Happen, Inc. Reports Second Quarter 2026 Results
Happen reported Q2 net income of $58.1 million, or diluted EPS of $0.50, up 52% year-over-year, driven by a 29% increase in loan originations to $3.1 billion and a record pre-tax income of $75.7 million. The company completed its rebrand to Happen Bank and transferred its listing to Nasdaq under ticker HAPN, highlighting a new entry into the home improvement financing market and record automation efficiency.
Key figures
- Eps
- 0.5
- Revenue
- $262.9 million
- Guidance
- Q3 2026 originations $3.20B-$3.35B, EPS $0.43-$0.48; FY 2026 originations $12.2B-$12.6B, EPS $1.80-$1.90
- Revenue Yoy
- 6%
- Roe
- 15.1%
- Rotce
- 15.9%
- Deposits
- $10.8 billion
- Originations
- $3.1 billion
- Total assets
- $12.5 billion
- Net income yoy
- 52%
- Pre tax income
- $75.7 million
- Buyback executed
- $12 million
- Originations yoy
- 29%
AI analysis
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