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Priority Technology Holdings, Inc. Announces Fourth Quarter and Full Year 2025 Financial Results
Businesswire· 2026-03-10 11:30
Priority Technology Holdings, Inc. Announces Fourth Quarter and Full Year 2025 Financial ResultsMar 10, 2026 7:30 AM Eastern Daylight Time# Priority Technology Holdings, Inc. Announces Fourth Quarter and Full Year 2025 Financial ResultsShare---Strong Fourth Quarter Growth Driven by Performance Across Diverse Business SegmentsALPHARETTA, Ga.--(BUSINESS WIRE)--Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), a payments and banking fintech purpose-built to collect, store, lend a ...
PROG Holdings Updates 2026 Outlook Ahead of Investor Day
Businesswire· 2026-03-10 10:30
Core Viewpoint - PROG Holdings, Inc. is updating its full year 2026 outlook for its Purchasing Power business ahead of its Investor Day scheduled for March 10, 2026 [1] Financial Outlook - The application of revenue recognition standard ASC 606 will lead to a reduction in total Purchasing Power revenue by approximately $70 million, affecting the Travel and Service product categories [2] - The revised total revenue guidance for PROG Holdings from continuing operations is projected to be between $2,950 million and $3,070 million, while Purchasing Power's total revenues are expected to range from $610 million to $660 million [4] - The company anticipates Purchasing Power's revenue to grow at a low double-digit rate, with no material impact on gross margin, earnings before taxes, or adjusted EBITDA due to the changes [2][3] Assumptions and Market Conditions - The company's assumptions for the 2026 outlook remain unchanged, including expectations of a challenging operating environment with soft demand for consumer durable goods [3] - The company does not anticipate a material economic slowdown despite ongoing geopolitical tensions, such as hostilities related to Iran [3] Company Overview - PROG Holdings, Inc. is a fintech holding company that provides various consumer financial products, including lease-to-own solutions and employee purchase programs [5]
Shift4 Payments vs Corpay: Two Fintech Giants Fighting for the Future of Payments
247Wallst· 2026-03-10 10:25
Core Insights - Shift4 Payments and Corpay are two fintech companies with distinct strategies in the payments industry, with Shift4 focusing on the physical experience economy and Corpay emphasizing corporate payments [1] Financial Performance - Shift4 Payments reported Q4 revenue of $1.19 billion, a 34% increase year-over-year, but down 25% year-to-date [1] - Corpay's revenue reached $1.248 billion, up 20.7% year-over-year and up 8% year-to-date, with Corporate Payments volume surging 67% to $81.43 billion [1] Strategic Focus - Shift4 is enhancing its presence in the experience economy through its acquisition of Global Blue, which targets luxury retailers across over 75 countries [1] - Corpay is rotating its portfolio towards corporate payments and plans to divest assets worth $1.0 billion to $1.3 billion for buybacks [1] Business Drivers - Shift4's core growth engine is the experience economy and Global Blue luxury retail, while Corpay focuses on corporate payments and cross-border transactions [1] - Shift4's EBITDA margin stands at 50% on GRLNF, whereas Corpay's EBITDA margin is 57.1% [1] Integration and Execution - Shift4's success will depend on the effective cross-selling of Global Blue, targeting 15 countries for terminal launches in 2026 [1] - Corpay's acquisition of Alpha is expected to contribute approximately $300 million in incremental revenue in 2026 [1] Market Performance - As of March 9, Shift4 is down approximately 25% year-to-date, while Corpay is up about 8% year-to-date, indicating differences in execution clarity [1]
Is Circle Internet Group (CRCL) Among the Best Performing Stocks in February?
Yahoo Finance· 2026-03-10 06:31
Circle Internet Group (NYSE:CRCL) is among the 12 Best Performing Stocks in February. Is Circle Internet Group (CRCL) Among the Best Performing Stocks in February? On February 25, 2026, Reuters reported that Circle Internet Group (NYSE:CRCL) announced fourth-quarter revenue that exceeded Wall Street projections, due to the higher circulation of its USD Coin stablecoin. The firm achieved $770 million in total sales and reserve income, up 77% year on year and above analysts' $739 million estimate gathered ...
