World Acceptance Corporation (WRLD) filings document formal disclosures for a South Carolina consumer finance company listed on the Nasdaq Global Select Market. Recent reports cover quarterly operating results, Regulation FD earnings releases, executive departures and appointments, compensation arrangements, shareholder voting matters, and governance actions.
The company’s material-event filings also describe capital and financing subjects, including a common-stock repurchase authorization, a warehouse credit facility secured by consumer loan receivables originated by subsidiaries, and the World Acceptance Corporation 2025 Stock Incentive Plan. These records frame disclosures around installment-loan receivables, branch-based operations, capital structure, and board oversight.
World Acceptance Corporation, a small-loan consumer finance company, reported quarterly results for the three months ended June 30, 2026. Total revenues were $139.2 million, up from $132.8 million a year earlier, driven mainly by interest and fee income of $121.5 million. Net income rose to $6.1 million from $1.6 million, with basic and diluted EPS of $1.36 and $1.33, respectively. Provision for credit losses decreased to $43.8 million from $50.5 million, while general and administrative expenses increased to $76.1 million.
As of June 30, 2026, gross loans receivable were $1.29 billion and net loans receivable were $844.7 million, supported by an allowance for credit losses of $112.5 million. Nonaccrual loans totaled $63.2 million, and cash plus restricted cash were $28.0 million. Shareholders’ equity was $362.2 million within total assets of $1.08 billion. The company funded operations primarily through a revolving credit facility with $467.6 million outstanding and a $175.0 million warehouse facility with $105.2 million drawn. Both facilities are SOFR-based, and the company reports compliance with all financial covenants after a temporary relaxation of its fixed charge coverage ratio for 2026.
The Board has authorized up to $50.0 million of share repurchases; as of June 30, 2026, $10.0 million remained under this program, and the company estimated additional repurchase capacity of approximately $63.8 million under its revolving credit agreement, subject to Board approval and other conditions. During 2025, it repurchased 347,064 shares for $60.0 million in a privately negotiated transaction at $172.88 per share. The company also revised prior-period financial statements to defer Refund Assurance Plan fees over a 36‑month coverage period under ASC 606; the change increased prior-quarter 2025 net income by $0.2 million but was concluded to be immaterial, so earlier reports were not restated.
World Acceptance Corp senior vice president of accounting Scott McIntyre reported selling 1,300 shares of common stock on August 3, 2026, in a sale described as an open-market or private transaction at $185 per share. After this sale, he directly owns 14,660 shares. The Rule 10b5-1 trading-plan checkbox was not marked.
WRLD has a Form 144 notice covering a proposed sale of 1,300 shares of common stock through Fidelity Brokerage Services LLC on NASDAQ on 08/03/2026, with an aggregate market value of $240,500.00. Shares outstanding total 4,640,323. The seller previously acquired 609 and 691 restricted shares via compensation vesting on 10/15/2021 and 04/25/2025, respectively.
World Acceptance Corp Executive Vice President, Chief Financial & Strategy Officer, and Treasurer John L. Calmes Jr. reported selling 2,000 shares of common stock on 2026-07-30 at $186 per share in an open-market or private transaction. After this sale, he directly owns 48,334 shares of the company’s common stock.
World Acceptance Corporation reported first quarter fiscal 2027 results with total revenues of $139.2 million, up from $132.8 million a year earlier. Net income increased to $6.1 million from $1.6 million, and diluted EPS rose to $1.33 from $0.30. The quarter included $4.6 million of CEO transition expense; excluding this, adjusted net income was $9.7 million and adjusted diluted EPS was $2.12.
Gross loans outstanding reached $1.29 billion as of June 30, 2026, a 2.3% increase from the prior year. Loans 61 days or more past due on a recency basis declined to 5.2% from 5.4%. New customer loan volume fell 40.1% while refinance volume grew 4.3%, contributing to a 1.9% decline in the customer base over twelve months. Same-store gross loans for branches open at least twelve months increased 2.2%.
The provision for credit losses decreased to $43.8 million from $50.5 million. General and administrative expenses rose to $76.1 million, or 54.7% of revenues, including $4.6 million of CEO transition-related costs. Interest expense increased to $11.4 million as average debt outstanding rose to $582.3 million, and the debt-to-equity ratio moved to 1.6:1. The company repurchased 15,858 shares for about $2.2 million and had approximately 4.5 million common shares outstanding as of June 30, 2026.
World Acceptance Corporation asks shareholders to vote at its 2026 Annual Meeting on August 19, 2026 in Greenville, SC. Items include electing six independent directors, an advisory vote on executive pay, and ratifying RSM US LLP as auditor for the year ending March 31, 2027.
Shareholders of record on July 8, 2026, when 4,660,413 common shares were outstanding, are entitled to one vote per share. The company reports fiscal 2026 net income of $34.6 million and diluted EPS of $6.88, and returned $132.4 million through share repurchases, including a $60.0 million buyback of 347,064 shares from a Prescott affiliate at $172.88 per share approved by the Board.
Prescott General Partners beneficially owns 1,456,150 shares, or 31.2% of the class; all directors and executives together hold 1,769,996 shares, or 38.0%. The board highlights fully independent membership, an independent chair, established audit, compensation and nominating committees, and performance-based equity awards tied to EPS, and recommends voting FOR all three proposals.
Prescott General Partners LLC, a more than ten percent owner of WORLD ACCEPTANCE CORP, reported indirect ownership changes in the company’s common stock through its investment partnerships as of July 2, 2026.
A key entry is a Code J transaction where 56,274 shares of common stock, held by Prescott Associates L.P., were distributed in kind to one of its limited partners at $219.46 per share in partial satisfaction of a withdrawal request. This is an internal partnership restructuring rather than an open-market trade.
Following this and related updates, Prescott Associates L.P. is shown holding 895,796 shares, Idoya Partners L.P. holding 518,550 shares, and Prescott International Partners L.P. holding 41,804 shares, all reported as indirectly beneficially owned by Prescott General Partners LLC subject to pecuniary-interest limits under Rule 16a-1.
World Acceptance Corporation’s major shareholder group has updated its Schedule 13D/A to reflect current holdings and a recent distribution. Prescott General Partners LLC, as general partner of the investment partnerships, may be deemed to beneficially own 1,456,150 shares of common stock, representing 31.4% of the 4,640,323 shares outstanding as of May 27, 2026. Other reporting persons include Prescott Associates, Idoya Partners, Prescott Investors Profit Sharing Trust, Thomas W. Smith, and Scott J. Vassalluzzo, with individual beneficial stakes ranging from 0.7% to 19.3%.
The amendment restates the purpose of the investment, noting that 1,579,374 shares are held across various managed accounts to pursue their investment objectives. The group indicates it may buy or sell additional shares and may engage with management, the board, other shareholders, and third parties regarding strategies to maximize shareholder value, while stating it has no present specific plans for actions listed in Item 4. The filing also discloses that on July 2, 2026, Prescott Associates distributed 56,274 shares in kind to a limited partner to satisfy a withdrawal request at a value of $223.83 per share, and that no other reporting person has traded the stock in the last 60 days.