FinVolution Group (FINV)

NYSE: FINV · IEX Real-Time Price · USD
4.10
+0.09 (2.24%)
Jun 2, 2023, 4:00 PM EDT - Market closed
2.24%
Market Cap 1.15B
Revenue (ttm) 1.71B
Net Income (ttm) 353.36M
Shares Out 280.12M
EPS (ttm) 0.24
PE Ratio 3.37
Forward PE 3.66
Dividend $0.22 (5.24%)
Ex-Dividend Date Apr 12, 2023
Volume 678,462
Open 4.07
Previous Close 4.01
Day's Range 4.00 - 4.14
52-Week Range 3.55 - 5.92
Beta 0.59
Analysts Strong Buy
Price Target 4.68 (+14.15%)
Earnings Date May 17, 2023

About FINV

FinVolution Group operates fintech platform that connects underserved individual borrowers with financial institutions in China. It operates in online consumer finance industry. The company's platform empowered by proprietary technologies, features automated loan transaction process, which enables a user experience. As of March 31, 2022, it had approximately 145.3 million cumulative registered users. The company was formerly known as PPDAI Group Inc. and changed its name to FinVolution Group in November 2019. FinVolution Group was founded in 20... [Read more]

Industry Credit Services
Sector Financials
Founded 2007
Employees 4,144
Stock Exchange NYSE
Ticker Symbol FINV
Full Company Profile

Financial Performance

In 2022, FINV's revenue was 11.13 billion, an increase of 17.57% compared to the previous year's 9.47 billion. Earnings were 2.27 billion, a decrease of -9.67%.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for FINV stock is "Strong Buy." The 12-month stock price forecast is $4.68, which is an increase of 14.15% from the latest price.

Price Target
$4.68
(14.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

FinVolution Group Reports First Quarter 2023 Unaudited Financial Results

-Net revenue reached RMB3,050.6 million, representing a year-over-year increase of 24.7% - -International business revenue contribution reached 14.7% of total revenue for the first quarter through Loc...

2 weeks ago - PRNewsWire

FinVolution Group to Report First Quarter 2023 Financial Results on Wednesday, May 17, 2023

-Earnings Call Scheduled for 8:30 p .m. ET on May 17, 2023- SHANGHAI , May 10, 2023 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, today ...

3 weeks ago - PRNewsWire

FinVolution Group Files 2022 Annual Report on Form 20-F

SHANGHAI , April 25, 2023 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it has filed its annual report on Form 20-F...

1 month ago - PRNewsWire
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2 Chinese Fintech Stocks to Diversify Your Portfolio

China has the world's largest population with over 1.4 billion people, which is over four times that of the U.S. Fitch has recently increased its estimates for China's GDP growth in 2023 from 4.1% to ...

Other symbols: TCEHY
2 months ago - GuruFocus

FinVolution Group Increases Dividend Payout Ratio to 18.5% for Fiscal Year 2022, with US$0.215 per American Depositary Share

Marks the fifth consecutive year of dividend declarations SHANGHAI , March 14, 2023 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today ...

2 months ago - PRNewsWire

FinVolution Group Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results and Announces Management Changes

-International business revenue contribution reached 12.9% of total revenue for the fourth quarter and 10.3% for FY 2022 through Local Focus, Global Outlook Strategy- -2022 Full Year Total Transaction...

2 months ago - PRNewsWire

FinVolution Group to Report Fourth Quarter and Fiscal Year 2022 Financial Results on Tuesday, March 14, 2023

-Earnings Call Scheduled for 8:30 p .m. ET on March 14, 2023- SHANGHAI , March 1, 2023 /PRNewswire/ – FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, toda...

3 months ago - PRNewsWire

Sarah Ketterer's Causeway Adds to Alibaba, Buys FinVolution

Sarah Ketterer (Trades, Portfolio), the CEO and fundamental portfolio manager of Causeway Capital Management, recently released the firm's 13F portfolio updates for the fourth quarter of 2022, which e...

Other symbols: BABA
3 months ago - GuruFocus
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FinVolution Group's AdaKami Announces Strategic Cooperation with Indonesia's PermataBank

SHANGHAI , Jan. 12, 2023 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that its Indonesian subsidiary, AdaKami,...

