John Hecht

Brendan Michael McCarthy

Richard Shane

Vincent Caintic

Gowshihan Sriharan

Harold Goetsch

Goshi Sri

Hal Goetsch

Joichi Sakai

Kyle Joseph

- Oportun closed a **new $247 million, three-year revolving term committed warehouse facility** and extended an existing warehouse facility by **12 months**.  **[1538716_0001193125-25-243729_d60914dex991.htm:0]** 
- The company increased its total committed warehouse capacity from **$954 million to $1.14 billion** and extended the weighted average remaining term for combined warehouse facilities from **17 months to 25 months**.  **[1538716_0001193125-25-243729_d60914dex991.htm:0]** 
- Oportun proactively repaid **$17.5 million of higher cost corporate debt** since the end of the third quarter, bringing the total corporate debt paid down to **$50 million** since October 2024, and reduced overall warehouse financing costs.  **[1538716_0001193125-25-243729_d60914dex991.htm:0]**

Oportun announces enhancements to its debt capital structure

- On **October 20, 2025**, Oportun announced the issuance of **$441 million** in two-year revolving fixed rate asset-backed notes.  **[1538716_899d21fafc934b18849fa4591ca2188f_0]** 
- The transaction achieved a weighted average yield of **5.77%** and a weighted average coupon of **5.69%**.  **[1538716_899d21fafc934b18849fa4591ca2188f_0]** 
- This was Oportun's **fourth ABS transaction of the year**, with the most senior bonds receiving a **AAA rating** for the third consecutive time.  **[1538716_899d21fafc934b18849fa4591ca2188f_0]** 
- Interim Chief Financial Officer Paul Appleton stated that the **5.77% yield** reflects robust investor demand and the company's ability to consistently raise low-cost capital.  **[1538716_899d21fafc934b18849fa4591ca2188f_0]**

Oportun Completes $441 Million Asset-Backed Securitization

- Oportun closed a **new $247 million, three-year revolving term committed warehouse facility** and extended an existing one by **12 months**, increasing total committed warehouse capacity from **$954 million to $1.14 billion**.  **[1538716_4d5723b93edc4bcea5eda16b09c59b66_0]** 
- These enhancements reduced overall warehouse financing costs and increased the weighted average remaining term of combined warehouse facilities from **17 months to 25 months**.  **[1538716_4d5723b93edc4bcea5eda16b09c59b66_0]** 
- The company also proactively paid down **$17.5 million** of higher cost corporate debt since the end of the third quarter, contributing to a total of **$50 million** paid down since October 2024, reducing the initial $235 million balance to **$185 million**.  **[1538716_4d5723b93edc4bcea5eda16b09c59b66_0]** **[1538716_4d5723b93edc4bcea5eda16b09c59b66_1]**

Oportun Enhances Debt Capital Structure

- Oportun Financial Corporation entered into an **Amendment to its Program Agreement with Pathward, National Association** on **September 26, 2025**, which will result in Pathward ceasing to retain Oportun loans by the end of **February 2026**.  **[1538716_0001538716-25-000098_oprt-20250926.htm:1]** 
- Effective **October 1, 2025**, Oportun will purchase **100% of all loans originated by Pathward** under the program, eliminating retained loan balance obligations and the associated **derivative accounting**.  **[1538716_0001538716-25-000098_oprt-20250926.htm:1]** 
- The Company will make an **initial purchase of approximately $115 million** of Pathward's existing retained loan portfolio, scheduled to close on **October 3, 2025**, and expects to fund this using its existing warehouse facilities.  **[1538716_0001538716-25-000098_oprt-20250926.htm:1]**

Oportun Financial Amends Pathward Program Agreement and Acquires Loan Portfolio

- Oportun Financial achieved **GAAP profitability for the third consecutive quarter** in Q2 2025, reporting **$0.14 diluted EPS** and **$0.31 adjusted EPS**.  **[1538716_2147557_4]** 
- The company reiterated its full-year 2025 guidance, projecting **adjusted EPS of $1.20 to $1.40 per share** and **loan originations growth in the 10% range**.  **[1538716_2147557_5]** **[1538716_2147557_6]** 
- The secured personal loan portfolio demonstrated significant growth, increasing **58% year-over-year to $195 million** in Q2 2025, now comprising **7% of the total portfolio**.  **[1538716_2147557_1]** 
- Oportun continued to deleverage, reducing its debt-to-equity ratio to **7.3x** in Q2 2025, and successfully issued **$538 million in ABS notes at a 5.29% weighted average yield**.  **[1538716_2147557_5]**

Oportun Financial (OPRT)