The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how personal loan stocks fared in Q1, starting with Nubank (NYSE: NU).

Personal loan providers offer unsecured credit for various consumer needs. The sector benefits from digital application processes, increasing consumer comfort with online financial services, and opportunities in underserved credit segments. Headwinds include credit risk management in unsecured lending, regulatory oversight of lending practices, and intense competition affecting margins from both traditional and fintech lenders.

The 9 personal loan stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 9.3% while next quarter’s revenue guidance was 3.6% above.

While some personal loan stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.1% since the latest earnings results.

Nubank (NYSE: NU)

With well over one hundred million customers across Brazil, Mexico, and Colombia through its viral member-get-member referral program, Nubank (NYSE: NU) is a digital banking platform that offers financial services including spending, saving, investing, borrowing, and protection products to millions of customers across Latin America.

Nubank reported revenues of $5.32 billion, up 57.6% year on year. This print exceeded analysts’ expectations by 48.9%. Overall, it was a strong quarter for the company.

Nubank scored the biggest analyst estimate beat in the group. Unsurprisingly, the stock is up 12.3% since reporting and currently trades at $14.52.

Read why we think that Nubank is one of the best personal loan stocks, our full report is free.

Best Q1: Affirm (NASDAQ: AFRM)

Founded by PayPal co-founder Max Levchin with a mission to create honest financial products, Affirm (NASDAQ: AFRM) provides a payment network that allows consumers to make purchases and pay for them over time with transparent, flexible installment loans.

Affirm reported revenues of $1.17 billion, up 33% year on year, outperforming analysts’ expectations by 5.2%. The business had a stunning quarter with a beat of analysts’ EPS and EBITDA estimates.

Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 5.5% since reporting. It currently trades at $74.27.

Is now the time to buy Affirm? Access our full analysis of the earnings results here, it’s free.

Weakest Q1: OneMain (NYSE: OMF)

Dating back to 1912 and formerly known as Springleaf, OneMain Holdings (NYSE: OMF) provides personal loans, auto financing, and credit cards to nonprime consumers who have limited access to traditional banking services.

OneMain reported revenues of $1.29 billion, up 6.9% year on year, exceeding analysts’ expectations by 1.4%. It was a satisfactory quarter as it also posted a narrow beat of analysts’ net interest income estimates but a significant miss of analysts’ EBITDA estimates.

The stock is flat since the results and currently trades at $62.47.

Read our full analysis of OneMain’s results here.

Enova (NYSE: ENVA)

Pioneering online lending since 2004 with a massive database of over 65 terabytes of customer behavior data, Enova International (NYSE: ENVA) provides online financial services including installment loans and lines of credit to non-prime consumers and small businesses in the United States and Brazil.

Enova reported revenues of $928.9 million, up 21.6% year on year. This number topped analysts’ expectations by 2.1%. Overall, it was a strong quarter as it also recorded a solid beat of analysts’ EBITDA and EPS estimates.

The stock is up 4.1% since reporting and currently trades at $226.74.

Read our full, actionable report on Enova here, it’s free.

Happen Bank (NASDAQ: HAPN)

Pioneering peer-to-peer lending in the US before evolving into a digital bank, Happen Bank (NASDAQ: HAPN) operates a marketplace that connects borrowers with lenders, offering personal loans, auto refinancing, and banking services.

Happen Bank reported revenues of $262.9 million, up 5.8% year on year. This result met analysts’ expectations. It was an exceptional quarter as it also put up full-year EPS guidance exceeding analysts’ expectations and a beat of analysts’ EPS estimates.

Happen Bank had the weakest performance against analyst estimates and slowest revenue growth of the whole group. The stock is down 6.2% since reporting and currently trades at $17.59.

Read our full, actionable report on Happen Bank here, it’s free.

Market Update

Over the past year, investors have been forced to repeatedly answer the same question: what is the market’s biggest risk? The answer has changed several times, and each shift has reshaped market leadership.

Late in 2025 and early 2026, artificial intelligence became the market’s primary uncertainty. Investors questioned whether AI would erode software pricing power and weaken competitive moats as AI made it easier to replicate once-differentiated products.

By the spring, technology took a back seat to geopolitics. The U.S. conflict with Iran briefly became the market’s dominant narrative, raising concerns about oil prices, inflation, and global growth. But as energy markets remained orderly and fears of a prolonged supply disruption faded, investors quickly turned their focus back to fundamentals.

Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Growth Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.