Announcement • May 04
PRA Group, Inc., Annual General Meeting, Jun 16, 2026 PRA Group, Inc., Annual General Meeting, Jun 16, 2026. Announcement • Apr 23
PRA Group, Inc. to Report Q1, 2026 Results on May 07, 2026 PRA Group, Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 Announcement • Feb 24
PRA Group, Inc. to Report Q4, 2025 Results on Feb 26, 2026 PRA Group, Inc. announced that they will report Q4, 2025 results After-Market on Feb 26, 2026 Announcement • Nov 04
PRA Group, Inc. Announces Goodwill Impairment for the Three Months Ended September 30, 2025 PRA Group, Inc. announced Goodwill impairment for the three months ended September 30, 2025. For the quarter, the company reported Goodwill impairment was $412,611,000. Announcement • Jul 15
PRA Group, Inc. to Report Q3, 2025 Results on Nov 03, 2025 PRA Group, Inc. announced that they will report Q3, 2025 results After-Market on Nov 03, 2025 Announcement • Jun 19
Pra Group, Inc. Promotes Owen James to President of Pra Group Europe PRA Group, Inc. has promoted Owen James to president of PRA Group Europe. As president of PRA Group Europe, James will provide leadership across 15 markets in Europe, Canada and Australia. He will also be responsible for overseeing portfolio investments across Europe, while building on the continued profitability of the European business. Over the past seven years, PRA Group's European business has delivered strong results and become a significant driver of the company's performance, with more than $3 billion successfully invested in portfolios across Europe. James has more than 30 years of experience in financial services. He joined PRA Group 13 years ago, through the company's acquisition of Mackenzie Hall Holdings in 2012. James performed various leadership roles in PRA Group's European business before serving as global investments officer, where he oversaw the company's global investment strategy. Prior to joining PRA Group, he worked for more than 15 years in a variety of senior roles at Intrum, a major European debt servicer and buyer. Announcement • May 01
PRA Group, Inc., Annual General Meeting, Jun 17, 2025 PRA Group, Inc., Annual General Meeting, Jun 17, 2025. Announcement • Apr 22
PRA Group, Inc. to Report Q2, 2025 Results on Aug 04, 2025 PRA Group, Inc. announced that they will report Q2, 2025 results After-Market on Aug 04, 2025 Announcement • Feb 12
PRA Group, Inc. to Report Q1, 2025 Results on May 05, 2025 PRA Group, Inc. announced that they will report Q1, 2025 results After-Market on May 05, 2025 Announcement • Oct 15
PRA Group, Inc. to Report Q4, 2024 Results on Feb 24, 2025 PRA Group, Inc. announced that they will report Q4, 2024 results After-Market on Feb 24, 2025 Recent Insider Transactions • Aug 12
Independent Director recently bought €230k worth of stock On the 7th of August, Geir Olsen bought around 12k shares on-market at roughly €19.57 per share. This transaction increased Geir's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €693k more in shares than they have sold in the last 12 months. Announcement • Jul 16
PRA Group, Inc. to Report Q3, 2024 Results on Nov 04, 2024 PRA Group, Inc. announced that they will report Q3, 2024 results on Nov 04, 2024 Announcement • May 22
PRA Group, Inc. Announces Executive Changes PRA Group, Inc. announced the appointment of Dr. Marcel Köchling as European Investments Officer, effective immediately. Köchling, who holds a doctorate in business administration, is based in Germany and has been with PRA Group for over 12 years. He will continue as managing director of PRA Group Deutschland GmbH as he assumes leadership of the European acquisition team in the position formerly held by Owen James, who was promoted to Global Investments Officer in April of 2023. Köchling previously served as regional acquisitions director for Central and Southern Europe and has a proven track record of success in the nonperforming loans industry. PRA Group's European business has become a significant driver of the company's overall performance, accounting for more than 50% of the company's estimated remaining collections (ERC). Over the past five years, PRA Group Europe has invested more than $2 billion in portfolios across nine European markets. With his newly broadened role, Köchling will also join the European Leadership Team. Buy Or Sell Opportunity • May 08
Now 25% undervalued Over the last 90 days, the stock has risen 8.4% to €23.20. The fair value is estimated to be €31.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. Announcement • May 01
PRA Group, Inc., Annual General Meeting, Jun 13, 2024 PRA Group, Inc., Annual General Meeting, Jun 13, 2024, at 09:30 US Eastern Standard Time. Agenda: To Election of the 11 director nominees named in the accompanying Proxy Statement for a one-year term; to Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2024; to consider Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers; and Any other business that may properly come before the Annual Meeting and any adjournments or postponements thereof. Recent Insider Transactions • Apr 19
