Chime Financial raised its full‑year revenue growth guidance to 30%, up from a prior range of 25%‑27%, at the Goldman Sachs Communacopia + Technology Conference 2026. The company said second‑quarter transaction volume grew 20% year‑over‑year.
Adjusted EBITDA margin guidance was increased by one percentage point, with incremental margins running above 60% on a revenue basis. Management noted that on an apples‑to‑apples comparison with peers, margins would exceed 70%.
Lending activity remained robust. Total loan originations in the quarter topped $11 billion, while instant‑loan originations rose 70% sequentially to roughly $300 million, covering installment terms of three to twelve months. MyPay loss rates stayed below 1%.
Chime’s premium offering, Chime Prime, provides a 5% cash‑back rate on everyday spending and a 3.75% annual percentage yield on savings, described as seven to eight times the national average. The company reported a lifetime‑value to customer‑acquisition‑cost ratio of 9‑to‑1.
User metrics showed more than 10 million monthly active users, with the majority using Chime as their primary checking account. Over 75% of members indicated an intention to remain with the service long term. On average, members open the app more than five times a day and complete over 50 transactions each month. The brand ranks among the top two to three unaided online‑banking brands in the United States.
Chime announced a 10% reduction in its workforce to create a flatter organization. Technology and product teams now operate at roughly half their previous headcount while maintaining output levels.
Strategic moves included the acquisition of Stride Bank at a price of 1.5 times book value. Stride Bank reported a return on equity above 25%. An enterprise partnership was also disclosed with Allied Universal, giving its employees access to daily pay‑on‑demand through Chime accounts.
Management reiterated its ambition to become the leading provider of primary checking accounts in the United States within four to five years. The CEO highlighted the company’s brand breakout and the importance of smaller, accountable teams.
Chime’s shares traded at $34.55, near the 52‑week high of $35.55, having risen 55% over the past six months and 37% year‑to‑date.
