OppFi A

OppFi reported Q1 2026 revenue of $151.9m (estimate $151.15m) and adjusted EPS of $0.35 (expectation $0.32). Reported net income rose sharply but was aided by revaluations of warrant liabilities; the more operationally relevant adjusted net income fell 11.2% to $30.0m. Higher loan losses were a drag (net write-offs equal 42.5% of revenue), while OppFi cut costs, generated $69.3m of free cash flow and announced share buybacks. Management reiterated full-year guidance of $650–675m revenue and $153–160m adjusted net income. » More on de.investing.com

OppFi reported Q1 2026 EPS of $0.35 (estimate $0.32) and revenue of $151.9 million, with both metrics slightly above expectations. The stock rose 3.79% in premarket trading to $10.12. Management emphasized growth potential from the LOLA system and the planned BNC acquisition, but faces higher net charge-offs and declining loan originations. OppFi reaffirmed its full-year guidance and expects tailwinds from new products and the closing of the BNC transaction in Q4 2026. » More on de.investing.com

OppFi has signed a definitive agreement to acquire BNCCORP and BNC National Bank for about $130 million. BNCC shareholders will receive $19.375 in cash and 1.90 shares of OppFi Class A common stock per share; OppFi shareholders are expected to own about 93% of the combined company after closing. The transaction is expected to close in Q4 2026 and is subject to customary shareholder and regulatory conditions; OppFi plans to operate as a bank holding company after closing and to continue BNC as a community-banking division under Dan Collins. OppFi has also simplified its capital structure to a C-Corp and terminated the tax receivable agreement, resulting in a one-time payment of about $40.8 million. » More on de.investing.com

On April 10, OppFi amended its revolving credit agreement and, as part of the restructuring, purchased receivables from the Gray‑Rock facility to pay down the related liabilities. On April 15, the company terminated the total‑return swaps with Midtown without penalty and drew about $46.5 million under the amended credit facility; the acquired receivables now serve as collateral. OppFi emphasizes a strong liquidity position and a high current ratio; most recently, Q4 2025 EPS slightly beat expectations while revenue missed. Analysts maintained a “Market Outperform” rating with a $16.00 price target. » More on de.investing.com

OppFi reported adjusted earnings per share of $0.30 and GAAP net income of $38.4 million for Q4 2025, lifting the net margin to 24.1%. Quarterly revenue was $159.2 million; full-year 2025 revenue was $597.1 million with adjusted net income of $139.8 million. Improved operational efficiency sharply reduced the cost ratio, while credit quality showed seasonal deterioration in Q4; however, charge-off rates improved for the year. For 2026 management expects revenue of $650–675 million and adjusted net income of $153–160 million, supported by new models and the Lola platform. » More on de.investing.com