President recently sold €134k worth of stock On the 15th of April, Vikram Atal sold around 6k shares on-market at roughly €22.94 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Vikram has been a net buyer over the last 12 months, purchasing a net total of €565k worth of shares. Announcement • Apr 16
PRA Group, Inc. to Report Q2, 2024 Results on Aug 05, 2024 PRA Group, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Aug 05, 2024 Announcement • Mar 13
PRA Group, Inc Appoints Glenn Marino to Board of Directors PRA Group, Inc. announced the appointment of Glenn Marino to the Company's Board of Directors (the "Board"), effective March 15, 2024. Marino brings 30+ years of experience in the consumer finance industry to the PRA Group Board. Most recently, he served as Executive Vice President, Chief Commercial Officer and CEO of the Payment Solutions business at Synchrony Financial, Inc. ("Synchrony"), an $18 billion financial services company. Prior to the spin-off of Synchrony by General Electric Corporation ("GE"), Marino was CEO of Sales Finance for GE's North American retail finance business, and later served as CEO of Payment Solutions and Chief Commercial Officer for the business. He also previously served as CEO of Monogram Credit Services, a joint venture between GE and Bank One Corporation (now part of JPMorgan Chase). Currently, Marino serves on the board of directors of Upbound Group, Inc. (formerly Rent-A-Center). Announcement • Feb 17
PRA Group, Inc. Reports Unaudited Impairment of Real Estate for the Three Months Ended December 31, 2023 PRA Group, Inc. reported unaudited Impairment of real estate for the three months ended December 31, 2023. For the period, company reports Impairment of real estate of $202,000. Announcement • Jan 23
PRA Group Inc. Appoints Keith Warren as Chief Risk and Compliance Officer, Effective January 29, 2024 PRA Group Inc. announced the appointment of Keith Warren as chief risk and compliance officer (CRCO), effective January 29, 2024. Warren will report directly to Atal and serve as a member of the Senior Leadership Team. Warren, who will oversee enterprise-wide risk, compliance and risk governance at PRA Group, has more than 30 years of compliance, legal and operational risk leadership experience across multiple consumer banking and business products and control functions. He most recently served as senior vice president and chief risk and compliance officer for TransUnion, where he led global second line of defense risk and compliance, supporting businesses and products in more than 35 countries. Prior to his time at TransUnion, Warren served in numerous executive leadership roles at companies like Barclays Bank U.S., Wells Fargo, JPMorgan Chase and Bank of America. He was also in-house counsel for First North American National Bank, State Farm Bank, HSBC Bank USA, and Bank of America. Warren holds dual Bachelor of Science degrees in Management and in Communications from Syracuse University, a Juris Doctor degree from University of Richmond, and is a member of the Virginia Bar Association. Announcement • Jan 17
PRA Group, Inc. to Report Q1, 2024 Results on May 06, 2024 PRA Group, Inc. announced that they will report Q1, 2024 results After-Market on May 06, 2024 New Risk • Nov 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Announcement • Oct 17
PRA Group, Inc. to Report Q4, 2023 Results on Feb 26, 2024 PRA Group, Inc. announced that they will report Q4, 2023 results After-Market on Feb 26, 2024 New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). Recent Insider Transactions • Sep 01
Co-Founder & Non-Executive Chairman recently bought €463k worth of stock On the 29th of August, Steven Fredrickson bought around 26k shares on-market at roughly €17.81 per share. This transaction amounted to 24% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Steven's only on-market trade for the last 12 months. Announcement • Jul 15
Laura B. White to Resign from PRA Group, Inc. as Executive Vice President, Chief Risk and Compliance Officer, Effective July 31, 2023 PRA Group, Inc. announced that on July 11, 2023, Laura B. White, Executive Vice President, Chief Risk and Compliance Officer, of the company notified the Company of her decision to resign from the Company effective on July 31, 2023. Ms. White’s decision to resign from the Company was not due to a disagreement with the Company or management related to its operations nor the Company's settlement in 2023 with the U.S. Consumer Financial Protection Bureau. Recent Insider Transactions • Jun 09
