Latest news with #FINV
Yahoo
24-05-2025
- Business
- Yahoo
UBS Upgrades FinVolution (FINV) Stock, Lifts PT
On May 23, UBS upped FinVolution Group (NYSE:FINV)'s stock to Buy from Neutral, increasing the price target from $11.80 to $12.10. As per the firm's analyst, the company's Q1 2025 results were robust, thanks to the margin expansion and asset quality. The company was able to beat earnings estimates slightly, despite seasonally soft loan volume. An individual using a laptop to access the fintech platform to manage their finances. The growth momentum in operating profit was stronger, while the margin expansion was supported by a decline in funding cost, a slightly lengthened tenor, and improvement in asset quality, added UBS. Overall, the firm's upgrade stems from the better risk-reward profile. FinVolution Group (NYSE:FINV), which operates in the online consumer finance industry, saw total transaction volume of RMB52.1 billion, while outstanding loan balance increased to RMB74.1 billion, exhibiting YoY increases of 7.9% and 13.5%, respectively. The performance exhibited continued robust execution of the company's Local Excellence, Global Outlook strategy. Moving forward, FinVolution Group (NYSE:FINV) opines that its diversified and resilient business remains well-placed to navigate the current global macro uncertainties. Its total liquidity position, comprising cash and cash equivalents and short-term investments, was healthy at RMB8.5 billion. This exhibits a strong balance sheet, which aids ongoing operations and its efforts to consistently improve shareholder returns. While we acknowledge the potential of FINV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FINV and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. 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
24-05-2025
- Business
- Yahoo
UBS Upgrades FinVolution (FINV) Stock, Lifts PT
On May 23, UBS upped FinVolution Group (NYSE:FINV)'s stock to Buy from Neutral, increasing the price target from $11.80 to $12.10. As per the firm's analyst, the company's Q1 2025 results were robust, thanks to the margin expansion and asset quality. The company was able to beat earnings estimates slightly, despite seasonally soft loan volume. An individual using a laptop to access the fintech platform to manage their finances. The growth momentum in operating profit was stronger, while the margin expansion was supported by a decline in funding cost, a slightly lengthened tenor, and improvement in asset quality, added UBS. Overall, the firm's upgrade stems from the better risk-reward profile. FinVolution Group (NYSE:FINV), which operates in the online consumer finance industry, saw total transaction volume of RMB52.1 billion, while outstanding loan balance increased to RMB74.1 billion, exhibiting YoY increases of 7.9% and 13.5%, respectively. The performance exhibited continued robust execution of the company's Local Excellence, Global Outlook strategy. Moving forward, FinVolution Group (NYSE:FINV) opines that its diversified and resilient business remains well-placed to navigate the current global macro uncertainties. Its total liquidity position, comprising cash and cash equivalents and short-term investments, was healthy at RMB8.5 billion. This exhibits a strong balance sheet, which aids ongoing operations and its efforts to consistently improve shareholder returns. While we acknowledge the potential of FINV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FINV and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None.
San Francisco Chronicle
20-05-2025
- Business
- San Francisco Chronicle
FinVolution: Q1 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Tuesday reported net income of $102.9 million in its first quarter. On a per-share basis, the Shanghai-based company said it had net income of 39 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share. The online consumer finance marketplace provider posted revenue of $479.7 million in the period.
Yahoo
20-05-2025
- Business
- Yahoo
FinVolution: Q1 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Tuesday reported net income of $102.9 million in its first quarter. On a per-share basis, the Shanghai-based company said it had net income of 39 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share. The online consumer finance marketplace provider posted revenue of $479.7 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on FINV at Sign in to access your portfolio
Washington Post
20-05-2025
- Business
- Washington Post
FinVolution: Q1 Earnings Snapshot
SHANGHAI — SHANGHAI — FinVolution Group (FINV) on Tuesday reported net income of $102.9 million in its first quarter. On a per-share basis, the Shanghai-based company said it had net income of 39 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share. The online consumer finance marketplace provider posted revenue of $479.7 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on FINV at
