Chime Financial jumps on Stride Bank deal
09/09/2026 09:22
BUZZ-Chime Financial jumps on Stride Bank deal ** Chime Financial's CHYM.O shares jump 11.4% to $36 premarket
** Co to acquire nationally chartered Stride Bank for $590 million in an all-cash deal
** Deal expected to help co realize more than $100 mln in net synergies
** CHYM raised its FY26 revenue forecast, sees between $2.76 bln and $2.77 bln, above analysts' estimate of $2.75 bln - LSEG compiled data
** Morgan Stanley serving as a financial advisor to the co
** As of last close, the stock up 28.3% YTD
(Reporting by Utkarsh Hathi in Bengaluru)