Latest news with #ConsumerFinance
Zawya
4 days ago
- Business
- Zawya
MENA-focused Valu's net income surges 64% in H1-25
Cairo: U Consumer Finance (Valu) recorded 64% year-on-year (YoY) higher net income at EGP 341 million during the first half (H1) of 2025, according to the financial results. The gross revenue hiked by 94% YoY to EGP 2.60 billion at the end of June 2025. Gross merchandise value (GMV) stood at EGP 10.60 billion in H1-25, marking an 80% YoY leap, driven by a 133% increase in transactions to 3.6 million, bringing its GMV business-to-date (btd) to EGP 46 billion from 11.9 million transactions BTD. In the second quarter (Q2) of 2025, the gross revenues hit EGP 1.52 billion, while the net income amounted to EGP 217 million. GMV for the quarter stood at EGP 5.21 billion, while transactions reached 1.89 million, reflecting continued operational scale and customer engagement. Walid Hassouna, CEO of Valu, commented: 'We have transitioned from a disruptive startup to a publicly listed company with a proven track record of profitability and strong performance in the first half of 2025, a milestone that cements our evolution.' 'These results reflect the resilience of our business and the effectiveness of our product development strategy from the rapid adoption of our prepaid card to the scalable expansion of our auto-loan offering, Shift,' Hassouna stated. He added: 'The Amazon transaction, through which Amazon acquired a direct stake in Valu and our EGX listing, has unlocked new strategic levers to accelerate progress, deepen our funding base, and extend our regional footprint, with Jordan marking our first MENA entry beyond Egypt.' In July, Valu secured initial approval from the Central Bank of Jordan to launch operations, marking the beginning of its regional expansion. Valu's funding base remains robust, with EGP 10 billion in authorized credit limits and EGP 16 billion in completed securitizations to date. The company's fourth securitization program, valued at EGP 10 billion and backed by an EGP 13 billion portfolio, received FRA approval in July, further enhancing its financial flexibility.
Yahoo
27-07-2025
- Business
- Yahoo
OneMain Holdings Second Quarter 2025 Earnings: Beats Expectations
OneMain Holdings (NYSE:OMF) Second Quarter 2025 Results Key Financial Results Net loss: US$46.0m (down by 165% from US$71.0m profit in 2Q 2024). US$0.39 loss per share (down from US$0.59 profit in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period OneMain Holdings Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates. Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Finance industry in the US. Performance of the American Consumer Finance industry. The company's shares are up 2.8% from a week ago. Risk Analysis Don't forget that there may still be risks. For instance, we've identified 3 warning signs for OneMain Holdings (1 is a bit concerning) you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-07-2025
- Business
- Yahoo
American Express (AXP) Re-Affirms 2025 Earnings Guidance with Revenue Growth of 8% to 10%
American Express reaffirmed its earnings guidance for 2025, projecting an 8% to 10% revenue growth and EPS between $15.00 and $15.50. Despite reporting record card spending for Q2 2025 with $4.08 earnings per share and a 9% revenue increase, the stock still experienced a 25% rise over the past quarter. This increase occurred amid strong corporate results and economic data, which supported market-wide optimism despite some volatility. Moreover, the company's inclusion in key indices and recent product introductions likely added positive weight to its share price movement relative to the broader market trends. We've identified 1 warning sign for American Express that you should be aware of. Uncover 18 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. The affirmation of American Express's earnings guidance and recent record card spending could bolster investor confidence, aligning with the company's longer-term total return performance of +247.57% over the past five years. This impressive return showcases resilience, significantly outpacing recent industry performance despite some short-term share price volatility. However, when looking at the past year, AXP underperformed the US Consumer Finance industry, which saw returns of over 30% compared to the US market's return of 14.1%. In light of the reaffirmed earnings guidance and projected revenue and EPS growth, expectations for future revenue and earnings might remain robust, but challenges highlighted in the narrative, such as potential deceleration in airline spending and macroeconomic uncertainties, could still pose growth hurdles. These factors underscore the company's need to maintain strong customer spending and effective cost control to achieve its targets. Given the current share price of US$315.35 and the analyst price target of US$318.02, the market's expectations seem closely aligned, suggesting limited room for immediate upward movement. Gain insights into American Express' past trends and performance with our report on the company's historical track record. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AXP. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-07-2025
- Business
- Yahoo
Reverse Mortgage Guide for Ages 62+: Could You Benefit From This Loan?
