Enova International Inc (ENVA)

Enova International's stock has experienced significant growth, rising by 82.64% over the past year as of May 1, 2026. The company reported a 17% year-over-year increase in total revenue to $875 million in Q1 2026, with diluted EPS rising 29% to $3.46. Originations also increased by 33% year-over-year to nearly $2.3 billion. In Q4 2025, total revenue increased 15% to $839 million, and diluted EPS increased 30% to $3.00. A significant upcoming event is the planned acquisition of Grasshopper Bank, expected to close in the second half of 2026. The company has also engaged in share repurchases, including $35 million in Q4 2025 and $16 million in Q1 2026.

Enova International's products and services exhibit some demand seasonality, particularly in its consumer lending segment, with net charge-off ratios typically rising sequentially in the third quarter. Marketing efforts are adjusted to meet demand. Small business demand appears to be consistently strong, with small business originations showing continuous year-over-year growth of 20% or more for eight consecutive quarters as of Q4 2025.

Enova International, Inc. is a financial technology company providing online financial services to underserved consumers and small businesses. It offers consumer and small business installment loans and lines of credit, a Credit Services Organization (CSO) program, and bank programs, marketed under brand names like CashNetUSA, NetCredit, OnDeck, Headway Capital, and Simplic. Enova also operates Pangea, a money transfer platform.

Enova International, Inc. offers or arranges loans and lines of credit to consumers in 37 to 39 states in the United States and in Brazil. For small businesses, it provides financing in 49 to 50 states and Washington D.C. in the United States. The majority of its revenue is generated from its business in the United States. Enova is headquartered in Chicago, Illinois, with additional offices in Cincinnati, Denver, and New York.

Enova International emphasizes its commitment to responsible lending and industry compliance. The company is a member of leading financial services trade associations, including the Online Lenders Alliance (OLA) and the Innovative Lending Platform Association (ILPA) in the U.S., and Associação Brasileira de Crédito Digital (ABCD) in Brazil. In November 2023, the CFPB issued an order addressing violations of the Consumer Financial Protection Act of 2010 (CFPA), but as of September 2, 2025, the CFPB terminated this order, waiving any alleged non-compliance, indicating that Enova had fulfilled its obligations.

Enova International, Inc. has a diverse ownership structure, with institutional investors holding approximately 54.65% of the company's stock, insiders owning about 5.52%, and public companies and individual investors holding around 39.83%. As of May 1, 2026, Enova International, Inc. had 398 institutional owners and shareholders. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Dimensional Fund Advisors Lp, State Street Corp, Price T Rowe Associates Inc /md/, Invesco Ltd., Renaissance Technologies Llc, Geode Capital Management, Llc, Franklin Resources Inc and Goldman Sachs Group Inc.