Oportun Financial Corporation
- Open
- 5.77
- Day high
- 5.83
- Day low
- 5.66
- Prev close
- 5.75
- Volume
- 40K
- Mkt cap
- $267M
- P/E (TTM)
- 15.4
- EPS (TTM)
- $0.37
- P/B
- 0.7
- P/S
- 0.4
- Yield
- —
- Per share
- —
Oportun Financial Corporation (OPRT) is a Financial Services company listed on NASDAQ. The stock is down 15% over the past year.
Oportun Financial Corporation (OPRT) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
OPRT earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 7, 2026 | $0.21 | $0.21 | +0.0% | $229M | +0.1% |
| Nov 4, 2025 | $0.26 | $0.39 | +50.0% | $162M | -33.6% |
| May 8, 2025 | $0.09 | $0.40 | +344.4% | $236M | +3.2% |
| Feb 12, 2025 | $0.12 | $0.49 | +308.3% | $251M | +1.2% |
| Aug 8, 2024 | $-0.18 | $0.08 | +144.4% | $250M | +2.1% |
| May 9, 2024 | $-0.12 | $0.09 | +175.0% | $250M | +4.1% |
| Mar 12, 2024 | $-0.49 | $-0.54 | -10.2% | $263M | +0.2% |
| Mar 13, 2023 | $0.18 | $0.14 | -22.2% | $143M | -45.5% |
| Feb 24, 2022 | $0.71 | $0.82 | +15.5% | $161M | -13.1% |
| Nov 3, 2021 | $0.44 | $0.78 | +77.3% | $139M | +23.6% |
| Aug 5, 2021 | $0.05 | $0.56 | +1108.7% | $120M | -12.1% |
| May 6, 2021 | $0.20 | $0.41 | +105.0% | $110M | +13.7% |
OPRT insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 11, 2026 | Bland Douglas Kdirector, officer: Chief Executive Officer | Grant | 463,822 | — |
| Mar 12, 2026 | Kirscht Patrickofficer: Chief Credit Officer | Sell | 8,666 | $4.90 |
| Mar 12, 2026 | Kirscht Patrickofficer: Chief Credit Officer | Sell | 19,362 | $4.90 |
| Mar 12, 2026 | Vazquez Rauldirector, officer: Chief Executive Officer | Tax | 18,260 | — |
| Mar 12, 2026 | Layton Kathleen I.officer: Chief Legal Officer | Sell | 5,556 | $4.90 |
| Mar 12, 2026 | Kirscht Patrickofficer: Chief Credit Officer | Grant | 75,047 | — |
| Mar 12, 2026 | Kirscht Patrickofficer: Chief Credit Officer | Sell | 12,099 | $4.90 |
| Mar 12, 2026 | Layton Kathleen I.officer: Chief Legal Officer | Grant | 35,179 | — |
| Mar 12, 2026 | Layton Kathleen I.officer: Chief Legal Officer | Sell | 12,401 | $4.90 |
| Mar 12, 2026 | Vazquez Rauldirector, officer: Chief Executive Officer | Tax | 32,787 | — |
| Mar 12, 2026 | Kirscht Patrickofficer: Chief Credit Officer | Grant | 37,524 | — |
| Mar 12, 2026 | Vazquez Rauldirector, officer: Chief Executive Officer | Tax | 18,190 | — |
| Mar 12, 2026 | Vazquez Rauldirector, officer: Chief Executive Officer | Tax | 21,094 | — |
| Mar 12, 2026 | Kirscht Patrickofficer: Chief Credit Officer | Sell | 14,172 | $4.90 |
| Mar 12, 2026 | Layton Kathleen I.officer: Chief Legal Officer | Sell | 1,398 | $4.90 |
Source: OPRT SEC Form 4 filings, latest Jun 11, 2026. For informational purposes only — not investment advice.
