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FinVolutionNYSE: FINV

Profile

Country:

China

IPO:

09 November 2017

Next earnings report:

18 March 2025

Last dividends:

15 April 2024

Next dividends:

N/A
$1.64 B
-11%vs. 3y high
64%vs. sector
-11%vs. 3y high
5%vs. sector
-25%vs. 3y high
22%vs. sector
-26%vs. 3y high
13%vs. sector

Price

after hours | Wed, 20 Nov 2024 23:15:11 GMT
$6.30+$0.03(+0.48%)
$440.45 M$2.00 B
$440.45 M$76.63 M

Analysts recommendations

Institutional Ownership

FINV Latest News

FinVolution Group Reports Third Quarter 2024 Unaudited Financial Results
prnewswire.com18 November 2024 Sentiment: POSITIVE

-Third Quarter Total Transaction Volume reached RMB52.2 billion, up 1.8% year-over-year--Third Quarter International Transaction Volume reached RMB2.7 billion, up 22.7% year-over-year--Third Quarter International Revenues increased to RMB635.5 million, up 8.7% year-over-year, contributing 19.4% of total net revenues- SHANGHAI , Nov. 18, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform in China, Indonesia and the Philippines, today announced its unaudited financial results for the third quarter ended September 30, 2024. For the Three Months Ended/As of YoY Change September 30 ,  202 3 September 30 ,  202 4 Total Transaction Volume (RMB in billion s )[ 1]           51.3 52.2 1.8 % Transaction Volume (China's Mainland)[2] 49.1 49.5 0.8 % Transaction Volume (International)[3] 2.2 2.7 22.7 % Total Outstanding Loan Balance (RMB in billion s ) 65.9 68.1 3.3 % Outstanding Loan Balance (China's Mainland)[4]   64.6 66.5 2.9 % Outstanding Loan Balance (International)[5] 1.3 1.6 23.1 % Third Quarter 2024 China Market Operational Highlights Cumulative registered users[6] reached 166.8 million as of September 30, 2024, an increase of 9.3% compared with September 30, 2023.

FinVolution Group to Report Third Quarter 2024 Financial Results on Monday, November 18, 2024
prnewswire.com05 November 2024 Sentiment: POSITIVE

-Earnings Call Scheduled for 7 : 30 p .m. ET on November 18 , 2024- SHANGHAI , Nov. 5, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its third quarter 2024 unaudited financial results, on Monday, November 18, 2024, after the close of U.S. markets.

FinVolution Subsidiary AdaKami Enters into Strategic Funding Agreement with PT Super Bank, Indonesia
prnewswire.com29 October 2024 Sentiment: POSITIVE

SHANGHAI , Oct. 29, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Indonesian financial application, AdaKami, has entered into a strategic funding agreement with PT Super Bank Indonesia, a leading digital-focused bank in Indonesia. Under the terms of the agreement, Superbank will provide AdaKami with a funding facility of 500.0 billion Rupiah (approximately US$32.0 million).

FinVolution: Market Diversity And Risk Management Are Major Competitive Advantages
seekingalpha.com18 September 2024 Sentiment: POSITIVE

I am bullish on FinVolution Group due to its diverse market reach, robust risk management strategies, and commitment to shareholder value through dividends and share buybacks. The stock is undervalued with a P/E ratio of 4.82x and a NAV/share of $7.64, presenting a good entry opportunity. FinVolution's expansion into emerging markets like the Philippines and Indonesia, coupled with its mature Chinese market, ensures both short- and long-term growth.

FinVolution Group (FINV) Q2 2024 Earnings Conference Call Transcript
seekingalpha.com21 August 2024 Sentiment: POSITIVE

FinVolution Group (NYSE:FINV ) Q2 2024 Earnings Conference Call August 15, 2024 8:30 PM ET Company Participants Jimmy Tan - Head of IR Tiezheng Li - CEO Jiayuan Xu - CFO Conference Call Participants Cindy Wang - China Renaissance Yada Li - CICC Alex Ye - UBS Operator Hello, ladies and gentlemen. Thank you for participating in the Second Quarter 2024 Earnings Conference Call for FinVolution Group.

