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Chime reports Q3 EPS (15c), consensus (24c)

Reports Q3 revenue $544M, consensus $531.5M. “Month after month, more mainstream Americans are choosing Chime (CHYM) as their primary financial partner1 – and that momentum is fueling our great results,” said Chris Britt, CEO and Co-founder of Chime. “We delivered another outstanding quarter, exceeding guidance, expanding margins, and raising our full-year outlook. Our 29% year-over-year revenue growth and 21% year-over-year Active Members growth reflect the strength of our model and the trust we’ve built with our members. Our $200 million share repurchase program underscores our confidence in Chime’s financial strength, durable business model, and long-term growth potential.”

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