Every 8-K that Enova Intl 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. (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.