Feathery Launches Industry-First One-Click Schwab Account Opening via API
Businesswire· 2026-03-09 23:20
Core Insights - Feathery has launched the first one-click Schwab account opening solution via API, allowing advisory firms to create Schwab accounts directly from their workflows without manual data entry or system switching [1] Group 1: Product Launch - The new solution addresses the time-consuming nature of account opening in wealth management, where advisors often enter the same client information multiple times [1] - By utilizing Schwab's Digital Account Onboarding APIs, Feathery enables firms to validate client data, generate onboarding envelopes, and submit account opening requests within a single workflow [1] - This integration aims to streamline the onboarding process, allowing advisors to focus more on client service rather than administrative tasks [1] Group 2: Benefits of Integration - The expanded integration allows firms to streamline mergers and acquisitions (M&A) and transitions for Schwab accounts [1] - It facilitates embedding custodian onboarding into broader client workflows, accelerating the time to account opening and funding [1] - The solution eliminates duplicate data entry, pre-validates client and account information to reduce Not-In-Good-Order (NIGO) errors, and enables direct account opening from Feathery workflows [1] Group 3: Operational Efficiency - Feathery's platform orchestrates workflows across various systems, enabling firms to collect client information once and track onboarding status throughout the process [1] - The Schwab API integration represents a significant step towards fully automated client onboarding, reducing operational friction and improving data quality [1]
BofA Cuts Price Target on Sea Ltd. as E-Commerce Margin Visibility Remains Limited
Financial Modeling Prep· 2026-03-09 21:01
Core Viewpoint - BofA Securities has lowered its price target for Sea Ltd. to $125 from $150 while maintaining a Buy rating, citing a 30% decline in share price year-to-date due to rising competition in e-commerce and increased investment spending [1] Group 1: E-commerce Segment - Visibility into margin improvement for Sea's e-commerce segment remains limited, as spending levels will heavily depend on competitive dynamics [2] - BofA expects e-commerce EBITDA margins to remain under pressure in the first half of 2026 due to ongoing investments in fulfillment infrastructure, logistics, and customer incentives [3] - Margins at Shopee are anticipated to begin recovering in the second half of 2026 as investments taper following a front-loaded spending cycle [3] Group 2: Other Business Segments - Sea's gaming and fintech segments are maintaining strong momentum, with the fintech unit, Monee, expected to generate higher EBITDA than Shopee despite some margin compression [4] - BofA has not observed significant non-performing asset risks within the fintech portfolio [4] Group 3: Earnings Forecasts and Valuation - BofA has reduced its fiscal 2026–2028 earnings forecasts by 17% to 22% to reflect lower expected margins and higher taxes [5] - The valuation multiple for the e-commerce business has been cut to 20x EBITDA from 30x, citing slower expected profit growth [5] - Despite the lowered price target, BofA argues that consensus estimates have already been significantly reduced, suggesting limited further downside risk following the stock's recent correction [5]
Bitcoin Depot Schedules Fourth Quarter and Full Year 2025 Conference Call for Monday, March 16th at 10:00 a.m. ET
Globenewswire· 2026-03-09 20:05
ATLANTA, March 09, 2026 (GLOBE NEWSWIRE) -- Bitcoin Depot (Nasdaq: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, will hold a conference call and live audio webcast on Monday, March 16th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the fourth quarter and full year ended December 31, 2025. Bitcoin Depot plans to release its results before the market opens on the same day. Call Date: Monday, March 16, ...
Dave Soars 165% in a Year: Should You Invest in Its Stock Now?
ZACKS· 2026-03-09 17:45
Key Takeaways DAVE stock skyrockets 165% in a year, beating the industry as its simple fee model attracts underbanked users.Dave's CashAI v5.5 helped lift monthly transacting members 19% y/y to 2.9M.DAVE trades at 14.44X forward EPS, below industry levels, while 2026 revenues are projected to rise 25.4%.Dave Inc. (DAVE) stock has skyrocketed 165.2% over the past year, outperforming the industry's 23.7% rally and the Zacks S&P 500 composite's 24.6% growth.1-Year Share Price Performance Image Source: Zacks In ...
Options Traders Are Buying the Dip on SoFi Stock
Schaeffers Investment Research· 2026-03-09 17:40
SoFi Technologies (NASDAQ:SOFI) stock is down 2.8% to trade at $18.36 today, with fintech stocks not spared from the broad-market malaise. Despite 29.7% year-to-date deficit, SOFI is one of call traders' most popular names in recent weeks.Sofi just landed on Senior Quantitative Analyst Rocky White's list of stocks seeing the most options volume over the past 10 days, with 3.6 million calls and 1.3 million puts exchanged. In this timeframe, the March 20 and 23 calls are most popular, with spread activity aro ...
DeFi Development Cuts Near-Term SOL Guidance, Highlights ApeX Stablecoin Bet to Boost Fundraising
Yahoo Finance· 2026-03-09 16:06
A key topic during the session was the company’s previously announced downward revision to near-term guidance, which was reduced to 0.085 SOL per share from 0.165 SOL per share, while long-term guidance was maintained.Additional February efforts cited by Humiston included institutional investor education through published content and the company’s “Just Chatting” series, plus broader community engagement across X, YouTube, and other platforms.Humiston also highlighted the company’s role in co-hosting “Solan ...