OppFi (OPFI)


Market Price (11/9/2026): $6.175 | Market Cap: $523.2 MilSector: Financials | Industry: Consumer Finance

OppFi (OPFI)


Market Price (11/9/2026): $6.175
Market Cap: $523.2 Mil
Sector: Financials
Industry: Consumer Finance

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 22%, Dividend Yield is 4.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 17%, FCF Yield is 70%

Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 63%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 64%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 61%

Low stock price volatility
Vol 12M is 49%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, and AI for Fraud Detection.

Weak multi-year price returns
2Y Excs Rtn is -2.7%

Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -3.8%

Key risks
OPFI key risks include [1] regulatory and legal challenges to its core "true lender" bank partnership model and [2] significant credit default exposure inherent to its non-prime borrower base.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 22%, Dividend Yield is 4.4%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 17%, FCF Yield is 70%
1 Attractive operating margins
Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 63%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 64%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 61%
3 Low stock price volatility
Vol 12M is 49%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and AI in Financial Services. Themes include Online Banking & Lending, and AI for Fraud Detection.
5 Weak multi-year price returns
2Y Excs Rtn is -2.7%
6 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -3.8%
7 Key risks
OPFI key risks include [1] regulatory and legal challenges to its core "true lender" bank partnership model and [2] significant credit default exposure inherent to its non-prime borrower base.

OPFI in ETFs

Weight = OPFI's share of each fund

VTI0.00%
IWM0.01%
IWO0.01%
VTWO0.01%
DFAS0.01%
AVUV0.00%
DFAC0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 11/4/2026

OppFi (OPFI) stock has lost about 35% since 7/31/2026 because of the following key factors:

1. Weaker than anticipated financial performance and reduced outlook for fiscal year 2026.

OppFi's stock experienced a significant decline following its fiscal Q2 2026 earnings report on August 10, 2026, where the company missed analyst expectations for both earnings per share (EPS) and revenue. Adjusted EPS came in at $0.33, falling short of the $0.44–$0.46 consensus estimate, while revenue of $145 million missed the $155.9 million estimate by approximately 7%. Consequently, OppFi slashed its full-year 2026 guidance, lowering expected total revenue from $650–$675 million to $600–$625 million and adjusted EPS from $1.76–$1.84 to $1.34–$1.51. This substantial downward revision, particularly in Q2, triggered a more than 20% drop in share price on August 11, 2026.

2. Continued revenue underperformance and heightened credit concerns in fiscal Q3 2026.

The negative trend persisted with the fiscal Q3 2026 earnings report on October 28, 2026. While OppFi's adjusted EPS of $0.37 slightly beat the $0.35 consensus, revenue of $149.2 million missed the $152.9 million forecast and represented a 3.8% year-over-year decline. Adjusted net income also decreased by 23% year-over-year to $31.6 million. The company further refined its full-year 2026 guidance, narrowing the top end of its revenue projection to $600–$610 million, adjusted net income to $115–$120 million, and adjusted EPS to $1.34–$1.40. This indicates ongoing challenges in the subprime lending market, characterized by elevated charge-offs and softer consumer demand.

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Updated on 11/4/2026

OppFi (OPFI) stock has lost about 35% since 7/31/2026 because of the following key factors:

1. Weaker than anticipated financial performance and reduced outlook for fiscal year 2026.

OppFi's stock experienced a significant decline following its fiscal Q2 2026 earnings report on August 10, 2026, where the company missed analyst expectations for both earnings per share (EPS) and revenue. Adjusted EPS came in at $0.33, falling short of the $0.44–$0.46 consensus estimate, while revenue of $145 million missed the $155.9 million estimate by approximately 7%. Consequently, OppFi slashed its full-year 2026 guidance, lowering expected total revenue from $650–$675 million to $600–$625 million and adjusted EPS from $1.76–$1.84 to $1.34–$1.51. This substantial downward revision, particularly in Q2, triggered a more than 20% drop in share price on August 11, 2026.

2. Continued revenue underperformance and heightened credit concerns in fiscal Q3 2026.

The negative trend persisted with the fiscal Q3 2026 earnings report on October 28, 2026. While OppFi's adjusted EPS of $0.37 slightly beat the $0.35 consensus, revenue of $149.2 million missed the $152.9 million forecast and represented a 3.8% year-over-year decline. Adjusted net income also decreased by 23% year-over-year to $31.6 million. The company further refined its full-year 2026 guidance, narrowing the top end of its revenue projection to $600–$610 million, adjusted net income to $115–$120 million, and adjusted EPS to $1.34–$1.40. This indicates ongoing challenges in the subprime lending market, characterized by elevated charge-offs and softer consumer demand.

