Every 8-K that Enova International, Inc. (ENVA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ENVA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ENVA filings page.
Enova International, Inc. reported third-quarter 2026 revenue of $1.01 billion, up 26% from $803 million a year earlier. Net income was $107 million, or $4.06 per diluted share, compared with third-quarter 2025 net income of $80 million and diluted EPS of $3.03. Adjusted earnings per share were $4.48, up 33%, and adjusted EBITDA was $269 million, up 23%.
Combined loans and finance receivables, including principal and accrued fees and interest, reached $5.9 billion, up 30% from the end of the third quarter of 2025, with $2.6 billion of originations. Net revenue margin was 61% versus 57%, and the net charge-off ratio fell to 8.1% from 8.5% year over year.
Liquidity was $1.3 billion at September 30, 2026, including cash and marketable securities and available capacity on facilities. Enova repurchased $46 million of common stock and began the fourth quarter with $252 million of available share repurchase capacity. Third-quarter costs included $1.4 million related to the planned acquisition of Grasshopper Bancorp, Inc. and its wholly owned subsidiary, Grasshopper Bank.
Enova International, Inc. and Grasshopper Bancorp, Inc., the parent of Grasshopper Bank, mutually terminated their Agreement and Plan of Merger effective October 16, 2026. Enova made a $4,000,000 cash payment to Grasshopper Bancorp under the termination agreement; neither party will pay other fees or have other liabilities to the other related to the merger agreement.
The agreement, entered into December 10, 2025 and amended December 18, 2025, contemplated Grasshopper merging into Enova, followed immediately by an interim national bank subsidiary of Enova merging into Grasshopper Bank, subject to the agreement’s terms and conditions.
NetCredit Receivables 2022, LLC, a wholly-owned indirect subsidiary of Enova International, Inc. (ENVA), entered into a fourth amendment to its Note Issuance and Purchase Agreement on October 13, 2026. Jefferies Funding LLC is the administrative agent and initial note purchaser; Citibank, N.A. is the collateral agent and paying agent, alongside note purchasers from time to time party to the agreement.
As amended, the agreement lists a $200,000,000 commitment amount, a borrowing rate of SOFR + 4.00%, and a 90% Funding Rate. The revolving period terminates October 15, 2028, and the maturity date is October 15, 2030.
Enova International, Inc. (ENVA), through its wholly owned indirect subsidiary OnDeck Asset Securitization IV, LLC (ODAS IV), issued $500,026,000 of fixed-rate asset-backed notes on September 25, 2026. Proceeds were used to purchase small-business loans from ODK Capital, LLC; OnDeck used substantially all proceeds from the transaction to purchase certain loans from affiliates and for other general corporate purposes. The notes have a weighted average fixed coupon of 6.22% per annum and are secured by a revolving pool of small-business loans. At issuance, ODAS IV held approximately $526 million of loans pledged as collateral.
The four classes, A through D, carry fixed rates from 5.61% to 8.28% per annum. Each class has a revolving period ending September 2028, optional prepayment beginning October 2027, and final maturity in October 2032. Continued facility use depends on loan eligibility, concentration limits and portfolio-performance covenants; failure to meet covenants or other requirements may result in accelerated repayment, an event of default or termination. ODAS IV owns the pledged assets, and noteholders have no direct recourse to Enova or OnDeck.
Enova International, Inc. amended its HWCR 2023 Securitization Facility through a new Omnibus Amendment, updating terms on a large revolving receivables financing vehicle. The facility, held by wholly-owned indirect subsidiary HWC Receivables 2023, LLC, now provides a total commitment of $535,000,000, split between Class A revolving loans of $400,000,000 and Class B revolving loans of $135,000,000.
Class A borrowings accrue interest at SOFR plus 2.75%, while Class B borrowings are priced at SOFR plus 8.50%; the total facility borrowing rate is stated as SOFR plus 4.20%. The borrowing base advance rate is 65.5% for Class A and 87.5% for Class B and the overall facility. The revolving period extends through March 2028, with a final maturity in March 2029. Enova identifies this amended securitization facility as a material definitive agreement and a direct financial obligation or off-balance sheet obligation.
Enova International, Inc. (ENVA) disclosed that its wholly owned indirect subsidiary, OnDeck Asset Securitization IV, LLC, intends to issue $500,026,000 of Series 2026-1 fixed-rate asset-backed notes in a private securitization backed by a revolving pool of small business loans originated or purchased by ODK Capital, LLC (OnDeck).
