AG真人官方

Encore Capital Group Announces Second Quarter 2025 Financial Results

• Favorable purchasing conditions continue in U.S. market
• Global portfolio purchases up 32% to $367 million, including record $317 million in U.S.
• Global collections up 20% to record $655 million, including record $490 million in U.S.
• Estimated remaining collections (ERC) up 12% to record $9.4 billion
• Earnings per share of $2.49
  

SAN DIEGO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the second quarter ended June听30, 2025.

鈥淓ncore delivered another quarter of strong performance in Q2, which is reflected in our financial metrics across the board,鈥� said Ashish Masih, President and Chief Executive Officer. 鈥淧ortfolio purchases of $367 million were up 32% compared to the second quarter last year and record collections of $655 million were up 20%. This unprecedented collections performance helped earnings increase sharply, with second quarter earnings per share of $2.49 up 86% compared to the $1.34 per share we delivered a year ago.鈥�

鈥淥ur MCM business in the U.S. continues to deliver very strong results. Capitalizing on the ongoing favorable supply environment, MCM portfolio purchases in the second quarter were a record $317 million, up 34% compared to the year ago quarter, at very attractive returns. MCM also delivered record collections of $490 million in the second quarter, up 24% compared to Q2 a year ago, driven by superior execution.鈥�

鈥淥ur Cabot business in Europe delivered a solid second quarter. Portfolio purchases of $50 million were in line with Cabot鈥檚 historical trend and collections of $164 million were up 10% compared to the second quarter last year.鈥�

鈥淎s a result of our strong first half of 2025 and our continued investment and operational execution, we are raising our global collections guidance and now expect our full-year collections to be approximately $2.5 billion, reflecting year-over-year growth of 15.5%. This higher collections guidance is an increase over our prior expectation of 11% growth to $2.4 billion. Our guidance for global portfolio purchasing remains unchanged. We still anticipate our global portfolio purchasing this year will exceed the $1.35 billion of purchases we made in 2024 as MCM is poised to surpass their record level of purchasing of a year ago. As always, we remain committed to the critical role we play in the consumer credit ecosystem and to helping consumers restore their financial health,鈥� said Masih.

In the second quarter, the company repurchased $15 million of its shares of common stock, bringing the total to $25 million for the first half of the year.

Financial Highlights for the Second Quarter of 2025:

______________________

Conference Call and Webcast

Encore will host a conference call and slide presentation today, August听6, 2025, at 2:00 p.m. Pacific / 5:00 p.m. Eastern time, to present and discuss second quarter results.

Members of the public are invited to access the live webcast via the Internet by logging in on the Investor Relations page of Encore's website at . To access the live conference call by telephone, please pre-register using this . Registrants will receive confirmation with dial-in details.

For those who cannot listen to the live broadcast, a replay of the webcast will be available on the Company's website shortly after the call concludes.

Non-GAAP Financial Measures

This news release includes certain financial measures that exclude the impact of certain items and therefore have not been calculated in accordance with U.S. generally accepted accounting principles (鈥淕AAP鈥�). The Company has included information concerning adjusted EBITDA because management utilizes this information in the evaluation of its operations and believes that this measure is a useful indicator of the Company鈥檚 ability to generate cash collections in excess of operating expenses through the liquidation of its receivable portfolios. Adjusted EBITDA has not been prepared in accordance with GAAP and should not be considered as an alternative to, or more meaningful than, net income and net income per share as indicators of the Company鈥檚 operating performance. Further, this non-GAAP financial measure, as presented by the Company, may not be comparable to similarly titled measures reported by other companies. A reconciliation of Adjusted EBITDA to its most directly comparable GAAP financial measure is below.

About Encore Capital Group, Inc.

Encore Capital Group is an international specialty finance company that provides debt recovery solutions and other related services for consumers across a broad range of financial assets. Through its subsidiaries around the globe, Encore purchases portfolios of consumer receivables from major banks, credit unions, and utility providers.

Encore partners with individuals as they repay their debt obligations, helping them on the road to financial recovery and ultimately improving their economic well-being. Encore is the first and only company of its kind to operate with a听Consumer Bill of Rights听that provides industry-leading commitments to consumers. Headquartered in San Diego, Encore is a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock of the Russell 2000, the S&P Small Cap 600 and the Wilshire 4500. More information about the company can be found at听.

Forward Looking Statements

The statements in this press release that are not historical facts, including, most importantly, those statements preceded by, or that include, the words 鈥渨ill,鈥� 鈥渕ay,鈥� 鈥渂elieve,鈥� 鈥減rojects,鈥� 鈥渆xpects,鈥� 鈥渁nticipates鈥� or the negation thereof, or similar expressions, constitute 鈥渇orward-looking statements鈥� within the meaning of the Private Securities Litigation Reform Act of 1995 (the 鈥淩eform Act鈥�). These statements may include, but are not limited to, statements regarding our future operating results (including purchases and collections), performance, supply and pricing, liquidity, business plans or prospects. For all 鈥渇orward-looking statements,鈥� the Company claims the protection of the safe harbor for forward-looking statements contained in the Reform Act. Such forward-looking statements involve risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company and its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors are discussed in the reports filed by the Company with the Securities and Exchange Commission, including the most recent report on Form 10-K, as it may be amended from time to time. The Company disclaims any intent or obligation to update these forward-looking statements.

Contact:

Bruce Thomas
Encore Capital Group, Inc.
Vice President, Global Investor Relations

SOURCE: Encore Capital Group, Inc.

FINANCIAL TABLES FOLLOW

The following table presents certain assets and liabilities of consolidated variable interest entities (鈥淰IEs鈥�) included in the condensed consolidated statements of financial condition above. Most assets in the table below include those assets that can only be used to settle obligations of consolidated VIEs. The liabilities exclude amounts where creditors or beneficial interest holders have recourse to the general credit of the Company.

Adjusted EBITDA

________________________