Chime jumps after projecting 2026 revenue above estimates

Chime Financial

25/02/2026 22:08

** Financial technology company Chime's CHYM.O shares rise ~8% to $22.8 after the bell

** CHYM forecasts 2026 revenue above Wall Street estimates, helped by strong demand for its digital banking products and resilient consumer spending

** Expects FY revenue between $2.63 billion and $2.67 billion, vs. expectations of $2.61 billion - data compiled by LSEG

** "We continue to extend our lead over traditional banks," CFO Matt Newcomb says in interview with Reuters

** Co expects Q1 revenue between $627 million and $637 million, above Wall Street expectations of $624.8 million

** Adds it expects to achieve GAAP profitability in 2026

** As of last close, shares down ~16% YTD

(Reporting by Manya Saini in Bengaluru)

((Manya.Saini@thomsonreuters.com))