposed transaction by OppFi or BNCC, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended. Contacts: Investor Relations:[email protected] Media Relations:[email protected] Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. OppFi's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "opportunity," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "possible," "continue," "positions," and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, without limitation, OppFi's expectations with respect to its full year 2026 guidance, the future performance of OppFi's platform and underwriting models, the anticipated launch and performance of its new line of credit product, statements regarding OppFi's proposed acquisition of BNCC, including the anticipated timing, structure, benefits and strategic rationale of the transaction, OppFi's expectations with respect to the geographic expansion and product diversification that may come from the acquisition, and expectations for OppFi's growth and future financial performance. These forward-looking statements are based on OppFi's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside OppFi's control and are difficult to predict. Factors that may cause such differences include, but are not limited to, the impact of general economic conditions, including economic slowdowns, inflation, interest rate changes, recessions, the impact of tariffs, and tightening of credit markets on OppFi's business; the impact of challenging macroeconomic and marketplace conditions; the impact of stimulus or other government programs; risks related to the proposed acquisition of BNCC including the risk that the transactions may not be completed in a timely manner or at all, the failure to satisfy closing conditions or obtain required regulatory approvals, the impact of the transaction on OppFi's governance structure, integration or execution challenges, and adverse reactions from customers or stockholders; whether OppFi will be successful in obtaining declaratory relief against the Commissioner of the Department of Financial Protection and Innovation for the State of California; whether OppFi will be subject to AB 539; whether OppFi's bank partners will continue to lend in California and whether OppFi's financing sources will continue to finance the purchase of participation rights in loans originated by OppFi's bank partners in California; OppFi's ability to scale and grow the Bitty business; the impact that events involving financial institutions or the financial services industry generally, such as actual concerns or events involving liquidity, defaults, or non-performance, may have on OppFi's business; risks related to any material weakness in OppFi's internal controls over financial reporting; the ability of OppFi to grow and manage growth profitably and retain its key employees; risks related to new products; risks related to evaluating and potentially consummating acquisitions; concentration risk; risks related to OppFi's ability to comply with various covenants in its corporate and warehouse credit facilities; risks related to potential litigation; changes in applicable laws or regulations, including, but not limited to, impacts from the One Big Beautiful Bill Act; the possibility that OppFi may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties indicated from time to time in OppFi's filings with the United States Securities and Exchange Commission, in particular, contained in the section captioned "Risk Factors." OppFi cautions that the foregoing list of factors is not exclusive, and readers should not place undue reliance upon any forward-looking statements, which speak only as of the date made. OppFi does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based. Non-GAAP Financial Measures This press release includes certain non-GAAP financial measures that are unaudited and do not conform to GAAP, such as Adjusted EBT, Adjusted Net Income, and Adjusted EPS. Adjusted EBT is defined as Net Income, adjusted for (1) income tax expense; (2) change in fair value of warrant liabilities; (3) other adjustments, net; and (4) other income. Adjusted Net Income is defined as Adjusted EBT as defined above, adjusted for taxes assuming a tax rate for each period presented that reflects the U.S. federal statutory rate of 21% and a blended statutory rate for state income taxes, in order to allow for a comparison with other publicly traded companies. Adjusted EPS is defined as Adjusted Net Income as defined above, divided by weighted average diluted shares outstanding, which represents shares of both classes of common stock outstanding and includes the impact of dilutive securities, such as restricted stock units, performance stock units, and stock options. These non-GAAP financial measures have not been prepared in accordance with accounting principles generally accepted in the United States and may be different from non-GAAP financial measures used by other companies. OppFi believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends. These non-GAAP measures with comparable names should not be considered in isolation from, or as an alternative to, financial measures determined in accordance with GAAP. See "Reconciliation of Non-GAAP Financial Measures" below for reconciliations for OppFi's non-GAAP financial measures to the most directly comparable GAAP financial measures. Consolidated Statements of Operations The following tables present consolidated statements of operations for the three and six months ended June 30, 2026 and 2025 (in thousands, except share and per share data). Certain columns and rows may not sum due to the use of rounded numbers for disclosure purposes. Percentages presented are calculated from the underlying whole-dollar amounts. Condensed Consolidated Balance Sheets The following table presents consolidated balance sheets as of June 30, 2026 and December 31, 2025 (in thousands). Certain columns and rows may not sum due to the use of rounded numbers for disclosure purposes. Percentages presented are calculated from the underlying whole-dollar amounts. Condensed Consolidated Statement of Cash Flows The following table presents the consolidated statement of cash flows for the six months ended June 30, 2026 and 2025 (in thousands). Certain columns and rows may not sum due to the use of rounded numbers for disclosure purposes. Percentages presented are calculated from the