5 months ago - PRNewsWire

FinVolution maintains status of Low-Risk Rating from Sustainalytics

SHANGHAI , Dec. 6, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it has received a "low risk" Environmental, S...

6 months ago - PRNewsWire

FinVolution Group Reports Third Quarter 2022 Unaudited Financial Results

-International business revenue contribution reached 11.8% of total revenue for the third quarter of 2022- SHANGHAI , Nov. 14, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") ...

7 months ago - PRNewsWire

FinVolution Group to Report Third Quarter 2022 Financial Results on Monday, November 14, 2022

-Earnings Call Scheduled for 7:30 p .m. ET on November 14, 2022- SHANGHAI , Nov. 2, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, t...

7 months ago - PRNewsWire

FinVolution Secures Increased Financing Facility for AdaKami Through Strengthened Cooperation with PT Bank Jago

SHANGHAI , Sept. 26, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its Indonesian subsidiary, AdaKami, obtaine...

8 months ago - PRNewsWire
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FinVolution Group Expands Share Repurchase Program to US$140 million

SHANGHAI , Aug. 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that on August 21, 2022, the board of di...

10 months ago - PRNewsWire

FinVolution Group Reports Second Quarter 2022 Unaudited Financial Results

-Ninth consecutive quarters of transaction volume growth--Total Transaction Volume in Q2 2022 reached new record high of RMB41.5 billion- SHANGHAI , Aug. 22, 2022 /PRNewswire/ -- FinVolution Group ("F...

10 months ago - PRNewsWire

FinVolution Group to Report Second Quarter 2022 Financial Results on Monday, August 22,2022

-Earnings Call Scheduled for 8:30 p .m. ET on August 22, 2022- SHANGHAI , Aug. 9, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, tod...

10 months ago - PRNewsWire

FinVolution Group Publishes its Fourth Annual ESG Report

SHANGHAI , July 28, 2022 /PRNewswire/ – FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced it has released its 2021 Environmental, S...

11 months ago - PRNewsWire

FinVolution Group Joins United Nations Global Compact

SHANGHAI , June 22, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform in China, today announced that it has become a member of the United...

1 year ago - PRNewsWire

FinVolution Group Reports First Quarter 2022 Unaudited Financial Results

-Eight consecutive quarters of transaction volume growth- -Total Transaction Volume in Q1 2022 reaching new record high of RMB39.7 billion- SHANGHAI, May 31, 2022 /PRNewswire/ – FinVolution Group ("Fi...

1 year ago - PRNewsWire

FinVolution Group to Report First Quarter 2022 Financial Results on Tuesday, May 31,2022

-Earnings Call Scheduled for 8:30 p .m. ET on M ay  31, 2022- SHANGHAI , May 18, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech platform, toda...

1 year ago - PRNewsWire

FinVolution Provides Update on its Status under the Holding Foreign Companies Accountable Act

SHANGHAI , May 6, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution" or the "Company") (NYSE: FINV), a leading fintech platform, today provides an update on its status under the Holding Foreign Com...

1 year ago - PRNewsWire

FinVolution Group Files 2021 Annual Report on Form 20-F

SHANGHAI , April 29, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that it has filed its annual report on Form 20-F...

1 year ago - PRNewsWire

FinVolution Group Announces Dividend of US$ 0.205 per American Depositary Share, Representing Approximately 15% Payout Ratio of Net Income for Fiscal Year 2021

SHANGHAI, March 14, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution," or the "Company") (NYSE: FINV), a leading fintech platform, today announced that its board of directors (the "Board") has app...

1 year ago - PRNewsWire

FinVolution Group Reports Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results

-2021 Full Year Transaction Volume sets new record high at RMB137.4 billion, driven by increasing new individual borrowers -2022 Full Year Transaction Volume expected to be in the range of RMB175.0 bi...

1 year ago - PRNewsWire

FinVolution Group to Report Fourth Quarter and Fiscal Year 2021 Financial Results on Monday, March 14,2022

SHANGHAI, March 4, 2022 /PRNewswire/ -- FinVolution Group ("FinVolution", or the "Company") (NYSE: FINV), a leading fintech pl atform, today announced that it will report its fourth quarter and fiscal...

1 year ago - PRNewsWire