secwatch.observer — SEC 8-K summary
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Issuer:     OppFi Inc. (OPFI)
CIK:        0001818502
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001818502-26-000042
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud

OppFi Reports First Quarter 2026 Record Revenue and Approves $40M Buyback
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- Total revenue increased 8.3% YoY to $151.9 million, a record for the first quarter.
- Net income jumped 165.0% YoY to $54.0 million, while adjusted net income fell 11.2% to $30.0 million.
- Board approved a new $40 million share repurchase program, replacing the prior program, expiring in May 2029.
- CEO highlighted the transformative combination with BNC's national bank charter for growth and product diversification.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818502/000181850226000042/0001818502-26-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818502/000181850226000042/opfi-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001818502-26-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer