Two FinTech-bank acquisitions valued at a combined $499 million when announced have turned state interest-rate caps into an M&A issue, with substantial projected deal benefits sitting alongside a challenge from 20 state attorneys general. The attorneys general asked the Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp.
This financial services stock has gained around 55% this year. The company raised its earnings growth outlook last week.
Online lender Enova International saw improvements in both originations and credit during the second quarter, with consumer spending remaining resilient and small businesses optimism increasing, Enova CEO Steve Cunningham said during a Thursday (July 23) earnings call. Enova's originations grew 27% year over year and its consolidated net charge-off ratio decreased by 0.8 percentage points to 7.
Originations rose 27% and total company revenue increased 22% from the second quarter of 2025. Diluted earnings per share of $4.00 increased 40% and adjusted earnings per share1 of $4.31 rose 33% compared to the second quarter of 2025.
CHICAGO, July 10, 2026 /PRNewswire/ -- Enova International (NYSE: ENVA) announced changes today to the Board of Directors. Maria Veltre will join Enova's Board of Directors, effective immediately.
A broad screen of U.S. stocks yields a list of companies trading at low valuations to expected earnings, with high projected revenue growth rates through 2028. The list of 20 stocks includes eight financial services companies, five healthcare names and four in the information technology sector.
New data also shows AI adoption continues to rise and small business owners increasingly bypass traditional banks as financing patterns shift CHICAGO, May 1, 2026 /PRNewswire/ -- Small businesses are maintaining strong momentum in 2026, with sustained confidence in growth, increasing use of AI and continued reliance on flexible financing options, according to the latest Small Business Cash Flow...