Welcome to our dedicated page for Pra Group news (Ticker: PRAA), a resource for investors and traders seeking the latest updates and insights on Pra Group stock.
PRA Group, Inc. reports news on its specialty finance business acquiring, collecting and managing nonperforming loan portfolios. Company updates commonly cover cash collections, portfolio purchases, estimated remaining collections, net income, adjusted EBITDA and performance across its U.S. and European businesses.
Recurring announcements also address capital structure actions, including European credit facilities and senior notes, as well as investor presentations, strategy updates, office and talent-hub expansion, and financial-inclusion initiatives tied to the company’s work with consumers resolving debt in the Americas, Europe and Australia.
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 (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.
PRA Group (PRAA) has announced a leadership transition, with Martin Sjolund, current President of PRA Group Europe, appointed as the new President and Chief Executive Officer effective June 17, 2025. He will succeed Vikram Atal, who will retire and serve as a senior advisor through December 31, 2025.
Sjolund will join the Board of Directors upon assuming his new role, while Atal will step down from the Board at that time. Under recent leadership, the company has achieved notable milestones including record global portfolio purchases, double-digit cash growth, expanded leadership team, improved operational processes, and strengthened capital structure.