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OppFi (OPFI) Loans - Loss Allowance (2021 - 2024)

OppFi (OPFI) has disclosed Loans - Loss Allowance for 4 consecutive years, with $3000.0 as the latest value for Q2 2024.

  • On a quarterly basis, Loans - Loss Allowance fell 99.88% to $3000.0 in Q2 2024 year-over-year; TTM through Jun 2024 was $3000.0, a 99.88% decrease, with the full-year FY2019 number at $53.1 million, changed N/A from a year prior.
  • Loans - Loss Allowance was $3000.0 for Q2 2024 at OppFi, down from $7000.0 in the prior quarter.
  • In the past five years, Loans - Loss Allowance ranged from a high of $2.4 million in Q2 2023 to a low of $3000.0 in Q2 2024.
  • A 4-year average of $557750.0 and a median of $29000.0 in 2021 define the central range for Loans - Loss Allowance.
  • Peak YoY movement for Loans - Loss Allowance: soared 13200.0% in 2022, then plummeted 99.88% in 2024.
  • OppFi's Loans - Loss Allowance stood at $11000.0 in 2021, then surged by 9400.0% to $1.0 million in 2022, then soared by 130.72% to $2.4 million in 2023, then tumbled by 99.88% to $3000.0 in 2024.
  • Per Business Quant, the three most recent readings for OPFI's Loans - Loss Allowance are $3000.0 (Q2 2024), $7000.0 (Q1 2024), and $2.4 million (Q2 2023).