Enova Intl Inc Stock Price, News & Analysis

Enova International (NYSE: ENVA) has announced significant leadership changes effective January 1, 2026. Current Chairman and CEO David Fisher will transition to Executive Chairman, while CFO Steve Cunningham will become the new CEO. Additionally, Scott Cornelis, current Treasurer and VP of Finance, will assume the CFO position.

Cunningham, who joined Enova in 2016, brings extensive financial services experience from roles at Discover Financial Services and Harley-Davidson Financial Services. Cornelis, who will become CFO, has served as Enova's Treasurer since 2017 and has over 25 years of finance and banking experience. Fisher will serve as Executive Chairman for at least two years to ensure leadership continuity.

Enova International (NYSE: ENVA), a financial services company specializing in machine learning and analytics, has scheduled its second quarter 2025 financial results announcement for Thursday, July 24, 2025, after market close.

The company will host a conference call at 4 p.m. Central Time / 5 p.m. Eastern Time on the same day. Investors can access the live webcast, earnings release, and supplemental materials at http://ir.enova.com. A replay will be available until July 31, 2025, and the webcast recording will be accessible for 90 days on Enova's investor relations website.

OnDeck and Ocrolus released their Small Business Cash Flow Trend Report, revealing key insights about small business sentiment in Q1 2025. The survey shows 93% of small businesses expect growth in 2025, slightly down from 94% in Q4 2024. Notable findings include: 55% of businesses took preemptive action regarding tariff changes, 69% frequently use AI tools for marketing tasks, and a record 76% are turning to non-bank lenders instead of traditional banks. The report is based on responses from 437 small businesses with working capital loans and analysis of over 2 million small business financing applications over 15 months.

Enova reported strong Q1 2025 financial results, with originations increasing 26% and total revenue rising 22% to $746 million compared to Q1 2024. The company achieved diluted earnings per share of $2.69, up 64%, while adjusted EPS grew 56% to $2.98.

Key performance metrics remained robust with a stable net charge-off ratio of 8.6% and net revenue margin of 57%. The company's consolidated 30+ day delinquency ratio improved to 7.7%, while maintaining a portfolio fair value premium of 115%. Total combined loans reached a record $4.1 billion, with quarterly originations of $1.7 billion.

Liquidity position remained strong at $1.1 billion, including cash, marketable securities, and available facility capacity. The company continued its shareholder value creation through $63 million in share repurchases during the quarter. Management attributes success to their diversified products, online-only model, and machine learning-powered analytics in a favorable environment marked by strong labor market and wage growth.

Enova International (NYSE: ENVA) has scheduled its first quarter 2025 financial results announcement for Tuesday, April 29, 2025, after market close. The company will host a conference call at 4 p.m. Central Time / 5 p.m. Eastern Time on the same day to discuss the results.

Investors can access the live webcast through Enova's Investor Relations website at http://ir.enova.com, where the earnings press release and supplemental financial information will also be available. For those joining by phone, the U.S. dial-in number is 1-855-560-2575 (1-412-542-4161 for international callers).

A replay will be available until May 6, 2025, at 10:59 p.m. Central Time via U.S. dial-in 1-877-344-7529 (replay code: 9725416). The webcast recording will remain accessible on the IR website for 90 days.

A new Small Business Cash Flow Trend Report from OnDeck, Enova's (NYSE: ENVA) small business lending division, and Ocrolus reveals increasing optimism among small businesses for 2025. 94% of small businesses expect significant or moderate growth in 2025, up 2% from Q3 2024.

Key challenges identified include:

• 37% cite inflation as their top concern
• 30% identify cash flow as their primary challenge
• 76% of businesses bypassed traditional bank loans, up from 62% in Q4 2023

The report is based on responses from 454 small businesses with working capital loans and over 2 million small business applications for working capital financing during the past 15 months. The survey was conducted between December 2-11, 2024.

Enova International (ENVA) reported strong Q4 and full-year 2024 results, with record-breaking performance across key metrics. Q4 total revenue increased 25% to $730 million, while net income rose 83% to $64 million ($2.30 per diluted share). The company maintained a healthy net revenue margin of 57%.

Full-year 2024 highlights include: total revenue up 26% to $2.7 billion, net income growth of 20% to $209 million ($7.43 per diluted share), and adjusted earnings per share of $9.15, a 34% increase from 2023. The company's total combined loans and finance receivables reached a record $4.0 billion, with Q4 originations of $1.7 billion. During Q4, Enova repurchased $51 million of common stock.

Enova International (NYSE: ENVA) has announced it will release its fourth quarter and full year 2024 financial results after market close on Tuesday, February 4, 2025. The company will host a conference call to discuss the results at 4 p.m. Central Time / 5 p.m. Eastern Time on the same day.

The live webcast will be available on Enova's Investor Relations website, along with earnings press release and supplemental financial information. For those joining by phone, the U.S. dial-in is 1-855-560-2575 (1-412-542-4161 for international callers). A replay will be available until February 11, 2025, with U.S. replay dial-in 1-877-344-7529 (replay access code: 6182379). The webcast recording will remain accessible for 90 days on the company's IR website.

Enova International (NYSE: ENVA) has been named one of Foundry's Computerworld Best Places to Work in IT for the 12th consecutive year, ranking 10th among midsize organizations. The recognition highlights Enova's commitment to fostering innovation through its collaborative work culture and comprehensive benefits.

The company offers extensive career development opportunities including tuition reimbursement, mentoring programs, and specialized training initiatives like Baseline for new engineers and Tech Talks focused on emerging technologies. Enova's dedication to diversity and inclusion is demonstrated through its Women @ Enova initiative, which launched the Chicago Women in Technology Conference, and its DEI Council supporting seven affinity groups.

The ranking by Computerworld is based on evaluation of company benefits, career development, DEI practices, future of work, training, and retention, vetted by industry experts.