The notes are structured in four classes: Class A $235.3 million at 5.61%, Class B $114.6 million at 6.05%, Class C $94.7 million at 6.73% and Class D $55.4 million at 8.28%, each with a legal final payment date of October 18, 2032, and are expected to be rated by KBRA from AA (sf) down to BB (sf). The Issuer will be the sole obligor; the notes are not obligations of, or guaranteed by, Enova or OnDeck.
The Issuer will use net proceeds to purchase small business loans from OnDeck and fund a reserve account, while OnDeck plans to use substantially all proceeds it receives to purchase small business loans from affiliates and for general corporate purposes. Supplemental data show OnDeck’s portfolio growth and credit performance, including as of July 31, 2026 term loan unpaid principal of $1.75 billion with a 61+ days past-due balance of $69.8 million, and an annualized net charge-off rate of 10.94% on term loans and 12.01% on lines of credit.
Enova International, Inc. (ENVA) announced that it has withdrawn its applications with the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System related to its proposed acquisition of Grasshopper Bancorp, Inc. Management stated that the decision follows a thorough evaluation of the bank regulatory environment for nonbank applicants.
At the same time, Enova reaffirmed its third-quarter 2026 guidance, expecting revenue growth of around 25% and adjusted EPS growth of around 30% year-over-year. For full-year 2026, the company continues to expect 20%–25% revenue growth and 30%–35% adjusted EPS growth year-over-year.
Given its financial performance, balance sheet flexibility and liquidity, Enova stated that it intends to accelerate share repurchases for the remainder of 2026. As of June 30, 2026, it had $218 million available for repurchases under its senior note covenants and $349 million available under its current Board authorization, which runs through June 30, 2027.
Enova International, Inc. (ENVA) reports a proposed private offering of $500,026,000 aggregate principal amount of Series 2026-1 Fixed Rate Asset-Backed Notes to be issued by its wholly owned indirect subsidiary OnDeck Asset Securitization IV, LLC. Collateral will be a revolving pool of small business loans originated or purchased by ODK Capital, LLC (OnDeck). The issuer will use net proceeds to purchase small business loans from OnDeck that will be pledged as collateral, and Enova plans to use the cash it receives for general corporate purposes. The issuer will be the sole obligor; the notes are not obligations of or guaranteed by Enova or OnDeck and are being offered only to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S.
Enova also furnishes extensive supplemental historical performance data for specific subsets of OnDeck U.S. term loans and lines of credit with original terms of 24 months or less and minimum loan yields of at least 10%. The data include delinquency measures based on a “missed payment factor,” static-pool cumulative net charge-offs by origination vintage and OnDeck Score band, and annualized net charge-off rates for both term loans and lines of credit as of July 31, 2026 and prior periods, with no assurance that past performance will predict future results.
Enova International, Inc. (ENVA) disclosed that its wholly owned indirect subsidiary, NetCredit Combined Receivables B, LLC, issued $300,886,000 of asset-backed notes in the ENVA 2026-A securitization on August 21, 2026. The issuance consists of $240,709,000 Class A Notes, $44,341,000 Class B Notes, and $15,836,000 Class C Notes, backed by a pool of approximately $316.72 million of unsecured consumer installment loans pledged as collateral.
The Class A, B, and C Notes carry fixed coupons of 5.88%, 7.68%, and 10.64% per annum, respectively, and have a final maturity date of September 20, 2032. Net proceeds are being used to purchase the securitized receivables from Enova subsidiaries, fund a reserve account, and pay transaction fees and expenses. The notes are obligations of the issuer only and are not guaranteed by Enova.
The transaction is governed by an Indenture with Citibank, N.A. as Indenture Trustee and related agents, which imposes eligibility criteria on receivables and various covenants on the issuer. Breaches that are not cured may trigger acceleration of the notes, sale of receivables, and/or termination of the facility. The notes were privately offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, without registration under the Securities Act.
Enova International, Inc., through its indirect subsidiary NC LOC 2024, amended its NetCredit LOC Receivables 2024 Facility by entering into a Third Amendment that increases the revolving commitment to $300,000,000 from $200,000,000, extends the revolving period to February 21, 2029, extends the maturity date to February 21, 2030, and reduces the borrowing rate to SOFR + 5.00% from SOFR + 5.50%.