3. Withdrawal of BNCCorp acquisition applications.

On November 3, 2026, OppFi announced the withdrawal of its bank regulatory approval applications for the proposed acquisition of BNCCorp. This decision was attributed to "communication restrictions inherent in the application process and the lack of articulated objective standards against which federal regulators are evaluating OppFi's business". The failure to secure a national banking charter is a significant setback to OppFi's strategic transformation plans and introduces uncertainty regarding its future operational structure and growth trajectory.

4. Challenging macroeconomic environment and increased scrutiny on lending.

The broader fintech and lending sectors have faced headwinds, contributing to OppFi's stock performance. During fiscal Q3 2026, fintech stocks, despite an initial rebound, gave back gains due to inflation, higher interest rates, and geopolitical tensions. Credit markets have become more bifurcated, with capital increasingly flowing to higher-quality borrowers, while those in the B-minus category, relevant to OppFi's near-prime customer base, have encountered wider spreads and more selective lenders. Rising default expectations and increased refinancing costs for lower-rated borrowers further reflect a difficult operating environment for OppFi.

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Stock Movement Drivers

Fundamental Drivers

The -34.2% change in OPFI stock from 7/31/2026 to 11/8/2026 was primarily driven by a -68.5% change in the company's Shares Outstanding (Mil).
(LTM values as of)731202611082026Change
Stock Price ($)9.376.17-34.2%
Change Contribution By: 
Total Revenues ($ Mil)609606-0.5%
Net Income Margin (%)10.9%15.6%43.8%
P/E Multiple3.85.646.2%
Shares Outstanding (Mil)2785-68.5%
Cumulative Contribution-34.2%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2026 to 11/8/2026
ReturnCorrelation
OPFI-34.2% 
Market (SPY)-1.6%28.8%
Sector (XLF)0.4%32.5%

Fundamental Drivers

The -35.1% change in OPFI stock from 4/30/2026 to 11/8/2026 was primarily driven by a -67.6% change in the company's Shares Outstanding (Mil).
(LTM values as of)430202611082026Change
Stock Price ($)9.516.17-35.1%
Change Contribution By: 
Total Revenues ($ Mil)5976061.4%
Net Income Margin (%)4.4%15.6%254.1%
P/E Multiple9.95.6-44.2%
Shares Outstanding (Mil)2885-67.6%
Cumulative Contribution-35.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 11/8/2026
ReturnCorrelation
OPFI-35.1% 
Market (SPY)2.6%24.3%
Sector (XLF)10.0%37.6%

Fundamental Drivers

The -36.7% change in OPFI stock from 10/31/2025 to 11/8/2026 was primarily driven by a -68.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)1031202511082026Change
Stock Price ($)9.756.17-36.7%
Change Contribution By: 
Total Revenues ($ Mil)5556069.1%
P/S Multiple0.50.985.4%
Shares Outstanding (Mil)2785-68.7%
Cumulative Contribution-36.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 11/8/2026
ReturnCorrelation
OPFI-36.7% 
Market (SPY)8.7%34.8%
Sector (XLF)10.5%43.0%

Fundamental Drivers

The 197.7% change in OPFI stock from 10/31/2023 to 11/8/2026 was primarily driven by a 1434.7% change in the company's Net Income Margin (%).
(LTM values as of)1031202311082026Change
Stock Price ($)2.076.17197.7%
Change Contribution By: 
Total Revenues ($ Mil)48760624.3%
Net Income Margin (%)1.0%15.6%1434.7%
P/E Multiple6.55.6-15.1%
Shares Outstanding (Mil)1685-81.6%
Cumulative Contribution197.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2023 to 11/8/2026
ReturnCorrelation
OPFI197.7% 
Market (SPY)81.9%34.6%
Sector (XLF)84.4%32.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
OPFI Return-55%-55%150%56%41%-41%-35%
Peers Return102%-48%81%43%25%-2%233%
S&P 500 Return27%-19%24%23%16%12%105%

Monthly Win Rates [3]
OPFI Win Rate25%25%50%67%58%27% 
Peers Win Rate58%32%60%52%57%47% 
S&P 500 Win Rate75%42%67%75%67%45% 

Max Drawdowns [4]
OPFI Max Drawdown-62%-69%-28%-54%-52%-48% 
Peers Max Drawdown-35%-63%-44%-25%-37%-35% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ENVA, OMF, UPST, WRLD, BFH.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/6/2026 (YTD)

How Low Can It Go

EventOPFIS&P 500
2025 US Tariff Shock
  % Loss-29.7%-18.8%
  % Gain to Breakeven42.2%23.1%
  Time to Breakeven30 days79 days
2023 SVB Regional Banking Crisis
  % Loss-22.3%-6.7%
  % Gain to Breakeven28.7%7.1%
  Time to Breakeven57 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-58.7%-24.5%
  % Gain to Breakeven142.0%32.4%
  Time to Breakeven438 days427 days

