Encore Capital Group, Inc.
NASDAQ Global SelectCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Ashish Masih
- Full Time Employees
- 7,350
- Sector
- Financial Services
- Industry
- Financial - Credit Services
- Address
- 350 Camino De La Reina San Diego CA United States of America 92108
- IPO Date
- Jul 9, 1999
- CIK
- 0001084961
- Website
- encorecapital.com
- Similar Companies
- Business
- Encore Capital Group, Inc. is an international specialty finance company engaged in consumer debt buying and recovery. The company purchases portfolios of defaulted consumer receivables from banks, credit unions, and utility providers, and provides debt recovery solutions, debt servicing, and portfolio management services including early-stage collections, business process outsourcing, and contingent collections primarily for consumer accounts, with some services for business-to-business accounts. Encore operates globally with subsidiaries across North America, Europe, Asia, and Latin America, focusing on helping individuals repay their obligations and achieve financial recovery. The company was founded in 1999 and is headquartered in San Diego, California. Latest major developments include significant growth in global portfolio purchases, which increased by 26% to a record $1.35 billion in 2024, driven primarily by its U.S. Market Collection Management (MCM) business, which raised U.S. portfolio purchases by 23% to $1 billion and increased collections by 20%. In Europe and the U.K., the Cabot Credit Management subsidiary saw portfolio purchases increase by 36%, accompanied by a major restructuring effort aimed at resolving longstanding operational challenges. Encore continues to develop an omni-channel collections approach integrating various consumer-facing resources to improve efficiency. The company also maintains a flexible funding structure to target capital deployment toward geographies with the highest returns. It remains focused on expanding portfolio purchases and collections growth in 2025, projecting a 11% increase in global collections to $2.4 billion. Additionally, Encore issued $1 billion in senior secured notes in 2024 to support its growth initiatives. Encore Capital Group operates primarily in the specialty finance and debt recovery industry segments, serving financial institutions, utility providers, and individual consumers across multiple regions worldwide. The company leverages data analytics and operational scale to optimize collections while adhering to regulatory compliance and customer service standards.
Company News
Encore Capital Group Has Doubled—But Its Best Tailwind Won't Last Forever
Hsbc Holdings PLC Acquires 13,089 Shares of Encore Capital Group Inc $ECPG
2 Consumer Loan Stocks to Buy on Favorable Industry Dynamics
Why Is Encore Capital Group (ECPG) Down 1% Since Last Earnings Report?
Encore Capital Group (NASDAQ:ECPG) vs. Katapult (NASDAQ:KPLT) Head-To-Head Review
Robert W. Beck Appointed to Encore Capital Group Board of Directors
Empowered Funds LLC Grows Stock Holdings in Encore Capital Group Inc $ECPG
Assenagon Asset Management S.A. Grows Position in Encore Capital Group Inc $ECPG
Can Encore Capital's Raised 2026 Outlook Drive More Earnings Growth?
Is ECPG a Buy Now as Cheap Valuation Meets Rising Earnings Momentum?
ECPG Rises 16.3% in 3 Months Amid Record Collections and Higher EPS
Encore Capital Group Inc (NASDAQ:ECPG) Receives $89.75 Consensus Target Price from Analysts
All You Need to Know About Encore Capital Group (ECPG) Rating Upgrade to Strong Buy
Are Investors Undervaluing Encore Capital Group (ECPG) Right Now?
ECPG Q2 Earnings Miss Despite Y/Y Revenue Growth & Record Collections
Encore Capital Group, Inc. (ECPG) Q2 2026 Earnings Call Transcript
Encore Capital Group (ECPG) Lags Q2 Earnings Estimates
Encore Capital Group Q2 Earnings Call Highlights
Encore Capital Group Announces Second Quarter 2026 Financial Results
Encore Capital Group Inc $ECPG Position Raised by Arrowstreet Capital Limited Partnership