Every 8-K that Jefferson Capital, Inc. (JCAP) 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 JCAP 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 JCAP filings page.
Jefferson Capital, Inc. (JCAP), through its indirect wholly owned subsidiary Jefferson Capital Holdings, LLC, issued $100 million aggregate principal amount of 8.250% Senior Notes due 2030 as an add-on to its existing notes under an Indenture with U.S. Bank Trust Company, National Association, as trustee.
The Add-On Notes are guaranteed on an unsecured senior basis by JCAP Funding Intermediate LLC, Canaccede U.S. Holdings LLC and CFG Canada Funding Intermediate, LLC. Interest accrues at 8.250% per annum, payable semiannually on May 15 and November 15, starting November 15, 2026, and the notes mature on May 15, 2030.
The issuer intends to use the net proceeds to repay a portion of borrowings under its Revolving Credit Facility and for general corporate purposes. The notes are redeemable, including an option from May 15, 2027 at specified prices and an equity-funded redemption of up to 40.0% at 108.250% of principal, and are subject to customary negative covenants and events of default.
Jefferson Capital, Inc. (JCAP) disclosed that its indirect wholly owned subsidiary, Jefferson Capital Holdings, LLC, is issuing a private add-on offering of $100 million aggregate principal amount of 8.250% senior notes due 2030. These Add-On Notes will be issued under the same Indenture dated May 2, 2025, as the previously issued $500 million of 8.250% senior notes due 2030, ranking as senior unsecured obligations.
The Add-On Notes will initially be fully and unconditionally guaranteed on a senior unsecured basis by certain wholly owned domestic restricted subsidiaries. Jefferson Capital Holdings intends to use the net proceeds primarily to repay borrowings under its revolving credit facility, with any remainder for general corporate purposes, and may later reborrow under the revolver to purchase portfolios and fund acquisitions.
The notes are being sold in a private offering only to persons reasonably believed to be qualified institutional buyers and to non‑U.S. persons under Regulation S. They have not been registered under the Securities Act and may only be resold pursuant to an exemption. The offering is expected to close on August 20, 2026, subject to customary closing conditions.
Jefferson Capital, Inc. reported strong top-line growth for the quarter ended June 30, 2026. Total collections rose 17.7% year over year to $300.9 million, while deployments increased 21.5% to $152.2 million. Estimated Remaining Collections grew 17.9% to $3.36 billion, reflecting expansion of future cash flow potential across the United States, Canada, the United Kingdom and Latin America.
Total revenues for the quarter were $177.5 million, up from $152.7 million a year earlier. Pre-tax income was $53.3 million and net income was $41.3 million, with diluted EPS of $0.67; on a non-GAAP basis, adjusted pre-tax income was $59.3 million, adjusted net income $47.3 million, and adjusted EPS $0.77. For the first six months of 2026, net cash provided by operating activities was $82.9 million and total assets were $2.08 billion with a leverage ratio of 1.71x.
The board declared a quarterly cash dividend of $0.24 per share, payable September 3, 2026 to shareholders of record on August 24, 2026. Management highlights a favorable investment environment, particularly in auto finance, and continues to use several non-GAAP metrics such as Adjusted Net Income, Adjusted EPS, Cash Efficiency Ratio and Leverage to evaluate performance.
Jefferson Capital, Inc. reported results of its annual stockholder meeting held on June 5, 2026. A total of 58,380,442 common shares were represented, equal to approximately 94.60% of shares outstanding as of the April 10, 2026 record date, indicating very high participation.
Stockholders elected Class I directors David Burton, Thomas Harding, and Thomas Lydon, Jr. to terms ending at the 2029 annual meeting. They also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 58,327,463 votes for, 52,556 against, and 423 abstentions. No other items were submitted for approval.
Jefferson Capital, Inc. reported mixed first quarter 2026 results with higher revenue but lower profit versus a year earlier. Total revenues rose to $176.4M from $154.9M, driven by record quarterly collections of $309.9M, up 18.8% year over year.
Despite this growth, net income declined to $37.6M from $64.2M, and diluted EPS was $0.61. Adjusted net income was $44.9M with adjusted EPS of $0.73, both below the prior-year quarter.
Estimated remaining collections increased 18.2% to $3.36B, and the leverage ratio improved to 1.79x from 2.17x. The board declared a quarterly cash dividend of $0.24 per share and expanded revolving credit commitments by $150M to $1.15B, with capacity for further increases.
Jefferson Capital, Inc. entered into Amendment No. 8 to its Credit Agreement, increasing aggregate revolving credit commitments by $150,000,000 from $1,000,000,000 to $1,150,000,000.