Compare to ENVA, OMF, UPST, WRLD, BFH

In The Past

OppFi's stock fell -29.7% during the 2025 US Tariff Shock. Such a loss loss requires a 42.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventOPFIS&P 500
2025 US Tariff Shock
  % Loss-29.7%-18.8%
  % Gain to Breakeven42.2%23.1%
  Time to Breakeven30 days79 days
2023 SVB Regional Banking Crisis
  % Loss-22.3%-6.7%
  % Gain to Breakeven28.7%7.1%
  Time to Breakeven57 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-58.7%-24.5%
  % Gain to Breakeven142.0%32.4%
  Time to Breakeven438 days427 days

Compare to ENVA, OMF, UPST, WRLD, BFH

In The Past

OppFi's stock fell -29.7% during the 2025 US Tariff Shock. Such a loss loss requires a 42.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About OppFi (OPFI)

OppFi Inc. (OPFI) operates as a financial technology company that provides a platform enabling banks to offer various lending products to consumers. Based in Chicago, Illinois, the company partners with financial institutions to extend credit solutions through its proprietary technology, essentially acting as a bridge between banks and borrowers seeking access to credit.

The company's product suite includes three primary offerings. OppLoan is an installment loan product designed to provide structured credit with fixed repayment schedules. SalaryTap is another installment loan product, uniquely secured through payroll deductions, which aims to simplify the repayment process for borrowers. Additionally, OppFi offers the OppFi Card, a credit card product, expanding its solutions into the revolving credit market.

OppFi's primary customers are the banks that utilize its technology platform, which in turn serve a broad market of consumers seeking accessible lending and credit card products. By providing its fintech solutions, OppFi empowers its partner banks to reach and serve a wider segment of the population, particularly those who may be looking for alternative credit options beyond traditional banking services.

AI Analysis | Feedback

Here are 1-3 brief analogies for OppFi:

  • Stripe for banks to offer consumer credit. (Stripe provides payment processing infrastructure for businesses; OppFi provides technology infrastructure for banks to offer consumer loans and credit cards.)
  • Marqeta for consumer lending products. (Marqeta provides card issuing platforms for companies; OppFi provides platforms for banks to offer installment loans and credit cards.)

AI Analysis | Feedback

  • OppLoan: An installment loan product.
  • SalaryTap: A payroll deduction secured installment loan product.
  • OppFi Card: A credit card product.

AI Analysis | Feedback

OppFi Inc. (OPFI) primarily sells its financial technology platform and related services to other companies, specifically banks, which then offer lending products to individuals. Therefore, its major customers are the banks that partner with OppFi to utilize its platform.

The major bank partners that utilize OppFi's platform to originate its products include:

  • FinWise Bank (NASDAQ: FINW - parent company FinWise Bancorp)
  • First Electronic Bank
  • Capital Community Bank

AI Analysis | Feedback

  • Experian (EXPN)
  • TransUnion (TRU)
  • Equifax (EFX)
  • Visa (V)

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Todd Schwartz, Chief Executive Officer, Executive Chairman, and Founder

Todd Schwartz co-founded OppFi in 2012. He served as CEO from its inception until 2015, then as Executive Chairman, before being re-appointed CEO in February 2022. Beyond OppFi, Schwartz is a Partner at Schwartz Capital Group, where he focuses on direct equity investments and collaborates with portfolio companies. He is also a Co-Founder of Strand Equity Partners, a growth equity firm specializing in consumer brands. Earlier in his career, he founded Beach Coast Properties, a multi-family real estate company, which successfully acquired, renovated, stabilized, and sold $40 million of real estate between 2007 and 2014. His background includes a family history of entrepreneurship; his father, Theodore Schwartz, founded APAC Customer Services, Inc., took it public in 1995, and later sold his remaining shares to JP Morgan in 2011.

Pamela Johnson, Chief Financial Officer

Pamela Johnson has served as OppFi's Chief Financial Officer since March 2022, having previously held the role of Chief Accounting Officer for the company. Before joining OppFi in 2021, she was the Chief Financial Officer of Heights Finance, an installment lender, from December 2010 to December 2020. She also held a CFO position at Pioneer Financial Services, Inc.

Christopher McKay, Chief Risk and Analytics Officer

Christopher McKay has been OppFi's Chief Risk and Analytics Officer since June 2013. Prior to his tenure at OppFi, he was a Senior Director of Partnership Analytics at Capital One and held several risk-related positions at HSBC.

Manuel Chagas, Chief Operating Officer

Manuel Chagas assumed the role of Chief Operating Officer at OppFi in April 2022. Previously, he spent eight years at Discover Financial Services, where he held various leadership roles overseeing product, marketing, and operations for their student loans business. Earlier in his career, Chagas worked as a consultant for McKinsey & Company and Accenture.

