FinVolution Group downgraded by Citigroup with a new price target
$FINV
Finance: Consumer Services
Finance
Citigroup downgraded FinVolution Group from Buy to Neutral and set a new price target of $5.08 from $5.68 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/20/2025 | $7.80 → $11.80 | Buy → Neutral | UBS |
| 3/18/2025 | $6.00 → $11.00 | Neutral → Buy | Citigroup |
| 12/18/2023 | Buy | Nomura | |
| 7/26/2023 | $6.70 | Buy | Daiwa Securities |
| 3/15/2023 | $5.68 → $5.08 | Buy → Neutral | Citigroup |
| 2/1/2023 | Neutral → Buy | UBS | |
| 9/29/2022 | $6.20 | Buy | China Renaissance |
| 6/1/2022 | $3.27 → $5.33 | Neutral → Buy | Citigroup |
-Represents Approximately 21.5% Payout Ratio of Net Income for FY 2024--Marks seventh consecutive year of dividend declaration--Revised Dividend Policy of between 20% to 30% of net income for 2025 onward- SHANGHAI, March 17, 2025 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE:FINV), a leading fintech platform in China, Indonesia and the Philippines, today announced that its board of directors (the "Board") has approved a cash dividend of US$0.277 per American Depositary Share, which represents a payout ratio of approximately 21.5% of the Company's net income for fiscal year 2024. The dividend is expected to be distributed on or around May 7, 2025 to shareholders o
-Full Year 2024 Transaction Volume reached RMB206.2 billion, up 6.1% year-over-year- -Full Year 2024 International Transaction Volume exceeded RMB10.1 billion, up 27.8% year-over-year- -Full Year International Revenues reached RMB2.5 billion, up 18.5% year-over-year and representing 19.4% of total net revenues- SHANGHAI, March 17, 2025 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE:FINV), a leading fintech platform in China, Indonesia and the Philippines, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024. For the Three Months Ended/As of YoY Change For the Full Year Ended / As of December 31, YoY Cha
-Earnings Call Scheduled for 8:30 p.m. ET on March 17, 2025- SHANGHAI, March 4, 2025 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE:FINV), a leading fintech platform, today announced that it will report its fourth quarter and fiscal year 2024 unaudited financial results, on Monday, March 17, 2025, after the close of U.S. markets. The Company's management will host an earnings conference call at 8:30 PM U.S. Eastern Time on March 17, 2025 (8:30 AM Beijing/Hong Kong Time on March 18, 2025). Dial-in details for the earnings conference call are as follows: United States (toll free): +1-888-346-8982 Canada (toll free): +1-855-669-9657 Internationa
SHANGHAI, April 18, 2025 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE:FINV), a leading fintech platform in China, Indonesia and the Philippines, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the "SEC") on April 18, 2025. The annual report on Form 20-F can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at http://ir.finvgroup.com. The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders u
SHANGHAI, March 18, 2025 /PRNewswire/ -- FinVolution Group (NYSE:FINV), a leading fintech company, today announced its unaudited financial results for 2024, highlighting continued global expansion, strategic collaborations, and advancements in AI-driven credit technology. FinVolution reported annual revenue of US$1.8 billion, a 4.1% year-over-year increase, with net profit remaining stable at US$327.1 million. Transaction volume reached US$28.2 billion, up 6.1%, while outstanding loan balance rose to US$9.8 billion, also a 6.1% increase. FinVolution Group's CEO, Tiezheng Li commented, "We successfully leveraged our strengths in technology, customer acquisition, and retention to deliver soli
-Represents Approximately 21.5% Payout Ratio of Net Income for FY 2024--Marks seventh consecutive year of dividend declaration--Revised Dividend Policy of between 20% to 30% of net income for 2025 onward- SHANGHAI, March 17, 2025 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE:FINV), a leading fintech platform in China, Indonesia and the Philippines, today announced that its board of directors (the "Board") has approved a cash dividend of US$0.277 per American Depositary Share, which represents a payout ratio of approximately 21.5% of the Company's net income for fiscal year 2024. The dividend is expected to be distributed on or around May 7, 2025 to shareholders o
UBS downgraded FinVolution Group from Buy to Neutral and set a new price target of $11.80 from $7.80 previously
Citigroup upgraded FinVolution Group from Neutral to Buy and set a new price target of $11.00 from $6.00 previously
Nomura initiated coverage of FinVolution Group with a rating of Buy
20-F - FinVolution Group (0001691445) (Filer)
6-K - FinVolution Group (0001691445) (Filer)
SCHEDULE 13G/A - FinVolution Group (0001691445) (Subject)
SC 13G/A - FinVolution Group (0001691445) (Subject)
SC 13G/A - FinVolution Group (0001691445) (Subject)
SC 13G/A - FinVolution Group (0001691445) (Subject)