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Happen, Inc. Common Stock logo

Happen, Inc. Common Stock

HAPN

NASDAQFinancial ServicesBanks - Regional

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Previous close

$18.42

+$0.45 · +2.50%

Aug 21, 4:00 PM ET

HAPN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

64

Undervalued

Momentum

55

Neutral

Sentiment

56

Mixed

Risk resilience

50

Elevated Risk

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Company profile

Company website

Happen, Inc., operates as a bank holding company, that provides range of financial products and services in the United States. [8, 24, 33, 52, 60, 62] It offers deposit products, including savings accounts, checking accounts, and certificates of deposit; patient and education finance loans; and commercial loans, including small business loans. [8, 33] The company also provides consumer loans, such as Unsecured and unsecured, fixed-rate, and fixed-term consumer loans; and secured auto refinance loans. [8, 33]

Industry
Banks - Regional
Sector
Financial Services
Headquarters
US
CEO
Scott Sanborn
Listed since
Dec 10, 2014
Employees
1,075

Market position

Day range

Current $18.42

52-week range

Current $18.42

Open
$18.21
Previous close
$17.97
Volume
732.8K
0.35× average
Average volume
2.08M
Average daily volume
Market cap
2.13B USD
Beta
1.88
Market reference 1
50-day average
$19.3168
-4.64% below average
200-day average
$17.659
+4.31% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.28B USD
P/E (TTM)
10.84×
P/B (TTM)
1.36×
P/S (TTM)
1.61×
EV / EBITDA
3.47×
Earnings yield
6.21%
Free cash flow yield
-131.26%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
71.07%
Operating margin
18.19%
Net margin
14.84%
Return on equity
9.04%
Return on assets
1.17%
Return on invested capital
15.65%

Financial health

Debt / equity
0.01×
Current ratio
0.1×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends83%54%24%-5%Gross margin, FY2021: 75.65%Gross margin, FY2022: 72.45%Gross margin, FY2023: 54.70%Gross margin, FY2024: 52.44%Gross margin, FY2025: 64.71%Operating margin, FY2021: 2.05%Operating margin, FY2022: 12.05%Operating margin, FY2023: 4.81%Operating margin, FY2024: 5.60%Operating margin, FY2025: 25.00%Net margin, FY2021: 2.07%Net margin, FY2022: 22.81%Net margin, FY2023: 3.43%Net margin, FY2024: 4.42%Net margin, FY2025: 10.17%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 75.65%. Gross margin FY2022 72.45%. Gross margin FY2023 54.70%. Gross margin FY2024 52.44%. Gross margin FY2025 64.71%. Operating margin FY2021 2.05%. Operating margin FY2022 12.05%. Operating margin FY2023 4.81%. Operating margin FY2024 5.60%. Operating margin FY2025 25.00%. Net margin FY2021 2.07%. Net margin FY2022 22.81%. Net margin FY2023 3.43%. Net margin FY2024 4.42%. Net margin FY2025 10.17%.

Income trends

Revenue

1.33B USD+14.97%

Operating income

333.69M USD+412.85%

Net income

135.68M USD+164.32%
Income trends across reported periods1.47B USD939.84M USD413.33M USD−113.18M USDRevenue, FY2021: 898.63M USDRevenue, FY2022: 1.27B USDRevenue, FY2023: 1.14B USDRevenue, FY2024: 1.16B USDRevenue, FY2025: 1.33B USDOperating income, FY2021: 18.44M USDOperating income, FY2022: 153.04M USDOperating income, FY2023: 54.62M USDOperating income, FY2024: 65.07M USDOperating income, FY2025: 333.69M USDNet income, FY2021: 18.58M USDNet income, FY2022: 289.69M USDNet income, FY2023: 38.94M USDNet income, FY2024: 51.33M USDNet income, FY2025: 135.68M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 898.63M USD. Revenue FY2022 1.27B USD. Revenue FY2023 1.14B USD. Revenue FY2024 1.16B USD. Revenue FY2025 1.33B USD. Operating income FY2021 18.44M USD. Operating income FY2022 153.04M USD. Operating income FY2023 54.62M USD. Operating income FY2024 65.07M USD. Operating income FY2025 333.69M USD. Net income FY2021 18.58M USD. Net income FY2022 289.69M USD. Net income FY2023 38.94M USD. Net income FY2024 51.33M USD. Net income FY2025 135.68M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.33B USD1.16B USD1.14B USD1.27B USD898.63M USD
Cost of goods sold470.96M USD552.18M USD514.36M USD349.84M USD218.8M USD
Gross profit863.76M USD608.74M USD621.05M USD919.89M USD679.83M USD
Selling, general, and administrative391.06M USD332.56M USD355.79M USD537.14M USD444.53M USD
Operating expenses530.06M USD543.68M USD566.44M USD766.85M USD661.39M USD
Interest income961.54M USD907.96M USD832.63M USD557.34M USD292.83M USD
Interest expense335.87M USD373.92M USD270.79M USD82.52M USD80M USD
Depreciation and amortization63.7M USD53.3M USD47.2M USD43.83M USD44.29M USD
Operating income333.69M USD65.07M USD54.62M USD153.04M USD18.44M USD
Net income135.68M USD51.33M USD38.94M USD289.69M USD18.58M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

22 ratings
Strong buy00%
Buy1150%
Hold1045%
Sell15%
Strong sell00%

Recent analyst actions

3 institutions
CitizensmaintainMarket Outperform
Stephens & Co.maintainOverweight

HAPN news

fool.com

Happen Bank Is Crushing SoFi This Year. Here's the Reason Why It's Still the Better Buy.

Happen Bank, formerly known as LendingClub, has crushed SoFi's performance this year. The relative stock performance is backed up by financial fundamentals.

Read source
defenseworld.net

Lendingclub (NASDAQ:HAPN) CEO Sells $591,100.00 in Stock

Lendingclub Corp (NASDAQ: HAPN - Get Free Report) CEO Scott Sanborn sold 28,750 shares of the firm's stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $20.56, for a total value…

Read source
seekingalpha.com

Happen Bank: Full Steam Ahead As Net Interest Income Soars

Happen Bank, formerly LendingClub, stands out as a compelling mid-cap growth opportunity amid fading AI infrastructure momentum. HAPN's successful rebrand and transition to a full-scale digital bank positions it for…

Read source
seekingalpha.com

Happen, Inc. (HAPN) Q2 2026 Earnings Call Transcript

Happen, Inc. (HAPN) Q2 2026 Earnings Call Transcript

Read source
pymnts.com

Happen's Digital Banking Push Helps Deposits Jump 18%

The clearest evidence of LendingClub's new incarnation into a full-scale digital bank can be measured not merely in another jump in personal loan volume, but what happened (pun intended) after borrowers arrived. Happen…

Read source
zacks.com

Happen (HAPN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Although the revenue and EPS for Happen (HAPN) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the…

Read source

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ETFs holding HAPN

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
66.89M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
48.21M
Weight
0.03%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
30.62M
Weight
0.04%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
25.4M
Weight
0.03%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Dimensional - US Targeted Value ETF logoDimensional - US Targeted Value ETFDFAT
Market value
14.07M
Weight
0.10%
AUM
14.66B USD
Expense ratio
0.28%
Price / 1D
$71.67+0.67%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
12.31M
Weight
0.07%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Dimensional - US Small Cap Value ETF logoDimensional - US Small Cap Value ETFDFSV
Market value
10.81M
Weight
0.13%
AUM
8.42B USD
Expense ratio
0.30%
Price / 1D
$40.29+0.72%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
9.93M
Weight
0.04%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.83+0.52%

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