Earnings
Enova CEO Says Dropped Bank Bid Hasn't Diminished Growth, Eyes Buybacks At 'These Valuation Levels'
October buybacks have already matched the third quarter's $46 million pace, and $252 million of covenant-limited capacity remains.
ENVA
Enova International (ENVA) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
Enova's Marketing Bill Jumps 56% To $229.7 Million As Delinquencies Hit 8.0%
The lender's third-quarter expenses grew 39.1% against 25.7% revenue growth, while cheaper securitized funding took the edge off higher interest costs.
SEC Filings
Enova Hits $1 Billion In Quarterly Revenue For The First Time, And Profit Climbs 34%
The online lender grew originations 31% while its net charge-off ratio fell to 8.1%, and long-term debt rose to $5.4 billion.
Deals
Enova Pays Grasshopper $4,000,000 To Cancel Planned Bank Merger, 8-K Says
Both sides signed a mutual termination and release, and neither owes the other any other fees or liabilities under the merger agreement.
SEC Filings
Enova Unit Resets Jefferies Financing: $200 Million Commitment, SOFR Plus 4.00%, Revolving Period To October 2028
An 8-K shows the NetCredit 2022 facility now matures October 15, 2030, with a 90% funding rate.