Core Points - Oportun will release its financial results for the first quarter of 2025 on May 8, 2025, after market close [1] - A conference call and earnings webcast will be held on the same day at 5:00 pm ET / 2:00 pm PT to discuss the results [2] - The record date for stockholders entitled to vote at the 2025 annual meeting is set for May 27, 2025 [3] Company Overview - Oportun is a mission-driven financial services company that has provided over $19.7 billion in responsible and affordable credit since its inception [4] - The company has saved its members more than $2.4 billion in interest and fees, averaging over $1,800 in annual savings per member [4] Proxy Statement Information - Oportun plans to file a proxy statement with the SEC for the 2025 Annual Meeting of Stockholders [5] - The board of directors and certain executive officers are participants in the solicitation of proxies [6] - Stockholders will receive the definitive 2025 Proxy Statement and a GREEN proxy card after it is filed with the SEC [7]

Core Viewpoint - Oportun is set to release its financial results for the first quarter of 2025 on May 8, 2025, and will host a conference call to discuss these results [1][2]. Company Information - Oportun is a mission-driven financial services company that has provided over $19.7 billion in responsible and affordable credit since its inception, saving its members more than $2.4 billion in interest and fees, with an average annual saving of over $1,800 per member [4]. - The record date for stockholders entitled to vote at Oportun's 2025 annual meeting is May 27, 2025 [3]. Proxy and Meeting Information - Oportun plans to file a proxy statement with the SEC for the 2025 Annual Meeting of Stockholders, which will include details about the solicitation of proxies [5]. - Members of Oportun's board of directors are participating in the proxy solicitation, and additional information regarding their interests will be included in the 2025 Proxy Statement [6]. - Stockholders will receive the definitive 2025 Proxy Statement and a GREEN proxy card after it is filed with the SEC [7].

Core Viewpoint - Oportun Financial Corporation (OPRT) has experienced significant stock price decline amid broader market volatility, primarily due to economic concerns and trade war fears, but the company shows potential for growth through solid loan growth and technological advancements [1][3][27]. Group 1: Market Performance - OPRT shares have decreased by 25.8% over the past month, underperforming both the Zacks Finance sector and the S&P 500 index [1]. - The stock has also lagged behind close peers such as Enova International, Inc. (ENVA) and Regional Management Corp. (RM) [1]. Group 2: Revenue and Growth Factors - Oportun's total revenues and loans receivable at fair value have shown a 5-year compound annual growth rate (CAGR) of 10.8% and 8.1%, respectively [4]. - The company has diversified its loan offerings, including personal loans and "lending as a service," which has helped in expanding its client base and increasing interest income [8]. - Non-interest income has also seen a CAGR of 6.4% over the past five years, contributing to overall revenue growth [9]. Group 3: Financial Estimates - Management expects total revenues for Q1 2025 to be between $225 million and $230 million, down from $250.5 million in the same quarter last year [13]. - The Zacks Consensus Estimate for total revenues in 2025 is projected to be between $945 million and $970 million, compared to $1 billion in 2024 [13]. Group 4: Technological Advancements - Oportun is leveraging technology, including AI and machine learning, to enhance underwriting standards and provide personalized customer service, which helps in assessing credit profiles more effectively [14][16]. - The use of advanced technology is expected to reduce default risks and improve operational efficiency [15][16]. Group 5: Financial Health - As of December 31, 2024, Oportun's cash and cash equivalents totaled $214.6 million, with total debt at $69.1 million, indicating a strong liquidity position [17]. - The company has multiple funding sources for loan growth, including cash flows from operations and securitizations [18]. Group 6: Analyst Sentiment and Valuation - The Zacks Consensus Estimate for Oportun's earnings per share for 2025 and 2026 has been revised upward by 11.2% and 6.4%, respectively, indicating positive analyst sentiment [20]. - Oportun's price-to-book ratio (P/B) stands at 0.45X, significantly lower than the industry average of 2.25X, suggesting the stock is undervalued [24][26]. Group 7: Challenges and Long-term Outlook - Operating expenses have recorded a five-year CAGR of 2.5%, and the company plans to reduce expenses by $30 million annually, although overall expenses are expected to remain elevated in the near term [28]. - Oportun's return on equity (ROE) is 5.50%, lower than the industry average of 9.68%, indicating inefficiencies in utilizing shareholders' funds [31]. Group 8: Conclusion - Despite challenges, Oportun is well-positioned for growth due to solid loan growth, technological advancements, and positive analyst sentiment, making it a potentially lucrative investment for long-term investors [27][34].

