Dafinchi AI

Financial Services

Commercial and money movement solutions revenue grew 13% year-over-year in constant dollars; commercial payments volume grew 7%.
Consumer payments revenue was driven by strong payments volume, cross-border volume, and processed transaction growth.
Cross-border volume, excluding intra-Europe, rose 11% in constant dollars; processed transactions grew 10% year-over-year.
EPS was $2.98, up 23% over last year, with minimal impacts from exchange rates and acquisitions.
Nonoperating income was $191 million, helped by investment income from higher cash balances.
Operating expenses grew 13%, higher than expected due to lower FX benefit and higher personnel expenses.
Overall payments volume grew 8% year-over-year in constant dollars; U.S. payment volume grew 7%, international payments volume grew 10%.
Tax rate for the quarter was 17.3%, in line with expectations.
Value-added services revenue was $2.8 billion, up 26% year-over-year in constant dollars.
Visa delivered net revenue of $10.2 billion, up 14% year-over-year, and EPS up 23% year-over-year.
Visa Direct transactions grew 25% year-over-year to 3.3 billion transactions.

ENVA

Financial Services

Adjusted EPS increased 48% year-over-year to $3.23, driven by efficient marketing, lower cost of funds, and operating leverage.
Combined loan and finance receivables reached a record $4.3 billion, with 65% from small business and 35% from consumer portfolios.
Cost of funds declined to 8.8%, 15 basis points lower sequentially, supported by strong capital markets execution.
Credit quality remained solid with a consolidated net charge-off ratio of 8.1%, improving 50 basis points sequentially but slightly higher than the prior year due to consumer trends.
Enova reported strong second quarter 2025 results with revenue of $764 million, a 22% year-over-year increase and 2% sequential growth.
Liquidity remained strong at $1.1 billion, including $388 million in cash and marketable securities and $712 million available on debt facilities.
Operating expenses were 32% of revenue, down from 34% a year ago, with marketing at 19% of revenue and technology and operations expenses at 8%.
Originations rose 28% year-over-year to $1.8 billion, with small business originations at a record $1.2 billion and consumer originations growing 15% year-over-year.
Small business credit metrics remained stable and strong, while consumer net charge-off ratio declined sequentially to 14.5%, within historical ranges.

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