UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-39050 OPORTUN FINANCIAL CORPORATION (Exact Name of Registrant as Specified in its Charter) Delaware ...

November 6, 2023 1 3Q 2023 Earnings Presentation Forward-looking statements This presentation and the accompanying oral presentation contain forward-looking statements. All statements other than statements of historical fact contained in this presentation and the accompanying oral presentation, including statements as to future performance, results of operations and financial position; statements related to the effectiveness of the Company's cost reduction measures and the impacts on the Company's business; ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-39050 OPORTUN FINANCIAL CORPORATION (Exact Name of Registrant as Specified in its Charter) State or Other ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-39050 OPORTUN FINANCIAL CORPORATION (Exact Name of Registrant as Specified in its Charter) State or Othe ...

1Q 2023 Earnings Presentation May 8, 2023 Forward-looking statements This presentation also contains estimates and other statistical data made by independent parties and by the Company relating to market size and growth and other industry data. These data involve a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. The Company has not independently verified the statistical and other industry data generated by independent parties and contained in this pre ...

Oportun Financial Corporation (NASDAQ:OPRT) Q1 2023 Earnings Conference Call May 8, 2023 5:00 PM ET Company Participants Dorian Hare - Senior Vice President-Investor Relations Raul Vazquez - Chief Executive Officer Jonathan Coblentz - Chief Financial Officer and Chief Administrative Officer Conference Call Participants John Hecht - Jefferies Rick Shane - JPMorgan Steven Kwok - KBW Operator Welcome to Oportun Financial Corporation’s First Quarter 2023 Earnings Conference Call. All lines have been placed on m ...

Funding & Liquidity - Oportun delayed a $42 million residual financing facility amortization to 2024 and increased the capacity of a senior secured term loan by up to $75 million[1] - Oportun kept 2H22 Adjusted Operating Expenses flat from 1H22[1] Cost Measures - Oportun achieved a 524% 4Q adjusted operating efficiency ratio, a 1,215 bps improvement[2] - Oportun is targeting $48-53 million in 2023 run-rate expense savings, aiming for a 75% reduction in hiring and backfills[2] Loan Performance & Credit Tightening - Post-July credit tightening loans are performing better or near 2019 pre-pandemic vintages and growing in proportion[10] - First Payment Defaults have been driven down to 2019 pre-pandemic levels[6] - 4Q22 total cash was $204 million, with operating cash flow of $89 million[90] ESG Impact - Oportun's lending is 6x less expensive on average vs lending alternatives for people with little or no credit history, and 24x vs online-only lenders[18] - Oportun has helped 11 million people establish a credit history[18] - Oportun members have cumulatively saved over $23 billion in interest and fees[18] - Digit Member Savings total $89 billion+, with an average of $1,800+ saved annually per member[18] Financial Performance - Oportun projects YE 2023 portfolio yield to be over 200 basis points higher than YE 2022[90] - Oportun's total revenue for 2023 is projected to grow 52% year-over-year[41] - Oportun members using our seven credit and digital banking products are 19 million[51]

Digital Banking and Financial Products - The acquisition of Digit on December 22, 2021, has enabled the company to offer a comprehensive suite of digital banking products, resulting in members saving over $8.9 billion since 2015[22] - The digital banking platform aims to provide lower-cost financial products compared to market alternatives, focusing on financial inclusion[26] - The Oportun Mobile App integrates credit and digital banking products, enhancing member engagement and retention[24] - The Direct product utilizes AI to manage members' finances, ensuring savings goals are met while providing traditional checking account features[47] - Digit's savings product has helped members increase their liquid savings by approximately 50% on average after one year of use, contributing to over $8.9 billion saved since 2015[46] Loan Products and Performance - The average loan size for personal loans originated in 2022 was $4,189, with a weighted average term of 38 months and an APR of 32.0%[40] - Secured personal loans range from $2,525 to $18,000, with an average loan size of $8,304 and a weighted average term of 49 months and an APR of 28.3%[42] - The Oportun® Visa® Credit Card, launched in December 2019, offers credit lines from $300 to $3,000, with an average APR of 29.8% as of December 31, 2022[43] - The company utilizes over 9.2 billion data points in its risk model development, allowing it to score 100% of applicants seeking loans, thus minimizing risk and expanding its member base[27] - The average life of loans is impacted by scheduled amortization, charge-offs, and prepayments, providing insights into loan performance[364] Employee Engagement and Culture - Approximately 82% of employees participated in the 2022 engagement survey, with 85% reporting satisfaction and 89% expressing pride in working at Oportun[64] - Oportun has been recognized as a Greater Bay Area's Top Workplace for four consecutive years, highlighting its commitment to employee satisfaction and engagement[65] - The company has nine employee resource groups focused on various communities, promoting a culture of diversity and inclusion[12] - 70% of the Board identifies as women or members of an underrepresented group, reflecting a strong commitment to diversity and inclusion[12] - The total rewards program includes competitive salaries, annual bonuses, equity awards, and comprehensive benefits to support employee well-being[12] Business Strategy and Growth - The company plans to invest in scaling marketing capabilities and expanding its Lending as a Service partnerships to increase its member base[33] - Oportun has established partnerships for its Lending as a Service model, including collaborations with DolEx and Sezzle, expanding its reach to new members[49] - The company’s strategy includes enhancing product offerings and providing a unified mobile experience to increase member lifetime value[32] Financial Health and Compliance - A non-cash goodwill impairment charge of $108.5 million was recognized for the year ended December 31, 2022, due to a sustained decline in share price[364] - Remaining cumulative charge-offs are estimates of principal payments not expected to be repaid, adjusted based on historical loan performance and future credit expectations[364] - The company is subject to various federal and state regulations, including oversight by the Consumer Financial Protection Bureau (CFPB) and compliance with the Dodd-Frank Act[54] - Oportun's technology infrastructure is designed for high availability and security, with a comprehensive cybersecurity program in place to protect data and systems[58] - The company has not filed any patent applications for its proprietary risk model or underwriting process, considering them trade secrets[61] Workforce and Operational Changes - As of December 31, 2022, Oportun employed 3,000 full-time and 235 part-time employees, with a 10% reduction announced in February 2023, affecting around 155 employees[66] - The transition to a remote-first policy in 2021 has allowed for greater flexibility and access to a wider talent pool[12] - The company regularly benchmarks compensation against market practices to ensure competitiveness in employee rewards[12]

Oportun Financial Corporation (NASDAQ:OPRT) Q4 2022 Earnings Conference Call March 13, 2023 5:00 PM ET Company Participants Dorian Hare – Vice President-Investor Relations Raul Vazquez – Chief Executive Officer Jonathan Coblentz – Chief Financial Officer and Chief Administrative Officer Conference Call Participants Sanjay Sakhrani – KBW Matthew Hurwit – Jefferies Rick Shane – JPMorgan Hal Goetsch – Loop Capital Markets David Scharf – JMP Securities Operator Hello and welcome to the Oportun Financial Fourth ...

March 13, 2023 In some cases, you can identify forward-looking statements by terminology such as "aim," "anticipate," "assume," "believe," "contemplate," "continue," "could," "due," "estimate," "expect," "goal," "intend," "may," "objective," "plan," "predict," "potential," "positioned," "seek," "should," "target," "will," "would," or the negative of these terms or other similar words. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Ac ...