FinVolution Group Reports Second Quarter 2024 Unaudited Financial Results
prnewswire.com20 August 2024 Sentiment: POSITIVE

-H1 China Transaction Volume reached RMB92.5 billion, up 6.0% year-over-year--H1 International Transaction Volume reached RMB4.5 billion, up 32.4% year-over-year--H1 International Revenues increased to RMB1,157.7 million, up 21.9% year-over-year and contributing 18.3% of total net revenues- SHANGHAI , Aug. 20, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform, today announced its unaudited financial results for the second quarter ended June 30, 2024. For the Three Months Ended/As of YoY Change June 30 , 202 3 June 30 , 202 4 Total Transaction Volume (RMB in billion s ) 1           47.3 48.7 3.0 % Transaction Volume (China's Mainland)2 45.5 46.4 2.0 % Transaction Volume (International)3 1.8 2.3 27.8 % Total Outstanding Loan Balance (RMB in billion s ) 63.7 65.6 3.0 % Outstanding Loan Balance (China's Mainland)4   62.6 64.2 2.6 % Outstanding Loan Balance (International)5 1.1 1.4 27.3 %   Second Quarter 2024 China Market Operational Highlights Cumulative registered users6 reached 162.2 million as of June 30, 2024, an increase of 8.6% compared with June 30, 2023.

FinVolution Group to Report Second Quarter 2024 Financial Results on Tuesday, August 20, 2024
prnewswire.com06 August 2024 Sentiment: POSITIVE

-Earnings Call Scheduled for 8 :30 p .m. ET on August 20, 2024- SHANGHAI , Aug. 6, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it will report its second quarter 2024 unaudited financial results, on Tuesday, August 20, 2024, after the close of U.S. markets.

FinVolution Publishes Sixth Annual ESG Report
prnewswire.com22 July 2024 Sentiment: POSITIVE

SHANGHAI , July 22, 2024 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced it has released its 2023 Environmental, Social, and Governance (ESG) report, the Company's sixth consecutive annual ESG report. The report provides a comprehensive overview of FinVolution's ESG priorities and endeavors in 2023, reaffirming the Company's long-standing commitment to sustainability and fulfilling corporate social responsibility with innovative, green technologies.

Innovating Security: How FinVolution is Taking Next-Generation Technologies to Fight Deepfake-Driven Financial Crimes
prnewswire.com02 July 2024 Sentiment: POSITIVE

SHANGHAI , July 2, 2024 /PRNewswire/ -- Deepfake technology, an artificial intelligence tool capable of generating convincingly fake audio and video, is increasingly being used to perpetrate financial crimes worldwide, raising serious concerns about sophisticated fraud. In a notable incident reported by CNN earlier this year, a finance worker was tricked into transferring $25 million during a video call with an individual posing as the company's chief financial officer (CFO), who was actually a deepfake.

FinVolution Group Wins Asian Banker's Award for "Best Consumer Lending Technology Implementation in China"
prnewswire.com24 June 2024 Sentiment: POSITIVE

SHANGHAI , June 24, 2024 /PRNewswire/ -- FinVolution Group, a leading fintech company, has been awarded the "Best Consumer Lending Technology Implementation in China" alongside CITIC Consumer Finance at the Asian Banker China Awards 2024. This award acknowledges FinVolution's dedication to providing innovative technology to financial institution partners.

What type of business is FinVolution?

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc. and changed its name to FinVolution Group in November 2019. FinVolution Group was founded in 2007 and is headquartered in Shanghai, the People's Republic of China.

What sector is FinVolution in?

FinVolution is in the Financial Services sector

What industry is FinVolution in?

FinVolution is in the Credit Services industry

What country is FinVolution from?

FinVolution is headquartered in China

When did FinVolution go public?

FinVolution initial public offering (IPO) was on 09 November 2017

What is FinVolution website?

https://ir.finvgroup.com

Is FinVolution in the S&P 500?

No, FinVolution is not included in the S&P 500 index

Is FinVolution in the NASDAQ 100?

No, FinVolution is not included in the NASDAQ 100 index

Is FinVolution in the Dow Jones?

No, FinVolution is not included in the Dow Jones index

When was FinVolution the previous earnings report?

No data

When does FinVolution earnings report?

The next expected earnings date for FinVolution is 18 March 2025