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Oportun Financial ( NASDAQ: OPRT ) said Friday it priced $400M of series 2022-2 fixed rate asset-backed notes in a private asset-backed securitization deal secured by unsecured and secured installment loans. The notes were priced with a weighted average yield of 7.996...
SAN CARLOS, Calif., July 15, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that it has priced $400 million of Series 2022-2 fixed rate asset-backed notes (the “Notes”) in a private asset-backed secu...
The Strategy performed in-line with its benchmark, as contributions in the consumer discretionary and energy sectors were offset by declines in industrials and financials. While current valuations are tilted toward a recession, trends in the labor market, energy commodities and corpor...
Barclays lowered its price target on Oportun Financial ( NASDAQ: OPRT ) to $15 from prior $27 in a research note issued on Monday. Rating remains unchanged at Overweight. The cut follows the plunge in stock price, where financial services company has lost 65% in the past nine ...
Gainers: Oportun Financial (OPRT) +15%, CION Investment (CION) +10%, Ocwen Financial (OCN) +5%, Wheeler Real Estate Investment Trust (WHLR) +7%, Q&K International (QK) +3%. Losers: Digital World Acquisition (DWACW) -20%, Doma (DOMA) -12%, Unite...
SAN CARLOS, Calif., June 27, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced that it has been named to the 2022 Greater Bay Area Top Workplaces by San Francisco Bay Area Top Workplaces and the San Francisco Chronic...
--News Direct-- Driven by a mission of financial empowerment and inclusion, our business is built to sustainably drive a positive social impact for the people and communities that have historically been underserved by the mainstream financial system. In 2021, we expanded our capacity to...
--News Direct-- SAN CARLOS, Calif., June 2, 2022 /3BL Media/ - Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today published its 2021 Corporate Responsibility & Sustainability Report. “I’m proud of the efforts and commitme...
SAN CARLOS, Calif., May 24, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today published its 2021 Corporate Responsibility & Sustainability Report. “I’m proud of the efforts and commitments we have made to...
SAN CARLOS, Calif., May 24, 2022 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech and digital banking platform, today announced the issuance of $400 million of two-year revolving asset-backed notes secured by a pool of unsecured and secured installment loans. ...
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SAN CARLOS, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, will release financial results for its second quarter 2024 on Thursday, August 8, 2024, after market close. Oportun will host a conference call and earnings webcast to discuss results on ...
SAN CARLOS, Calif., June 06, 2024 (GLOBE NEWSWIRE) -- Oportun (Nasdaq: OPRT), a mission-driven fintech, today announced that it will participate in the upcoming Sidoti June Virtual Investor Conference. Oportun’s Chief Executive Officer, Raul Vazquez, and Chief Financial Officer &...
Strong performance versus guidance Total operating expenses declined 15% sequentially and 25% year-over-year GAAP net loss sharply reduced by $76M year-over-year, returned to adjusted profitability Additional $150M whole loan sale agreement executed in May ...