Yuri Ter-Saakyants, Chief Technology Officer

Yuri Ter-Saakyants serves as OppFi's Chief Technology Officer. Before joining OppFi, he was the Chief Technology Officer for Insureon from 2012 to 2020. His prior experience includes similar CTO roles at Mediaocean and Beeline Solutions.

AI Analysis | Feedback

Here are the key risks to OppFi's business:

  1. Regulatory Scrutiny and "True Lender" Challenges: OppFi's business model is significantly exposed to regulatory risks, particularly concerning its partnerships with out-of-state banks to offer high-APR installment loans. This model, sometimes referred to as a "rent-a-bank" scheme, allows loans to be originated at rates higher than many state caps. Regulators, such as California's Department of Financial Protection and Innovation (DFPI), have challenged OppFi, alleging that the company, not its bank partners, is the "true lender" and therefore subject to state interest rate limitations. This has led to lawsuits seeking to void loans and impose substantial penalties. Furthermore, there is ongoing concern about potential state or federal legislation that could impose national interest rate caps, which would significantly undermine OppFi's entire business model.
  2. Credit Risk and Economic Downturns: OppFi serves non-prime and underbanked borrowers, a demographic inherently associated with a higher risk of credit default and delinquencies. While OppFi has reported improvements in credit quality and risk mitigation strategies, the company remains highly susceptible to adverse macroeconomic conditions and economic downturns. A prolonged recession or increasing economic uncertainties could lead to rising delinquencies and charge-offs, which would negatively impact OppFi's financial performance. The effectiveness of their machine learning underwriting models in a severe economic downturn is also a concern.
  3. Intense Competition: OppFi operates in a highly competitive fintech and unsecured lending market. The company faces significant competition from both established financial institutions and other fintech lenders, some of whom may operate with lower-cost models. Maintaining market share and achieving growth in this environment necessitates continuous innovation and effective execution of its strategies, particularly as the subprime lending space continues to intensify.

AI Analysis | Feedback

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AI Analysis | Feedback

OppFi (NYSE: OPFI) focuses on a significant addressable market of credit-insecure U.S. consumers for its main product, OppLoan.

OppLoan (Installment Loan Product)

The addressable market for OppFi's OppLoan, an installment loan product, is concentrated on approximately 60 million U.S. consumers who face credit insecurity and are unlikely to access credit through traditional options. The broader U.S. personal loan market, within which OppLoan operates, was cited as $257 billion.

SalaryTap (Payroll Deduction Secured Installment Loan Product)

Null

As of OppFi's latest filings, applications for new SalaryTap loans are not currently being accepted on their platform.

OppFi Card (Credit Card Product)

Null

As of OppFi's latest filings, applications for new OppFi Card accounts are not currently being accepted on their platform.

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for OppFi (OPFI) over the next 2-3 years:

  1. Growth in Loan Originations, Receivables, and Yield: OppFi has demonstrated consistent growth in total net originations and ending receivables, which directly translates to increased revenue. For instance, in Q4 2025, total net originations increased 7.7% to a record $230.1 million, and ending receivables grew 16.0% year-over-year to $493.1 million. Additionally, the company has shown an ability to maintain or increase its revenue yield on its loan portfolio, with the full-year revenue yield inching up to 133% in 2025 from 131% in the prior year.
  2. Advancements in Underwriting Models: The ongoing development and implementation of advanced underwriting models, such as Model 6, Model 6.1, and Model 7.0, are expected to be significant revenue drivers. These models are designed to enhance risk pricing, improve underwriting capabilities, and increase auto-approval rates, thereby supporting sustained business growth. Model 6, for example, contributed to improved risk-based pricing and an auto-approval rate of 79% in Q4 2025, which aided an 8% year-over-year increase in originations.
  3. Launch of New Products: OppFi plans to expand its product offerings with the launch of a new line of credit product with bank partners in the summer of 2026. This new product is anticipated to serve new geographies and expand the company's market and customer base, contributing to revenue growth.
  4. Technological Innovation and Platform Migration: The company's migration to its next-generation origination and servicing system, known as LOLA, is expected to be substantially completed by Q3 2026. This technological advancement is projected to enhance automated approval efficiency, improve funnel metrics, strengthen overall operational capabilities, and integrate systems, leading to increased revenue and efficiency.

AI Analysis | Feedback

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Share Repurchases

  • OppFi authorized a share repurchase program for up to $20.0 million in Class A Common Stock on January 6, 2022, which expired in December 2023.
  • The company expanded its share repurchase program on August 26, 2025, by an additional $20 million, increasing the total authorization to $40 million, with this program set to expire in April 2027.
  • As of December 31, 2025, OppFi had repurchased 1,541,949 shares of Class A Common Stock for an aggregate of $15.5 million under the 2024 Repurchase Program, with $20.9 million remaining available. Additionally, under the buyback announced on April 9, 2024, the company completed the repurchase of 2,576,659 shares for $19.03 million.

