The IPO Chime open for business. Leslie Picker has that for us. Less.Hey, Scott. Yes, another IPO off to the races here. Chime opening at $43 per share.It's listed on the NASDAQ. You can see that's up about 62% or so from its IPO price, which was $27 per share. And that already was above expectation above expectations pricing above the range.At that $27 per share level, that implied a valuation on a fully uh diluted basis of about 1.6% billion. That was still roughly half of the value it received in a priva ...

Core Viewpoint - Value investing remains a preferred strategy for identifying strong stocks, focusing on companies believed to be undervalued based on fundamental analysis [2][6] Company Summary - Green Dot (GDOT) is currently rated as a Zacks Rank 1 (Strong Buy) and has an A grade for Value, indicating strong investment potential [4] - GDOT's current P/E ratio is 8.16, significantly lower than the industry average of 23.71, suggesting it may be undervalued [4] - Over the past 52 weeks, GDOT's Forward P/E has fluctuated between a high of 9.32 and a low of 4.21, with a median of 6.67 [4] - GDOT has a P/CF ratio of 7.87, which is also lower than the industry's average P/CF of 18.70, further indicating potential undervaluation [5] - The P/CF for GDOT has ranged from a high of 25.01 to a low of 4.91 over the past year, with a median of 10.48 [5] - Overall, GDOT is highlighted as one of the market's strongest value stocks due to its favorable earnings outlook and valuation metrics [6]

The T. Rowe Price Financials ETF, Health Care ETF and Natural Resources ETF began trading today and expanded the firm's ETF lineup to 22BALTIMORE, June 12, 2025 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today the addition of three new active transparent equity exchange-traded funds (ETF): T. Rowe Price Financials ETF (Ticker: TFNS), T. Rowe Price Health Care ETF (Ticker: TMED), and T. Rowe Price Natural Resources ETF (Ticker: TURF). The new funds began t ...

全新 ETF 差价合约套件提供全球市场主题、实时访问和灵活性伦敦, June 12, 2025 (GLOBE NEWSWIRE) -- EBC Financial Group (EBC) 宣布推出 100 多种新的美国上市交易所买卖基金 (ETF) 差价合约，扩大其多种资产产品套件，并为全球客户提供更深度的多元化主题式交易机会。 此次新产品面世，彰显 EBC 持续致力于提供跨资产类别的机构级工具，并以灵活性、透明度和效率为基础。 新产品包括在 NYSE (纽约证券交易所) 和 NASDAQ (纳斯达克) 上市的 ETF，由 Vanguard、iShares (BlackRock) 和 State Street Global Advisors 等领先的资产管理公司发行。 主题涵盖广泛的全球宏观形势和行业分类叙事。 EBC Financial Group (UK) Ltd 首席执行官 David Barrett 表示：“此次扩张体现我们将市场相关性融入智能产品设计的愿景。 对于寻求更具战略灵活性的目标敞口的交易者来说，新产品是一种自然的演变。 在 EBC，我们正在建立一个兼顾精确度和效能的生态系统。” 主题式访问 ...

Group 1 - Dynex Capital (NYSE: DX) offers a high dividend yield exceeding 16%, raising questions about potential underlying issues with the stock [1] - The analysis emphasizes the importance of understanding business models, earnings performance, and competitive positioning in investment decisions [1] - The author has a background in finance and investing, focusing on sectors such as AI, fintech, and technology, which informs their analysis of publicly traded companies [1] Group 2 - The article does not provide any specific investment recommendations or advice regarding the suitability of investments for particular investors [2][3] - There is a clear disclosure that the author has no financial interest in the companies mentioned, ensuring an unbiased perspective [2]

Highlights Board’s proactive measures to increase long-term stockholder value and record of effective oversight Urges stockholders to vote “FOR” Oportun’s two highly qualified nominees – CEO Raul Vazquez and Carlos Minetti – on the GREEN proxy card SAN CARLOS, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven financial services company, today issued a letter to stockholders from Lead Independent Director Neil Williams detailing the actions that Oportun’s Board of Directors h ...

