The Oportun Visa Credit Card, issued by WebBank, is one of just a handful of credit cards that can facilitate a path to credit for those with no credit history. It officially became available in ...
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Q4 2024 Management View Raul Vazquez, CEO, highlighted key achievements for Q4, including a $9M GAAP net income and adjusted net income of $22M. Adjusted ROE reached 25%, while adjusted EBITDA was ...
Q4 2024 Earnings Call Transcript February 12, 2025 Oportun Financial Corporation beats earnings expectations. Reported EPS is $0.49, expectations were $0.12. Operator: Good afternoon, and welcome to ...
Oportun Financial Corp (OPRT) reports a significant improvement in net income and originations, despite a slight dip in ...
Based in San Carlos, Calif., Oportun is a community development financial institution whose aim is to help people with little to no credit history get affordable loans and build a credit history.
Returned to GAAP profitability with net income of $9 million in fourth quarter Adjusted EBITDA of $41 million, up 315% year-over-year Quarterly annualized net charge-off rate of 11.7%, lowest since ...
The notes were offered under Rule 144A of the Securities Act and are part of Oportun's commitment to providing responsible and affordable credit to its members. Transaction was over seven times ...
“I’m pleased that fixed income investors have responded favorably as Oportun has continued to originate high-quality loans with improved credit performance. This securitization was more than ...
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