ENCORE CAPITAL GROUP INC: Amendment to Amended and Restated Certificate of Incorporation to provide for exculpation of officers from liability (effective 2026-06-12).
“At the Annual Meeting, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for the exculpation of officers of the Company from liability, as permitted by the Delaware General Corporation Law. On June 12, 2026, the Company filed a certificate of amendment with the Secretary of State of the State of Delaware, which became effective upon filing.”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders voted on Non-binding vote to recommend the frequency of future non-binding stockholder votes to approve the compensation of the Company’s named executive officers. at the 2026-06-12 meeting.
“The sixth proposal was to recommend, in a non-binding vote, the frequency of future non-binding stockholder votes to approve the compensation of the Company’s named executive officers. In a non- binding vote, the Company’s stockholders recommended a non-binding vote to approve the compensation of the Company’s named executive officers every year, with the following votes tabulated: One Year Two Years Three Years Abstain Broker Non-Vote 17,429,161 12,878 908,853 9,259 1,020,746”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Approve and adopt an amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for exculpation of officers. at the 2026-06-12 meeting.
“The fifth proposal was to approve and adopt an amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for exculpation of officers. The amendment to the Company’s Amended and Restated Certificate of Incorporation to provide for exculpation of officers was approved, with the following votes tabulated: For Against Abstain Broker Non-Vote 16,593,440 1,758,739 7,972 1,020,746”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Approve the Amended and Restated Encore Capital Group, Inc. 2017 Incentive Award Plan. at the 2026-06-12 meeting.
“The fourth proposal was to approve the Amended and Restated Encore Capital Group, Inc. 2017 Incentive Award Plan. The Amended and Restated Encore Capital Group, Inc. 2017 Incentive Award Plan was approved, with the following votes tabulated: For Against Abstain Broker Non-Vote 17,191,591 1,159,793 8,767 1,020,746”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Ratification of the appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-12 meeting.
“The third proposal was the ratification of the appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The appointment of BDO USA, P.C. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified, with the following votes tabulated: For Against Abstain Broker Non-Vote 18,999,367 369,506 12,024 —”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Non-binding vote to approve the compensation of the Company’s named executive officers. at the 2026-06-12 meeting.
“The second proposal was a non-binding vote to approve the compensation of the Company’s named executive officers. In a non-binding vote, the compensation of the Company’s named executive officers was approved, with the following votes tabulated: For Against Abstain Broker Non-Vote 17,997,698 313,483 48,970 1,020,746”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Election of eight directors: Michael P. Monaco, William C. Goings, Ashwini (Ash) Gupta, Jeffrey A. Hilzinger, Angela A. Knight, Laura Newman Olle, Richard P. Stovsky and Ashish Masih at the 2026-06-12 meeting.
“The first proposal was for the election of the following eight directors: Michael P. Monaco, William C. Goings, Ashwini (Ash) Gupta, Jeffrey A. Hilzinger, Angela A. Knight, Laura Newman Olle, Richard P. Stovsky and Ashish Masih. All eight directors were elected, with the following votes tabulated: For Withhold Broker Non-Votes Michael P. Monaco 18,044,582 315,569 1,020,746 William C. Goings 16,654,942 1,705,209 1,020,746 Ashwini (Ash) Gupta 18,153,822 206,329 1,020,746 Jeffrey A. Hilzinger 17,847,500 512,651 1,020,746 Angela A. Knight 18,002,444 357,707 1,020,746 Laura Newman Olle 18,013,725 346,426 1,020,746 Richard P. Stovsky 18,287,014 73,137 1,020,746 Ashish Masih 18,248,642 111,509 1,020,746”
Material Agreements
ENCORE CAPITAL GROUP INC entered into Indenture with GLAS Trust Company LLC and Truist Bank valued at €325.0 million aggregate principal amount (effective 2026-05-28).
“On May 28, 2026 , Encore Capital Group, Inc. (the “Company”) issued €325.0 million aggregate principal amount of senior secured floating rate notes due 2033 (the “Notes”) pursuant to an indenture (the “Indenture”) between, among others, the Company, certain subsidiaries of the Company as guarantors, GLAS Trust Company LLC as trustee and Truist Bank as security agent.”
Debt Financings
ENCORE CAPITAL GROUP INC incurred senior notes of €325.0 million aggregate principal amount with GLAS Trust Company LLC at three-month EURIBOR (subject to a 0% floor) plus 3.250% per annum maturing July 15, 2033.
