LendingClub, ABTC surge, Bitfarms, FHI slide: financials wrap

Published 2 weeks ago Positive
LendingClub, ABTC surge, Bitfarms, FHI slide: financials wrap
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[Stock market trading, financial data graph chart, data visualization, Business arrow graph chart]
Rasi Bhadramani

Much of the price action across this week's biggest financial-stock movers reflected earnings season heating up.

LendingClub (LC [https://seekingalpha.com/symbol/LC]) rose the most of any financial stock (with market cap over $2B) for the week ended Oct. 24, 2025, jumping 20%, after the online lending platform posted strong Q3 [https://seekingalpha.com/news/4507083-lendingclub-stock-jumps-q3-earnings-top-consensus-issues-in-line-q4-guidance] earnings, prompting an analyst upgrade [https://seekingalpha.com/news/4507432-lendingclub-upgraded-to-overweight-at-jp-morgan-as-q3-earnings-presage-inflection];

American Bitcoin (ABTC [https://seekingalpha.com/symbol/ABTC]), a bitcoin infrastructure platform, gapped up 19%;

Digital financial services provider Enova International (ENVA [https://seekingalpha.com/symbol/ENVA]) gained 15% on the back of mixed Q3 results [https://seekingalpha.com/news/4507878-enova-non-gaap-eps-of-3_36-beats-by-0_33-revenue-of-802_68m-misses-by-3_95m];

AI-powered lending platform Upstart Holdings (UPST [https://seekingalpha.com/symbol/UPST]) climbed 13%; and

Stablecoin issuer Circle Internet Group (CRCL [https://seekingalpha.com/symbol/CRCL]) rounded out the five biggest financial winners, advancing 12%.

On the negative side, Bitfarms (BITF [https://seekingalpha.com/symbol/BITF]), an operator of bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) data centers, retreated 8%;

Federated Hermes (FHI [https://seekingalpha.com/symbol/FHI]), which during the week said it agreed to buy a majority stake in private real estate investment manager FCP Fund Manager for up to $331M, slid 6.5%;

ServisFirst Bancshares (SFBS [https://seekingalpha.com/symbol/SFBS]) dipped 5.7% after the lender turned in a double-miss [https://seekingalpha.com/news/4505741-servisfirst-non-gaap-eps-of-1_30-misses-by-0_04-revenue-of-136_28m-misses-by-10_52m] on Q3 results;

Kinsale Capital Group (KNSL [https://seekingalpha.com/symbol/KNSL]), despite delivering [https://seekingalpha.com/news/4507856-kinsale-capital-non-gaap-eps-of-5_21-beats-by-0_39-revenue-of-497_51m-beats-by-50_89m] better-than-expected Q3 profit and sales, fell 5.6% this week; and

India's ICICI Bank (IBN [https://seekingalpha.com/symbol/IBN]) shed 5.1%.

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