• Happen posted Q2 2026 net income of $58.1 million, up 52% year over year, with diluted EPS of $0.50, up 52%.
• Total net revenue rose 6% from a year earlier to $262.9 million as loan originations climbed 29% to $3.1 billion.
• Provision swung to a $10.9 million benefit from a $39.7 million expense a year earlier, citing strong credit performance and fair value option adoption.
• Pre-tax income increased 40% year over year to $75.7 million, lifting ROE to 15.1% as the company began reporting under the Happen Bank brand.
• Forecast Q3 diluted EPS of $0.43 to $0.48, projecting full-year diluted EPS of $1.80 to $1.90.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Happen Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607271605PR_NEWS_USPR_____SF12382) on July 27, 2026, and is solely responsible for the information contained therein.