Independent Director recently bought €140k worth of stock On the 2nd of June, Marjorie Connelly bought around 7k shares on-market at roughly €18.83 per share. This transaction amounted to 42% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €699k. Insiders have collectively bought €1.2m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €20.80, the stock trades at a trailing P/E ratio of 48.5x. Average forward P/E is 8x in the Consumer Finance industry in Europe. Total loss to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €28.30 per share. Recent Insider Transactions • May 22
President recently bought €699k worth of stock On the 18th of May, Vikram Atal bought around 40k shares on-market at roughly €17.47 per share. This transaction increased Vikram's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Vikram's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorates as stock falls 44% After last week's 44% share price decline to €17.40, the stock trades at a trailing P/E ratio of 38.6x. Average forward P/E is 8x in the Consumer Finance industry in Europe. Total loss to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €29.79 per share. Buying Opportunity • May 09
Now 31% undervalued after recent price drop Over the last 90 days, the stock is down 52%. The fair value is estimated to be €26.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.7% over the last 3 years. Earnings per share has declined by 5.8%. Revenue is forecast to decline by 5.6% in a year. Earnings is forecast to grow by 355% in the next year. Announcement • Feb 07
PRA Group, Inc. to Report Q1, 2023 Results on May 08, 2023 PRA Group, Inc. announced that they will report Q1, 2023 results After-Market on May 08, 2023 Buying Opportunity • Dec 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €38.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 21%. Revenue is forecast to decline by 8.1% in a year. Earnings is forecast to decline by 27% in the next year. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.63 (vs US$0.76 in 3Q 2021) Third quarter 2022 results: EPS: US$0.63 (down from US$0.76 in 3Q 2021). Revenue: US$244.8m (down 7.2% from 3Q 2021). Net income: US$24.7m (down 28% from 3Q 2021). Profit margin: 10% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 4.3% p.a. on average during the next 2 years, while revenues in the Consumer Finance industry in Europe are expected to grow by 8.3%. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Nov 05
PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolios of Non Performing Loans for approximately $180 million. PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolios of Non Performing Loans for approximately $180 million in Q3 2022.PRA Group, Inc. (NasdaqGS:PRAA) completed the acquisition of Portfolios of Non Performing Loans in Q3 2022. Announcement • Oct 14
PRA Group, Inc. to Report Q4, 2022 Results on Feb 27, 2023 PRA Group, Inc. announced that they will report Q4, 2022 results After-Market on Feb 27, 2023 Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: US$0.92 (vs US$1.22 in 2Q 2021) Second quarter 2022 results: EPS: US$0.92 (down from US$1.22 in 2Q 2021). Revenue: US$258.3m (down 9.6% from 2Q 2021). Net income: US$36.5m (down 35% from 2Q 2021). Profit margin: 14% (down from 20% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 7.2% compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Aug 06
PRA Group, Inc. Appoints LaTisha Tarrant as Chief Human Resources Officer, Effective August 15, 2022 PRA Group, Inc. announced that it has named LaTisha Tarrant as Chief Human Resources Officer (CHRO), effective August 15, 2022. Tarrant brings more than 20 years of public company experience to her new role and joins the company's senior leadership team to head its global human resources operation. Tarrant is currently senior vice president, deputy general counsel and corporate secretary and has held several leadership positions since joining PRA Group in 2016. Throughout Tarrant's tenure with PRA Group, she managed U.S. corporate legal matters, led environmental, social and governance (ESG) initiatives and advised the board of directors on incentive compensation, executive compensation and corporate governance matters. She also oversaw the search and onboarding of directors. Before joining PRA Group in 2016, Tarrant held roles with increasing responsibility, serving as managing associate general counsel at Anthem, Inc. (now Elevance Health, Inc.), and as senior counsel and a partner at McGuire Woods, LLP. Tarrant holds a J.D. from the University of Texas at Austin and a B.A. in international relations from William & Mary. Announcement • Jul 19
PRA Group, Inc. to Report Q3, 2022 Results on Nov 03, 2022 PRA Group, Inc. announced that they will report Q3, 2022 results After-Market on Nov 03, 2022 Announcement • Jun 26
PRA Group, Inc.(NasdaqGS:PRAA) dropped from Russell 2000 Dynamic Index PRA Group, Inc.(NasdaqGS:PRAA) dropped from Russell 2000 Dynamic Index Announcement • Jun 01
PRA Group, Inc. (NasdaqGS:PRAA) acquired Americas Vetdogs The Veterans K9 Corps Inc. PRA Group, Inc. (NasdaqGS:PRAA) acquired Americas Vetdogs The Veterans K9 Corps Inc on May 31, 2022.