Share Issuance

  • OppFi became a public company in 2021 through a business combination with FG New America Acquisition Corp., a special-purpose acquisition company (SPAC), with the transaction implying an equity value of approximately $800 million for the combined entity.
  • On July 20, 2021, OppFi established the OppFi Inc. 2021 Equity Incentive Plan, which authorized the issuance of up to 11,500,000 shares of Class A common stock for various awards to employees, non-employee directors, officers, and consultants.
  • As of April 28, 2022, 13,349,150 shares of Class A common stock and 96,338,474 shares of Class V common stock were issued and outstanding.

Inbound Investments

  • OppFi's transition to a public company in 2021 through a SPAC merger with FG New America Acquisition Corp. represented a significant inbound investment, with an implied equity valuation of approximately $800 million for the combined company at closing.

Outbound Investments

  • On August 1, 2024, OppFi made a strategic acquisition of a 35% equity interest in Bitty Advance, including its servicing business, to enter the small business financing market. The agreement includes options for OppFi to acquire an additional 30% for majority ownership in 2027 and the remaining equity for total ownership in 2030.

Capital Expenditures

  • OppFi invested $5.2 million in capital expenditures during the third quarter of 2025.
  • The company focuses its capital expenditures primarily on its technology platform, including its AI-driven underwriting systems (like Model 6.1 and the LOLA origination system) to improve customer experience, automate processes, and enhance risk management. This strategy leverages an "asset-light" business model that does not require OppFi to carry loan risk on its balance sheet.

Better Bets vs. OppFi (OPFI)

Peer Outperformance in Consumer Finance

OPFI has trailed 55% of its 29 Consumer Finance peers over 5Y. Among the peers that beat it are AXP, SYF and OMF. Consumer Finance ranks 12th of 18 industries in Financials by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Consumer Finance constituents that OPFI has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
16%
of 32 industry peers · -37.9% return
3Y
79%
of 29 industry peers · 178.9% return
5Y
45%
of 29 industry peers · -1.8% return
Consumer Finance peers with revenue growth within 4pp of OPFI's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
OPFI OppFi 6.9% 5.6x -37.9%178.9%-1.8% —
AXP American Express 9.6% 17.6x -11.9%117.9%89.6% +91pp
SYF Synchrony Financial 5.2% 7.1x 2.5%167.7%67.3% +69pp
OMF OneMain 7.2% 8.4x 0.1%88.1%56.5% +58pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Financials sector, ranked by 5Y. Consumer Finance is OPFI's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Reinsurance 6 29.4%72.7%116.0% SPNT 167% · RGA 156% · RNR 127%
Diversified Banks 12 28.4%141.2%88.0% CM 145% · RY 127% · JPM 124%
Investment Banking & Brokerage 13 -6.7%89.5%85.6% IBKR 323% · SNEX 156% · GS 139%
Multi-Sector Holdings 4 8.8%60.0%80.0% BRK-B 98% · VOYA 62% · JEF 34%
Life & Health Insurance 20 9.7%57.7%76.6% JXN 500% · UNM 240% · FG 211%
Property & Casualty Insurance 42 13.8%73.5%66.7% TRV 174% · ACGL 165% · PGR 164%
Multi-line Insurance 9 5.4%70.7%56.0% AIZ 107% · GNW 101% · L 92%
Regional Banks 267 29.4%92.4%46.2% CBC 272% · FCNCA 172% · NIC 137%
Insurance Brokers 15 2.2%10.0%29.6% LIFE 297% · ARX 89% · WTW 51%
Financial Exchanges & Data 15 16.6%31.2%15.9% CBOE 182% · VIRT 132% · CME 71%
Asset Management & Custody Banks 85 -6.7%20.9%12.8% VCTR 233% · WT 209% · AAMI 204%
Consumer Finance ← 30 2.5%85.0%7.2% ENVA 337% · FCFS 129% · ECPG 90%
Commercial & Residential Mortgage Finance 14 -43.9%29.5%2.6% FNMA 348% · FMCC 305% · ACT 151%
Diversified Financial Services 4 -6.2%22.5%-0.8% FRHC 150% · EQH 71%
Specialized Finance 3 25.4%33.0%-20.4% CACC -20% · HASI -21%
Transaction & Payment Processing Services 17 23.6%10.4%-29.1% V 99% · MA 92% · CPAY 84%
Mortgage REITs 35 -20.5%-10.7%-38.7% RITM 34% · DX 16% · AGNC 10%
Diversified Capital Markets 20 -47.8%-4.9%-69.5% LPLA 81% · TW 37% · RIOT -54%
Median of constituents with a full price history over each window. Top names are limited to companies above $2B market cap.