underlying whole-dollar amounts. Financial Capacity and Capital Resources As of June 30, 2026, OppFi had $64.3 million in unrestricted cash, an increase of $14.9 million from December 31, 2025. As of June 30, 2026, OppFi had an additional $173.5 million of unused debt capacity under its financing facilities for future availability, representing a 39% overall undrawn capacity, a decrease from $203.6 million as of December 31, 2025. The decrease in undrawn debt was driven primarily by the termination of the Gray Rock SPV LLC revolving line of credit. Including total financing commitments of $450.0 million and cash and restricted cash on the balance sheet of $91.8 million, OppFi had approximately $541.8 million in funding capacity as of June 30, 2026. Reconciliation of Non-GAAP Financial Measures The following tables present reconciliations of non-GAAP financial measures for the three and six months ended June 30, 2026 and 2025 (in thousands, except share and per share data). Certain columns and rows may not sum due to the use of rounded numbers for disclosure purposes. Percentages presented are calculated from the underlying whole-dollar amounts. Adjusted EBT and Adjusted Net Income Comparison of the three months ended June 30, 2026 and 2025 Comparison of the six months ended June 30, 2026 and 2025 Adjusted Earnings Per Share Comparison of the three months ended June 30, 2026 and 2025 Comparison of the six months ended June 30, 2026 and 2025 View original content to download multimedia:https://www.prnewswire.com/news-releases/oppfi-reports-second-quarter-2026-results-record-second-quarter-revenue-302847461.html

OppFi Inc. (OPFI) came out with quarterly earnings of $0.33 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.45 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -31.25%. A quarter ago, it was expected that this company would post earnings of $0.33 per share when it actually produced earnings of $0.35, delivering a surprise of +6.06%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. OppFi, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $145.17 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 9%. This compares to year-ago revenues of $142.44 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. OppFi shares have lost about 10.1% since the beginning of the year versus the S&P 500's gain of 13.3%. While OppFi has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for OppFi was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.53 on $173.57 million in revenues for the coming quarter and $1.80 on $662.63 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial Transaction Services is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Usio Inc (USIO), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 12. This company is expected to post quarterly loss of $0.01 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Usio Inc's revenues are expected to be $23.61 million, up 18.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OppFi Inc. (OPFI) : Free Stock Analysis Report Usio Inc (USIO) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Shift4 Payments (FOUR) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.92%. A quarter ago, it was expected that this company would post earnings of $0.99 per share when it actually produced earnings of $0.97, delivering a surprise of -2.02%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Shift4 Payments, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $624 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.48%. This compares to year-ago revenues of $413.4 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Shift4 Payments shares have lost about 15.2% since the beginning of the year versus the S&P 500's gain of 12.8%. While Shift4 Payments has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Shift4 Payments was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.62 on $682.43 million in revenues for the coming quarter and $5.59 on $2.54 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial Transaction Services is currently in the bottom 39% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, OppFi Inc. (OPFI), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 10. This company is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of +6.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. OppFi Inc.'s revenues are expected to be $159.52 million, up 12% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Shift4 Payments, Inc. (FOUR) : Free Stock Analysis Report OppFi Inc. (OPFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Euronet Worldwide (EEFT) came out with quarterly earnings of $2.82 per share, missing the Zacks Consensus Estimate of $2.97 per share. This compares to earnings of $2.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.05%. A quarter ago, it was expected that this electronic payments and transactions processor would post earnings of $1.42 per share when it actually produced earnings of $1.58, delivering a surprise of +11.27%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Euronet Worldwide, which belongs to the Zacks Financial Transaction Services industry, posted revenues of $1.11 billion for the quarter ended June 2026, missing the Zacks Consensus Estimate by 3.42%. This compares to year-ago revenues of $1.07 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Euronet Worldwide shares have added about 9.9% since the beginning of the year versus the S&P 500's gain of 6.9%. While Euronet Worldwide has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Euronet Worldwide was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $3.91 on $1.24 billion in revenues for the coming quarter and $10.93 on $4.57 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial Transaction Services is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, OppFi Inc. (OPFI), has yet to report results for the quarter ended June 2026. The results are expected to be released on August 10. This company is expected to post quarterly earnings of $0.48 per share in its upcoming report, which represents a year-over-year change of +6.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. OppFi Inc.'s revenues are expected to be $159.52 million, up 12% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Euronet Worldwide, Inc. (EEFT) : Free Stock Analysis Report OppFi Inc. (OPFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research