PRA Group posts investor presentation on acquiring and collecting nonperforming loans

Reuters2026/08/06 22:21

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PRA Group highlighted Q2 2026 cash collections of $559 million, up 4% year over year; cash efficiency ratio improved to 61% from 62%.
Net income was $58 million, up $16 million year over year; LTM adjusted EBITDA rose 10% to $1.4 billion.
Estimated remaining collections reached a record $8.9 billion, up 7% year over year; Europe ERC rose $349 million following a portfolio review.
Portfolio purchases totaled $297 million; net leverage fell to 2.67x from 2.81x a year earlier.
Liquidity was $998 million; share repurchases were $10 million in Q2, with a new authorization of up to $150 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PRA Group Inc. published the original content used to generate this news brief on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PRA Group posts investor presentation on acquiring and collecting nonperforming loans

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