PRA Investorroom
Press Releases
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May 31, 2023
PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the William Blair 43rd Annual Growth Stock...
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May 8, 2023
PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2023 ("Q1 2023"). Q1...
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Apr 21, 2023
PRA Group employees construct oyster cages to revitalize a native, pollutant-filtering population NORFOLK, Va., April 21, 2023 /PRNewswire/ -- Global financial services company PRA Group, Inc....
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Apr 17, 2023
James brings 30 years of industry experience, with the most recent 10 years at PRA Group. NORFOLK, Va., April 17, 2023 /PRNewswire/ -- PRA Group, Inc. (NASDAQ: PRAA) (the "Company), a global...
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Apr 17, 2023
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2023 results after market close on Monday, May 8, 2023, followed by a...
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Mar 27, 2023
PRA Group, Inc. (NASDAQ: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that its board of directors has elected longtime board member Vikram (Vik) Atal as...
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Mar 23, 2023
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and servicing nonperforming loans, announced today that its subsidiary, Portfolio Recovery Associates, LLC (PRA), has reached an...
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Feb 27, 2023
PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter ("Q4 2022") and full...
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Feb 6, 2023
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2022 results after market close on Monday, February...
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Jan 24, 2023
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today the pricing on January 23, 2023 of its offering of $400.0 million aggregate...
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Jan 23, 2023
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other conditions, to offer $350.0 million...
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Nov 28, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on November 23, 2022, it completed the refinancing of its $750 million...
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Nov 8, 2022
Nasdaq Held Closing Bell Ceremony Dedicated to PRA Group Yesterday at 4:00 p.m. E.T. in New York's Times Square NORFOLK, Va., Nov. 8, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global...
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Nov 3, 2022
PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2022 ("Q3 2022"). Q3...
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Oct 26, 2022
The Elizabeth River Trail Foundation is celebrating the completion of The Glowline, a path embedded with glow-in-the-dark stones from the Canadian company Ambient Glow Technology. The Glowline is...
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Oct 13, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2022 results after market close on Thursday, November 3, 2022,...
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Oct 11, 2022
Today Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), delivered the keynote address at the Virginia Chamber of Commerce's 2022 Virginia Education and Workforce Conference in...
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Sep 14, 2022
PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans ("NPLs"), today published a new investor presentation, which provides an overview of...
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Sep 1, 2022
PRA Group's Kevin Stevenson honored for third consecutive year as Virginia leader NORFOLK, Va., Sept. 1, 2022 /PRNewswire/ -- Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA),...
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Aug 22, 2022
Global company's management team receives premier workplace recognition NORFOLK, Va., Aug. 22, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting...
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Aug 8, 2022
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 2022 ("Q2 2022"). Q2...
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Aug 5, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global financial services company, has named LaTisha Tarrant as Chief Human Resources Officer (CHRO), effective Aug. 15. Tarrant brings more than 20 years of...
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Jul 28, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global financial services company, today welcomes Giovanna Genard as vice president of external affairs and marketing leader. Genard will develop and oversee PRA...
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Jul 20, 2022
PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today announced the appointment of Najim Mostamand, CFA, as vice president of...
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Jul 18, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2022 results after market close on Monday, August 8, 2022, followed...
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Jun 13, 2022
Nonperforming Loan Purchaser Recognized for COVID-19 Response and CSR Achievements NORFOLK, Va., June 13, 2022 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and...
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Jun 6, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced it will partner with Truist to offer U.S. employees a financial wellness program to...
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May 31, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the William Blair 42nd Annual Growth Stock Conference on...
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May 31, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, is pleased to announce it has partnered with America's VetDogs, a national nonprofit that trains...
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May 20, 2022
Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, was recognized for his proven track record of outstanding...
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May 16, 2022
Mental Health Awareness Month was designated in the U.S. to nationally decrease the stigma surrounding mental health and encourage open conversation to prevent suicides, violence, depression and...
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May 11, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the promotion of Jan Husby to the position of Chief Information Officer (CIO) of...
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May 9, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2022. The Company reported net income...
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May 5, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Rakesh Sehgal will join the company as Senior Vice President and Head of...
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Apr 18, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2022 results after market close on Monday, May 9, 2022, followed by a...
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Apr 4, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on April 1, 2022, it completed the refinancing of its European credit...
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Mar 30, 2022
Nonperforming Loans Purchaser Announces First of Three Employee Resource Groups to Begin This Year NORFOLK, Va., March 30, 2022 /PRNewswire/ -- This Women's History Month, PRA Group, Inc. (Nasdaq:...
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Feb 28, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter and full year of 2021. Net income...
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Feb 7, 2022
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2021 results after market close on Monday, February...
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Feb 4, 2022PRA Group Employee Shares Her Connection with the Pediatric Cancer Center
In the spring of 2019, PRA Group Bankruptcy Counsel Tiffanie Fittes and her family were preparing for their eldest daughter Mackenzie's high school graduation when they noticed a bulge near her...
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Dec 15, 2021Global Company Invites Employees to Choose Nonprofit Beneficiaries
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, is adding $250,000 to its annual charitable giving budget in honor of its 25th anniversary year....
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Nov 12, 2021PRA Group's UK operations commit to 15 years in Kilmarnock community
The HALO Urban Regeneration has announced PRA Group, Inc. (Nasdaq: PRAA), a global leader in the nonperforming loan industry, as the anchor tenant of Kilmarnock's HALO Enterprise and Innovation...
