OppFi Inc. operates a financial technology platform that allows banks to offer lending products. Its platform facilitates the installment loan products, OppLoans and SalaryTap; and the credit card product, OppFi Card. The company is based in Chicago, Illinois.
IPO Year: 2020
Exchange: NYSE
Website: oppfi.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/12/2025 | Mkt Outperform → Mkt Perform | JMP Securities | |
3/11/2022 | $10.00 → $6.00 | Market Outperform | JMP Securities |
3/11/2022 | $10.00 → $4.50 | Buy | Needham |
8/20/2021 | $7.00 | Neutral | Piper Sandler |
8/17/2021 | $10.00 | Buy | Needham |
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
4 - OppFi Inc. (0001818502) (Issuer)
JMP Securities downgraded Opportunity Financial from Mkt Outperform to Mkt Perform
JMP Securities reiterated coverage of OppFi with a rating of Market Outperform and set a new price target of $6.00 from $10.00 previously
Needham reiterated coverage of OppFi with a rating of Buy and set a new price target of $4.50 from $10.00 previously
Piper Sandler initiated coverage of OppFi with a rating of Neutral and set a new price target of $7.00
Needham initiated coverage of OppFi with a rating of Buy and set a new price target of $10.00
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8-K - OppFi Inc. (0001818502) (Filer)
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans, will report financial results for its first quarter 2025 before the market open on Wednesday, May 7, 2025. Management will host a conference call on May 7, 2025 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The conference call webcast will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 International: (203) 518-9814 Confere
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans, today announced that its Board of Directors (the "Board") has declared a $0.25 per share special dividend to be payable on April 18, 2025 to holders of record of the Company's Class A common stock as of the close of business on April 8, 2025. "We are proud to announce our second special dividend as a public company, which underscores our confidence in our earnings potential. Our consistent outperformance enables us to reward stockholders with this dividend, in addition to paying off our corporate debt ear
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to subprime borrowers, announced today that it has been selected as the winner of the "Best Personal Finance Company" award in the ninth annual FinTech Breakthrough Awards. For nearly a decade, the annual FinTech Breakthrough Awards have highlighted the creativity, hard work and success of the most innovative companies in the global FinTech industry. FinTech Breakthrough has selected OppFi for the third time in the last four years for both "Best Personal Finance Company" and "Best Consumer Lending Company." This yea
Tenth consecutive year of net income Net income increased 112.4% year over year to $83.8 million for full-year 2024 Adjusted net income1 increased 99.2% year over year to $82.7 million for full-year 2024, a Company record Basic and diluted earnings per share ("EPS") of $0.36 for the full-year 2024, an increase of $0.42 from basic and diluted loss per share of $0.06 for full-year 2023 Adjusted EPS1 increased 95.5% year over year to $0.95 for full-year 2024, a Company record Net charge-offs as a percentage of total revenue fell by 440 basis points year over year to 39.1% for full-year 2024 Average yield increased by 416 basis points year over year to 131.4% for full-year 2024 Net incom
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its fourth quarter and full year 2024 before the market-open on Wednesday, March 5, 2025. Management will host a conference call on March 5, 2025 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The conference call webcast will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 225-9448 Interna
OppFi Inc. (NYSE:OPFI) ("OppFi " or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced the Company increased the existing revolving credit facility among one of the Company's subsidiaries and affiliates of Blue Owl Capital Inc. ("Blue Owl") to $300 million, up from $250 million. Blue Owl acquired Atalaya Capital Management in September 2024. "The increase in our credit facility with Blue Owl is a testament to the strength of our business and our commitment to facilitating credit access for hard-working consumers," said Todd Schwartz, Chief Executive Officer and E
LawFi, Inc., ("LawFi") a pioneering Legal Fintech Lender and the inventor of the "Legal Fee Loan" is pleased to announce the addition of Pamela Johnson to our growing team. Pam has signed on as an Advisor to help guide our financial team and activities. Pam is the current Chief Financial Officer for the publicly traded specialty finance company, OppFi Inc. (NYSE:OPFI). She is a seasoned and respected CFO in the consumer lending space, having extensive public and private company experience in managing all aspects of accounting, financial reporting, taxes, and running a loan book. She is an expert financial management strategist and strong financial leader capable of overseeing our financia
