B. Riley Securities has initiated coverage on Chime Financial Inc (CHYM) with a Buy rating, marking its first assessment of the company. This evaluation reflects the firm's analysis of Chime's business model, industry dynamics, and growth prospects.
Headquartered in San Francisco, Chime Financial, Inc. specializes in developing a digital banking application aimed at providing everyday Americans with access to essential banking services. The company offers FDIC-insured checking accounts, linked debit cards, and secured credit cards, alongside features designed to help users manage their finances effectively. Notably, Chime's liquidity products, including the fee-free overdraft protection service SpotMe and the MyPay feature allowing early access to pay, cater to members' short-term financial needs.
As of December 9, 2025, Chime has a market capitalization of $9.0 billion, with an earnings per share (EPS) of -7.40. The company reported better-than-expected Q3 results, with an EPS of -0.15 compared to the estimated -0.25, reflecting a 39.3% surprise. The current share price stands at $26.78.
The analyst consensus for Chime Financial Inc indicates a positive outlook, with four Strong Buy ratings, eleven Buy ratings, and five Hold ratings among a total of twenty analysts. This update provides insight into the firm's growing recognition in the financial services sector, where it competes with traditional banks and fintech companies alike.
Analyst ratings serve as professional opinions based on extensive research and financial modeling. While they can offer valuable perspectives, investors should consider various factors, including company fundamentals and industry trends, before making decisions. Ratings may evolve as new information becomes available, and differing views among analysts can provide a broader context for evaluation.