From Zacks Investment Research: 2025-06-06 12:22:00

In the first quarter of 2025, Dave Inc.’s adjusted EBITDA surged 235% year-over-year due to CashAI’s cost control and margin gains, leading to a 46% increase in ExtraCash originations and an 18% improvement in delinquency rates. CashAI’s underwriting engine also reduced credit loss provisions to 0.69%, enhancing risk control and profitability. The stock has soared 456% in the past year, outperforming competitors and the industry as a whole, with a forward P/E ratio of 21.03 and a Value Score of F. The Zacks Consensus Estimate for Dave’s earnings in 2025 has increased by 33.8% over the past 30 days.



Read more at Zacks Investment Research: DAVE’s CashAI: Is This Underwriting Engine a Fintech Game-Changer? – June 6, 2025