Oportun Financial Corporation

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Oportun Financial Corporation reports strong Q3 performance and eyes growth

Oportun Financial Corporation's Q3 2024 performance showcased improved credit metrics, cost efficiencies, and strategic balance sheet actions, setting the stage for future growth.
The company's strengths in profitability, growth initiatives, and financial discipline align with its 2025 outlook of driving adjusted EPS in the teens.
While challenges like economic uncertainties and competitive pressures persist, Oportun's focus on opportunities in expansion, partnerships, and marketing investments signals a positive trajectory.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Oportun Financial Corp. operates as a digital banking platform. Its credit and digital banking products include personal loans, secured personal loans, credit cards, savings, direct, and investment and retirement. The company was founded in August 2005 and is headquartered in San Carlos, CA.

SAN CARLOS, Calif., July 13, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun”), a financial services company and digital platform that provides hardworking people with responsible, affordable, and credit-building alternatives to payday and auto title loans, today announced that it is expanding its secured personal loan product to the state of Florida.

Oportun Expands Secured Personal Loans Product to Florida

SAN CARLOS, Calif., June 16, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT), today announced that its Chief Executive Officer, Raul Vazquez, will participate in a virtual fireside chat at the Jefferies Virtual Consumer Conference on Tuesday, June 22, 2021. The fireside chat will be available via webcast and will begin at 10:55 AM Eastern Time.

Oportun to Participate in the Jefferies Virtual Consumer Conference

SAN CARLOS, Calif., May 10, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun”), a financial services company that leverages its digital platform to provide hard working people with responsible, affordable, and credit-building alternatives to payday and auto-title loans, today announced the issuance of $500 million of three-year asset-backed notes secured by a pool of unsecured and secured personal installment loans.

Oportun Completes $500 Million Oversubscribed Asset-backed Securitization

Oportun Financial Corporation (OPRT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Oportun Financial Corporation (OPRT) Surges 10.3%: Is This an Indication of Further Gains?

Oportun Financial Corporation (OPRT) CEO Raul Vazquez on Q1 2021 Results - Earnings Call Transcript

Oportun Financial Corporation (OPRT) delivered earnings and revenue surprises of 105.00% and -8.27%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Oportun Financial Corporation (OPRT) Q1 Earnings Surpass Estimates

GAAP Diluted EPS of $0.10 and Adjusted EPS of $0.41 Driven By Solid Credit Performance GAAP Diluted EPS of $0.10 and Adjusted EPS of $0.41 Driven By Solid Credit Performance

Oportun Reports First Quarter 2021 Financial Results

SAN CARLOS, Calif., April 15, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT) will release financial results for the first quarter 2021 on Thursday, May 6, 2021, after market close. Oportun will host a conference call and earnings webcast to discuss results at 5:00 pm ET / 2:00 pm PT on that day.

Oportun to report first quarter 2021 financial results on Thursday, May 6, 2021

SAN CARLOS, Calif., April 08, 2021 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a financial services company that leverages its digital platform to provide hardworking people with responsible, affordable, and credit-building alternatives to payday and auto title loans, today published a statement of support for the Equality Act (H.R.5).

Oportun Announces Statement of Support for The Equality Act (H.R.5)

SAN CARLOS, Calif., April 05, 2021 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a financial services company that leverages its digital platform to provide hardworking people with responsible, affordable, and credit-building alternatives to payday and auto title loans, today published its 2020 Corporate Responsibility and Sustainability Report.

Oportun Releases 2020 Corporate Responsibility & Sustainability Report

Oportun continues to advance economic equity with its A.I.-driven credit underwriting, providing hardworking people with affordable credit and a path to the financial mainstream Oportun continues to advance economic equity with its A.I.-driven credit underwriting, providing hardworking people with affordable credit and a path to the financial mainstream

Oportun Surpasses 4 Million Loans and $10 Billion in Originations

SAN CARLOS, Calif., March 08, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun”), a financial services company that leverages its digital platform to provide hard working people with responsible, affordable, and credit-building alternatives to payday and auto-title loans, today announced the issuance of $375 million of two-year asset-backed notes secured by a pool of its unsecured personal installment loans.

Oportun Completes $375 Million Asset-backed Securitization

Oportun Financial Corporation (OPRT) CEO Raul Vazquez on Q4 2020 Results - Earnings Call Transcript

Shares of Oportun Financial (NASDAQ:OPRT) fell in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 36.17% year over year to $0.60, which beat the estimate of $0.11.

Oportun Financial: Q4 Earnings Insights

Net Income of $8.5 million or $0.29 per diluted share

Oportun Reports Fourth Quarter 2020 Results

SAN CARLOS, Calif., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT) will release financial results for the fourth quarter 2020 on Thursday, February 18, 2021, after market close. Oportun will host a conference call and earnings webcast to discuss results at 5:00 pm ET / 2:00 pm PT on that day.

Oportun to report fourth quarter 2020 financial results on Thursday, February 18, 2021

SAN CARLOS, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT), a mission-driven financial institution providing inclusive, affordable financial services, today announced it has submitted an application with the OCC to establish Oportun Bank, N.A.

Oportun Applies for National Bank Charter with the Office of the Comptroller of the Currency (OCC)

Oportun Financial Corporation (OPRT) CEO Raul Vazquez on Q3 2020 Results - Earnings Call Transcript

SAN CARLOS, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial institution, today announced a partnership with MetaBank®, N.A., a national bank, to make affordable and responsible personal loans capped at a 36% APR, available to consumers across the nation. Expected to launch in mid-2021, the partnership will offer affordable personal loans that are designed for low- and moderate-income (LMI) individuals with limited or no credit history. This program creates more opportunities for financial access to LMI individuals beyond Oportun's current state-licensed footprint.

Oportun and MetaBank announce partnership to make affordable and responsible personal loans available across the nation

Partnership with MetaBank, N.A. to make affordable and responsible personal loans available across the nation Partnership with MetaBank, N.A. to make affordable and responsible personal loans available across the nation

Oportun Reports Third Quarter 2020 Financial Results

SAN CARLOS, Calif., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT) will release financial results for the third quarter 2020 on Tuesday, November 10, 2020, after market close. Oportun will host a conference call and earnings webcast to discuss results at 5:00 pm ET / 2:00 pm PT on that day.

Oportun to report third quarter 2020 financial results on Tuesday, November 10, 2020

Will celebrate National Voter Registration Day by registering voters in its network of retail locations;  makes Election Day a paid holiday/day of civic engagement for all U.S. employees; working with election officials to leverage retail locations as polling or ballot drop-off locations

Oportun commits to increasing voter registration and turnout

Landmark bill to diversify corporate boardrooms Landmark bill to diversify corporate boardrooms

Oportun applauds the passage of California AB 979

SAN CARLOS, Calif., Aug.  31, 2020  (GLOBE NEWSWIRE) -- Oportun Financial Corporation (“Oportun” or the “Company”) (Nasdaq: OPRT) today announced that its Chief Executive Officer Raul Vazquez and its Chief Financial Officer Jonathan Coblentz will participate in a virtual fireside chat at the Barclays Global Financial Services Conference on Monday, September 14, 2020. The fireside chat will be available via webcast and will begin at 3:30 pm Eastern Time.

Oportun to participate in the Barclays 2020 Global Financial Services Conference

Mission-driven lender earns a top workplace designation for six years running for commitment to fulfilling, inclusive, and rewarding culture Mission-driven lender earns a top workplace designation for six years running for commitment to fulfilling, inclusive, and rewarding culture

News for Oportun Financial Corporation Stock (OPRT)