Welcome to our dedicated page for Atlanticus Holdings news (Ticker: ATLC), a resource for investors and traders seeking the latest updates and insights on Atlanticus Holdings stock.
Atlanticus Holdings Corporation (ATLC) delivers innovative credit solutions through its technology-driven financial services platform. This news hub provides investors and stakeholders with essential updates on corporate developments, strategic partnerships, and operational milestones.
Access timely press releases covering earnings reports, credit portfolio expansions, and technology initiatives. Our curated collection helps users track ATLC's progress in consumer finance markets while maintaining awareness of risk management practices and regulatory compliance updates.
Key updates include quarterly financial results, leadership announcements, product launches in private label credit programs, and advancements in predictive analytics capabilities. Bookmark this page for direct access to original source materials and objective reporting on ATLC's market activities.
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.
- Managed receivables increased 16.7% to $2.7 billion - Total operating revenue grew 18.9% to $344.9 million - Net income attributable to common shareholders rose 40.6% to $27.9 million - Earnings per diluted share reached $1.49 - Return on equity of 22.0% - Serving 3.8 million total accounts, adding 415,000 new accounts in Q1
The company's growth was driven by both private label credit and general purpose credit card products. While interest expenses increased due to higher borrowing costs, improved credit performance and operational efficiency contributed to stronger bottom-line results. Management expects continued growth throughout 2025, with general purpose credit card receivables growth anticipated to accelerate in Q3 and Q4.
Atlanticus Holdings (NASDAQ: ATLC) reported strong Q4 2024 financial results with notable growth across key metrics. The company achieved a 28.0% net margin growth year-over-year, serving 3.7 million accounts.
Key Q4 2024 highlights include:
- Managed receivables up 13.0% to $2.7 billion
- Total operating revenue increased 14.4% to $353.2 million
- Return on average equity of 22.3%
- Purchase volume of $660.2 million
- Net income of $26.3 million ($1.42 per diluted share)
The company's private label credit receivables grew by $292.4 million, while general purpose credit card receivables increased by $21.7 million in 2024. Despite various market challenges, Atlanticus maintained strong growth metrics over the past 5 years, with managed receivables growing at a 24% CAGR, revenue at 31%, and earnings at 29%.
Atlanticus Holdings (NASDAQ: ATLC), a financial technology company, has announced its Board of Directors' approval of a quarterly dividend for Series B Cumulative Perpetual Preferred shareholders. The dividend amount is set at $0.476563 per share and will be paid on or about March 17, 2025. Shareholders must be on record by the close of business on March 1, 2025 to receive this cash dividend. The company focuses on enabling bank, retail, and healthcare partners to provide more inclusive financial services to everyday Americans.
Atlanticus Holdings (NASDAQ: ATLC), a fintech company facilitating inclusive financial services, has announced its Board of Directors' approval of a quarterly dividend for Series B Cumulative Perpetual Preferred shareholders. The dividend amounts to $0.476563 per share and will be paid around December 16, 2024. Shareholders must be on record by the close of business on December 1, 2024 to receive the dividend payment.