FinVolution: Appealing Shareholder Yield Is Overshadowed By Downside Risks
FinVolution(FINV) Seeking Alpha·2024-06-19 01:05
imtmphoto/iStock via Getty Images Elevator Pitch I have a Hold rating for FinVolution Group (NYSE:FINV) stock. My earlier November 23, 2023 write-up was focused on the review of FinVolution's financial results for the third quarter of last year. The current update highlights the risks associated with FINV's 2024 performance, and the stock's shareholder capital return outlook. I continue to assign a Hold rating to FinVolution. The stock's potential FY 2024 shareholder yield at the teens percentage level ...