SAN CARLOS, Calif., March 27, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today confirmed receipt of a notice from Findell Capital Management LLC (“Findell”) nominating two directors to stand for election to the Oportun Board of Directors (the “Board”) at the Company’s 2025 Annual Meeting of Shareholders. The Board issued the following statement in response: Over the past three years, the Oportun Board of Directors has overseen decisive and deliberate action ...

Core Viewpoint - Findell Capital Management expresses confidence in the expertise of nominated directors Sandra Bell and Warren Wilcox to improve governance and operations at Oportun Financial Corporation, highlighting the legacy board's record of value destruction and attributing recent stock price recovery to Findell's involvement [1][3][5]. Group 1: Governance Issues - The current board of Oportun is criticized for being controlled by six legacy directors lacking lending experience, raising concerns about their ability to oversee the company effectively [3][6]. - Findell believes the addition of Bell and Wilcox is essential to address governance issues that hinder long-term value realization [3][11]. Group 2: Stock Performance - Oportun's stock price peaked at $27.95 in November 2021 but fell to around $3 in early 2023 due to management errors, with a recovery to approximately $6 following Findell's engagement and the addition of new directors [5][6]. - The legacy board's claims of credit for the stock price improvement are viewed as unfounded, as the recovery is attributed to Findell's actions and the new directors' involvement [6][11]. Group 3: Financial Performance - Oportun has a loan book of approximately $3 billion generating $1 billion in interest revenue, with the potential to produce over $250 million in pre-tax income if managed effectively [7]. - The company reported a decline in origination volume from $3 billion in 2022 to $1.8 billion in 2024, indicating that cost reductions have not kept pace with declining income-producing assets [9][10]. Group 4: Director Qualifications - Sandra Bell has extensive experience in financial services, having served as CFO for multiple companies and holding significant roles in risk and audit committees [12]. - Warren Wilcox has a strong background in fintech and lending, having served on various boards and played a key role in creating new financial technology startups [13][14]. Group 5: Call to Action - Findell encourages shareholders to support the nomination of Bell and Wilcox to drive necessary changes at Oportun, emphasizing the importance of shareholder interests over those of the current board [15][16].

SAN CARLOS, Calif., March 20, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today issued the following statement regarding a public letter from Findell Capital Management LLC (“Findell”): Oportun’s management team and Board of Directors maintain consistent and open dialogue with our shareholders and welcome constructive feedback. We have engaged actively, repeatedly and in good faith with Findell for some time, striving to foster a constructive and collaborati ...

Announces Intent to Nominate Two Highly Qualified Director Candidates With Lending Experience to Replace CEO Raul Vasquez and Lead Director R. Neil WilliamsCriticizes Inexperienced Legacy Board Members for Standing in the Way of Significant Shareholder Value CreationBelieves Oportun Is Significantly Undervalued NEW YORK, March 20, 2025 /PRNewswire/ -- Findell Capital Management LLC ("Findell"), which beneficially owns approximately 9.1% of the outstanding common stock of Oportun Financial Corporation ("Opor ...

Core Viewpoint - Oportun, a mission-driven financial services company, will participate in the Sidoti March Virtual Investor Conference, highlighting its commitment to financial empowerment for its members [1][2]. Company Overview - Oportun has provided over $19.7 billion in responsible and affordable credit since its inception [4]. - The company has saved its members more than $2.4 billion in interest and fees [4]. - On average, Oportun members save over $1,800 annually [4]. Event Details - The presentation by Oportun's CEO Raul Vazquez and CFO Jonathan Coblentz will take place on March 20th at 4:00 pm ET [2]. - A live webcast of the presentation will be available, with a replay accessible for 90 days post-conference [3].

Core Insights - The article emphasizes the importance of micro and small-cap stocks in investment strategies, suggesting that these segments can offer unique opportunities for growth and diversification [1]. Group 1 - The platform is utilized for idea exchange and gaining diverse perspectives on investment opportunities [1]. - The analyst has no current or planned positions in any mentioned companies, indicating an unbiased viewpoint [1]. Group 2 - The article does not provide specific investment recommendations or advice, maintaining a neutral stance on the suitability of investments for individual investors [2]. - It highlights that past performance is not indicative of future results, reinforcing the need for careful consideration in investment decisions [2].

Oportun Financial Corporation (OPRT) closed the last trading session at $6.49, gaining 21.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $8.55 indicates a 31.7% upside potential.The average comprises five short-term price targets ranging from a low of $6.50 to a high of $11, with a standard deviation of $2.03. While the lowest estimate indicates an increase of 0.2% from the cur ...