See the full OPRT insider & 13F page →Oportun Financial Corporation company profile
Overview
Oportun Financial Corporation (NYSE:OPRT) is a financial services company that specializes in providing credit products to underserved Hispanic and other communities in the United States. Founded in 2005 and headquartered in San Carlos, California, the company went public in September 2019. Oportun operates through both digital channels and physical retail locations across 24 states, focusing on serving customers who typically have limited credit history or are underserved by traditional financial institutions. The company has undergone significant strategic transformation in recent years, moving from losses to profitability while refining its credit models and expanding its secured lending products.
Business
Oportun operates in the consumer credit services industry, which involves providing loans and credit products to individual consumers rather than businesses. The company's core business revolves around three main product categories that serve customers who often have thin credit files or limited access to traditional banking services. The company's primary offering is unsecured personal loans, which are installment loans that don't require collateral. These loans typically range from smaller amounts and are designed for customers who need access to credit for various personal expenses, debt consolidation, or emergency situations. Personal loans represent the majority of Oportun's business, with the company originating approximately $469 million in total loans during Q1 2025. Secured personal loans represent a growing segment of the business, accounting for 19% of personal loan growth in Q1 2025. These loans require collateral, such as a vehicle title, which reduces the lender's risk and allows for lower interest rates. This product has shown strong growth, increasing 59% year-over-year to $178 million in Q1 2025, and management has noted that secured loans have charge-off rates that are 350 basis points lower than unsecured loans. The company also offers auto loans for vehicle purchases, though this represents a smaller portion of their business. Additionally, Oportun previously offered credit cards but sold this portfolio in 2024 as part of their strategic focus on their core lending products. Oportun differentiates itself by serving customers who are often overlooked by traditional lenders - particularly those with thin credit files, limited credit history, or who prefer to conduct business in Spanish. The company maintains a commitment to responsible lending practices, including a self-imposed 36% APR cap on their loans, which is lower than many competitors in the subprime lending space.
Revenue model
Oportun generates revenue primarily through interest income from its loan portfolio, operating as a traditional lender that makes money on the spread between its cost of funding and the interest rates charged to borrowers. The company's portfolio yield was 34.2% in Q4 2024, representing a 155 basis point increase year-over-year, while their funding costs are significantly lower. The company's customers are primarily individual consumers who pay monthly installments on their loans over predetermined terms. Revenue is recognized as interest income over the life of the loans, with the company also collecting origination fees and other ancillary charges. In Q1 2025, total revenue was $236 million, though this represented a 6% year-over-year decline due to portfolio optimization efforts. Oportun also generates revenue through whole loan sales, where they originate loans and then sell them to institutional investors. In Q1 2025, whole loan sales totaled $32 million, representing 7% of quarterly originations. This provides additional liquidity and allows the company to manage its balance sheet while still earning origination fees. Several factors significantly impact Oportun's margins and profitability. Credit losses represent the most significant expense, with net charge-off rates of 12.2% in Q1 2025. The company's ability to accurately underwrite and price risk directly affects profitability. Economic conditions such as unemployment rates, inflation, and wage growth in their target demographic significantly influence both demand for credit and the ability of borrowers to repay loans. Funding costs represent another major margin driver, as the company must access capital markets to fund loan originations. Rising interest rates increase funding costs, though Oportun has shown ability to pass through some of these costs via higher loan pricing. The company's cost of funds and access to securitization markets directly impact profitability. Operational efficiency also affects margins, with the company successfully reducing operating expenses by 15% year-over-year in Q1 2025 to improve profitability. The mix between secured and unsecured loans impacts margins, as secured loans have lower charge-off rates but may command lower interest rates.