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, today announced that Pam Johnson, CFO and Manny Chagas, COO will present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, FL.- on December 4 at 11:00 a.m. ET. A video webcast of the presentation will be available the following day on the Company's website investors.oppfi.com. The webcast will be archived on the company's website for 90 days following the event. About OppFi O
Net income increased 106.4% year over year to $32.1 million, a Company record for any quarter Adjusted net income1 increased 116.2% year over year to $28.8 million, a Company record for any quarter Basic and diluted EPS of $0.21 and $0.21, respectively Adjusted EPS1 increased 112.4% year over year to $0.33 Net charge-off rate as a percentage of total revenue decreased 810 basis points year over year to 34.3% Average yield, annualized increased by 540 basis points year over year to 133.9% Total revenue increased 2.6% year over year to $136.6 million, a Company record for any quarter Adjusted EPS1 guidance for full-year 2024 increased to $0.85 to $0.87 from $0.73 to $0.75 OppFi Inc. (
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its third quarter 2024 before the market-open on Thursday, November 7, 2024. Management will host a conference call on November 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 Internatio
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Kaplan, former CEO of OppFi and Co-Founder of Insureon will lead Cadre's next chapter as Williams also assumes role of Co-Chairman of Global Investment Committee Ryan Williams, Founder and CEO of Cadre, today announced his decision to assume the roles of Executive Chairman and Co-Chairman of Cadre's Global Investment Committee, and to appoint Jared Kaplan, an entrepreneurial executive with extensive operating experience leading fintech firms, as Cadre's next CEO. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220623005370/en/Ryan Williams, Founder, Executive Chairman and Co-Chairman of Global Investment Committee, Cadre (Photo:
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointments of Manuel ("Manny") Chagas as Chief Operating Officer and Shaun Smolarz as Head of Investor Relations. In his role as Chief Operating Officer, Chagas will manage OppFi's people team, operations functions, and banking partnerships to attain greater productivity as well as optimize employee and customer experiences. "We are fortunate to add Manny to our senior leadership team," said Todd Schwartz, Chief Executive Officer and Executive Chairman of OppFi. "He has an impressive track record of improvin
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, today announced the appointment of Ms. Pamela ("Pam") Johnson as the Company's Chief Financial Officer. Johnson joined OppFi as Chief Accounting Officer in 2021. Previously, she was Chief Financial Officer for more than 10 years at consumer finance companies Heights Finance Corporation and Pioneer Financial Services. Johnson also served nine years in accounting with a large, regional bank. She began her career in public accounting at KPMG. Johnson will replace Mr. Shiven Shah, who served as the Company's Chief Financial Officer f
Schwartz to Execute New Strategic Vision for the Company Company Reaffirms 2021 Revenue and Adjusted Net Income Outlook and Provides Additional 2021 Financial Outlook OppFi Inc. ("OppFi" or the "Company") (NYSE:OPFI), a leading financial technology platform that helps everyday consumers gain access to credit, announced today that the Company's Board of Directors has appointed Todd Schwartz as Chief Executive Officer and that Neville Crawley has stepped down from his positions as Chief Executive Officer and a Director. Schwartz founded OppFi in 2012 and has served as Executive Chairman since 2015; he will continue to serve as Chairman of the Board. This press release features multimedia. V
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans, will report financial results for its first quarter 2025 before the market open on Wednesday, May 7, 2025. Management will host a conference call on May 7, 2025 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The conference call webcast will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 International: (203) 518-9814 Confere
