---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-315025"
form_type: "8-K"
ticker: "ENVA"
cik: "0001529864"
company_name: "Enova International, Inc."
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:29:47.331646+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Enova to acquire Grasshopper Bancorp for ~$369M in cash/stock; close expected 2H 2026

## Summary
- Deal values Grasshopper at ~$369M; consideration is 50% cash, 50% Enova stock at $9.69 per share.
- Grasshopper holds $1.4B assets and ~$3B deposits (Sept 30, 2025); offers digital banking and BaaS.
- Transaction expected to generate >15% adjusted EPS accretion for Enova; enhances balance sheet flexibility.
- Requires Grasshopper shareholder approval, OCC and Federal Reserve approvals; voting agreements cover 56.3% of shares.
- Combined entity to offer broader lending and deposit products under national bank charter; Grasshopper CEO to become president of surviving bank.

## SEC filing metadata
- accession: 0001193125-25-315025
- form_type: 8-K
- ticker: ENVA
- cik: 0001529864
- company_name: Enova International, Inc.
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529864/000119312525315025/0001193125-25-315025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529864/000119312525315025/enva-20251210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-315025
- JSON: https://secwatch.observer/filing/0001193125-25-315025.json
- Plain text: https://secwatch.observer/filing/0001193125-25-315025.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.