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Premier Lending Inc. Adopts FICO Score 10 T for Loan Originations and Whole Loan Investment Fund
Businesswire· 2024-02-21 13:00
BOZEMAN, Mont.--(BUSINESS WIRE)--FICO, a leading analytics software firm, has announced that Premier Lending Inc. (Premier Lending), a family-owned Charlotte, N.C. based mortgage leader, will become an early adopter of FICO® Score 10 T to enhance its non-conforming loan origination efforts as well as acquisitions of mortgage whole loans. Premier Lending will use FICO’s newest, most innovative, and most predictive scoring model to provide real-time evaluation to help value repurchased loans. Motivated by ...
FBLA Partners with FICO to Improve Student Financial Literacy
Newsfilter· 2024-02-14 17:17
Reston, Virginia, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Future Business Leaders of America, Inc. (FBLA), the nation's largest career and technical student organization focused solely on business, announced a partnership with global analytics software leader FICO to promote student understanding of the importance of financial health and credit scores. FICO will provide FBLA members and advisers with micro courses on topics such as the basics of credit and how credit scores impact financial health. The company wi ...
Primis Mortgage Company, Subsidiary of Primis Bank, Becomes First Banked Owned Originator to Adopt FICO® Score 10 T to Increase Access to Homeownership
Businesswire· 2024-02-13 13:00
BOZEMAN, Mont.--(BUSINESS WIRE)--FICO, a global analytics software leader, has announced that Primis Bank, an FDIC-insured and backed institution, is the first bank to adopt FICO® Score 10 T. By tapping FICO’s newest, most innovative, and predictive scoring model, Primis Mortgage is positioned to help more borrowers achieve homeownership and continue its impressive 120 percent year-over-year growth trajectory. This move is a demonstration of Primis’ tech-forward strategy and dedication to helping more fi ...
FICO World 2024 to Spotlight Businesses Leading the "Intelligence Revolution"
Businesswire· 2024-02-12 13:00
BOZEMAN, Mont.--(BUSINESS WIRE)--FICO (NYSE: FICO): Highlights: FICO® World 2024 registration is currently open. Join FICO in San Diego, California from April 15-18. Attendees will learn how to drive toward a successful digital transformation and see the power of FICO® Platform at work. Global analytics software leader FICO today announced that FICO® World 2024 will be held in San Diego, California from April 15-18, 2024. At this event, now in its 48th year, IT and business professionals from over ...
Fair Isaac (FICO) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-02-08 18:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
3 Reasons Growth Investors Will Love Fair Isaac (FICO)
Zacks Investment Research· 2024-01-31 18:45
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...
FICO(FICO) - 2024 Q1 - Earnings Call Transcript
2024-01-27 15:12
Fair Isaac Corporation (NYSE:FICO) Q1 2024 Earnings Conference Call January 25, 2024 5:00 PM ET Company Participants Dave Singleton - Vice President, Investor Relations Will Lansing - Chief Executive Officer Steve Weber - Chief Financial Officer Conference Call Participants Faiza Alwy - Deutsche Bank Surinder Thind - Jefferies Manav Patnaik - Barclays Kyle Peterson - Needham George Tong - Goldman Sachs Seth Weber - Wells Fargo Securities Ashish Sabadra - RBC Capital Markets Jeff Meuler - Baird Rajiv Bhatia ...
FICO(FICO) - 2024 Q1 - Earnings Call Presentation
2024-01-27 12:40
© 2023 Fair Isaac Corporation. Confidential. This presentation is provided for the recipient only and cannot be reproduced or shared without Fair Isaac Corporation's express consent. 11 SEGMENT PROFITABILITY Quarter Ended December 31, 2022 Quarter Ended December 31, 2023 Unallocated Corporate Expenses Total Scores Software Corporate | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------|-------|-------------|----------------|---- ...
Fair Isaac (FICO) Q1 Earnings Lag Estimates, Revenues Up Y/Y
Zacks Investment Research· 2024-01-26 14:01
Fair Isaac (FICO) reported first-quarter fiscal 2024 earnings of $4.81 per share, missing the Zacks Consensus Estimate by 0.41% but rising 13% year over year.Revenues of $382.1 million increased 10.8% on a year-over-year basis but lagged the consensus mark by 1.16%. Americas, EMEA and Asia Pacific contributed 85%, 9% and 6% to total revenues, respectively.Mortgage originations revenues increased 188%. Auto originations revenues declined 3% year over year. Credit card and personal loan revenues declined 5%.T ...
Here's What Key Metrics Tell Us About Fair Isaac (FICO) Q1 Earnings
Zacks Investment Research· 2024-01-26 00:01
Fair Isaac (FICO) reported $382.06 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.8%. EPS of $4.81 for the same period compares to $4.26 a year ago.The reported revenue represents a surprise of -1.16% over the Zacks Consensus Estimate of $386.55 million. With the consensus EPS estimate being $4.83, the EPS surprise was -0.41%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...