Core Viewpoint - Senmiao Technology Limited has signed a strategic cooperation agreement with Qinhong International Group to enhance growth and expand its business in the online ride-hailing industry in China [1][3][4] Company Overview - Senmiao Technology Limited, headquartered in Chengdu, Sichuan Province, focuses on automobile transaction services, including sales, financing facilitation, and operating leases in China [4] - Qinhong International Group has been providing financing facilitation support and financial services primarily to small and medium-sized enterprises in Southwest China since its incorporation in 2013 [2] Strategic Cooperation Details - The agreement allows Senmiao to leverage Qinhong's business relationships and customer resources across China [3] - Qinhong will assist Senmiao in securing financing through its extensive relationships with banks and financial institutions when needed [3] Management Perspective - The Chairman and CEO of Senmiao expressed that the cooperation with Qinhong represents a new growth opportunity, aiming to share resources, expand the customer base, and boost revenues [4]

NEW YORK, June 12, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Open Lending Corporation (NASDAQ: LPRO).Shareholders who purchased shares of LPRO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/open-lending-corporation-loss-submission-form/?id=152567&from=4CLASS PERIOD: Feb ...

PHILADELPHIA, June 11, 2025 /PRNewswire/ -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Open Lending Corporation ("Open Lending" or the "Company") (NASDAQ: LPRO) on behalf of purchasers of Open Lending securities between February 24, 2022 through March 31, 2025, inclusive (the "Class Period").Investor Deadline: Investors who purchased or acquired Open Lending securities during the Class Period may, no later than JUNE 30, 2025, seek to be appointed as a ...

Summary of Bread Financial (BFH) 2025 Conference Call Company Overview - **Company**: Bread Financial (BFH) - **Date of Conference**: June 11, 2025 Key Industry Insights - **Consumer Spending Trends**: Positive trends observed in consumer spending and credit sales, with expectations for an increase in second quarter compared to the first quarter [5][6][10] - **Impact of Natural Disasters**: Anticipated $13 million impact on the non-performing loan (NCL) rate due to hurricane-related accommodations for affected consumers [6][10] - **Credit Quality**: Year-over-year improvement in credit quality, with a noted decrease in the NCL loss rate by 83 basis points in May [10][12] Financial Performance - **Guidance for Full Year**: Confidence in achieving the low end of the guidance at 8% for the year, contingent on June data and tariff resolutions [11][12] - **Bond Tender Offer**: Successful cash tender offer for $150 million of senior notes, with strong demand exceeding $500 million [14][15] - **Capital Management**: Focus on maintaining liquidity and capital levels while being opportunistic with buybacks and debt management [16][60][61] Strategic Transformation - **Company Evolution**: Significant transformation over the past four years, focusing on simplifying operations and enhancing financial discipline [20][21][22] - **Partnership Model**: Emphasis on building strong relationships with retail partners to drive co-branding opportunities and improve customer engagement [24][27] - **Credit Underwriting Improvements**: Shift in credit mix from subprime to higher quality, with subprime now at low 40% of the portfolio [30][31] Competitive Landscape - **Buy Now Pay Later (BNPL) Impact**: BNPL competition is acknowledged, but it primarily affects lower credit tiers, with Bread Financial focusing on prime and near-prime customers [28][29] - **Regulatory Environment**: Recent favorable rulings regarding late fees and pricing changes are expected to provide a tailwind to net interest margin (NIM) and revenues [46][50] Future Outlook - **Strategic Priorities**: Focus on operational excellence, optimizing the balance sheet, and enhancing technology capabilities to drive growth and efficiency [68][70] - **Long-term Goals**: Aim for a return on tangible common equity (ROTCE) target of over 20% through disciplined capital management and growth strategies [68][70] Additional Considerations - **Student Loan Impact**: Monitoring of consumers with student loans shows stable performance, with no significant uptick in delinquencies despite the resumption of payments [39][40][41] - **Market Conditions**: Caution regarding macroeconomic conditions and their potential impact on credit quality and consumer behavior [35][36] This summary encapsulates the key points discussed during the conference call, highlighting Bread Financial's current performance, strategic direction, and outlook in the context of the broader financial services industry.