PRA Group Q2 FY26 net income rises 37% to $58 million
PUBT · 1d ago
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- PRA Group posted Q2 2026 net income of USD 58 million, with diluted EPS of USD 1.51.
- Total cash collections rose 4% to USD 559 million, while estimated remaining collections climbed 7% to USD 8.9 billion.
- Adjusted EBITDA for the 12 months ended June 30, 2026 increased 10% to USD 1.4 billion.
- Changes in expected recoveries rose to USD 97 million from USD 33 million, driven by a USD 349 million increase in European ERC.
- Repurchased USD 10 million of shares; the board authorized a new share repurchase program of up to USD 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 via PR Newswire (Ref. ID: PH20901) on August 06, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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