What happened Shares of the digital lender OppFi (NYSE: OPFI) jumped nearly 13% Friday morning following the release of its third-quarter earnings report Thursday night. However, the stock had given away most of those gains by the afternoon, with shares trading roughly 1% higher as of 1:25 p.m. EST. So what OppFi reported earnings per share (EPS) of $1.06 on total revenue of $92 million. Adjusted EPS was $0.21. The results beat analyst estimates. Image source: Getty Images. The company, which is seeking to disrupt the subprime lending space, originated $164.5 million in loan volume in Q3, while increasing automated loan approvals from 51% in Q2 to 58% in Q3.Net charge-offs, which is debt unlikely to be collected and a good indicator of losses, jumped from 28% in Q2 to 36% in Q3. OppFi also maintained its full-year guidance of adjusted net income of $62 million to $66 million on total revenue of $350 million to $360 million. Now what It was a solid quarter for OppFi, which to me continues to look like a profitable and undervalued fintech company. The company is not getting the credit I think it deserves, likely because it operates in the subprime lending space. But I like management's vision and the innovative financial products they are rolling out. Ultimately, I see this as a stock that can go much higher in the long term. 10 stocks we like better than OppFi Inc.When our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and OppFi Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 10, 2021 Bram Berkowitz owns shares of OppFi Inc. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source