PRA Group, Inc. (PRAA)

PRA Group reported its Third Quarter 2025 results with a significant non-cash goodwill impairment charge but also a year-over-year increase in total cash collections. The company announced the pricing of Senior Notes due 2032 and participated in investor events. PRA Group announced the opening of a new Uptown Charlotte office. The Fourth Quarter and Full Year 2025 results showed cash collections growth and portfolio purchases, but also highlighted the net loss attributable to the goodwill impairment. PRA Group presented at the Raymond James conference and partnered with StepChange Debt Charity. The stock experienced a 52-week low and has since risen.

Demand seasonality for PRA Group's products and services is influenced by seasonal employment trends, income tax refunds, and holiday spending habits. Collection rates and the availability of new nonperforming loan portfolios for purchase may fluctuate throughout the year based on these consumer financial cycles.

PRA Group, Inc. is a global financial and business services company that specializes in the purchase, collection, and management of nonperforming loan portfolios, operating within the Financial Services sector, specifically the Credit Services industry. The company acquires charged-off debts and provides fee-based services, including class action claims recoveries, vehicle location, skip tracing, collateral recovery, and servicing consumer bankruptcy accounts.

PRA Group, Inc. is headquartered in Norfolk, Virginia, and has a significant global presence with portfolio operations spanning 18 countries across the Americas, Europe, and Australia. Approximately 71% of its workforce is located in the Americas and Australia, with the remaining 29% in Europe.

PRA Group was honored in CoVaBIZ Magazine's Best of Business Awards and recognized as a Social Responsibility Champion. However, a Forbes article highlighted a decrease in PRA Group's timely responses to consumer complaints filed with the Consumer Financial Protection Bureau (CFPB).

PRA Group, Inc. is predominantly owned by institutional shareholders, who hold approximately 96.72% of the company's stock. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and T. Rowe Price Investment Management, Inc. Individual investors and public companies hold a smaller percentage, with insiders owning about 7.94% of the shares. Steven D. Fredrickson is the largest individual shareholder.