OppFi Inc. reports news as a tech-enabled digital finance platform that works with banks to provide financial products and services for everyday Americans. Company updates commonly cover quarterly and annual operating results, revenue from installment and SalaryTap contracts, receivables balances, bank-partner credit products, and the OppLoans by OppFi consumer platform.
Recurring developments also include capital allocation through Class A common stock repurchases, financing and revolving credit arrangements tied to receivables, underwriting and risk-based pricing commentary, and OppFi's equity interest in Bitty Holdings, LLC, which offers revenue-based financing and other working-capital solutions to small businesses.
OppFi (OPFI) reported third-quarter 2026 revenue of $149.230 million, down year over year as earnings and loan originations also declined. Net income fell 54.6% to $34.479 million, and diluted earnings per share fell to $0.40 from $0.77. Adjusted net income, a non-GAAP measure, declined 22.5% to $31.559 million.
Net originations declined 6.8% to $229.348 million. Annualized net charge-offs, loans written off less recoveries, rose to 52.6% of average receivables from 46.7%. OppFi launched a line of credit product and repurchased $6.7 million of common stock during the quarter. Nine-month revenue rose 1.9% to $446.281 million, while net income declined 3.4%.
OppFi expects full-year revenue of $600 million–$610 million, adjusted net income of $115 million–$120 million and adjusted earnings per share of $1.34–$1.40, based on approximately 86 million weighted average diluted shares.
OppFi (NYSE: OPFI) will report its third-quarter 2026 financial results before the market opens on October 28, 2026. Management will host a conference call that day at 8:30 a.m. ET to discuss results and the business outlook. A live webcast and an archived version will be available on the company's investor relations website.
BNCCORP (BNCC) stockholders have approved the previously announced sale of BNCC and its subsidiary BNC National Bank to OppFi (OPFI) in a cash-and-stock merger on September 17, 2026.
Under the agreement, BNCC stockholders are to receive $19.375 in cash plus 1.9 shares of OppFi Class A common stock for each BNCC share. Completion of the transaction remains subject to customary closing conditions, including required regulatory approvals. The combination is intended to pair OppFi’s tech-enabled online lending platform with BNC’s national bank charter and diversified community-banking infrastructure to create a more diversified and scalable financial-services platform.
OppFi (NYSE: OPFI) announced that its management will participate in two investor conferences in September 2026. The company plans to join the Oppenheimer Fintech Leaders Conference in New York on September 15, 2026, and the U.S. Bancorp | BTIG Consumer Finance Conference 2026 in Boston on September 17, 2026.
OppFi (NYSE: OPFI) reported 2Q26 revenue up 1.9% year over year to a second-quarter record of $145.2 million, while adjusted net income fell 27.0% to $28.8 million and adjusted EPS declined to $0.33 from $0.45. According to OppFi, the weaker quarter led to a lower FY26 outlook, largely tied to delayed line-of-credit (LOC) and LOLA initiatives and macro pressure on consumer affordability, while adjusted operating expenses were held at about 34% of revenue.
Credit metrics showed sequential improvement, with net charge-offs at 39.5% of revenue and 52.3% of average receivables, down from 42.5% and 55.5% in 1Q26, and total net originations rising 20.5% quarter over quarter. OppFi highlights upcoming catalysts including a planned September LOC launch, LOLA migration, and the pending BNCC acquisition, for which management continues to target a 4Q26 close and approximately $3.00 of EPS by 2028.
OppFi (NYSE: OPFI) reported second quarter 2026 total revenue of $145.2 million, up 1.9% year over year and a company record for any second quarter. Q2 net income rose 36.0% to $15.6 million, while diluted EPS improved to $0.18 from a loss of $0.78 in Q2 2025.
For the first half of 2026, total revenue was $297.1 million (+5.1%) and net income was $69.7 million (+118.5%). However, Q2 adjusted net income declined 27.0% to $28.8 million and adjusted EPS fell 25.0% to $0.33. Total net originations decreased 9.3% in Q2 and net charge-offs as a percentage of average receivables increased to 52.3%.
OppFi repurchased $11.2 million of Class A shares at an average price of $9.46 in the first half of 2026 and began using its $40 million repurchase authorization. Full-year 2026 guidance now calls for total revenue of $600–$625 million, adjusted net income of $115–$130 million, and adjusted EPS of $1.34–$1.51.
OppFi (NYSE: OPFI)/b) announced that CEO Todd Schwartz and CFO Pam Johnson will participate in two virtual investor conferences in August 2026: the on August 13-14, 2026 and the 2026 Seaport Research Partners Annual Summer Investor Conference on August 18-19, 2026. According to OppFi, investors can schedule meetings through their Needham or Seaport representatives.
OppFi (NYSE: OPFI) will report its second quarter 2026 financial results after the market closes on Monday, August 10, 2026. Management will hold an earnings conference call the same day at 5:00 p.m. ET, with a live webcast on the Investor Relations section of investors.oppfi.com.
Investors may also join via phone using the domestic dial-in (833) 419-0865, international dial-in (785) 838-9333, and Conference ID OPPFI. An archived webcast will later be available on OppFi's website.
OppFi (NYSE: OPFI) reported Q1 2026 results on May 7, 2026: total revenue was $151.9 million (a company record) and net income was $54.0 million. Adjusted net income fell to $30.0 million. Ending receivables were $444.9 million. The Board approved a new $40 million share repurchase program. Management said the combined strategy with BNC and unified regulatory supervision supports long‑term scalability and product diversification.
OppFi (NYSE: OPFI) agreed to acquire BNCCORP (BNCC) and BNC National Bank in a cash-and-stock transaction valued at approximately $130 million, expected to close in Q4 2026. BNCC stockholders will receive $19.375 cash plus 1.90 OppFi shares per BNCC share, representing ~1.2x BNCC book value ($107M at 12/31/25).
The combined company expects first-year synergies of at least $60M, adjusted EPS accretion >25% in 2027 and >40% in 2028; BNCC holders to own ~7% of the combined firm.