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Nov 8, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2021. The Company reported net income...
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Nov 1, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that its Board of Directors has authorized an increase of $80 million to its...
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Oct 19, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2021 results after market close on Monday, November 8, 2021, followed...
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Sep 17, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its offering of $350.0 million aggregate principal amount of 5.00%...
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Sep 15, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other conditions, to offer $300.0 million...
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Aug 5, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2021. The Company reported net...
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Aug 2, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that it amended and extended its North American Credit Agreement on July 30, 2021....
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Jul 29, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that its Board of Directors has authorized a new share repurchase program in which...
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Jul 15, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2021 results after market close on Thursday, August 5, 2021,...
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Jun 14, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that Peggy Turner was appointed to the Company's Board of Directors effective June...
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May 27, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the William Blair 41st Annual Growth Stock Conference on...
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May 10, 2021
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the opening of a new office and call center in Brisbane, Australia. The new site will...
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May 6, 2021
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2021. The Company reported net income...
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Apr 15, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2021 results after market close on Thursday, May 6, 2021, followed by...
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Mar 31, 2021
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, celebrated the 25th anniversary of its founding by hosting a global virtual event for its employees to...
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Feb 26, 2021
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the Raymond James Virtual 42nd Annual Institutional Investors...
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Feb 25, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter and full year of 2020. Net income...
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Feb 24, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Penelope W. Kyle is retiring from the Company's Board of Directors. Ms. Kyle,...
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Feb 4, 2021
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2020 results after market close on Thursday, Feb. 25,...
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Nov 23, 2020
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will present to investors at the Bank of America Securities 2020 Leveraged Finance Virtual Conference on...
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Nov 5, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2020. Net income attributable to PRA...
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Oct 15, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2020 results after market close on Thursday, Nov. 5, 2020, followed...
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Oct 14, 2020$210,000 donation to support financial literacy programming for students across West Virginia
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced a $210,000 donation to advance financial literacy efforts at West Virginia...
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Sep 1, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that it extended and amended its North American credit facility on August 26, 2020....
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Aug 13, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its previously announced offering of $300.0 million aggregate...
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Aug 11, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that it plans, subject to market and other conditions, to offer $300.0 million...
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Aug 6, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2020. Net income attributable to PRA...
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Jul 17, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2020 results after market close on Thursday, Aug. 6, 2020, followed...
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Jul 1, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that Brett Paschke was appointed to the Company's Board of Directors effective July...
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Jun 16, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Geir Olsen resigned from the board of directors effective June 14, 2020 in...
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Jun 9, 2020The Company Will Present at the William Blair 40th Annual Growth Stock Conference on June 10th
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, provided an update on cash collections for the month of May and portfolio purchasing. Cash collections...
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May 26, 2020PRA Group Honored As Silver and Bronze Level Stevie® Award Winners in 2020 American Business Awards®The Company was recognized for its industry success and charitable giving
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, won a Silver and a Bronze level Stevie® Award in The 18th Annual American Business Awards®. PRA...
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May 7, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2020. Net income attributable to PRA...
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May 6, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that on May 6, 2020, it amended its North American credit facility. The amendment...
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Apr 17, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2020 results after market close on Thursday, May 7, 2020, followed by...
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Mar 31, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that on March 27, 2020 it amended and expanded its European credit facility,...
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Mar 2, 2020
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the Raymond James 41st Annual Institutional Investors Conference on...
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Feb 27, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the transition of co-founder Steve Fredrickson from Executive Chairman to...
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Feb 27, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter and full year of 2019. Net income...
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Feb 6, 2020
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2019 results after market close on Thursday, February...
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Nov 11, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that its subsidiary, Portfolio Recovery Associates, LLC, reached a settlement with...
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Nov 7, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2019. Net income attributable to PRA...
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Oct 17, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2019 results after market close on Thursday, November 7, 2019,...
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Aug 8, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the second quarter of 2019. Net income attributable to PRA...
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Jul 18, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2019 results after market close on Thursday, August 8, 2019,...
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Jun 6, 2019
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the William Blair 39th Annual Growth Stock Conference on Thursday,...
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May 9, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2019. Net income attributable to PRA...
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Apr 18, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its first quarter 2019 results after market close on Thursday, May 9, 2019, followed by...
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Mar 4, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced the acquisition of the holding company of Resurgent Holdings LLC's Canadian...
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Mar 1, 2019
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will present to investors attending the Raymond James 40th Annual Institutional Investors Conference on...
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Feb 28, 2019
PRA Group (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the fourth quarter and full year of 2018. Net income...
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Feb 7, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its fourth quarter and full year 2018 results after market close on Thursday, February...
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Jan 8, 2019
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, announced today that Danielle Brown was appointed to the Company's Board of Directors effective...
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Dec 20, 2018
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced its plans to open a new call center in Danville, Virginia. "We are excited to open...
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Nov 8, 2018
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2018. Net income attributable to PRA...
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Oct 30, 2018
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that the company and its employees have donated over $31,000 to the American Red...
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Oct 23, 2018
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its third quarter 2018 results after market close on Thursday, November 8, 2018,...
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Oct 8, 2018
PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that on October 4, 2018 it amended and expanded its North American credit facility,...