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a leading tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans, today announced that its Board of Directors (the "Board") has declared a $0.25 per share special dividend to be payable on April 18, 2025 to holders of record of the Company's Class A common stock as of the close of business on April 8, 2025. "We are proud to announce our second special dividend as a public company, which underscores our confidence in our earnings potential. Our consistent outperformance enables us to reward stockholders with this dividend, in addition to paying off our corporate debt ear
Tenth consecutive year of net income Net income increased 112.4% year over year to $83.8 million for full-year 2024 Adjusted net income1 increased 99.2% year over year to $82.7 million for full-year 2024, a Company record Basic and diluted earnings per share ("EPS") of $0.36 for the full-year 2024, an increase of $0.42 from basic and diluted loss per share of $0.06 for full-year 2023 Adjusted EPS1 increased 95.5% year over year to $0.95 for full-year 2024, a Company record Net charge-offs as a percentage of total revenue fell by 440 basis points year over year to 39.1% for full-year 2024 Average yield increased by 416 basis points year over year to 131.4% for full-year 2024 Net incom
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its fourth quarter and full year 2024 before the market-open on Wednesday, March 5, 2025. Management will host a conference call on March 5, 2025 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The conference call webcast will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 225-9448 Interna
Net income increased 106.4% year over year to $32.1 million, a Company record for any quarter Adjusted net income1 increased 116.2% year over year to $28.8 million, a Company record for any quarter Basic and diluted EPS of $0.21 and $0.21, respectively Adjusted EPS1 increased 112.4% year over year to $0.33 Net charge-off rate as a percentage of total revenue decreased 810 basis points year over year to 34.3% Average yield, annualized increased by 540 basis points year over year to 133.9% Total revenue increased 2.6% year over year to $136.6 million, a Company record for any quarter Adjusted EPS1 guidance for full-year 2024 increased to $0.85 to $0.87 from $0.73 to $0.75 OppFi Inc. (
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its third quarter 2024 before the market-open on Thursday, November 7, 2024. Management will host a conference call on November 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website at investors.oppfi.com. The conference call can also be accessed with the following dial-in information: Domestic: (800) 274-8461 Internatio
Net income increased 53.1% year over year to $27.7 million, a Company record for a second quarter Adjusted net income increased 56.2% year over year to $24.8 million, a Company record for a second quarter Basic and diluted EPS of $0.16 and $0.16, respectively Adjusted EPS increased 53.5% year over year to $0.29 Net charge-off rate as a percentage of total revenue decreased 370 basis points year over year to 32.5% Total revenue yield increased by 600 basis points year over year to 134.8% Total revenue increased 3.1% year over year to $126.3 million, a Company record for a second quarter Adjusted EPS guidance for full-year 2024 increased to $0.73 to $0.75 from $0.58 to $0.62 A
Led by proven operator and industry leader Craig Hecker, Bitty is a profitable and growing platform that provides credit access to underserved small businesses The transaction implies a 6.0x purchase multiple on adjusted net income for the trailing twelve months ending March 31, 2024 and is expected to be immediately accretive to OppFi earnings OppFi expects to continue evaluating strategic acquisition opportunities in new and existing verticals to further facilitate credit access OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, toda
OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans, will report financial results for its second quarter 2024 before the market-open on Wednesday, August 7, 2024. Management will host a conference call on August 7, 2024 at 9:00 a.m. ET to discuss OppFi's financial results and business outlook. The webcast of the conference call will be available on the Investor Relations section of the Company's website. The conference call can also be accessed with the following dial-in information: Domestic: (800) 225-9448 International: (203) 518-9708 Co
Total revenue increased 5.8% year over year to $127.3 million Net income increased 157.8% year over year to $10.1 million Adjusted net income increased 127.8% year over year to $8.8 million Basic and Diluted EPS of $0.29 and $0.10, respectively Adjusted EPS increased 123.0% year over year to $0.10 Unrestricted cash of $47.2 million and total receivable funding capacity of $613.7 million at the end of the first quarter of 2024 Annualized net charge-off rate as a percentage of total revenue decreased 110 basis points year over year to 47.9% Total revenue yield increased by 350 basis points year over year to 129.5% Adjusted EPS guidance for full-year 2024 increased to $0.58 to