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 (Nasdaq: OPRT) is a mission-driven financial services company that regularly issues news and updates about its lending, savings, and capital markets activities. Company press releases describe how Oportun combines intelligent borrowing, savings, and budgeting capabilities to help members pursue their financial goals, particularly individuals who may lack traditional credit histories. The OPRT news stream reflects developments in its consumer lending operations, automated savings tools, and funding strategy.
Investors and observers following Oportun news will see recurring updates on financial results, including quarterly earnings releases that discuss net income, earnings per share, originations, portfolio performance, charge-off and delinquency trends, and operating expenses. These releases also highlight metrics such as risk-adjusted net interest margin and return on equity, providing insight into how the company manages credit risk and profitability over time.
Oportun’s news also covers funding and capital structure events, such as warehouse financing facilities and asset-backed securitizations. Recent announcements describe new warehouse capacity, extensions of existing facilities, and the issuance of revolving fixed-rate asset-backed notes secured by pools of unsecured and secured personal installment loans. These updates outline borrowing capacities, yields, and note ratings, illustrating how Oportun accesses capital to support its loan portfolio.
Another key theme in OPRT news is the company’s Set & Save automated savings product and related research. Oportun publishes reports such as its Holiday Savings Report, which analyzes member savings behaviors and amounts for goals tagged as “holiday” in Set & Save accounts. These releases present data on average savings, withdrawal patterns, and state-level trends, underscoring the role of automated savings in household budgeting.
Additional news items highlight partnerships and community initiatives. Oportun has announced extensions of its lending partnership with Pathward, under which Pathward originates unsecured and secured personal loans nationwide under Oportun-developed programs, and it has publicized the Oportun Scholarship Program, which provides need-based scholarships and access to the Set & Save app for selected students. The company also issues notices about participation in investor conferences and governance developments.
By reviewing the OPRT news feed, readers can track how Oportun’s lending performance, funding arrangements, savings tools, and mission-oriented programs evolve over time. This page aggregates official press releases and related coverage, offering a centralized view of the company’s most recent announcements.
Oportun (Nasdaq: OPRT), a mission-driven financial services company, has announced its participation in the upcoming Sidoti September Virtual Investor Conference. CEO Raul Vazquez and Interim CFO Paul Appleton will deliver a presentation and engage in investor meetings during the event.
The presentation is scheduled for September 18th at 1:00 pm ET and will be accessible via live webcast. Investors can access the presentation through the provided link or through Oportun's Investor Relations website. A replay will remain available for 90 days following the conference.
Pathward Financial (Nasdaq: CASH) has announced the extension of its partnership with Oportun Financial Corporation through 2029. The agreement enables Pathward to continue originating both secured and unsecured personal loans nationwide under Oportun-developed programs.
Under the partnership, which began in 2020, Oportun manages marketing, underwriting, fraud prevention, and loan servicing, while Pathward provides banking services and oversight. The collaboration aims to increase financial access for underserved populations, leveraging Oportun's technology and Pathward's compliance standards.
Notably, Oportun, recently recognized on CNBC's World's Top Fintech Companies 2025 list, offers lending solutions through online, mobile, and 127 physical stores across various states.
Oportun (Nasdaq: OPRT) has announced the recipients of its 2025 Oportun Scholarship Program, awarding scholarships to 25 students from California and Texas. Recipients will receive financial aid along with four years of free access to Oportun's Set and Save™ app and up to $500 in savings matching.
The selected students will pursue degrees in various fields including Aviation, Biochemistry, Economics, and Engineering at prestigious institutions such as Harvard College, UCLA, and USC. The need-based program, which has supported 56 scholars to date, targets students pursuing full-time undergraduate education with preference for non-medical STEM or finance-related majors.
Oportun (Nasdaq: OPRT) has successfully completed a $538 million asset-backed securitization backed by unsecured and secured installment loans. The two-year revolving fixed rate notes were issued in five classes, with the Class A notes receiving a AAA rating from Fitch. The transaction achieved a weighted average yield of 5.294%, marking a 38 basis points improvement from their June financing.