PRA Group, Inc. (NasdaqGS:PRAA) completed the acquisition of Americas Vetdogs The Veterans K9 Corps Inc on May 31, 2022. Announcement • May 12
Pra Group, Inc. Announces the Promotion of Jan Husby to the Position of Chief Information Office PRA Group, Inc. announced the promotion of Jan Husby to the position of Chief Information Officer (CIO) of PRA Group. In this role, Husby will drive information technology and business applications at a strategic level across PRA Group's global platform. He will report directly to the chief financial officer (CFO). Husby is a seasoned executive with more than 30 years of experience in the information technology field. He joined PRA Group through the acquisition of Aktiv Kapital in 2014, where he has served as CIO of Europe for the past eight years. There, he supported operations in nine countries, including investment activities, call centers, legal offices, analytics and other foundational functions. In February of this year, Husby assumed the role of Interim CIO, where he provided direction and leadership to PRA Group's worldwide IT team. Prior to joining PRA Group, Husby served as Aktiv Kapital's CIO for over seven years. As a member of the senior leadership team and credit committee, Jan led a variety of impactful projects and streamlined systems and capabilities across their Europe and Canada locations. Previously, Husby was co-founder and chief technology officer (CTO) for two startup technology companies. He also served as CTO and then Head of the Corporate Customer Division over his four-year tenure with Zurich Financial Services Norway. Husby earned his master's degree in Computer Science from Cornell University and his Bachelor of Science in Computer Science from Worchester Polytechnic Institute. Reported Earnings • May 11
First quarter 2022 earnings released: EPS: US$0.98 (vs US$1.28 in 1Q 2021) First quarter 2022 results: EPS: US$0.98 (down from US$1.28 in 1Q 2021). Revenue: US$240.6m (down 17% from 1Q 2021). Net income: US$40.0m (down 32% from 1Q 2021). Profit margin: 17% (down from 20% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is expected to shrink by 8.4% compared to a 75% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • May 10
PRA Group, Inc. to Report Q2, 2022 Results on Aug 08, 2022 PRA Group, Inc. announced that they will report Q2, 2022 results After-Market on Aug 08, 2022 Announcement • May 06
PRA Group Announces Rakesh Sehgal as Head of Corporate Development in Newly Created Role PRA Group, Inc. announced that Rakesh Sehgal will join the company as Senior Vice President and Head of Corporate Development. He will be based in New York. In this newly created role, Rakesh will lead corporate development globally, including mergers and acquisitions, and be responsible for building a superior corporate development group that drives the company's strategic growth. Rakesh comes to PRA Group with two decades of Investment Banking and Corporate Development experience. He previously served as Managing Director in the mergers and acquisitions group at General Electric and GE Capital, where he had leadership roles in over $50 billion of M&A transactions. Prior to that, Rakesh was at Barclays Capital and Lehman Brothers in the Investment Banking Group where he worked on numerous financings and M&A transactions. Announcement • Mar 03
PRA Group, Inc. (NasdaqGS:PRAA) announces an Equity Buyback for $150 million worth of its shares. PRA Group, Inc. (NasdaqGS:PRAA) announces a share repurchase program. Under the program, the company will repurchase up to $150 million worth of its common stock. The program has no stated expiration date. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$4.07 (up from US$3.28 in FY 2020). Revenue: US$1.10b (up 2.8% from FY 2020). Net income: US$183.2m (up 23% from FY 2020). Profit margin: 17% (up from 14% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 9.5% compared to a 87% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$4.07 (up from US$3.28 in FY 2020). Revenue: US$1.10b (up 2.8% from FY 2020). Net income: US$183.2m (up 23% from FY 2020). Profit margin: 17% (up from 14% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 9.5% compared to a 87% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Mar 02
PRA Group, Inc. (NasdaqGS:PRAA) acquired Non Performing Loan Portfolios. PRA Group, Inc. (NasdaqGS:PRAA) acquired Non Performing Loan Portfolios in fourth quarter of 2021.
PRA Group, Inc. (NasdaqGS:PRAA) completed the acquisition of Non Performing Loan Portfolios in fourth quarter of 2021. Announcement • Feb 08
PRA Group, Inc. to Report Q1, 2022 Results on May 09, 2022 PRA Group, Inc. announced that they will report Q1, 2022 results After-Market on May 09, 2022 Reported Earnings • Nov 09
Third quarter 2021 earnings released: EPS US$0.76 (vs US$0.93 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$263.7m (down 1.6% from 3Q 2020). Net income: US$34.5m (down 19% from 3Q 2020). Profit margin: 13% (down from 16% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Sep 15
PRA Group, Inc. (NasdaqGS:PRAA) entered into an agreement to acquire Norwegian Portfolio of Defaulted Credit Cards and Installment Loans of Bank Norwegian ASA (OB:BANO). PRA Group, Inc. (NasdaqGS:PRAA) entered into an agreement to acquire Norwegian Portfolio of Defaulted Credit Cards and Installment Loans of Bank Norwegian ASA (OB:BANO) on September 13, 2021. The transaction will be finalized and settled in September 2021 and is expected to yield a positive earnings impact in Q3 2021. Reported Earnings • Aug 08
Second quarter 2021 earnings released: EPS US$1.22 (vs US$1.27 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: US$285.6m (up 5.0% from 2Q 2020). Net income: US$56.0m (down 3.3% from 2Q 2020). Profit margin: 20% (down from 21% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Aug 08
PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolio of Finance Receivables. PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolio of Finance Receivables in the second quarter of 2021. The size of the portfolio amounts to $219.7 million.