Separately, an indirect subsidiary, NetCredit Combined Receivables B, LLC, priced an offering of $300,886,000 aggregate principal amount of asset-backed 2026-A Notes, consisting of $240,709,000 Class A Notes at 5.88%, $44,341,000 Class B Notes at 7.68%, and $15,836,000 Class C Notes at 10.64%. These notes will be backed by approximately $316.72 million of unsecured consumer installment loan receivables and will be obligations solely of the issuing subsidiary, not guaranteed by Enova.
Enova International reported strong Q2 2026 results, with total revenue of $929 million, up 22% from $764 million, and net income of $105 million, or $4.00 diluted EPS, up 38% from $76 million and $2.86. Adjusted EPS was $4.31, 33% higher year over year, and Adjusted EBITDA reached $256 million, up 26%.
Credit metrics remained solid: the consolidated net charge-off ratio improved to 7.3% and net revenue margin to 61%, with sequentially stable 30+ day delinquencies and fair value premium. Combined loans and finance receivables grew 28% to a record $5.5 billion on originations of $2.3 billion, while liquidity totaled $929 million at June 30. Management said second-quarter results exceeded internal expectations, is raising its outlook for the year, and is progressing toward the planned acquisition of Grasshopper Bank, incurring $1.5 million of related transaction costs in the quarter.
Enova International, Inc. reports an update to its earlier disclosure regarding Maria Veltre’s board role. In addition to being elected to the Board of Directors effective July 10, 2026, she has also been appointed to the Board’s Management Development and Compensation Committee, effective the same date.
Enova International, Inc. reported changes to its Board of Directors. On July 10, 2026, long-serving directors William M. Goodyear and Mark McGowan, both members of the Audit Committee, resigned from the Board, with the company stating the resignations were not due to any disagreement regarding operations, policies or practices. The Board then approved a reduction in Board size to ten directors.
Effective immediately, the Board elected Maria Veltre, an Operating Partner at Lightyear Capital with extensive digital and marketing experience at major financial institutions, as a new director; she will stand for re-election at the 2027 Annual Meeting of Shareholders and receive a pro rata portion of standard director compensation. Enova describes itself as an online financial services company that over more than 20 years has provided approximately $70 billion in loans and financing to nearly 15 million customers.
Enova International, through its wholly owned indirect subsidiary OnDeck Receivables 2022, LLC, has amended its revolving receivables securitization facility. The updated ODR 2022 Securitization Facility now provides a total commitment of $420 million, split between Class A and Class B revolving loans.
Class A loans total $338 million at a borrowing rate of CP Rate + 2.35%, while Class B loans total $82 million at SOFR + 7.50%. The weighted-average blended rate is stated as CP/SOFR + 3.36%, with a borrowing base advance rate of up to 88.75%.
The revolving period for the facility runs through June 2028, with a final maturity in June 2029. The amendment also supports disclosure of a direct financial obligation and a potential off-balance sheet arrangement through this securitization structure.
Enova International, Inc. reported the results of its 2026 Annual Meeting of Stockholders. Of 24,945,366 common shares entitled to vote, 22,823,203 were represented in person or by proxy. Stockholders elected eleven directors to one-year terms ending at the 2027 annual meeting.
Investors also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. In addition, they ratified the appointment of Deloitte & Touche LLP as Enova’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
Enova International reported strong first-quarter 2026 results, with revenue of $875 million, up 17% from $746 million a year earlier. Net income was $91 million, or $3.46 per diluted share, compared with $73 million, or $2.69 per diluted share.
Adjusted earnings per share rose to $3.87 from $2.98, and Adjusted EBITDA increased to $227 million from $190 million, reflecting a 26.0% margin. Combined loans and finance receivables reached a record $5.3 billion as originations climbed to $2.3 billion.
Credit quality stayed solid, with a 7.6% net charge-off ratio and 7.4% of balances more than 30 days delinquent, both better than a year earlier. Liquidity totaled $1.1 billion, and the company repurchased $16 million of stock while continuing to plan for its Grasshopper Bank acquisition.
Enova International, Inc. disclosed multiple amendments to its funding facilities that significantly increase available revolving credit across several wholly owned indirect subsidiaries. These changes expand borrowing capacity to support the company’s various receivables and loan portfolios.
