Oppfi Inc. · NYSE:OPFI
Oppfi — Investor Presentation (June 2026)
25 slides from Oppfi's investor presentation, Jun 16, 2026
Slide 1: Investor Presentation June 2026
Investor Presentation June 2026
Slide 2: Disclaimer
Disclaimer 2 This presentation (the “Presentation”) of OppFi Inc. (“OppFi” or the “Company”) is for information purposes only. Certain information contained herein has been derived from sources prepared by third parties. While such information is believed to be reliable for the purposes used herein,
Slide 3: At-A-Glance
3 A tech-enabled digital finance platform that partners with banks to offer financial products and services for everyday Americans. At-A-Glance 1. For Q1 2026 at the time of loan approval. 2. Based on 19.0 million underbanked households and average household size of 2.51. Federal Deposit Insurance C
Slide 4: OppFi's Mission
4 OppFi’s Mission Households have less than one month of savings242% Families face difficulties paying bills or expenses243% Credit applicants were turned down or did not get as much credit as they applied for239% Average American Auto Medical Travel Everyday Expenses Emergencies 1. Based on 19.0 mi
Slide 5: Dynamic Underwriting Powered by Technology
5 Dynamic Underwriting Powered by Technology Sixth-generation machine learning Model 6.1 built to better predict consumer credit risk and more effectively target creditworthy borrowers 15 Billion+ Data Points leveraged in a Proprietary Technology-Based Scoring Algorithm 1. Represents decisions made
Slide 6: Total Revenue and Adjusted Net Income
61. Calculated as interest on finance receivables + other revenue 2. Non-GAAP Financial Measures: Adjusted Net Income is a non-GAAP financial measure. See the disclaimer on “Non-GAAP Financial Measures” on slide 2 for a detailed description of such non-GAAP financial measures and the appendix for a
Slide 7: Robust Balance Sheet Provides the Foundation for Growth
7 Robust Balance Sheet Provides the Foundation for Growth Well-capitalized, de-levered balance sheet underpins durable growth and ability to expand shareholder returns • Increasing returns on average assets and equity, demonstrating organic and sustainable growth • Meaningful de-levering since 2023
Slide 8: Unlocking Transformative Growth
8 Unlocking Transformative Growth Envisioning the strategic transition between the current state and future state of OppFi Volatile regulatory environment Monoline product dependency Nonprime consumer & macroeconomic risk Cost of capital Vendor-reliant tech platform Transition to a national bank cha
Slide 9: Strategic Path to $500M Adjusted Net Income
9 Strategic Path to $500M Adjusted Net Income Strategic Vision to Build a Multi-Product Banking Platform Generating $500M Adjusted Net Income in 5 years Pro Forma OppFi & BNC w/ Synergies Consumer Product Roadmap Small Business Expansion • Scale existing OppLoans and BNC products • Expand geographic
Slide 10: A Transformative Combination: OppFi to Acquire BNCCORP
A Transformative Combination OppFi to Acquire BNCCORP
Slide 11: Increase credit access and enhance product offerings
Increase credit access and enhance product offerings A compelling, strategic combination designed to: Enable product diversification and geographic expansion to all 50 states Reduce regulatory ambiguity and provide operational simplification Lower funding costs Strengthen the balance sheet and scale
Slide 12: Complementary Platforms to Maximize Potential
12 Complementary Platforms to Maximize Potential A combination would create a digital banking and financial services platform for the everyday American Combined Mission-Driven Model Focused on the Everyday American High-Retention Customer Relationships Readily-Available, Low-Cost Funding
Slide 13: 13 Bank Products that Span the Credit Spectrum
Consumer Lines of Credit + Consumer Installment Loans + Small Business Lines of Credit + Small Business Installment Loans + Revenue-based Financing + Commercial Real Estate + SBA Loans + Agriculture Loans + Business Checking Accounts + Consumer Checking Accounts