“On May 28, 2026, Encore Capital Group, Inc. (the “Company”) issued €325.0 million aggregate principal amount of senior secured floating rate notes due 2033 (the “Notes”) pursuant to an indenture”
Material Agreements
ENCORE CAPITAL GROUP INC entered into Indenture with GLAS Trust Company LLC, Truist Bank valued at $750.0 million (effective 2026-05-22).
“On May 22, 2026 , Encore Capital Group, Inc. (the “ Company ”) issued $750.0 million aggregate principal amount of 6.625% senior secured notes due 2032 (the “ Notes ”) pursuant to an indenture (the “Indenture”) between, among others, the Company, certain subsidiaries of the Company as guarantors, GLAS Trust Company LLC as trustee and Truist Bank as security agent.”
Earnings Releases
ENCORE CAPITAL GROUP INC reported full-year 2026 results: EPS $13.00. Guidance raised.
“we are raising our earnings guidance and now expect our earnings per share in 2026 to increase 19% to $13.00.”
Earnings Releases
ENCORE CAPITAL GROUP INC reported first quarter ended March 31, 2026 results: EPS $3.86. Guidance raised.
“Earnings per share of $3.86 SAN DIEGO, May 6, 2026 -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the first quarter ended March 31, 2026.”
Governance Changes
ENCORE CAPITAL GROUP INC: Amended and restated bylaws to enhance disclosure requirements for stockholder nominations, remote attendance, and other technical changes, effective March 18, 2026 (effective 2026-03-18).
“On March 18, 2026, the Board of Directors (the “Board”) of Company, acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, approved and adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective the same day.”
Debt Financings
ENCORE CAPITAL GROUP INC incurred senior notes of $500.0 million with GLAS Trust Company LLC as trustee and Truist Bank as security agent at 6.625% per annum maturing April 15, 2031.
“On October 1, 2025, Encore Capital Group, Inc. (the “Company”) issued $500.0 million aggregate principal amount of 6.625% senior secured notes due 2031”
Jonathan Clark changed role as Senior Advisor at ENCORE CAPITAL GROUP INC.
“Mr. Clark will serve as a senior advisor to the Company providing services as requested by the Company for up to 30 hours each month for a 24-month period beginning on April 1, 2025.”
Tomas Hernanz was appointed as Executive Vice President, Chief Financial Officer and Treasurer at ENCORE CAPITAL GROUP INC.
“the board of directors (the “Board”) of Encore Capital Group, Inc. (the “Company”) appointed Tomas Hernanz to succeed Jonathan Clark as Executive Vice President, Chief Financial Officer and Treasurer of the Company, effective April 1, 2025.”
Tomas Hernanz was appointed as Executive Vice President, Chief Financial Officer and Treasurer at ENCORE CAPITAL GROUP INC.
“The Company intends to appoint Mr. Tomas Hernanz as the Executive Vice President, Chief Financial Officer and Treasurer of Encore upon Mr. Clark’s retirement.”
Jonathan Clark departed as Executive Vice President, Chief Financial Officer and Treasurer at ENCORE CAPITAL GROUP INC.
“On August 7, 2024, Jonathan Clark, Executive Vice President, Chief Financial Officer and Treasurer, notified Encore of his decision to retire from Encore, effective March 31, 2025.”
Earnings Releases
ENCORE CAPITAL GROUP INC reported the quarter ended March 31, 2024 results: revenue $ 328,386, net income $ 23,239, EPS $ 0.95. Guidance reaffirmed.
ENCORE CAPITAL GROUP INC incurred senior notes of $500.0 million aggregate principal amount with GLAS Trust Company LLC as trustee and Truist Bank as security agent at 9.250% per annum maturing April 1, 2029.
“On March 20, 2024, Encore Capital Group, Inc. (the “ Company ”) issued $500.0 million aggregate principal amount of 9.250% senior secured notes due 2029 (the “ Notes ”) pursuant to an indenture (the “Indenture”) between, among others, the Company, certain subsidiaries of the Company as guarantors, GLAS Trust Company LLC as trustee and Truist Bank as security agent.”
Material Agreements
ENCORE CAPITAL GROUP INC entered into Indenture with GLAS Trust Company LLC as trustee and Truist Bank as security agent valued at $500.0 million aggregate principal amount (effective 2024-03-20).
