Welcome to our dedicated page for Oportun Financial news (Ticker: OPRT), a resource for investors and traders seeking the latest updates and insights on Oportun Financial stock.
Oportun Financial Corporation reports news as a mission-driven financial services company focused on intelligent borrowing, savings, and budgeting capabilities for its members. Company updates commonly address consumer credit products, personal installment lending, originations, portfolio yield, net charge-offs, funding costs, liquidity, and profitability measures such as GAAP net income, adjusted EPS, and Adjusted EBITDA.
Oportun news also includes capital and funding developments tied to asset-backed securitizations and warehouse facilities, along with leadership changes, board matters, shareholder governance activity, investor conference participation, and customer-service recognition in financial services.
Oportun Financial Corporation (OPRT) granted inducement equity awards to its Chief Risk Officer, Sean Rowles, effective September 10, 2026, under Nasdaq Listing Rule 5635(c)(4).
The grant includes 382,653 time-based restricted stock units (RSUs) and 127,551 performance-vesting RSUs (PSUs). RSUs vest over three years, with one-third after one year and the remainder in eight quarterly installments. PSUs may vest after a three-year performance period, subject to performance goals and continued service.
Oportun (OPRT) appointed Bill Franklin as Chief Financial Officer, effective September 8, 2026.
Franklin will lead the company’s finance organization and work with the executive leadership team on financial strategy, operating discipline, and long-term value creation. He brings more than 20 years of financial leadership experience, including senior roles at Discover Financial Services in consumer banking, financial planning and analysis, capital markets, investor relations, and corporate development.
Oportun (Nasdaq: OPRT) appointed Scott Scheirman to its Board of Directors as an independent director, effective August 11, 2026, bringing the Board to eight members. He will chair the Audit & Risk Committee and serve on the Compensation & Leadership Committee.
Scheirman has over 30 years of executive and finance experience, including roles as President and CEO of CPI Card Group, CEO and co-founder of JKL Ventures, and EVP & CFO of The Western Union Company.
Oportun (Nasdaq: OPRT) reported second quarter 2026 GAAP net income of approximately $9 million, up 24% year-over-year, and GAAP diluted EPS of $0.17, up 21%. Adjusted EBITDA increased 56% to $49 million and Adjusted EPS rose 35% to $0.42, while total revenue was essentially flat at $233 million versus $234 million a year earlier.
Net interest margin expanded 274 basis points to 29.0% as cost of debt fell to 6.3%, aided by repayment of $87.5 million in corporate debt and favorable non-cash interest recognition. The annualized net charge-off rate was 12.0% and the 30-plus day delinquency rate improved to 4.0%, the lowest since 4Q21. Management raised full-year 2026 Adjusted EBITDA guidance to $160–$175 million and improved its annualized net charge-off outlook by 20 basis points, while guiding 3Q 2026 revenue to $235–$240 million.
Oportun (Nasdaq: OPRT) introduced Smart Bills, an AI-powered feature within its Set & Save product that helps members automatically set aside “safe-to-save” amounts for recurring expenses like rent, utilities, insurance, subscriptions, and car payments. Members can set limits, pause savings, or withdraw anytime, and early users have collectively saved over $14 million, averaging 48% more monthly savings than Set & Save alone.
Oportun (Nasdaq: OPRT) announced it has been named to CNBC’s World’s Top Fintech Companies 2026 list for the third consecutive year. The company was recognized in the Wealth Technology category for its technology-driven borrowing, savings, and budgeting tools that support financial well-being. The CNBC and Statista ranking evaluated more than 2,000 fintech companies worldwide using publicly available information.
Oportun (Nasdaq: OPRT) will release its second quarter 2026 financial results on Wednesday, August 5, 2026, after market close. The company will host a conference call and earnings webcast that day at 5:00 pm ET / 2:00 pm PT, accessible via its investor relations website, with a replay available for one year.
Oportun (Nasdaq: OPRT) announced a new lending partnership with Column N.A. to support Oportun’s unsecured personal loan program. Column, a nationally chartered bank, will originate unsecured personal loans, while Oportun will provide the platform, marketing, servicing, and program support under Column’s oversight and regulatory requirements.
The collaboration aims to expand access to responsible credit, leverage Column’s modern banking and compliance foundation, and support Oportun’s long-term growth strategy and scalable lending business focused on its members.
Oportun (Nasdaq: OPRT) awarded college scholarships to 30 students from California and Florida through its 2026 Oportun Scholarship Program. The need-based program honors academic achievement, leadership, resilience, and community impact while supporting access to higher education and financial mobility.
Each recipient receives a scholarship plus four years of complimentary access to Oportun’s Set and Save™ app, with savings matched up to $500. Launched in 2023, the program has supported 86 scholars to date and is open to full-time undergraduates, with preference for non-medical STEM and finance majors. Applications for 2027 open after January 1, 2027, and the program is administered with Scholarship America.
Oportun (Nasdaq: OPRT) appointed Sean Rowles as Chief Risk Officer, effective June 17, 2026, to lead risk and credit functions.
He succeeds Patrick Kirscht, who steps down after 18 years. Rowles brings 30+ years in global financial services, including senior roles at Imprint and PayPal.