Latest Trefis Analyses

TitleDate
0DASHBOARDS 
1OppFi Earnings Notes12/16/2025
Title
0ARTICLES

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

OPFIENVAOMFUPSTWRLDBFHMedian
NameOppFi Enova In.OneMain Upstart World Ac.Bread Fi. 
Mkt Price6.17172.3856.0021.89150.99101.9378.97
Mkt Cap0.54.36.42.10.73.93.0
Rev LTM6063,6535,2111,3205414,0032,486
Op Inc LTM381500----441
FCF LTM3662,0063,212-2042602,1891,186
FCF 3Y Avg3431,6962,952-1482572,0621,019
CFO LTM3852,0533,212-1812662,1891,219
CFO 3Y Avg3591,7422,952-1322612,0631,050

Growth & Margins

OPFIENVAOMFUPSTWRLDBFHMedian
NameOppFi Enova In.OneMain Upstart World Ac.Bread Fi. 
Rev Chg LTM5.6%20.1%7.0%37.6%3.0%5.5%6.3%
Rev Chg 3Y Avg6.9%21.8%7.2%39.5%-0.3%-2.3%7.0%
Rev Chg Q-3.8%25.7%6.6%33.7%3.8%4.7%5.7%
QoQ Delta Rev Chg LTM-1.0%6.0%1.6%7.6%0.9%1.2%1.4%
Op Inc Chg LTM6.7%31.4%----19.1%
Op Inc Chg 3Y Avg16.3%26.8%----21.6%
Op Mgn LTM63.0%13.7%----38.3%
Op Mgn 3Y Avg60.6%12.1%----36.4%
QoQ Delta Op Mgn LTM-0.3%0.2%-----0.1%
CFO/Rev LTM63.6%56.2%61.6%-13.7%49.1%54.7%55.4%
CFO/Rev 3Y Avg63.1%56.8%60.9%-8.2%49.5%52.8%54.8%
FCF/Rev LTM60.5%54.9%61.6%-15.4%48.1%54.7%54.8%
FCF/Rev 3Y Avg60.3%55.3%60.9%-9.9%48.6%52.7%54.0%

Valuation

OPFIENVAOMFUPSTWRLDBFHMedian
NameOppFi Enova In.OneMain Upstart World Ac.Bread Fi. 
Mkt Cap0.54.36.42.10.73.93.0
P/S0.91.21.21.61.31.01.2
P/Op Inc1.48.6----5.0
P/EBIT1.48.6----5.0
P/E5.611.28.432.917.27.39.8
P/CFO1.42.12.0-11.82.61.81.9
Total Yield22.4%8.9%19.6%3.0%5.9%15.1%12.0%
Dividend Yield4.4%0.0%7.7%0.0%0.0%1.3%0.6%
FCF Yield 3Y Avg166.3%56.6%47.4%-4.3%30.9%73.3%52.0%
D/E0.71.33.71.01.00.81.0
Net D/E0.51.23.60.80.9-0.20.8

Returns

OPFIENVAOMFUPSTWRLDBFHMedian
NameOppFi Enova In.OneMain Upstart World Ac.Bread Fi. 
1M Rtn4.1%-3.2%-0.1%-9.2%-14.0%1.3%-1.7%
3M Rtn-34.3%-31.8%-12.4%-29.6%-19.3%-5.7%-24.5%
6M Rtn-33.8%-1.4%3.4%-24.4%0.9%17.3%-0.3%
12M Rtn-37.9%38.1%-0.1%-43.3%14.3%61.6%7.1%
3Y Rtn179.1%322.8%87.8%3.6%45.9%288.4%133.4%
1M Excs Rtn6.4%-0.6%4.3%-4.5%-11.1%6.2%1.8%
3M Excs Rtn-24.7%-26.9%-6.5%-22.7%-14.3%-0.9%-18.5%
6M Excs Rtn-33.5%-1.1%3.7%-24.1%1.2%17.6%0.0%
12M Excs Rtn-46.4%26.1%-9.7%-56.1%3.7%52.6%-3.0%
3Y Excs Rtn119.8%241.4%21.7%-85.1%-22.2%223.8%70.8%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment597526509453351
Total597526509453351


Operating Income by Segment
$ Mil2025202420232022
Single Segment1679546-6
Total1679546-6


Net Income by Segment
$ Mil2025202420232022
Single Segment267-17
Total267-17


Price Behavior

Price Behavior
Market Price$6.17 
Market Cap ($ Bil)0.5 
First Trading Date11/20/2020 
Distance from 52W High-45.8% 
   50 Days200 Days
DMA Price$6.32$8.13
DMA Trenddowndown
Distance from DMA-2.4%-24.1%
 3M1YR
Volatility67.1%48.9%
Downside Capture312.62205.57
Upside Capture196.35130.01
Correlation (S&P 500)28.6%33.9%
OPFI Betas & Captures as of 10/31/2026

