Atlanticus Holdings Corp Stock Price, News & Analysis

Atlanticus (NASDAQ: ATLC) announced that on December 4, 2025 its Mercury subsidiaries refinanced an existing $750 million term securitization. The replacement bonds have a three-year tenor, improved structural elements, and delivered an immediate 200+ basis point reduction in coupon versus the prior bonds.

Management said the refinancing reduces funding costs, supports integration of Atlanticus and Mercury, and positions the combined company to pursue further cost reductions and brand extension into 2026.

Atlanticus (NASDAQ: ATLC) announced its Board approved a quarterly cash dividend of $0.476563 per share to holders of its Series B Cumulative Perpetual Preferred Stock. The dividend is payable on or about December 15, 2025 to shareholders of record at the close of business on December 1, 2025.

This payout applies specifically to Atlanticus’ Series B preferred shares and reflects the Board’s declared cash distribution for the quarter.

Atlanticus (NASDAQ: ATLC) reported third quarter 2025 results including a transformational acquisition and significant scale expansion. Key highlights: completed acquisition of Mercury Financial for approximately $166.5 million adding $3.16 billion in credit card receivables and 1.3 million accounts; managed receivables rose 148.7% to $6.6 billion; total operating revenue increased 41.1% to $495.3 million. Net income attributable to common shareholders was $22.7 million (down 2.4%), while adjusted net income was $27.9 million (up 20%). Interest expense and operating expenses increased materially, reflecting higher debt and growth-related costs. Company reported record purchase volume of $1,192.1 million and served over 5.7 million consumers.

PROG Holdings (NYSE:PRG) announced sale of its Vive Financial credit card receivables portfolio to Atlanticus Holdings (NASDAQ:ATLC) on October 22, 2025. Under the agreement, PROG received approximately $150 million in cash while Atlanticus acquired about $165 million of receivables. The company said the transaction is intended to improve capital efficiency and profitability while preserving access to second-look credit solutions for near- and below-prime consumers.

Vive Financial will cease loan servicing after closing and a transition services agreement will govern the handoff; PROG said it will disclose transaction financial impact on its third quarter earnings call.

Atlanticus Holdings Corporation (NASDAQ: ATLC) has announced the acquisition of Mercury Financial LLC, a leading data-driven credit card platform serving near-prime consumers. The $162 million cash acquisition adds $3.2 billion in credit card receivables and 1.3 million credit card accounts to Atlanticus' portfolio.

The strategic acquisition expands Atlanticus' total managed receivables to over $6 billion and increases its serviced accounts to more than 5 million. Mercury's platform will complement Atlanticus' existing products, including general purpose credit cards, retail credit, patient financing, and dealer solutions.

The deal includes potential future earn-out payments based on portfolio performance, with integration initiatives focused on portfolio optimization, cost synergies, and increased originations through bank partners.

Atlanticus Holdings Corporation (NASDAQ: ATLC), a financial technology company, has declared a quarterly dividend of $0.476563 per share for its Series B Cumulative Perpetual Preferred stockholders. The dividend will be paid on September 15, 2025 to shareholders of record as of September 1, 2025.

The company, which facilitates inclusive financial services through bank, retail, and healthcare partnerships, continues its commitment to providing regular returns to preferred shareholders.

Atlanticus Holdings (NASDAQ: ATLC) has priced a $400 million offering of Senior Notes due 2030 with a 9.750% interest rate. The notes, expected to be issued on August 20, 2025, will be guaranteed by certain domestic subsidiaries.

The company plans to use the proceeds to repay outstanding recourse warehouse facilities, fund future acquisitions, potentially repay its 6.125% Senior Notes due 2026, and cover offering-related expenses. The notes are being offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.

Atlanticus Holdings (NASDAQ: ATLC) has announced a significant offering of $400 million Senior Notes due 2030. The notes will be guaranteed by certain domestic subsidiaries and are being offered to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S of the Securities Act.

The company plans to use the proceeds to repay existing warehouse facilities, fund future acquisitions, potentially repay its 6.125% Senior Notes due 2026, and cover offering-related expenses. The notes have not been registered under the Securities Act or state securities laws and are subject to registration exemption requirements.

Atlanticus Holdings Corporation (NASDAQ: ATLC) reported strong Q2 2025 financial results, with significant growth across key metrics. The company achieved net margin growth of 35.8% year-over-year and reached 4.0 million total accounts served.

Key highlights include: managed receivables increased 26.1% to $3.0 billion, total operating revenue grew 24.8% to $393.8 million, and the company maintained a return on average equity of 20.8%. Purchase volume reached $997.9 million, with over 590,000 new accounts added during the quarter. Net income attributable to common shareholders was $28.4 million, or $1.51 per diluted share.

The company's growth was driven by expanded marketing initiatives, new partnerships, and improved product offerings, while maintaining rigorous underwriting standards. During Q2, ATLC repurchased 41,381 shares for $1.92 million.