External reports (aggregated public sources), Value Investors Club

Value Investors Club (VIC)

External reports (aggregated public sources)

Value Investors Club

Equity Bottom-Up

Key points (machine generated)<ul><li>Chime Financial, Inc. is a neobank serving 8.6 million members in the U.S., focusing on individuals earning under $100,000.</li><li>The company operates on a fee-free model, generating revenue through interchange fees and various financial services, including secured credit cards.</li><li>Chime recently went public with an IPO at $27 per share, initially rising to $37.11 before declining to $31.65 amid market volatility.</li></ul>This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Key points (machine generated)Chime Financial, Inc. is a neobank serving 8.6 million members in the U.S., focusing on individuals earning under $100,000.The company operates on a fee-free model, generating revenue through interchange fees and various financial services, including secured credit cards.Chime recently went public with an IPO at $27 per share, initially rising to $37.11 before declining to $31.65 amid market volatility.This article is sourced from an online content aggregator through publicly available sources and is displayed below for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Chime Financial Inc (CHYM) - Wednesday, Jun 18, 2025

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<ul>
<li>Chime Financial, Inc. (CHYM) priced a full-size deal of 32.0mm shares at $27.00 ($1 Above the $24-$26 range) and opened at $43.00 for a gain of 59.2% at first trade.</li>
<li>The debut is a major win for IPO investors but a disappointment for aftermarket traders as the stock closed nearly six points below the open.</li>
<li>Chime's order book finished north of 20-times oversubscribed with the top ten accounts taking 60% of the deal and the top 20 being allocated 85% of the transaction. </li>
</ul>


Chime Financial, Inc. (CHYM) priced a full-size deal of 32.0mm shares at $27.00 ($1 Above the $24-$26 range) and opened at $43.00 for a gain of 59.2% at first trade.
The debut is a major win for IPO investors but a disappointment for aftermarket traders as the stock closed nearly six points below the open.
Chime's order book finished north of 20-times oversubscribed with the top ten accounts taking 60% of the deal and the top 20 being allocated 85% of the transaction. 


Chime Financial, Inc. (CHYM): Rips 59% at Open, IPO Dips the Rest of the Day

<ul>
<li>The hold-up is based upon how Chime should be valued -- either like a fintech darling or just another financial services company.</li>
<li>The company’s gross profit tells a solid growth story as Chime ramps into the IPO with a healthy 33% gross profit clip based on Q1 2025 financials vs Q1 2024. </li>
<li>According to our sources, the Chime order book is considered multiple-times oversubscribed.</li>
</ul>


The hold-up is based upon how Chime should be valued -- either like a fintech darling or just another financial services company.
The company’s gross profit tells a solid growth story as Chime ramps into the IPO with a healthy 33% gross profit clip based on Q1 2025 financials vs Q1 2024. 
According to our sources, the Chime order book is considered multiple-times oversubscribed.


Chime Financial, Inc. (CHYM): Heavy Demand in IPO Order Book but Reason for Caution

US-EU Index Rebalances / Quantitative Researcher, ORTEX

Dimitris Ioannidis

US-EU Index Rebalances / Quantitative Researcher

Global Financial Data and Analytics Platform

ORTEX

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/chime-financial-inc" target="_blank" data-smartkarma-citation="entities:45194:1" rel="noopener">Chime Financial (CHYM US)</a> meets public voting rights eligibility only after the 6-month lock-up expiry, leading to its delayed inclusion in Global-F SmallCap and R1000 in 2026.</li>
<li>
<a href="https://www.smartkarma.com/entities/chime-financial-inc" target="_blank" data-smartkarma-citation="entities:45194:1" rel="noopener">Chime Financial (CHYM US)</a> will be excluded from Global-M for the next 12 months due to the lock-up on undisclosed shareholders, which keeps the free float below the 15% threshold.</li>
<li>
<a href="https://www.smartkarma.com/entities/chime-financial-inc" target="_blank" data-smartkarma-citation="entities:45194:1" rel="noopener">Chime Financial (CHYM US)</a> is expected to be added to US TMI at the September 2025 review.</li>
</ul>



Chime Financial (CHYM US) meets public voting rights eligibility only after the 6-month lock-up expiry, leading to its delayed inclusion in Global-F SmallCap and R1000 in 2026.

Chime Financial (CHYM US) will be excluded from Global-M for the next 12 months due to the lock-up on undisclosed shareholders, which keeps the free float below the 15% threshold.

Chime Financial (CHYM US) is expected to be added to US TMI at the September 2025 review.


Chime Financial (CHYM US): Delayed Inclusion to US & Global Indices

<ul>
<li>The company helps everyday people make progress in their financial lives and will be offering 32 million shares at a $24-$26 range equating to a $8.8b-$9.5b valuation.</li>
<li>The deal is anticipated to price on Tuesday (6/10) for a Wednesday (6/11) debut on the Nasdaq.</li>
<li>For the three months ended March 31, 2025 the company earned $518.7m in revenue marking a year-over-year increase of 32.3% from the prior year ($391.9m).</li>
</ul>


The company helps everyday people make progress in their financial lives and will be offering 32 million shares at a $24-$26 range equating to a $8.8b-$9.5b valuation.
The deal is anticipated to price on Tuesday (6/10) for a Wednesday (6/11) debut on the Nasdaq.
For the three months ended March 31, 2025 the company earned $518.7m in revenue marking a year-over-year increase of 32.3% from the prior year ($391.9m).


Chime Financial, Inc. (CHYM): Valuation Cut in Half, Major VC Players Backing FinTech IPO

United States

Chime Financial, Inc. develops online banking software. The Company designs financial software to provides online banking, mobile payment, debit and credit cards, and savings and spending account opening services. Chime Financial serves customers in the State of California.

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Chime Financial (CHYM US)

Chime Financial Inc (CHYM) - Wednesday, Jun 18, 2025

Chime Financial, Inc. is a neobank serving 8.6 million members in the U.S., focusing on individuals earning under $100,000.

Value Investors Club (VIC)

Chime Financial, Inc. (CHYM): Rips 59% at Open, IPO Dips the Rest of the Day

Chime Financial (CHYM) IPO soars 59.2% on debut, but closes below opening price; order book heavily oversubscribed with top accounts receiving...

IPO Boutique

Chime Financial, Inc. (CHYM): Heavy Demand in IPO Order Book but Reason for Caution

Chime's valuation debate hinges on whether it should be seen as a fintech star or a traditional financial services company, with strong growth and...

IPO Boutique