 1M2M3M6M1Y3Y
Beta1.341.501.741.051.301.53
Up Beta-0.38-0.840.13-0.350.331.03
Down Beta1.240.59-0.420.230.841.34
Up Capture96%150%155%104%162%1385%
Bmk +ve Days12182862130427
Stock +ve Days11192757124365
Down Capture181%259%352%205%158%112%
Bmk -ve Days10253664121325
Stock -ve Days10233667122367

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OPFI
OPFI-38.0%48.9%-0.81-
Sector ETF (XLF)10.0%15.3%0.4143.7%
Equity (SPY)9.5%13.6%0.4034.3%
Gold (GLD)1.6%28.7%0.0513.2%
Commodities (DBC)38.4%21.2%1.42-25.2%
Real Estate (VNQ)11.3%14.2%0.5136.6%
Bitcoin (BTCUSD)-27.2%43.6%-0.6116.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OPFI
OPFI-0.3%67.0%0.27-
Sector ETF (XLF)9.0%18.4%0.3530.9%
Equity (SPY)11.3%17.3%0.4833.6%
Gold (GLD)17.5%19.1%0.746.0%
Commodities (DBC)8.1%19.6%0.304.2%
Real Estate (VNQ)1.3%18.9%-0.0424.1%
Bitcoin (BTCUSD)4.0%51.6%0.2617.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with OPFI
OPFI-4.5%64.1%0.15-
Sector ETF (XLF)13.2%22.1%0.5428.1%
Equity (SPY)15.0%18.0%0.7031.8%
Gold (GLD)11.9%16.5%0.595.7%
Commodities (DBC)7.5%18.1%0.334.8%
Real Estate (VNQ)5.9%20.7%0.2422.7%
Bitcoin (BTCUSD)60.0%66.3%1.0014.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date10152026
Short Interest: Shares Quantity4.3 Mil
Short Interest: % Change Since 9302026-0.8%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest7.4 days
Basic Shares Quantity85.1 Mil
Short % of Basic Shares5.0%

Earnings Returns History

Updated 11/6/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/28/20263.9%12.9% 
8/10/2026-24.9%-20.0%-14.1%
5/7/20261.4%-9.1%-14.8%
3/11/2026-5.9%-6.6%-11.3%
10/29/20253.8%-3.2%-2.3%
8/6/202513.4%8.0%4.6%
5/7/202511.8%28.1%39.7%
3/5/202510.8%-1.5%7.9%
...
SUMMARY STATS   
# Positive141012
# Negative8129
Median Positive4.8%12.7%17.9%
Median Negative-8.5%-17.6%-14.1%
Max Positive13.4%38.6%80.3%
Max Negative-24.9%-33.5%-37.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/28/20263.9%12.9% 
8/10/2026-24.9%-20.0%-14.1%
5/7/20261.4%-9.1%-14.8%
3/11/2026-5.9%-6.6%-11.3%
10/29/20253.8%-3.2%-2.3%
8/6/202513.4%8.0%4.6%
5/7/202511.8%28.1%39.7%
3/5/202510.8%-1.5%7.9%
11/7/2024-1.8%-0.8%3.3%
8/7/202413.3%38.6%24.5%
5/8/202411.9%9.6%17.4%
3/7/2024-23.5%-33.5%-32.5%
11/9/20233.8%28.6%80.3%
8/9/20233.1%12.5%18.3%
5/11/20233.4%10.7%9.8%
3/23/20232.1%9.0%1.6%
11/9/20225.7%21.8%26.4%
8/10/2022-4.2%-16.7%-15.1%
5/5/2022-4.5%-24.0%-6.5%
2/28/2022-11.6%-22.0%-8.4%
11/12/2021-11.2%-23.5%-37.3%
8/10/20216.3%-18.5%25.2%
SUMMARY STATS   
# Positive141012
# Negative8129
Median Positive4.8%12.7%17.9%
Median Negative-8.5%-17.6%-14.1%
Max Positive13.4%38.6%80.3%
Max Negative-24.9%-33.5%-37.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
09/30/202611/05/202610-Q
06/30/202608/10/202610-Q
03/31/202605/07/202610-Q
12/31/202503/12/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/11/202510-K
09/30/202411/08/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202303/27/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/11/202310-Q
12/31/202203/29/202310-K
Collapse to Preview
Report DateFiling DateFiling
09/30/202611/05/202610-Q
06/30/202608/10/202610-Q
03/31/202605/07/202610-Q
12/31/202503/12/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/11/202510-K
09/30/202411/08/202410-Q
06/30/202408/08/202410-Q
03/31/202405/09/202410-Q
12/31/202303/27/202410-K
09/30/202311/09/202310-Q
06/30/202308/09/202310-Q
03/31/202305/11/202310-Q
12/31/202203/29/202310-K
09/30/202211/09/202210-Q
06/30/202208/09/202210-Q
03/31/202205/06/202210-Q
12/31/202103/11/202210-K
09/30/202111/15/202110-Q
06/30/202108/10/202110-Q
03/31/202103/22/202310-Q/A
09/30/202003/22/202310-Q/A
12/31/201903/22/202310-K/A

