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Chime Financial, Inc. (CHYM) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
RCMT, CHYM and BP made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 9, 2026.
Chime Financial Inc (NASDAQ:CHYM) announced plans to acquire Stride Bank for $590 million in cash, creating wholly owned Chime Bank, N.A.
Chime Financial Inc. (NASDAQ:CHYM) shares are trading higher after the company announced it expects a year-over-year increase in its third-quarter and fiscal-year 2026 revenue guidance. The company will acquire Stride Bank.
Chime shares CHYM surged 9% before the bell on Wednesday after the fintech company agreed to acquire Stride Bank for $590 million, a move that would give it a national bank charter and greater control over its lending business. The deal, announced late Tuesday, marks a significant step in Chime's effort to compete more directly with traditional banks.
Chime Financial (CHYM) will acquire Stride for $590M in cash, aiming for immediate EPS accretion and further upside. Grand Theft Auto 6's launch is a major videogame catalyst.
Chime plans to acquire its bank partner, Oklahoma-headquartered Stride Bank, to further Chime's efforts to provide “mainstream America” with better banking, the company said in a Tuesday (Sept. 8) press release.
Chime Financial jumped late Tuesday after raising guidance and announcing a key acquisition.