The RAOD Facility Class A revolving loans rose from $200,000,000 to $300,000,000, and Class B from $36,842,105.26 to $55,263,157.89. The NCR 2022 Facility revolving commitment increased from $200,000,000 to $275,000,000, while the NC LOC 2024 Facility commitment grew from $150,000,000 to $200,000,000. For the Headway Facility, Class A revolving loans expanded from $365,000,000 to $465,000,000 and Class B from $122,595,000 to $156,183,000. Each amendment is documented in agreements with different administrative agents and lenders and will be filed as exhibits to the company’s Form 10‑Q for the quarter ending March 31, 2026.
Enova International, Inc. furnished a current report outlining that it has released its latest financial results. On January 27, 2026, the company issued a press release announcing its consolidated financial results for the three months ended December 31, 2025. The press release is attached to the report as Exhibit 99.1 and is incorporated by reference. Enova specifies that the information under this results-of-operations section is being furnished, not filed, which limits how it is treated under securities law.
Enova International, Inc. has amended a prior report to spell out 2026 pay packages tied to its previously announced leadership changes effective January 1, 2026. Incoming Chief Executive Officer Steve Cunningham will receive an $850,000 base salary, a 2026 bonus target of 135% of salary ($1,147,500), and equity awards equal to 600% of salary ($5,100,000) split equally between restricted stock units and stock options with multi‑year vesting schedules. New Chief Financial Officer Scott Cornelis will have a $520,000 base salary, an 85% bonus target ($442,000), and 200% of salary in equity awards ($1,040,000). Executive Chairman David Fisher will receive an $825,000 base salary, a 130% bonus target ($1,072,000), and equity awards equal to 520% of salary ($4,290,000), also split between restricted stock units and stock options.
Enova International, Inc. disclosed that it amended its Agreement and Plan of Merger with Grasshopper Bancorp, Inc., the parent of Grasshopper Bank N.A. The amendment removes Grasshopper stockholders’ prior ability to elect either cash or stock, which had been subject to caps and allocation procedures. Instead, each Grasshopper stockholder will receive a fixed mix of consideration in the merger, consisting of 50% cash and 50% Enova stock. The total aggregate consideration Enova will pay in the merger remains the same as originally agreed, and all other key terms of the mergers, including the subsequent bank merger, remain as previously described.
Enova International, Inc. announced a definitive Agreement and Plan of Merger to acquire Grasshopper Bancorp, Inc., parent of Grasshopper Bank N.A. Each Grasshopper share will be converted, at the holder’s election, into either $9.69 in cash or 0.07637 shares of Enova common stock, with total merger consideration capped at approximately $350 million, split 50% cash and 50% stock.
Following the parent-level merger, an Enova interim national bank will merge into Grasshopper Bank, which will remain the surviving bank. Grasshopper stock options will be cashed out to the extent in the money, and up to $2,500,000 in aggregate will be paid for certain Grasshopper warrants that are canceled under warrant agreements.
The deal requires Grasshopper stockholder approval, multiple U.S. bank regulatory approvals, NYSE listing of the Enova shares to be issued, and tax opinions that the merger qualifies as a reorganization. Enova has additional conditions, including that Grasshopper remain “well capitalized” with at least an 8% tier 1 leverage ratio and limited appraisal demands. Voting agreements covering about 56.3% of Grasshopper voting shares support the transaction and impose staggered lock-ups on Enova stock received in the merger.
Enova International, Inc. reported that its subsidiary OnDeck Receivables 2021, LLC amended its revolving receivables securitization facility known as the ODR 2021-1 Securitization Facility. The amended structure provides a total facility commitment of $246,666,666.66, split into Class A revolving loans of $193,333,333.33 and Class B revolving loans of $53,333,333.33. Class A borrowings accrue interest at the CP Rate + 2.00%, while Class B borrowings are priced at SOFR + 6.00%, with a blended facility borrowing rate stated as CP/SOFR + 2.86%. The borrowing base advance rate is 72.5% for Class A and 92.5% for Class B and in total, and the revolving period now runs through November 2027, with a final maturity in November 2028. The amendment is also reported as the creation of a direct financial obligation or off-balance sheet obligation for disclosure purposes.
