OppFi, Inc. (OPFI)

OppFi reported record annual revenue, net income, and adjusted net income for 2025 on March 11, 2026. On April 29, 2026, OppFi announced a definitive agreement to acquire BNCCORP, Inc. and BNC National Bank, leading to positive stock movement. On May 7, 2026, the company reported record quarterly revenue for Q1 2026 but a decline in adjusted net income and announced a new $40 million share repurchase program, resulting in a 3.79% increase in premarket trading. Historically, OppFi's shares have often increased after earnings reports.

OppFi experiences lower loan demand in the first quarter due to high demand around the holidays and increased borrower cash flows from tax refunds. Charge-offs are typically lower in the second and third quarters and higher later in the year. OppFi uses dynamic seasonal modeling to mitigate exposure during economic volatility.

OppFi, Inc. is a tech-enabled specialty finance platform that partners with community banks to increase credit access for everyday Americans. It operates in the Financial Services sector, offering installment loans through OppLoans, averaging $1,750 with an 11-month term, and reporting payments to credit bureaus. OppFi also provides SalaryTap and holds a 35% equity interest in Bitty Holdings, LLC. The OppFi Card was discontinued in January 2024.

OppFi has a nationwide presence in 40 states, with its headquarters in Chicago, Illinois. The company plans to expand to all 50 states following its acquisition of BNCCORP, Inc. and BNC National Bank, expected to close in the fourth quarter of 2026.

OppFi has maintained a strong brand reputation, holding an A+ rating from the BBB and a 4.4/5.0 star rating on Trustpilot as of March 2026. The company's Net Promoter Score (NPS) was 75 in Q1 2026. OppFi emphasizes financial education through its OppU initiative. No significant negative events specifically affecting OppFi's brand reputation in the past year were identified, although elevated credit losses have impacted adjusted profitability.

Todd G. Schwartz beneficially holds 32.03% of Class A Common Stock, and Theodore G. Schwartz beneficially owns 25.65% as of April 28, 2026. Major institutional owners include Wellington Management Group LLP, BlackRock, Inc., Vanguard Group Inc, UBS Group AG, Morgan Stanley, JPMorgan Chase & Co, Nuveen, LLC, Two Sigma Investments, Lp, Renaissance Technologies Llc, and Millennium Management Llc. Dimensional Fund Advisors LP held 426,089 shares, and Wellington Management Group LLP held 2,474,102 shares.