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Joint Stock Company Kaspi.kz (NASDAQ: KSPI - Get Free Report) and PROG (NYSE: PRG - Get Free Report) are both finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, dividends, earnings, valuation, institutional ownership and risk. Profitability This table compares Joint Stock Company
Kaspi maintains a Buy rating, supported by stable or accelerating segment metrics, and a dividend raise ahead of possible Hepsi inflection in 2027. Fintech loan growth is strong, with a positive shift toward longer-duration, revenue-generating loans and improved credit quality. A recent rate cut in Kazakhstan reduces funding costs, enhancing margins in KSPI's interest-dependent segments.
Kaspi operates a dominant Super App ecosystem in Kazakhstan, integrating payments, e-commerce, and fintech with substantial transaction and lending scale. Türkiye expansion via Hepsiburada and Rabobank A.Ş. offers a long-term growth option, leveraging existing scale to replicate Kaspi's integrated model. Loan portfolio mix is shifting toward longer-duration, higher-value loans; NPL coverage decline is offset by stable delinquency metrics, supporting continued profitability.
ALMATY, Kazakhstan, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Joint Stock Company Kaspi.kz (Nasdaq: KSPI) announces that the following resolutions were duly passed at its Extraordinary General Meeting on 09 September 2026: 1.
Shares of Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ: KSPI - Get Free Report) reached a new 52-week high on Tuesday. The company traded as high as $107.88 and last traded at $106.46, with a volume of 579333 shares changing hands. The stock had previously closed at $105.55. Analyst Ratings Changes A number of brokerages
Kaspi.kz remains a 'Buy' as growth in Kazakhstan and new Turkish initiatives offset currency headwinds and emerging market risks. Q2 results met guidance: revenue up 15% YoY, driven by Fintech (23% YoY) and marketplace value-added services (27% YoY). Kazakh innovation advances with Kasper AI assistant, boosting customer engagement and reinforcing KSPI's competitive moat.
Joint Stock Company Kaspi.kz (KSPI) Q2 2026 Earnings Call Transcript
Joint Stock Company Kaspi.kz NASDAQ: KSPI reported second-quarter revenue growth of 15% and adjusted EBITDA growth of 5%, as gains in e-commerce and fintech were partly offset by higher funding costs and investments in Türkiye.