Competitive moat
Oportun's competitive moat is moderate but not particularly strong, relying primarily on specialized market focus and operational capabilities rather than structural advantages. The company's primary moat comes from its deep expertise in underwriting Hispanic and thin-file borrowers, a demographic that many traditional lenders avoid or serve poorly. This specialization has allowed Oportun to build proprietary credit models, including their V12 model, that incorporate alternative data sources and cultural factors that may not be captured in traditional credit scoring. The company's physical retail presence in Hispanic communities provides some competitive advantage, as many of their target customers prefer in-person interactions and may have limited digital banking experience. This omnichannel approach, combined with bilingual customer service capabilities, creates some customer stickiness and barriers for purely digital competitors. However, Oportun's moat faces several significant challenges. The consumer lending industry has low barriers to entry, with numerous fintech companies and traditional lenders increasingly targeting similar demographics. The company's self-imposed 36% APR cap, while ethically commendable, limits pricing flexibility compared to competitors who may charge higher rates. Regulatory risk represents a significant threat, as consumer lending faces increasing scrutiny from federal and state regulators. Changes in lending regulations, particularly those targeting high-cost credit products, could impact the company's business model. Additionally, the company operates in a highly cyclical industry where economic downturns can quickly deteriorate credit performance and reduce demand. The company's funding dependence on capital markets also represents a vulnerability, as access to securitization markets and other funding sources can be disrupted during periods of market stress. Unlike banks with deposit bases, Oportun must continuously access wholesale funding markets to support growth. Competition is intensifying from both traditional players expanding into Hispanic markets and fintech companies with potentially superior technology platforms and lower cost structures. The company's moat is best described as operational rather than structural, making it vulnerable to well-funded competitors with superior technology or more flexible regulatory positioning.
Risks & safety
Oportun presents a moderate margin of safety with improved financial metrics but ongoing structural vulnerabilities in the consumer lending space. • Liquidity Position: Strong cash position of $78.5 million with current ratio of 4.87x, providing adequate short-term liquidity cushion • Debt Management: Debt-to-equity ratio of 0.044 is very low, indicating minimal financial leverage risk, though this excludes securitized debt structures • Profitability Recovery: Returned to GAAP profitability with $9.8 million net income in Q1 2025 and positive free cash flow of $95.4 million • Valuation Metrics: Trading at attractive valuation multiples - P/E ratio of 6.39x, P/B ratio of 0.68x, suggesting potential value opportunity • Credit Risk: Net charge-off rate of 12.2% remains elevated though improving, representing ongoing asset quality concerns • Operational Efficiency: Successfully reduced operating expenses by 15% year-over-year while maintaining growth • Funding Access: Recent successful securitizations demonstrate continued market access, though wholesale funding dependence remains a structural risk • Economic Sensitivity: Business model highly sensitive to economic cycles and employment conditions affecting target demographic
Recent development
Over the past few years, Oportun has undergone significant strategic transformation focused on improving credit outcomes and business economics. The company implemented its V12 credit model, which incorporates additional member data and recent economic conditions to better predict borrower behavior. This enhanced underwriting approach has contributed to improved credit performance, with 30-plus day delinquency rates declining 56 basis points year-over-year to 4.7% in Q1 2025. A major strategic pivot has been the expansion of secured personal loans, which require collateral and have demonstrated significantly lower loss rates than unsecured products. Secured personal loans grew 59% year-over-year to $178 million in Q1 2025 and now represent 19% of personal loan growth. Management has noted that secured loans have charge-off rates 350 basis points lower than unsecured loans, making this a key focus area for improving overall portfolio performance. The company has also undertaken aggressive cost reduction initiatives, achieving $240 million in annualized cost reductions since Q2 2022. Operating expenses decreased 15% year-over-year in Q1 2025, with management targeting quarterly operating expenses of $97.5 million or less. This operational discipline has been critical to the company's return to profitability. Portfolio optimization has been another key development, with management focusing on higher-quality originations and reducing exposure to riskier borrower segments. The company has shifted toward targeting customers with higher free cash flow and has reduced the percentage of new borrowers in favor of returning customers with established payment histories. Oportun has also simplified its product portfolio by selling its credit card business in 2024 to focus on its core personal lending products. The company executed a new $235 million four-year senior term loan facility to improve its funding profile and has demonstrated continued access to securitization markets with successful transactions that were significantly oversubscribed. The company has enhanced its digital capabilities while maintaining its physical presence, with modest shifts toward online channels while preserving the omnichannel approach that serves its target demographic. Management has also expanded its referral program, which grew 352% year-over-year, indicating improved customer satisfaction and organic growth potential.
OPRT company profile · for informational purposes only — not investment advice.
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