Recent Forward Guidance

Updated 11/3/2026

Latest: Q3 2026 Earnings Reported 10/28/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Total RevenueReported600.00 Mil605.00 Mil610.00 Mil-1.2% LoweredGuidance: 612.50 Mil for 2026
2026 Adjusted Net IncomeReported115.00 Mil117.50 Mil120.00 Mil-4.1% LoweredGuidance: 122.50 Mil for 2026
2026 Adjusted EPSReported1.341.371.4-3.9% LoweredGuidance: 1.43 for 2026
2026 Weighted Average Diluted Shares OutstandingReported 86.00 Mil    


Prior: Q4 2025 Earnings Reported 3/11/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 Total RevenueReported650.00 Mil662.50 Mil675.00 Mil10.9% Higher NewGuidance: 597.50 Mil for 2025
2026 Revenue GrowthReported9.0%11.0%13.0%   
2026 Adjusted Net IncomeReported153.00 Mil156.50 Mil160.00 Mil12.2% Higher NewGuidance: 139.50 Mil for 2025
2026 Adjusted Net Income GrowthReported9.0%11.5%14.0%   
2026 Adjusted EPSReported1.761.81.8414.6% Higher NewGuidance: 1.57 for 2025
2026 Adjusted EPS GrowthReported11.0%13.5%16.0%   

Insider Activity

Updated 10/5/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91520267.801,94015,1255,004,365Form
2Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91520267.963,30026,2815,096,562Form
3Johnson, Pamela DCFODirectSell91520268.028,65069,3651,211,197Form
4Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91120267.563,35025,3144,810,779Form
5Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91020267.593,45026,1904,807,694Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91520267.801,94015,1255,004,365Form
2Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91520267.963,30026,2815,096,562Form
3Johnson, Pamela DCFODirectSell91520268.028,65069,3651,211,197Form
4Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91120267.563,35025,3144,810,779Form
5Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy91020267.593,45026,1904,807,694Form
6Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy90920267.413,47525,7374,664,854Form
7Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy90820267.353,50025,7414,606,859Form
8Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy90420267.333,45025,3054,568,722Form
9Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy90320267.153,55025,3774,428,017Form
10Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy90220266.913,55024,5424,257,784Form
11Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy90120266.933,55024,6114,245,060Form
12Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy83120267.153,50025,0184,351,520Form
13Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy82820267.133,55025,3124,315,668Form
14McKay, Christopher JChief Risk & Analytics OfficerDirectSell82820267.1877,850558,80010,275,013Form
15Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy82720267.193,50025,1634,326,039Form
16Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy82620267.253,47525,2054,339,044Form
17Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy82520267.153,47524,8314,249,843Form
18Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy82420267.073,55025,1044,181,258Form
19Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy82020267.163,50025,0534,182,356Form
20Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy81920267.043,55024,9904,088,422Form
21Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy81820267.003,50024,5104,042,247Form
22Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy81420267.2020,000144,0124,131,222Form
23Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy81320267.1360,000427,6803,947,009Form
24Schwartz, Todd GChief Executive OfficerTGS Revocable TrustBuy81220267.0560,000422,9883,480,719Form
25McKay, Christopher JChief Risk & Analytics OfficerDirectSell61620268.3523,683197,81512,638,010Form
26Favilla, Christina M Santo Favilla and Christina Favilla Joint Revocable TrustSell61020268.1430,000244,1761,275,714Form
27Vennettilli, David DirectSell506202610.0010,000100,0001,323,890Form
28Moore, Jocelyn DirectSell31620268.538,19069,861333,318Form
29Johnson, Pamela DCFODirectSell106202610.245,08452,0601,469,276Form
30Moore, Jocelyn DirectSell1215202510.914,46448,721515,871Form
31Moore, Jocelyn DirectSell112520259.2320,200186,385477,313Form
32Johnson, Pamela DCFODirectSell1105202510.001,12911,2901,533,920Form
33McKay, Christopher JChief Risk & Analytics OfficerDirectSell110520259.851,10710,9041,684,567Form
34McKay, Christopher JChief Risk & Analytics OfficerDirectSell1003202511.219,030101,2261,929,566Form
35Johnson, Pamela DCFODirectSell1003202511.215,49761,6211,732,180Form
Core Cache Last Updated: 11/8/2026