PRA Group Inc Stock News

NORFOLK, Va., Sept. 9, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has named Adrian Murphy as its global chief data and analytics officer, effective Sept.

NORFOLK, Va., Aug. 15, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global financial services company, is proud to announce Elizabeth Kersey, senior vice president of communications and public policy, was named the winner of a Silver Stevie® Award in the Communications, Investor Relations or PR Executive of the Year category in the 21st Annual International Business Awards®.

PRA Group is one of the few countercyclical stocks out there, proven in the 2007-2009 recession. The stock struggled recently with losses in 2023 due to poor pricing on its purchases of charged-off loans from 2020 to 2022. Pricing is now much improved due to a surge in charge-offs and higher balances for credit cards and other unsecured consumer loans.

PRA Group, Inc. (NASDAQ:PRAA ) Q2 2024 Earnings Conference Call August 5, 2024 5:00 PM ET Company Participants Najim Mostamand - Vice President, Investor Relations Vikram Atal - President and Chief Executive Officer Rakesh Sehgal - Executive Vice President and Chief Financial Officer Conference Call Participants David Scharf - Citizens JMP Mark Hughes - Truist Sean-Paul Adams - Raymond James Op...

Executing Successful Turnaround in U.S. Business NORFOLK, Va. , Aug. 5, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2024 ("Q2 2024").

NORFOLK, Va., July 16, 2024 /PRNewswire/ -- Today, PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, celebrates 10 years since acquiring Aktiv Kapital AS, a business that had been prominent in the same industry throughout Europe and Canada.

NORFOLK, Va., July 15, 2024 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2024 results after market close on Monday, August 5, 2024, followed by a webcast and conference call at 5 p.m.

PRA Group allowed inefficiencies and operational issues in collections, purchasing, and overall operations to accumulate, driving terrible results in 2023 and a change in management. New management has moved quickly to make changes to improve operational efficiency and collections performance, leading to positive results in portfolio income and cash collections. Improving the portfolio will tak...