Enova International announced that its indirect subsidiary, OnDeck Asset Securitization IV, LLC, issued $261,434,000 of fixed-rate asset-backed notes (the 2025-2 Series). Proceeds were used to purchase small business loans from ODK Capital, LLC, which are pledged as collateral for the notes.
The notes were sold in four classes with fixed coupons: Class A $122,161,000 at 4.84%, Class B $58,754,000 at 5.23%, Class C $49,535,000 at 6.30%, and Class D $30,984,000 at 8.58%, for a weighted average coupon of 5.65%. The revolving period ends October 2028, optional prepayment begins December 2027, and final maturity is November 2032. At issuance, the pledged loan portfolio was approximately $275 million.
The facility is subject to eligibility criteria, concentration limits, and portfolio performance covenants; breaches can trigger amortization events or defaults. The structure is bankruptcy-remote with no direct recourse to Enova or OnDeck. The notes were offered to qualified institutional buyers under Rule 144A and to non‑U.S. persons under Regulation S.
Enova International (ENVA) announced a new share repurchase authorization. The Board approved buybacks of up to $400 million of common stock, with the program in place until June 30, 2027. This authorization replaces the company’s prior $300 million repurchase program.
The update was disclosed under an Other Events item and accompanied by a press release (Exhibit 99.1). Repurchase authorizations allow the company to buy back shares over time at its discretion, which can reduce share count and return capital to stockholders.
Enova International disclosed that its indirect subsidiary, OnDeck Asset Securitization IV, LLC, intends to privately offer $261,434,000 of Series 2025-2 fixed-rate asset-backed notes, subject to market and customary conditions. Closing is anticipated on or about November 13, 2025; all classes carry a legal final payment date of November 17, 2032.
The notes are expected to be rated by KBRA, with class coupons of 4.84%, 5.23%, 6.30% and 8.58% and anticipated ratings of AA (sf), A- (sf), BBB- (sf) and BB (sf), respectively. Collateral will be a revolving pool of small business loans originated or purchased by OnDeck. The Issuer will use net proceeds to purchase loans from OnDeck and fund a reserve account; OnDeck will service the loans and is expected to use substantially all proceeds it receives to purchase small business loans from affiliates and for other general corporate purposes. The Issuer is the sole obligor; the notes are not obligations of Enova or OnDeck. The offering will be made to qualified institutional buyers under Rule 144A and to persons outside the U.S. under Regulation S.
Enova International (ENVA) disclosed a proposed private offering of $261,434,000 aggregate principal amount of Series 2025-2 Fixed Rate Asset-Backed Notes to be issued by its wholly owned indirect subsidiary, OnDeck Asset Securitization IV, LLC. The collateral will be a revolving pool of small business loans originated or purchased by OnDeck, another Enova subsidiary.
The Issuer will use net proceeds to purchase small business loans from OnDeck that will be pledged as collateral, and Enova will use funds it receives for general corporate purposes. The Issuer will be the sole obligor; the notes will not be obligations of, or guaranteed by, Enova or OnDeck. The offering is private, not registered under the Securities Act, and will be offered to qualified institutional buyers under Rule 144A and to persons outside the U.S. under Regulation S, with timing and terms dependent on market conditions.
Enova is also furnishing Exhibit 99.1 with supplemental historical loan performance data for specified subsets of OnDeck U.S. term loans and lines of credit.
Enova International (ENVA) filed an 8-K stating it issued a press release announcing consolidated financial results for the three months ended September 30, 2025. The press release is furnished as Exhibit 99.1 and incorporated by reference.
The company notes the information under Item 2.02 is being furnished, not filed, under the Exchange Act. The filing also includes the Cover Page Interactive Data File as Exhibit 104.
Enova International, Inc. amended its secured asset-backed revolving credit facility on August 28, 2025 by entering into a Third Amendment with Bank of Montreal and other lenders. The amendment increases the total commitment from $665,000,000 to $825,000,000, giving the company a larger borrowing capacity. It also extends the facility’s maturity date from June 30, 2026 to August 28, 2029, providing a longer-term funding source. In addition, the interest margin is reduced from the base rate plus 0.75% to the base rate plus 0.50% and from the SOFR rate plus 3.50% to the SOFR rate plus 3.25%, lowering borrowing costs. The agreement keeps the existing financial and other covenants, including limits on additional debt and leverage ratios.