The offering featured coupon rates ranging from 4.49% for Class A notes to 9.20% for Class E notes. Additionally, Oportun has proactively paid down $10 million of higher-cost corporate debt, reducing their October 2024 corporate financing facility balance to $212.5 million from the initial $235 million.
Oportun (Nasdaq: OPRT) reported strong Q2 2025 financial results, marking its third consecutive quarter of GAAP profitability. The company achieved GAAP net income of $6.9 million, representing a significant $38 million year-over-year improvement, and GAAP EPS of $0.14, up $0.92 from the previous year.
Key highlights include Adjusted EPS of $0.31 (up 288% year-over-year), operating expenses reduction of 13%, and aggregate originations of $481 million (up 11%). The company raised its full-year 2025 Adjusted EPS guidance by 8% to $1.20-$1.40 per share, while adjusting total revenue guidance to $945-960 million.
Credit performance improved with an Annualized Net Charge-Off Rate of 11.9% (down 41 basis points) and a 30+ Day Delinquency Rate of 4.4% (down 54 basis points year-over-year).
Oportun (Nasdaq: OPRT), a mission-driven financial services company, has scheduled its second quarter 2025 financial results announcement for Wednesday, August 6, 2025, after market close.
The company will host a conference call and earnings webcast at 5:00 pm ET / 2:00 pm PT on the same day. Investors can access the live webcast through Oportun's investor relations website, with a replay available for one year. For those joining by phone, the dial-in numbers are 1-866-604-1698 (toll-free) or 1-201-389-0844 (international), with participants advised to call 10 minutes before start time.
Oportun (Nasdaq: OPRT), a mission-driven financial services company, has been named to CNBC's World's Top Fintech Companies 2025 list for the second consecutive year. The recognition highlights Oportun's intelligent borrowing, savings, and budgeting tools that help members build better financial futures.
The prestigious award, conducted in partnership with Statista, evaluated over 2,000 companies based on key performance indicators from public sources. CEO Raul Vazquez emphasized the company's commitment to helping members take control of their finances and serving individuals often overlooked by mainstream financial institutions.
Oportun Financial Corporation (Nasdaq: OPRT), a mission-driven financial services company, has reached a multi-year cooperation agreement with Findell Capital Management LLC to resolve a contested director election. As part of the agreement, Warren Wilcox will join Oportun's Board of Directors as a Class III director after the 2025 Annual Meeting, with his term expiring in 2028.
The agreement includes Findell's commitment to support Oportun's nominees, CEO Raul Vazquez and Carlos Minetti, at the 2025 Annual Meeting. Following Wilcox's appointment, the Board will consist of nine directors, with one incumbent director set to retire by the 2026 Annual Meeting. The agreement includes standard standstill and voting provisions, extending until 15 days before the 2028 Annual Meeting nomination deadline.
Oportun (Nasdaq: OPRT) has issued a letter to stockholders urging them to vote "FOR" CEO Raul Vazquez and Carlos Minetti as director nominees at the upcoming July 18, 2025 annual meeting. The company highlights its significant progress since the last annual meeting, including a doubled stock price and improved financial performance.
The letter addresses opposition from Findell Capital Management, which seeks to replace Vazquez with Warren Wilcox. The board criticizes Findell for selling 500,000 shares in 2025 while publicly claiming the stock is undervalued. The company questions Wilcox's qualifications, citing inconsistencies in his background check, and emphasizes that removing Vazquez could disrupt the company's positive momentum.
Oportun (NASDAQ: OPRT) Board of Directors has issued a critical letter to stockholders urging them to vote "FOR" CEO Raul Vazquez and Carlos Minetti on the GREEN proxy card at the upcoming July 18, 2025 Annual Meeting. The Board is responding to Findell Capital Management's attempt to remove CEO Vazquez from the Board, despite the company's stock being up more than 80% this year.
The Board emphasizes that removing Vazquez would be detrimental to the company's operations, highlighting his successful execution of strategic plans that have improved financial performance and profitability. They argue that his board presence is crucial for effective communication between management and the Board, especially with the Lead Independent Director retiring this month.
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