Chime Financial (CHYM) investor relations material

Business performance and growth

• Achieved strong quarter-over-quarter results, establishing leadership as a trusted brand for mainstream Americans seeking modern banking solutions.

• Accelerated revenue growth with Q2 volume up 20% and raised Q3 and full-year guidance to 30% top-line growth and higher adjusted EBITDA margin.

• Chime Prime and lending products are key growth drivers, with Chime Prime members monetized at twice the average rate and Instant Loan originations up 70% sequentially.

• Direct deposit relationships and enterprise partnerships, such as with Allied Universal, are fueling recurring revenue and expanding user engagement.

• Operating leverage remains strong, with incremental margins above 60% and payroll costs planned to stay flat next year.

Strategic acquisition and rationale

• Announced acquisition of Stride Bank, a long-term partner, to gain full control over banking operations and product velocity.

• Acquisition enables faster product development, streamlined compliance, and greater platform resiliency by integrating modern technology with proven bank infrastructure.

• Deal valued at 1.5x book, below precedent transactions, with Stride Bank showing ROE above 25% and strong profitability.

• National charter will allow geographic expansion and more flexible product offerings, especially in lending.

• Direct connection between brand and bank expected to increase trust among new customer segments.

Product innovation and technology

• Ownership of core technology (ChimeCore) and now a bank accelerates product launches, including Chime Plus, Chime Prime, lending, and investment services.

• AI and vertical integration enable rapid innovation, personalized experiences, and actionable financial insights through Jade, the financial assistant.

• Product velocity has led to new features like joint accounts, managed investments, and expanded credit offerings.

• Chime Prime offers 5% cash back on spending, 3.75% APY on savings, and perks like Priority Pass, targeting broader and higher-income segments.

• Ongoing beta for unsecured revolving lines and plans to expand eligibility for premium products.