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Oportun Financial Corporation - $OPRT STOCK NEWS

Welcome to our dedicated page for Oportun Financial Corporation news (Ticker: $OPRT), a resource for investors and traders seeking the latest updates and insights on Oportun Financial Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oportun Financial Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oportun Financial Corporation's position in the market.

Rhea-AI Summary
Oportun (OPRT) Grants Restricted Stock Units to New Employees, Vests Over Four Years
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0.23%
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Company X (XYZ) Expresses Serious Concerns in Latest Press Release
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3.85%
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Oportun (OPRT) to participate in Sidoti December Virtual Investor Conference. CEO Raul Vazquez and CFO Jonathan Coblentz to present. Presentation accessible live and via webcast replay.
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Oportun Financial Corporation (Nasdaq: OPRT) reported record revenue of $268 million, representing a 7% year-over-year growth. The company also achieved its lowest quarterly operating expenses in two years, with expenses totaling $123 million. Oportun executed two new personal loan financing agreements totaling up to $267 million. Additionally, the company implemented $80 million in annualized operating expense reductions.
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-48.97%
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Castlelake and Oportun announce a new agreement for a $200 million private structured financing solution. Castlelake will acquire personal loan production from Oportun over the next 12 months.
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-1.02%
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Oportun launches Spanish-language version of its savings app, with improved features
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-1.02%
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Oportun and Ellington Management Group announce intent to enter into a new whole loan flow sale transaction
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3.95%
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Oportun to release Q3 2023 financial results on November 6, 2023
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-9.78%
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conferences earnings
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Thought leaders to discuss innovative uses of technology and data solutions for financial inclusion at Money20/20 conference.
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1.76%
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Oportun Financial Corporation announces proactive corporate governance enhancements
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-1.39%
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Oportun Financial Corporation

Nasdaq:OPRT

OPRT Rankings

OPRT Stock Data

124.91M
23.63M
8.54%
86.61%
0.51%
Credit Card Issuing
Finance and Insurance
Link
United States of America
SAN CARLOS

About OPRT

oportun was formerly known as progreso financiero. only the name has changed. we continue our commitment to our mission: to provide responsible, affordable loans that help the underserved hispanic community establish credit and build a better future. oportun’s advanced data analytics and technology determines every applicant’s ability to repay, including those who do not have credit, and enables back-office efficiency. the company delivers a very supportive and welcoming service experience with bilingual staff across channels and operates over 170 locations in ca, il, tx, ut and nv. why we do it: we are committed to providing affordable and responsible credit services to the hispanic community. it is estimated that 23 million hispanics in the united states have limited or no credit history. in fact, approximately half of the company’s first-time customers do not have a credit score at all. oportun reports performance of all loans to two of the credit bureaus and enables customers