Happen, Inc. Reports Third Quarter 2026 Results
PR Newswire•28/10/2026•16:05 ET
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Key Highlights
- ➤Diluted EPS rose 35% year-over-year to $0.50
- ➤Originations increased 26% year-over-year to $3.3 billion
- ➤Full-year 2026 EPS guidance raised to $1.87-$1.92
- ➤Full-year originations guidance narrowed to $12.3B-$12.4B
- ➤Pre-tax income reached a record $76.8 million
Expert Statements
Scott Sanborn, CEO of Happen, Inc.
“We had another great quarter, effectively navigating the dynamic rate environment to deliver record pre-tax income of $76.8 million and a return on tangible common equity of 15.8%, while growing originations 26% year-over-year to $3.3 billion,”
Scott Sanborn, CEO of Happen, Inc.
“Our new brand is taking root, our core business is performing well, we continue to outperform on credit, marketplace demand remains strong. We’re also effectively delivering against each of our growth initiatives, including starting to scale into the $500 billion home improvement market.”
Record $76.8 Million Pre-Tax Income, 15.0% ROE, and 15.8% ROTCE Grew Originations 26% Year-over-Year, Increased Diluted EPS 35% Year-over-Year to $0.50 Raising Diluted EPS and Narrowing Originations Annual Guidance Ranges
SAN FRANCISCO, Oct. 28, 2026 /PRNewswire/ -- Happen, Inc. (Nasdaq: HAPN), parent company of Happen Bank, a digital bank built for the Motivated Middle, today announced financial results for the third quarter ended September 30, 2026.
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