OppFi's NCO Rate Falling: Is Risk Mitigation Strategy Paying Off? [Yahoo! Finance]
OppFi Inc. Class A (OPFI)
Company Research
Source: Yahoo! Finance
The NCO rate, measured as a percentage of total revenues, stood at 42% in the fourth quarter of 2024, down 400 basis points (bps) from the year-ago quarter. The trend continued in the first quarter of 2025, as the NCO rate dipped 700 bps sequentially to 35%. The company achieved a new low in the second quarter of 2025, with the NCO rate touching 32%, hinting at a 300-bps sequential fall. This consistent dip in this metric boasts impressive credit quality achieved through operational initiatives that succeed in effective loss prevention. On the same note, the annualized NCO rate, as a percentage of average receivables, followed the downward trajectory. This metric moved from 54% in the fourth quarter of 2024 to 47% in the March quarter of this year. This whopping 700-bps sequential fall was followed by a sequential decline of 400 bps to 43% in the June quarter. This multi-quarter trend solidifies OppFi's effective strategy of lending to high-quality borrowers within the underserved
Show less
Read more
Impact Snapshot
Event Time:
OPFI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OPFI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OPFI alerts
High impacting OppFi Inc. Class A news events
Weekly update
A roundup of the hottest topics
OPFI
News
- OppFi (NYSE:OPFI) had its "sell (d+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- OppFi (OPFI) Valuation: Assessing Upside Potential After Strong Q3 Results and Raised Guidance [Yahoo! Finance]Yahoo! Finance
- OppFi to present at Stephens Investment Conference [Yahoo! Finance]Yahoo! Finance
- OppFi to present at Stephens Investment ConferencePR Newswire
- OppFi (NYSE:OPFI) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat
OPFI
Earnings
- 10/29/25 - Beat
OPFI
Sec Filings
- 11/25/25 - Form 4
- 11/21/25 - Form 144
- 11/14/25 - Form SCHEDULE
- OPFI's page on the SEC website