With rising costs and high interest rates these days, home ownership can be tough for many people. This can be especially true for seniors, who may be on a fixed budget. Thankfully, there is an option for older adults to help improve their financial situation: a reverse mortgage. Not sure what this home loan entails? Find out more about the requirements of reverse mortgages, who can benefit from the loan and what to consider when deciding if it's the right fit for you. Also known as a Home Equity Conversion Mortgage (HECM), this is a special type of home loan designed for homeowners who are 62 and older. Unlike traditional loans, borrowers don't make monthly payments with a HECM, according to Instead, the loan gets repaid once the borrower no longer lives at home. It's called a reverse mortgage because the amount owed goes up—not down—over time since interest and fees raise the loan balance. Even though mortgage payments are not paid monthly, property taxes and homeowners' insurance are still required. Though it may sound like free money to live in a home, the loan does need to be paid back eventually. This can be done by the homeowners or the heirs, and it's usually done when you sell the home. Though the mortgages are designed for those above the age of 62, not everyone will benefit from one of these options. 'Retirees who are committed to living in their home for at least the next few years are the best candidates for reverse mortgages,' says Michael Brennan, president at Nationwide Mortgage Bankers. 'It should be your primary residence, and it's important to continue staying on top of all your other home payments: property taxes, insurance and just making sure your home stays in good condition.' But this non-traditional mortgage can also potentially help those who want to be able to stay in their current home despite some financial setbacks. 'I've seen reverse mortgages be the only way that a homeowner was able to keep their home, and receive income from their home, which saved them from having to find a new home,' adds Patricia Taffs, mortgage loan officer at Wasatch Peaks Credit Union. 'For that reason alone, I think a reverse mortgage is a great option for anyone to explore when budgeting issues are a primary concern in retirement.' The funds from the reverse mortgage can help to pay off an existing mortgage and eliminate the monthly payments. This frees up money so you only have to focus on taxes and insurance. Considering applying for the unique mortgage? The experts say it's important to know about the advantages and drawbacks that come along with this type of loan. As mentioned above, if you use this type of loan to pay off the current loan on your property, it can put you in a better financial standing. 'Reverse mortgages are one of the best financing tools on the planet, in my opinion,' shares Brennan. 'The best part about them is that you're converting a portion of your home's value into tax-free dollars without giving up ownership or needing to make monthly mortgage or interest payments.' Plus, because you're no longer making those monthly payments, it may even help you bring in money. 'Depending on the equity in the property, the loan could also provide additional monthly income to the homeowner,' adds Taffs. While a reverse mortgage can be appealing, experts do caution that people should be aware of the extra requirements that accompany the loan. These include: High up-front fees, including closing costs, service fees and an origination fee. Additional education is required as part of the loan process. You must remain the primary resident to keep the loan You cannot owe any federal debt Your home must be in good shape Because of all of these factors, it's important to consider if you actually need a reverse mortgage. Otherwise, it may be more trouble than it's worth. 'They can be expensive to do, and if there isn't necessarily a need for consistent additional monthly income, or the elimination of the current mortgage entirely, then there may be other options to secure a source of 'emergency' funds for the home, like a HELOC,' advises Taffs. As long as you are at least 62 years old and meet all of the requirements for a HECM loan, you can begin comparing lenders. Doing some research can ensure you get the best deal possible. 'The requirements and processing of reverse mortgages are the same, no matter which lender you choose, but the interest rates can be different from one lender to the next,' assures Taffs. You'll need to meet with a Housing and Urban Development (HUD)-approved mortgage counselor before moving forward, but then it's up to you to submit the application to your chosen lender. If approved, the process resembles that of any other mortgage loan with the necessary appraisal and underwriting. Once the loan closes, you can reap the benefits of your new reverse mortgage! Your Credit Score Still Matters in Retirement—Here's How to Maximize and Protect It When Should I Apply for Social Security? The Factors to Consider When Opting to Receive Benefits Senior Discounts: Find Out How to Use Them to Save Money on Travel, Retail, Restaurants and More Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Business
- Yahoo
Investment Opportunities in the $2 Trillion Consumer Finance Industry 2025-2030 with Tariff-Adjusted Forecasts and Analytics
