Added to YB: 2026-08-27
Pitch date: 2026-08-20
CHYM [neutral]
Chime Financial, Inc.
+3.59%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
Chime Financial, Inc., a financial technology company, provides digital consumer banking and payment solutions in the United States and internationally.
Market Cap
$12.4B
Pitch Price
$32.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
27.98
P/E
-606.20
EV/Sales
4.64
Sector
Financial Services
Category
growth
Payments and FinTech Earnings Recap: Q2 2026 - Chime Financial, Inc.
CHYM (earnings): Q2 drove shares sharply higher; Chime Prime tier (5% cash back, $3k+ monthly direct deposit) inflected spend growth after quarters of deceleration. Card purchase volume $38.0B +17% (+5pts vs Q1); incl. instant transfers +20% (+5pts); revenue +27% (+2pts). Prime attracting higher earners and shifting existing spend. MyPay loss rates down to 0.9%; raising limits/widening eligibility — modestly higher losses but accretive to transaction profit. Pre-print 10% RIF plus top-line momentum should lift profitability near-term. Neg: rewards costs above expectations (members concentrating cash-back categories) capped flow-through. Enterprise traction (320k, 35k employee wins) a FY27 growth kicker. Author: ~$500MM GAAP EBITDA FY27, EV/EBITDA above mid-20s; won't chase here.
Read full article (2 min)