Pra Group Inc Stock Price, News & Analysis

PRA Group (Nasdaq: PRAA) reported Q3 2025 results with a $412.6 million non-cash goodwill impairment that produced a net loss attributable to PRA Group of $407.7 million (EPS $(10.43)).

Excluding the impairment, adjusted net income was $20.9 million (EPS $0.53). Total cash collections were $542.2 million, up 13.7% year-over-year. Adjusted EBITDA for the 12 months ended Sept 30, 2025 was $1.3 billion, up 15.1%. Total portfolio purchases were $255.5 million in Q3 and the company remains on track for a $1.2 billion 2025 purchase target. Estimated remaining collections (ERC) reached a record $8.4 billion, up 15.2%. Credit availability under facilities was $1.2 billion.

PRA Group (Nasdaq: PRAA) will report third quarter 2025 results after market close on Monday, November 3, 2025. A webcast and conference call will follow at 5:00 p.m. ET. Investors can access the webcast and slides at https://ir.pragroup.com/events-and-presentations or join by phone at 646-357-8785 (U.S.) or 1-800-836-8184 (outside the U.S.).

A replay will be available via the same website through November 3, 2026, or by phone at 646-517-4150 (U.S.) or 1-888-660-6345 (outside the U.S.) using access code 30359# until November 10, 2025.

PRA Group (Nasdaq: PRAA), a global leader in nonperforming loan acquisition and collection, has announced the pricing of €300 million in senior notes through its Luxembourg subsidiary. The notes, carrying a 6.250% interest rate and due in 2032, will be offered in a private placement to qualified institutional buyers.

The company plans to use the proceeds to refinance approximately $348 million in total debt, evenly split between its North American and European revolving credit facilities. The offering, expected to close around September 30, 2025, will be guaranteed by PRA Group and its domestic subsidiaries that are borrowers or guarantors under the North American Credit Agreement.

PRA Group (Nasdaq: PRAA), a global leader in nonperforming loan acquisition and collection, has announced that its Luxembourg subsidiary plans to offer €300 million in senior notes due 2032. The offering will be conducted through a private transaction exempt from Securities Act registration requirements.

The company intends to use the net proceeds to repay approximately $174 million of its North American revolving credit facility borrowings and $174 million of its European revolving credit facility borrowings. The notes will be guaranteed on a senior unsecured basis by PRA Group and its domestic subsidiaries that are borrowers or guarantors under the North American Credit Agreement.

The offering is exclusively available to qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S, with specific restrictions for UK and EEA retail investors.

PRA Group (Nasdaq: PRAA), a global nonperforming loan acquisition and collection company, reported strong Q2 2025 results with net income of $42.4 million, up 96.9% year-over-year. The earnings include a $29.7 million after-tax gain from selling its RCB equity interest in Brazil.

Key highlights include record estimated remaining collections (ERC) of $8.3 billion, up 21.9%, and total cash collections of $536.3 million, increasing 13.2%. The company achieved a 62.4% cash efficiency ratio, improving by 355 basis points. Portfolio purchases totaled $346.5 million, with forward flow commitments of $311.2 million for the next 12 months.

Under new CEO Martin Sjolund, PRA Group is focusing on transforming its U.S. business across three strategic pillars: optimizing investments, operational execution, and managing expenses.

PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has scheduled its second quarter 2025 earnings release for August 4, 2025, after market close. The company will host a conference call and webcast at 5 p.m. E.T. the same day.

Investors can access the webcast and presentation slides through PRA Group's investor relations website. For those joining by phone, U.S. participants should call 646-357-8785, while international callers can dial 1-800-836-8184. A replay will be available until August 4, 2026, on the website, or by phone until August 11, 2025. Additionally, PRA Group plans to announce its third quarter 2025 results on November 3, 2025.

PRA Group (NASDAQ: PRAA), a global leader in nonperforming loan acquisition and collection, has appointed Owen James as president of PRA Group Europe. James, who joined PRA Group through the Mackenzie Hall Holdings acquisition in 2012, brings over 30 years of financial services experience to the role. He will oversee operations across 15 markets in Europe, Canada, and Australia, reporting to President and CEO Martin Sjolund. Under James's previous role as global investments officer, PRA Group's European division has become a significant performance driver, investing more than $3 billion in portfolios across Europe over the past seven years. Prior to PRA Group, James held senior positions at Intrum, a major European debt servicer and buyer, for over 15 years.

PRA Group (PRAA) reported strong Q1 2025 results with significant growth across key metrics. The company achieved total portfolio purchases of $291.7 million, up 18.7% year-over-year, and reached a record estimated remaining collections (ERC) of $7.8 billion, representing a 20.1% increase. Total cash collections grew 10.7% to $497.4 million, while the cash efficiency ratio improved by 284 basis points to 60.8%. Net income increased 5.3% to $3.7 million, with diluted EPS remaining stable at $0.09. The company's Adjusted EBITDA for the trailing twelve months rose 13.5% to $1.2 billion. The company announced a leadership transition, welcoming Martin Sjolund as the new CEO. Despite strong operational metrics, PRA Group adjusted its return on average tangible equity target downward from approximately 12%, while maintaining other financial targets.

PRA Group (PRAA), a global leader in nonperforming loan acquisition and collection, has scheduled its first quarter 2025 earnings release for Monday, May 5, 2025, after market close. The company will host a webcast and conference call at 5 p.m. E.T. on the same day.

Investors can access the webcast and presentation slides at the company's investor relations website. For phone participation, U.S. callers can dial 646-357-8785, while international callers should use 1-800-836-8184. The webcast replay will be available until May 5, 2026, and a phone replay will be accessible until May 12, 2025. Additionally, PRA Group has announced plans to release its second quarter 2025 results after market close on Monday, August 4, 2025.