PRA Group, Inc. (NasdaqGS:PRAA) completed the acquisition of Portfolio of Finance Receivables in the second quarter of 2021. Announcement • Jun 25
PRA Group, Inc. (NasdaqGS:PRAA) agreed to acquire Norwegian Non-Performing Loans of Resurs Bank AB. PRA Group, Inc. (NasdaqGS:PRAA) agreed to acquire Norwegian Non-Performing Loans of Resurs Bank AB on June 24, 2021. The transaction is expected to be completed at the end of the second quarter of 2021. Executive Departure • Jun 15
Independent Director Penelope Kyle has left the company On the 11th of June, Penelope Kyle's tenure as Independent Director ended after 15.6 years in the role. As of March 2021, Penelope still personally held 43.66k shares (€1.4m worth at the time). Penelope is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 4.83 years. Reported Earnings • May 07
First quarter 2021 earnings released: EPS US$1.28 (vs US$0.42 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$289.5m (up 15% from 1Q 2020). Net income: US$58.4m (up 205% from 1Q 2020). Profit margin: 20% (up from 7.6% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS US$3.28 (vs US$1.90 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.07b (up 4.8% from FY 2019). Net income: US$149.3m (up 73% from FY 2019). Profit margin: 14% (up from 8.5% in FY 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has remained flat. Analyst Estimate Surprise Post Earnings • Feb 27
Revenue beats expectations Revenue exceeded analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 2.1%, compared to a 43% growth forecast for the Consumer Finance industry in Germany. Announcement • Feb 26
PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolio of Finance Receivables. PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolio of Finance Receivables in the fourth quarter of 2020. The size of the portfolio amounts to $289.8 million.
PRA Group, Inc. (NasdaqGS:PRAA) completed the acquisition of Portfolio of Finance Receivables in the fourth quarter of 2020. Announcement • Feb 25
Pra Group, Inc Announces Resignation of Penelope W. Kyle from the Board of Director PRA Group, Inc. announced that Penelope W. Kyle is retiring from the Company’s Board of Directors. Ms. Kyle, who was first appointed to the Board in 2005, recently provided notice that she will not stand for re-election at this year’s annual meeting of stockholders. Ms. Kyle has served as a member of the Nominating and Corporate Governance Committee since 2005 and its Chair from 2011 to 2019. Is New 90 Day High Low • Jan 30
New 90-day low: €27.40 The company is down 6.0% from its price of €29.20 on 30 October 2020. The German market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.40 per share. Is New 90 Day High Low • Jan 13
New 90-day low: €28.20 The company is down 15% from its price of €33.00 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.42 per share. Is New 90 Day High Low • Dec 11
New 90-day high: €36.60 The company is up 3.0% from its price of €35.60 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Finance industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.38 per share. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 5.4%. Over the next year, revenue is forecast to stay flat compared to a 21% growth forecast for the Consumer Finance industry in Germany. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS US$0.93 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$267.9m (up 7.1% from 3Q 2019). Net income: US$42.5m (up 70% from 3Q 2019). Profit margin: 16% (up from 10.0% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Nov 06
PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolio of Finance Receivables. PRA Group, Inc. (NasdaqGS:PRAA) acquired Portfolio of Finance Receivables in the third quarter of 2020. The size of the portfolio amounts to $177.6 million.
PRA Group, Inc. (NasdaqGS:PRAA) completed the acquisition of Portfolio of Finance Receivables in the third quarter of 2020. Is New 90 Day High Low • Oct 22
New 90-day low: €32.40 The company is down 5.0% from its price of €34.20 on 24 July 2020. The German market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Finance industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.37 per share. Announcement • Jul 18
PRA Group, Inc. to Report Q3, 2020 Results on Nov 05, 2020 PRA Group, Inc. announced that they will report Q3, 2020 results at 5:00 PM, Eastern Standard Time on Nov 05, 2020 