The amendment also raises the maximum cap on future incremental increases to $1,425,000,000, allowing additional potential increases of up to $275,000,000. Other than these changes to the revolving credit capacity, the underlying Credit Agreement remains unchanged in any material way.
Jefferson Capital, Inc. reported a board change on March 18, 2026. Christopher Giles resigned as a Class II director effective immediately to focus on other professional commitments, and the company stated his resignation was not due to any disagreement over operations, policies, or practices.
The board appointed Susan Atkins as a Class II director and James Pierce as a Class III director, with terms ending at the 2027 and 2028 annual meetings, respectively. Each new director received an option to purchase 50,000 common shares, half at fair market value on the grant date and half at fair market value plus $14.00, vesting in equal annual installments over three years, subject to continued board service.
Jefferson Capital, Inc. filed an update to its 2025 executive compensation disclosure. On March 11, 2025, the board approved 2025 annual cash bonuses for President and CEO David Burton at 100% of his target and for President of U.S. Business Lines Mark Zellmann at 86% of his target, based on 2025 performance. The company also finalized performance-based commissions for Chief Commercial Officer Penelope Person for 2025 and has now incorporated these amounts into its 2025 Summary Compensation Table originally included in its January 5, 2026 prospectus. After these additions, 2025 non-equity incentive plan compensation was $382,884 for Burton, $247,202 for Zellmann, and $208,864 for Person, bringing their 2025 total compensation to $3,795,973, $1,062,184, and $633,060, respectively.
Jefferson Capital, Inc. reported strong fourth quarter and full year 2025 results, highlighted by record performance across key metrics. Fourth quarter collections rose to $245.3 million, up 40.7% year over year, while deployments increased to $380.5 million, up 6.3%.
Estimated remaining collections reached $3.38 billion as of December 31, 2025, up 23.1% from 2024, reflecting a larger future cash flow pipeline. Fourth quarter pre-tax income grew 50% to $44.1 million, with net income of $37.7 million and EPS of $0.58. Adjusted pre-tax income was $51.1 million, and adjusted net income was $44.7 million.
For full year 2025, total revenues increased to $613.3 million from $433.3 million, and net income rose to $188.0 million from $128.9 million. The leverage ratio improved to 1.82x from 2.72x, showing stronger balance sheet capacity. The Board declared a quarterly cash dividend of $0.24 per share, payable on April 2, 2026 to shareholders of record on March 24, 2026.
Recent developments include the closing of the Bluestem portfolio purchase on December 4, 2025, which management expects to contribute meaningfully to 2026 results. In January 2026, existing stockholders sold 11.5 million shares in a secondary offering at $20.50 per share, and the company repurchased and retired 3.0 million shares, reducing J.C. Flowers’ ownership to 53% and increasing public float and liquidity.
Jefferson Capital, Inc. announced its financial results for the quarter ended September 30, 2025, and furnished the related press release via an Item 2.02 Form 8-K.
The press release is included as Exhibit 99.1 and is furnished, not filed, which means it is not subject to Section 18 liability and is not incorporated by reference unless specifically stated. The company’s common stock trades on the Nasdaq Global Select Market under the ticker JCAP.
Jefferson Capital, Inc. announced an agreement for its subsidiary to acquire certain Bluestem credit card assets for $302.8 million, including a revolving receivables portfolio where new draws have been suspended, plus related IP, records, bank accounts used for collections, and specified contracts. A $20.0 million escrow secures implementation obligations. At the June 30, 2025 cut-off date, the receivables had an aggregate face value of approximately $488.2 million. The company does not intend to pursue ongoing originations through the Bluestem platform, and no Bluestem retail operations are included.
Servicing will transition to CardWorks Servicing, LLC. Closing is subject to customary conditions, including HSR waiting period expiration, and is expected in the fourth quarter of 2025.
Separately, the company amended its credit facility: aggregate commitments increased by $175 million to $1.0 billion, interest margins were reduced by 50 basis points, non-use fees were trimmed with a 35 bps cap, credit spread adjustments were eliminated, and maturity was extended to October 27, 2030 with a springing maturity tied to existing senior notes. The amendment also adjusts permitted distributions, removes a minimum tangible net worth covenant, and updates audit/exam provisions.
Jefferson Capital, Inc. filed a current report to note that it has announced its financial results for the quarter ended June 30, 2025. The company released these quarterly results through a press release dated August 14, 2025, which is furnished as Exhibit 99.1 to the report.
The information provided under Item 2.02, including Exhibit 99.1, is being treated as furnished rather than filed, meaning it is not subject to certain liability provisions of the securities laws and is not automatically incorporated into other Securities Act or Exchange Act filings unless specifically referenced.