18 stories mentioning CHYMUpdated 6d ago
Every FINWIRES story that references CHYM, newest first.
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Chime (CHYM) said Wednesday it has opened an 84,000-square-foot office in Manhattan's Flatiron District, New York, to establish an East Coast hub.The expansion follows the consumer financial technology platform's recent agreement to acquire Stride Bank, the company said.Shares of the company were down more than 3% in Wednesday trading.Price: $32.55, Change: $-1.06, Percent Change: -3.15%
Shawn T Carolan, Director, on September 10, 2026, sold 579,313 shares in Chime Financial (CHYM) for $19,194,540. Following the Form 4 filing with the SEC, Carolan has control over a total of 8,737,259 Class A common shares of the company, with 304,843 shares held directly and 8,432,416 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1795586/000137606626000007/xslF345X05/form4-09152026_010937.xml
Cynthia Marshall, Director, on September 11, 2026, sold 20,000 shares in Chime Financial (CHYM) for $661,866. Following the Form 4 filing with the SEC, Marshall has control over a total of 29,298 Class A common shares of the company, with 28,548 shares held directly and 750 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1795586/000182072526000006/xslF345X05/wk-form4_1789418214.xml
Chime Financial (CHYM) shares were up 3.2% in Monday trading after Rothschild & Co Redburn upgraded the company's stock to buy from neutral and adjusted its price target to $46 from $22.Trading volume stood at about 6.1 million shares, compared with a daily average of over 7.4 million.Price: $33.94, Change: $+0.94, Percent Change: +2.83%
Chime Financial, Inc. Class A (CHYM) has an average rating of buy and mean price target of $38.96, according to analysts polled by FactSet.
Chime Financial's (CHYM) planned $590 million acquisition of Stride Bank "should accelerate" credit expansion, product development and its push toward higher-income customers while improving profitability, Morgan Stanley said in a report Wednesday.The investment bank said owning a national bank charter should reduce Chime's reliance on partner banks, expand its ability to "originate loans" and speed the launch of "new credit products." The company's $100 million net synergy target is also viewed as "achievable" and could provide meaningful earnings upside by 2028.A key issue will be how Chime manages deposit and asset growth while remaining below the $10 billion "threshold" needed to preserve its "Durbin exemption" and favorable debit-card interchange economics, according to the report.The investment bank raised the company's 2026 revenue estimates to $2.77 billion from $2.74 billion and adjusted earnings before interest, taxes, depreciation, and amortization to $493 million from $487 million prior. For 2027, revenue is now estimated at $3.38 billion, up from $3.33 billion, while adjusted EBITDA estimate rises to $794 million from $770 million prior, the report said.Morgan Stanley has an overweight rating on Chime and raised its price target to $40 from $39.Price: $33.97, Change: $+1.66, Percent Change: +5.12%
Chime Financial, Inc. Class A (CHYM) has an average rating of buy and mean price target of $37.91, according to analysts polled by FactSet.
Chime Financial, Inc. Class A (CHYM) has an average rating of buy and mean price target of $35, according to analysts polled by FactSet.
Christopher R Britt, Director, Chief Executive Officer, on August 28, 2026, sold 100,000 shares in Chime Financial (CHYM) for $3,402,614. Following the Form 4 filing with the SEC, Britt has control over a total of 235,417 Class A common shares of the company, with 235,417 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1795586/000206180126000015/xslF345X05/wk-form4_1788305785.xml
Christopher R Britt, Director, Chief Executive Officer, on August 06, 2026, sold 550,000 shares in Chime Financial (CHYM) for $16,461,953. Following the Form 4 filing with the SEC, Britt has control over a total of 258,959 Class A common shares of the company, with 258,959 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1795586/000206180126000011/xslF345X05/wk-form4_1786405053.xml
Matthew S Newcomb, Chief Financial Officer, on August 06, 2026, sold 65,000 shares in Chime Financial (CHYM) for $1,961,000. Following the Form 4 filing with the SEC, Newcomb has control over a total of 2,694,242 Class A common shares of the company, with 478,172 shares held directly and 2,216,070 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1795586/000206126826000011/xslF345X05/wk-form4_1786404816.xml
Ryan A King, Director, Co-Founder, on August 06, 2026, sold 375,000 shares in Chime Financial (CHYM) for $11,350,246. Following the Form 4 filing with the SEC, King has control over a total of 128,334 Class A common shares of the company, with 128,334 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1795586/000206121926000011/xslF345X05/wk-form4_1786404963.xml
Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.4%.The Philadelphia Housing Index was falling 2.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.6%.Bitcoin (BTC-USD) was down 0.4% to $64,368, and the yield for 10-year US Treasuries rose 5.5 basis points to 4.672%.In economic news, small businesses reported that the level of worker shortages was higher in July, with a seasonally adjusted 36% of respondents in a National Federation of Independent Business survey released Thursday saying they were having trouble hiring the workers that they needed, up from 32% in the previous month and the highest since June 2025. The NFIB's Small Business Employment Index rose to 102.1 in July from 100.2 in June, still above the historical average of 100.0 and the 2025 average of 101.2.In corporate news, Apollo Global Management's (APO) Eagle Bidco and EasyJet have reached an agreement under which the Apollo fund will buy the airline for 7.15 British pounds ($9.63) per share in cash, according to a regulatory filing with the London Stock Exchange. Apollo shares were shedding 1.7%.Blackstone (BX) and Apollo Global Management were among a group of prominent financial institutions and private equity firms targeted by ransom-seeking hackers over the past month, Reuters reported, citing Alphabet's (GOOGL) Google and internet intelligence data it reviewed. Blackstone shares were falling 2.1%.Chime Financial (CHYM) shares surged 22% after the company swung to a Q2 profit, exceeded revenue expectations, and raised 2026 guidance.JPMorgan Chase (JPM) underwent a federal probe this year as prosecutors looked into claims the lender ignored deficiencies in its anti-fraud program and improperly denied more than $100 million in reimbursements for stolen money, The Wall Street Journal reported. JPMorgan shares declined 0.8%.
(Updates with the latest stock price movement in the headline and first paragraph and adds reorganization details in the last paragraph.)Chime Financial (CHYM) shares rose about 24% in Thursday trading after the company swung to a Q2 profit, exceeded revenue expectations, and raised 2026 guidance.The company reported Q2 earnings late Wednesday of $0.07 per diluted share, swinging from a loss of $7.29 a year earlier.Analysts polled by FactSet expected $0.00.Revenue for the quarter ended June 30 was $669.8 million, up from $528.1 million a year earlier.Analysts expected $641.3 million.The company expects Q3 revenue of $680 million to $690 million. Analysts expect $667.6 million.Chime raised its full-year 2026 revenue guidance to between $2.73 billion and $2.75 billion, up from $2.66 billion to $2.69 billion previously. Analysts expect $2.68 billion.In a regulatory filing, the company disclosed its reorganization plan, which includes a 10% workforce reduction. Also, the company said Matthew Newcomb will step down from his position as chief financial officer, effective Friday.Price: $32.18, Change: $+6.26, Percent Change: +24.15%
Chime Financial (CHYM) has an average rating of Buy and mean price target of $30.35, according to analysts polled by FactSet.Price: $19.66, Change: $-2.08, Percent Change: -9.55%
Chime Financial, Inc. (CHYM) has an average rating of Buy and mean price target of $30.35, according to analysts polled by FactSet.
Chime Financial (CHYM) has an average rating of buy and mean price target of $30.72, according to analysts polled by FactSet.