Slide 14: Pro Forma Combined Anticipated Financial Profile
14 • The pro forma business will maintain regulatory capital in excess of well-capitalized thresholds at both the consolidated and bank levels • Strong pro forma profitability margins with net interest income margins of 90%+ and net income margins of 25%+ beyond 2026 • Ability to materially lower co
Slide 15: OppFi - Appendix
OppFi- Appendix
Slide 16: Experienced Management
16 Experienced Management Led by a strong, experienced management team who can propel OppFi to its next phase of growth Pam Johnson Chief Financial Officer Years of Experience: 15+ Prior Role: CFO at Heights Financial. Christopher McKay Chief Risk and Analytics Officer Years of Experience: 23+ Prior
Slide 17: Outstanding Customer Satisfaction
17 Outstanding Customer Satisfaction 75 Net Promoter Score (NPS) Results Selected Customer Testimonials “They are amazing!!! Great customer service! Tons of knowledge, and willing to help. Easy application process! Fast funding!! And Great Customer Service!!! I will recommend, and personally use aga
Slide 18: Credit Model 6.1 Fully Deployed
18 Sixth generation machine learning model built to better predict consumer credit risk and more effectively target creditworthy borrowers Credit Model 6.1 Fully Deployed 1. Data compiled through internal testing comparing Credit Model 6.1 to Model 6.0, 12/15/2025 - 01/06/2026. Credit Assessment at
Slide 19: Strong Unit Economics Drive Robust Profitability and Free Cash Flow
19 Strong Unit Economics Drive Robust Profitability and Free Cash Flow Generation Note: “unit” refers to an individual OppFi customer. Customer average “lifetime” is 3.5 loans (The average customer at OppFi will take 3.5 loans). Approximately 95% of lifetime contribution occurs after the first loan.
Slide 20: Targeted Engagement & Settlement Strategies Strengthen Recoveries
20 10.4% 14.4% 16.3%43.5% 39.1% 37.0% Targeted Engagement & Settlement Strategies Strengthen Recoveries Performance driven by new credit models, strategic enhancements, and targeted marketing initiatives Net Charge-Offs as a % of Revenue1 Recoveries as a % of Gross Charge-Offs FY 2023 FY 2024 FY 202
Slide 21: Free Cash Flow Generation & Capital Allocation Optionality
21 Free Cash Flow Generation & Capital Allocation Optionality 2025 Key Liquidity and Capital Allocation Highlights • $30.0M in repayment of remaining corporate term loan debt outstanding (Q1-25) • $50.0M upsize to revolving credit facility with affiliates of Blue Owl Capital (Q1-25) • $21.7M for $0.
Slide 22: Bitty Transaction: Entry Into Small Business Financing
22 Bitty Transaction Represented OppFi’s Entry Into Small Business Financing Market Strategic Rationale Terms of Transaction Realized Value • Aligns with mission to provide credit access to the underbanked and to fill supply-demand imbalances in the marketplace • Provides earnings growth • Path to m
Slide 23: Adjusted Net Income Reconciliation
23 ($ in thousands, except per share data) FY23 FY24 FY25 Diluted Earnings (Loss) Per Share1 ($0.06) $0.36 $0.99 Net Income $39,479 $83,837 $146,247 Income Tax Expense 2,331 4,215 9,885 Other Expense (Income), Net (431) (318) 4,173 Change in Fair Value of Warrant Liabilities 4,976 8,244 11,347 Other
Slide 24: Adjusted Return on Assets and Equity Reconciliation Table
24 ($ in thousands) FY23 FY24 FY25 Net Income $39,479 $83,837 $146,247 Adjusted Net Income1 $41,494 $82,665 $139,759 Average Total Assets $590,691 $621,357 $697,631 Return on Assets 6.7% 13.5% 21.0% Adjusted Return on Assets1 7.0% 13.3% 20.0% Average Total Stockholders’ Equity $176,590 $214,121 $271
Slide 25: Free Cash Flow Reconciliation Table
25 ($ in thousands) FY23 FY24 FY25 Net Cash Provided by Operating Activities $296,146 $323,806 $401,305 Net Cash Used in Investing Activities (244,292) (243,442) (307,804) Add Back Cash Used for the Acquisition of Equity Interest in Bitty Advance - 15,966 - Free Cash Flow1 $51,854 $96,330 $93,501 1.