1026 ET - Chime Financial has plenty of room to grow market share and an ongoing ability to deepen its customer relationships, Seaport analysts say in a research note. These factors should drive ongoing improvements in financial performance over the coming years, thy say. Chime, which offers banking services through its smartphone app and had its IPO earlier this month, can likely grow revenue in the high-20%-to-low-30% range annually over the next two years. "We also see an opportunity for the company to improve on margins/profitability as it scales further," the analysts write. Seaport initiates coverage of Chime with a buy rating and a price target of $37. Chime climbs 5.4% to $34.91. (connor.hart@wsj.com)

(END) Dow Jones Newswires

June 30, 2025 10:26 ET (14:26 GMT)

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