Finvolution Group Stock Price, News & Analysis

FinVolution Group (NYSE: FINV) has announced the pricing of US$130 million convertible senior notes due 2030, with an option for purchasers to buy an additional US$20 million. The notes will bear 2.50% annual interest and are convertible to ADSs at an initial rate of 80.8865 ADSs per US$1,000, equivalent to US$12.36 per ADS - a 30% premium over the June 18 closing price of US$9.51. The company plans to use proceeds for international expansion, working capital, and funding a concurrent share repurchase of 6,377,740 ADSs at US$9.51 per ADS. The notes will mature on July 1, 2030, with holders having the option to require repurchase on July 3, 2028. The offering is expected to close around June 24, 2025, targeting qualified institutional buyers under Rule 144A.

FinVolution Group (NYSE: FINV), a leading fintech platform operating in China, Indonesia and the Philippines, has announced a proposed offering of US$130 million in convertible senior notes due 2030, with an option for purchasers to buy an additional US$20 million. The notes will be convertible into cash, ADSs (each representing five Class A ordinary shares), or a combination thereof. The proceeds will fund international expansion, working capital, and a concurrent ADS repurchase program. The notes will mature on July 1, 2030, with holders having the option to require repurchase on July 3, 2028. The company plans to conduct a concurrent repurchase of ADSs from certain note purchasers to facilitate their hedging activities, with the purchase price based on the last reported ADS price on June 18, 2025.

FinVolution Group (NYSE: FINV) reported strong Q1 2025 financial results with significant growth across key metrics. Total transaction volume reached RMB52.1 billion, up 7.9% YoY, while net revenue increased 10.0% to RMB3,481.0 million. The company's international business showed remarkable growth, with transaction volume up 36.4% to RMB3.0 billion and revenue reaching RMB710.5 million (20.4% of total revenue). Net profit surged 38.7% YoY to RMB737.6 million. The company's cumulative borrower base expanded to 35.0 million across China, Indonesia, and Philippines, adding 1.2 million new borrowers in Q1. The company maintained strong liquidity with RMB8.5 billion in cash and short-term investments, while achieving a diluted net profit per ADS of RMB2.84.

FinVolution Group (NYSE: FINV), a leading fintech platform, has scheduled its first quarter 2025 unaudited financial results announcement for Tuesday, May 20, 2025, after U.S. markets close. The company will host an earnings conference call at 8:30 PM ET on May 20, 2025 (8:30 AM Beijing/Hong Kong Time on May 21, 2025).

The earnings call will be accessible via multiple toll-free and international dial-in numbers. A live and archived webcast will be available on FinVolution's investor relations website. A replay of the conference call will be accessible for one week until May 27, 2025.

FinVolution Group (NYSE: FINV), a leading fintech platform operating in China, Indonesia and the Philippines, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. The report was submitted to the Securities and Exchange Commission (SEC) on April 18, 2025.

The annual report is accessible through the SEC's website and FinVolution's investor relations website. The company will provide shareholders and ADS holders with free hard copies of the annual report, which includes audited consolidated financial statements, upon request.

FinVolution Group (NYSE: FINV) reported strong financial results for 2024, with annual revenue reaching US$1.8 billion (up 4.1% YoY) and net profit of US$327.1 million. Transaction volume increased 6.1% to US$28.2 billion, with outstanding loan balance at US$9.8 billion.

The company's international business showed significant growth, contributing 21.4% of total Q4 revenue. International operations acquired 2.2 million new borrowers (61% YoY increase), with transaction volume exceeding US$1.4 billion and loan balance growing 31% to US$232.9 million.

FinVolution secured key financial licenses in Pakistan, Indonesia, and the Philippines, while strengthening partnerships and expanding BNPL services. The company allocated US$160.4 million to shareholder returns in 2024, representing 49.1% of annual net profit.

The company enhanced its AI capabilities with the launch of proprietary LLM 'Rice Seeds' and the Zeta platform, improving operational efficiency across customer acquisition, risk management, and engagement.

FinVolution Group (NYSE: FINV) has announced a significant increase in its dividend payment to US$0.277 per American Depositary Share, marking a 17% year-over-year increase. The dividend represents a 21.5% payout ratio of net income for FY 2024 and will be distributed on May 7, 2025, to shareholders of record as of April 16, 2025.

The company has declared dividends for seven consecutive years and is implementing an enhanced dividend policy for 2025 onward, targeting a payout ratio between 20% to 30% of net income. Total distributions to shareholders for FY 2024 will amount to US$160.4 million, comprising US$90.2 million in share repurchases and US$70.2 million in dividends, representing a total payout ratio of 49.1%.

The company's previous average dividend payout ratio from 2018 to 2023 was approximately 16%. The new policy demonstrates FinVolution's commitment to increasing shareholder value while maintaining sustainable growth in both Chinese and international markets.

FinVolution Group (NYSE: FINV) has announced a new US$150 million share repurchase program effective March 20, 2025, running through March 19, 2027. This marks the company's fourth buyback initiative, demonstrating confidence in their 'Local Excellence, Global Outlook' strategy.

The company has already deployed approximately US$370 million in share repurchases since their first program launched in March 2018 through December 31, 2024. The new repurchases will be executed through various means including open market purchases, private transactions, and block trades, subject to market conditions and regulations.

Management views the current market environment and the company's strong financial position as an opportune time to enhance shareholder value, particularly given their successful expansion in multiple international markets across China, Indonesia, and the Philippines.

FinVolution Group (NYSE: FINV) reported strong financial results for Q4 and FY2024. Full-year transaction volume reached RMB206.2 billion (+6.1% YoY), with international volume exceeding RMB10.1 billion (+27.8% YoY).

Q4 2024 highlights include net revenue of RMB3,456.7 million (+7.2% YoY) and net profit of RMB680.8 million (+28.7% YoY). The company's international business showed significant growth, with revenue reaching RMB739.3 million (+22.8% YoY), representing 21.4% of total revenue.

Key operational metrics for Q4 2024:

• Cumulative registered users: 172.6 million (+10.9% YoY)
• Transaction volume: RMB54.0 billion (+7.8% YoY)
• Outstanding loan balance: RMB69.8 billion (+5.6% YoY)

The company returned approximately US$160.4 million to shareholders in 2024 through share repurchases (US$90.2 million) and dividend distributions (US$70.2 million).