Oportun Financial

Oportun has appointed Scott Scheirman to its board of directors; he will serve as an independent member, chair of the audit and risk committee, and member of the compensation and leadership committee. With his appointment the board grows to eight members. Scheirman brings more than 30 years of experience in financial services, payments, risk management and capital markets, most recently as CEO of CPI Card Group and previously in senior finance roles at Western Union and First Data. Oportun offers loan, savings and budgeting services and has originated more than $22.7 billion in loans since its founding. » More on de.investing.com

Oportun reported Q2 2026 revenue of $233 million, adjusted EPS of $0.42 and adjusted EBITDA of $49 million, with core operating metrics beating forecasts. Diluted GAAP EPS was $0.17, below expectations, but investors focused on improved credit trends, lower interest expense and the raise to full-year adjusted EBITDA guidance. The delinquency rate (>30 days) fell to 4%, the company remained GAAP-profitable and announced higher EBITDA expectations for Q3 and the full year. The stock rose 4.79% in after-hours trading. » More on de.investing.com

Oportun and Column N.A. have entered a partnership in which Column, as a nationally licensed bank, issues unsecured personal loans while Oportun provides the platform, marketing, servicing and supporting services. Column takes on regulatory responsibility and compliance, and Oportun remains responsible for customer acquisition and loan management. The agreement is intended to support Oportun’s goal of expanding access to financial services; analysts currently view Oportun’s stock as attractively valued. » More on de.investing.com