Key Highlights

  • OppFi (NYSE:OPFI) reported third-quarter 2026 diluted GAAP Earnings Per Share of USD 0.40 on October 28, 2026, down 47.6% from USD 0.77, while Revenue slipped 3.8% to USD 149.2 million.
  • Adjusted earnings per share were USD 0.37 versus USD 0.46 a year earlier, and net charge-offs as a share of average receivables rose to 52.6% from 46.7% on an annualized basis.
  • The company refined 2026 guidance to revenue of USD 600 million to USD 610 million and adjusted earnings per share of USD 1.34 to USD 1.40, based on about 86 million diluted shares.
  • Published market data showed shares up 4.28% near USD 6.09; a screened one-year EPS change of 937.71% could not be confirmed against filings, and the snapshot date is unknown.

Third-Quarter Earnings Fell Even as the Shares Rose

OppFi (NYSE:OPFI) reported third-quarter 2026 results on October 28, 2026. Revenue declined 3.8% to USD 149.2 million, GAAP Net Income was USD 34.5 million versus USD 75.9 million a year earlier, and diluted GAAP earnings per share fell 47.6% to USD 0.40. Adjusted net income was USD 31.6 million, down 22.5%. Published market data showed the shares up 4.28% near USD 6.09, though the snapshot date is unconfirmed, so the move cannot be tied to the results. The company is a technology-based lender that serves consumers with limited access to traditional credit.

Credit Costs, Guidance and a Bank Acquisition

Annualized net charge-offs rose to 52.6% of average receivables from 46.7%, a key cost for a high-rate lender. The company launched a new line of Credit product in the quarter and repurchased USD 6.7 million of stock, or USD 17.9 million year to date at an average of USD 8.91 per share. Against that average, USD 6.09 is about 32% lower, simple arithmetic on two published numbers. OppFi (NYSE:OPFI) also agreed on April 29, 2026 to buy BNCCORP and BNC National Bank for about USD 130 million in cash and stock. Closing is expected in the fourth quarter of 2026, pending approvals from the OCC, the Federal Reserve and the FDIC.

Why a 937.71% EPS Change Needs a Base Check

OppFi screens as a small cap with fast earnings growth, but the screened one-year EPS change of 937.71% is unverified and conflicts with reported quarterly EPS, which fell. A trailing growth rate from a very small or negative base can look extreme even when recent quarters are weaker, and the GAAP or adjusted basis of the screen is unknown. Nine-month adjusted EPS was USD 1.05 against USD 1.29. Unrestricted cash was USD 102.7 million with USD 198.5 million of undrawn Debt capacity. Market Capitalization was not verified. Regulatory approval risk on the bank deal remains.

Where Things Stand

OppFi (NYSE:OPFI) is up 4.28% on the screen despite a 47.6% fall in quarterly GAAP earnings per share because the move is undated and not confirmed to be linked to results. Possible supports include refined full-year guidance, Buybacks and the pending bank acquisition, but none was confirmed as the driver. Credit losses, falling revenue and approval risk all argue for caution. The next markers are the regulatory decisions on BNCCORP expected in the fourth quarter of 2026, the full-year results against the USD 1.34 to USD 1.40 adjusted EPS range and any change in charge-off trends.