Forecast Q3 diluted EPS of $0.43 to $0.48, projecting full-year diluted EPS of $1.80 to $1.90.
Q2 FY26 results
Happen posted Q2 2026 net income of $58.1 million, up 52% year over year, with diluted EPS of $0.50, up 52%.
Total net revenue rose 6% from a year earlier to $262.9 million as loan originations climbed 29% to $3.1 billion.
Provision swung to a $10.9 million benefit from a $39.7 million expense a year earlier, citing strong credit performance and fair value option adoption.
Pre-tax income increased 40% year over year to $75.7 million, lifting ROE to 15.1% as the company began reporting under the Happen Bank brand.
HAPN•
