OppFi (NYSE:OPFI) Releases Earnings Results, Beats Expectations By $0.02 EPS

OppFi (NYSE:OPFI) posted its quarterly earnings data on Thursday. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02, FiscalAI reports. OppFi had a return on equity of 42.69% and a net margin of 10.86%.The firm had revenue of $87.30 million during the quarter, compared to analyst estimates of $151.14 million.

Here are the key takeaways from OppFi’s conference call:

• Acquisition of BNC National Bank: OppFi announced a cash-and-stock deal (~$130M) to acquire BNC, bringing a national bank charter, ~ $1B of deposits, and broader geographic reach with closing expected in Q4 2026 (subject to regulatory approvals).
• Management expects the combination to be materially accretive — projecting at least 25% / 40% / 50% adjusted EPS accretion in years 1–3 and management-forecasted synergy dollars of ~$60M / $90M / >$115M in years 1–3, though these are forward-looking and contingent on execution and approvals.
• Q1 2026 operating performance was mixed: revenue rose 8% to $152M and receivables were up 9%, but originations fell 7%, net charge-offs rose (net charge-offs = 42% of revenue, up from 35%), and adjusted EPS fell 11% to $0.35.
• Technology and product roadmap: OppFi fully deployed its Model 6.1 refit, is building Model 7 (targeted for fall), is beginning migration to its new LOLA platform (substantial completion expected Q3 2026), and will launch a new line-of-credit product in summer 2026 to enable new geographies and product optionality.
• Capital and corporate actions: OppFi converted from an Up?C to a C?Corp (recording ~$466M tax?amortizable goodwill with ~$111M estimated future cash tax savings), repurchased $9.9M of stock in Q1 and announced a new $40M buyback program, and plans >$150M of strategic investments in 2026.

OppFi Stock Performance

Shares of NYSE OPFI traded down $0.54 during midday trading on Friday, reaching $9.35. The stock had a trading volume of 1,194,746 shares, compared to its average volume of 550,871. The stock has a 50-day moving average of $8.56 and a 200-day moving average of $9.45. The company has a market capitalization of $796.13 million, a price-to-earnings ratio of 10.06 and a beta of 1.86. OppFi has a 12-month low of $7.36 and a 12-month high of $15.03.

Trending Headlines about OppFi

Here are the key news stories impacting OppFi this week:

• Positive Sentiment: OppFi reported Q1 EPS of $0.35, topping estimates, while total revenue rose 8.3% year over year to a record first-quarter $151.9 million and net income jumped 165%. OppFi Reports First Quarter 2026 Results, Record Quarterly Revenue
• Positive Sentiment: The board approved a new $40 million share repurchase program, which can support the stock by signaling confidence in valuation and future cash generation. OppFi Reports First Quarter 2026 Results, Record Quarterly Revenue
• Positive Sentiment: Several analysts nudged estimates higher after the earnings release, including Northland Securities raising FY2026 EPS to $1.80 from $1.78 and Stephens lifting its price target to $11.00 from $9.00. Wall Street Analysts Believe OppFi (OPFI) Could Rally 34.78%: Here’s is How to Trade
• Neutral Sentiment: Stonegate Capital noted that the bigger longer-term story is OppFi’s move toward a bank-enabled, deposit-funded model through the pending BNCC acquisition, which could improve funding flexibility but still needs execution. Stonegate Capital Partners Updates Coverage on OppFi, Inc. (OPFI) 1Q26
• Negative Sentiment: Revenue came in well below consensus, and total net originations fell 7% in Q1 as OppFi tightened credit and customers needed fewer loans after larger tax refunds. Tax Refunds Squeeze OppFi Loan Volume
• Negative Sentiment: Despite the earnings beat, OppFi guided FY2026 EPS of $1.76-$1.84 and revenue of $650 million-$675 million, which is only roughly in line with expectations and may have disappointed traders looking for a bigger upside surprise. OppFi Reports First Quarter 2026 Results, Record Quarterly Revenue

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Stephens boosted their price target on OppFi from $9.00 to $11.00 and gave the company an “equal weight” rating in a report on Friday. Citizens Jmp decreased their price objective on OppFi from $16.00 to $15.00 and set a “market outperform” rating on the stock in a research note on Friday, April 17th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $13.00.

Insiders Place Their Bets

In related news, Director Jocelyn Moore sold 8,190 shares of OppFi stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $8.53, for a total transaction of $69,860.70. Following the transaction, the director owned 39,076 shares in the company, valued at approximately $333,318.28. The trade was a 17.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David Vennettilli sold 10,000 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $10.00, for a total value of $100,000.00. Following the completion of the sale, the director owned 132,389 shares of the company’s stock, valued at $1,323,890. The trade was a 7.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 72.00% of the stock is currently owned by insiders.

Institutional Trading of OppFi

Several institutional investors and hedge funds have recently added to or reduced their stakes in OPFI. Wellington Management Group LLP lifted its holdings in OppFi by 193.3% in the 4th quarter. Wellington Management Group LLP now owns 2,474,102 shares of the company’s stock worth $25,879,000 after purchasing an additional 1,630,450 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in OppFi by 163.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 780,258 shares of the company’s stock valued at $8,840,000 after buying an additional 483,859 shares in the last quarter. Jump Financial LLC bought a new stake in shares of OppFi during the third quarter valued at approximately $3,056,000. Nuveen LLC raised its position in shares of OppFi by 53.8% during the fourth quarter. Nuveen LLC now owns 754,039 shares of the company’s stock valued at $7,887,000 after buying an additional 263,744 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in shares of OppFi by 342.0% in the third quarter. Squarepoint Ops LLC now owns 291,197 shares of the company’s stock worth $3,299,000 after buying an additional 225,315 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

About OppFi

OppFi (NYSE: OPFI) is a financial technology company that provides digital lending and credit solutions designed to meet the needs of near-prime consumers in the United States. Through its technology-driven platform, OppFi offers unsecured installment loans under the OppLoans brand, allowing borrowers to access credit online or via mobile devices. The company leverages proprietary data analytics and machine learning models to assess credit risk, streamline underwriting processes and deliver personalized loan products with transparent terms.

Headquartered in Chicago, Illinois, OppFi was founded in 2013 with a mission to increase financial inclusion for underserved and underbanked populations.