As global trade dynamics shift, the report provides updated insights on tariff impacts and economic trends. Featuring technology advancements and a detailed competitive landscape, this resource aids strategic business decisions. Consumer Finance Market Dublin, June 13, 2025 (GLOBE NEWSWIRE) -- The "Consumer Finance - Global Strategic Business Report" has been added to global market for Consumer Finance was valued at US$1.4 Trillion in 2024 and is projected to reach US$2 Trillion by 2030, growing at a CAGR of 6.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Consumer Finance market. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as Aiful Corporation, Affirm Holdings, American Express, Ares Management, and more. Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments. The growth in the consumer finance market is driven by several factors centered around digital accessibility, behavioral shifts, and ecosystem expansion. A primary driver is the widespread adoption of smartphones and digital payments, which provide the foundation for mobile-based lending, credit access, and financial management. The emergence of embedded finance models across retail, e-commerce, and transportation apps is also expanding consumer access to tailored credit and financial tools at the point of shift toward cashless economies and real-time payment networks is creating infrastructure support for instant disbursement and repayment, encouraging the growth of short-term credit products like BNPL and microloans. Increased investor interest and venture funding in fintech startups are further accelerating innovation and global expansion of digital finance platforms. Lastly, regulatory initiatives such as e-KYC, PSD2, and financial inclusion mandates are supporting the integration of underserved segments into the formal financial system, creating new demand for accessible, flexible, and technology-enabled consumer finance products Insights: Market Growth: Understand the significant growth trajectory of the Secured Consumer Finance segment, which is expected to reach US$1.3 Trillion by 2030 with a CAGR of a 7.3%. The Unsecured Consumer Finance segment is also set to grow at 4.2% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $370.1 Billion in 2024, and China, forecasted to grow at an impressive 10.0% CAGR to reach $404.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Why You Should Buy This Report: Detailed Market Analysis: Access a thorough analysis of the Global Consumer Finance Market, covering all major geographic regions and market segments. Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies. Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Consumer Finance Market. Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions. Key Questions Answered: How is the Global Consumer Finance Market expected to evolve by 2030? What are the main drivers and restraints affecting the market? Which market segments will grow the most over the forecast period? How will market shares for different regions and segments change by 2030? Who are the leading players in the market, and what are their prospects? Some of the 42 companies featured in this Consumer Finance market report include: Aiful Corporation Affirm Holdings American Express Ares Management Bank of Baroda Bajaj Capital Capital One Financial Cetelem Citigroup Consors Finanz Discover Financial Services Equifax HDFC Bank Home Credit B.V. ICICI Bank Kotak Mahindra Bank L&T Finance Muthoot Finance Ping An Insurance Group SoFi Technologies This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include: Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs. Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015. Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends. Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape. Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players. Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities. Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage. Key Attributes Report Attribute Details No. of Pages 180 Forecast Period 2024-2030 Estimated Market Value (USD) in 2024 $1.4 Trillion Forecasted Market Value (USD) by 2030 $2 Trillion Compound Annual Growth Rate 6.2% Regions Covered Global MARKET OVERVIEW Influencer Market Insights World Market Trajectories Tariff Impact on Global Supply Chain Patterns Consumer Finance - Global Key Competitors Percentage Market Share in 2025 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E) MARKET TRENDS & DRIVERS Accelerated Digitalization of Banking and Financial Services Throws the Spotlight on Tech-Enabled Consumer Finance Platforms Rising Smartphone Penetration and Internet Access Drives Adoption of Mobile-First Lending and Payment Solutions Expansion of Buy Now, Pay Later (BNPL) Models Spurs Consumer Engagement in E-Commerce and Retail Spending Growth in Financial Inclusion Initiatives Supports Credit Access for Unbanked and Underbanked Populations Integration of AI and Big Data Analytics Enhances Risk Scoring, Personalization, and Fraud Detection in Consumer Finance Technological Advancements in Biometric Verification and E-KYC Streamline Onboarding and Fraud Prevention Surge in Demand for Instant Loan Disbursals and Flexible Repayment Drives Development of Real-Time Underwriting Engines Growing Popularity of Robo-Advisors and Automated Savings Tools Broadens Scope of Digital Wealth Management Rise of Embedded Finance and API-Based Lending Expands Financial Access at the Point of Transaction Increasing Adoption of Digital Wallets and Contactless Payments Blurs the Lines Between Banking, Lending, and Commerce For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Consumer Finance Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
