Chime Financial, Inc. (CHYM) shares surged 5.59% in 24-hour trading on Wednesday, buoyed by a second-quarter earnings report that handily exceeded analyst expectations and an upwardly revised full-year outlook.

The digital banking platform reported earnings per share of $0.07, swinging from a loss a year ago and crushing the consensus estimate of breakeven. Revenue jumped 27% year-over-year to $669.8 million, well above the $640.4 million forecast. The strong results were driven by a 20% increase in active members to 10.4 million and a 6% rise in average revenue per active member to $260, reflecting the successful launch of the Chime Prime membership tier and increasing engagement among higher-income customers.

Chime also hiked its full-year 2026 revenue guidance to a range of $2.73 billion to $2.75 billion, representing 25% to 26% growth and topping the consensus estimate of $2.68 billion. The company expects third-quarter revenue between $680 million and $690 million, also above Wall Street projections. The upbeat results and raised guidance, combined with recently announced cost-efficiency measures including a 10% workforce reduction, fueled investor optimism and drove the stock higher.