Oportun Financial
Yahoo Finance • 11 days ago
Oportun Reports Fourth Quarter and Full Year 2024 Financial Results
Returned to GAAP profitability with net income of $9 million in fourth quarter Adjusted EBITDA of $41 million, up 315% year-over-year Quarterly annualized net charge-off rate of 11.7%, lowest since third quarter of 2022 Total quarterly... Full story
Yahoo Finance • 25 days ago
Oportun to Report Fourth Quarter 2024 Financial Results on Wednesday, February 12, 2025
SAN CARLOS, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, will release financial results for its fourth quarter 2024 on Wednesday, February 12, 2025, after market close. O... Full story
Yahoo Finance • last year
Oportun Financial Corporation (NASDAQ:OPRT) is favoured by institutional owners who hold 53% of the company
Key Insights Given the large stake in the stock by institutions, Oportun Financial's stock price might be vulnerable to their trading decisions 51% of the business is held by the top 10 shareholders Analyst forecasts along with ownership... Full story
Yahoo Finance • last year
Oportun Reports Third Quarter 2023 Financial Results
Record revenue of $268 million, 7% year-over-year growth Quarterly operating expense of $123 million, lowest in two years Two new personal loan financing agreements totaling up to $267 million executed $80 million in additional annualiz... Full story
Yahoo Finance • last year
Castlelake to Provide $200 Million Private Structured Financing Solution to Oportun to Finance Personal Loan Product
MINNEAPOLIS and SAN CARLOS, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Castlelake, L.P., a global alternative investment firm specializing in asset-based opportunities and Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced... Full story
Yahoo Finance • last year
Oportun Announces New Spanish-Language Capability and Improved Savings Features in Ongoing Commitment to Financial Inclusion
SAN CARLOS, Calif., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Oportun is a mission-driven fintech that puts the financial goals of its 2 million members within reach. Today, Oportun announced that it has launched the Spanish-language version of... Full story
Yahoo Finance • last year
Oportun and Ellington extend relationship with up to $70 million in new whole loan sales
SAN CARLOS, Calif., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, and Ellington Management Group, an investment management firm dedicated to seeking attractive risk-adjusted returns for institutional... Full story
Yahoo Finance • last year
Oportun to Report Third Quarter 2023 Financial Results on Monday, November 6, 2023
SAN CARLOS, Calif., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its third quarter 2023 on Monday, November 6, 2023, after market close. Oportun will host a confe... Full story
Yahoo Finance • last year
Oportun Announces Series of Corporate Governance Enhancements
SAN CARLOS, Calif., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun” or the “Company”), a mission-driven fintech, announced today that its Board of Directors (the “Board”) approved a series of pro... Full story
Yahoo Finance • last year
Oportun to Present at Sidoti Virtual Investor Conference
SAN CARLOS, Calif., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti September Virtual Investor Conference. Oportun’s Chief Executive Of... Full story
Yahoo Finance • 2 years ago
San Francisco Chronicle Names Oportun a Winner of the Greater Bay Area Top Workplaces 2023 Award
SAN CARLOS, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, has been awarded a Top Workplaces 2023 honor by San Francisco Bay Area Top Workplaces. The list is based solely on employee feedback... Full story
Yahoo Finance • 2 years ago
Oportun releases 2022 Corporate Responsibility & Sustainability Report
SAN CARLOS, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today published its 2022 Corporate Responsibility & Sustainability Report. “Oportun is committed to sustainably driving positive soc... Full story
Yahoo Finance • 2 years ago
Oportun Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
SAN CARLOS, Calif., June 15, 2023 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the "Company") today announced that effective June 10, 2023, it granted a total of 58,702 restricted stock units and 16,210... Full story
Yahoo Finance • 2 years ago
Oportun to Participate in Upcoming Investor Conferences
SAN CARLOS, Calif., June 12, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti Small Cap Conference and the 13th Annual East Coast IDEAS Investor Co... Full story
Yahoo Finance • 2 years ago
Oportun to Report First Quarter 2023 Financial Results on Monday, May 8, 2023
SAN CARLOS, Calif., April 17, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, will release financial results for its first quarter 2023 on Monday, May 8, 2023, after market close.... Full story
Yahoo Finance • 2 years ago
New Study Demonstrates that Oportun Products are on Average Eight Times Less Expensive Than Other Alternatives
SAN CARLOS, Calif., April 03, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today released findings from the latest True Cost of a Loan Study conducted by the Financial Health Net... Full story
Yahoo Finance • 2 years ago
Oportun Informed by Consumer Financial Protection Bureau that it has Concluded its Investigation of Oportun and Will Not Recommend any Enforcement Action
SAN CARLOS, Calif., March 28, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that the Consumer Financial Protection Bureau (CFPB) has informed Oportun, via letter,... Full story
Yahoo Finance • 2 years ago
Oportun to Participate in March Sidoti Virtual Investor Conference
SAN CARLOS, Calif., March 20, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that it will participate in the upcoming March Sidoti Virtual Investor Conference. Opo... Full story
Yahoo Finance • 2 years ago
Oportun Expands Executive Team with Key New Hires
Chief Product Officer, Irfan Ganchi, joins from Meta Chief Technology Officer, Deepak Rao, joins from SoFi SAN CARLOS, Calif., March 15, 2023 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platf... Full story
Yahoo Finance • 2 years ago
Oportun Reports Fourth Quarter and Full Year 2022
4Q22 Aggregate Originations of $610 million, bringing FY22 to $2.9 billion, up 27% 4Q22 Total revenue of $262 million, bringing FY22 to $953 million, up 52% 2023 cost actions enacted to save $48 to 53 million in annualized expenses SAN... Full story