“On March 20, 2024 , Encore Capital Group, Inc. (the “ Company ”) issued $500.0 million aggregate principal amount of 9.250% senior secured notes due 2029 (the “ Notes ”) pursuant to an indenture (the “Indenture”) between, among others, the Company, certain subsidiaries of the Company as guarantors, GLAS Trust Company LLC as trustee and Truist Bank as security agent.”
Earnings Releases
ENCORE CAPITAL GROUP INC reported financial results for the quarter and full fiscal year ended December 31, 2023.
“On February 21, 2024, Encore Capital Group, Inc. ("Encore") issued a press release announcing its financial results for the quarter and full fiscal year ended December 31, 2023.”
Earnings Releases
ENCORE CAPITAL GROUP INC reported the third quarter ended September 30, 2023 results: revenue $309,619, net income $19,339, EPS $0.79.
ENCORE CAPITAL GROUP INC reported second quarter ended June 30, 2023 results: net income $26,305 (in thousands), EPS $1.08.
“On August 2, 2023, Encore Capital Group, Inc. (“Encore”) issued a press release announcing its financial results for the quarter ended June 30, 2023.”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Ratification of the appointment of BDO USA, LLP as the Company's independent registered public accounting firm for fiscal year ending December 31, 2023. at the 2023-06-09 meeting.
“The third proposal was the ratification of the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified, with the following votes tabulated: For Against Abstain 21,381,568 244,036 6,145”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Non-binding vote to approve the compensation of the Company's named executive officers. at the 2023-06-09 meeting.
“The second proposal was a non-binding vote to approve the compensation of the Company’s named executive officers. In a non-binding vote, the compensation of the Company’s named executive officers was approved, with the following votes tabulated: For Against Abstain Broker Non-Vote 19,410,500 715,780 118,987 1,386,482”
Shareholder Votes
ENCORE CAPITAL GROUP INC shareholders approved Election of nine directors: Michael P. Monaco, William C. Goings, Ashwini (Ash) Gupta, Wendy G. Hannam, Jeffrey A. Hilzinger, Angela A. Knight, Laura Newman Olle, Richard P. Stovsky and Ashish Masih at the 2023-06-09 meeting.
“The first proposal was for the election of the following nine directors: Michael P. Monaco, William C. Goings, Ashwini (Ash) Gupta, Wendy G. Hannam, Jeffrey A. Hilzinger, Angela A. Knight, Laura Newman Olle, Richard P. Stovsky and Ashish Masih. All nine directors were elected, with the following votes tabulated: For Against Abstain Broker Non-Votes Michael P. Monaco 20,104,672 133,809 6,786 1,386,482 William C. Goings 20,181,436 57,321 6,510 1,386,482 Ashwini (Ash) Gupta 20,083,584 154,873 6,810 1,386,482 Wendy G. Hannam 20,155,799 82,682 6,786 1,386,482 Jeffrey A. Hilzinger 19,912,280 326,200 6,787 1,386,482 Angela A. Knight 19,322,572 916,186 6,509 1,386,482 Laura Newman Olle 20,152,933 85,825 6,509 1,386,482 Richard P. Stovsky 20,122,722 115,909 6,636 1,386,482 Ashish Masih 20,154,712 83,469 7,086 1,386,482”
Material Agreements
ENCORE CAPITAL GROUP INC amended Amendment Letter with Truist Bank as Agent and Security Agent valued at $40 million (effective 2023-05-11).
“On May 11, 2023, Encore Capital Group, Inc. (the “Company”), entered into an amendment letter (the “Amendment Letter”) that amended its existing global senior secured revolving credit facility (as amended, the “Global Senior Facility”) by and among the Company, the several guarantors, banks and other financial institutions and lenders from time to time party thereto and Truist Bank as Agent and Security Agent to extend the termination date of the facility from September 2026 to September 2027.”
Earnings Releases
ENCORE CAPITAL GROUP INC reported the first quarter ended March 31, 2023 results: revenue $312,630, net income $18,626, EPS $0.75.
“First Quarter of 2023: Three Months Ended March 31, (in thousands, except percentages and earnings per share) 2023 2022 Change Collections $ 462,356 $ 519,414 (11)% Revenues $ 312,630 $ 499,682 (37)% Portfolio purchases (1) $ 276,431 $ 169,505 63% Estimated Remaining Collections (ERC) $ 7,789,980 $ 7,799,940 0% Operating expenses $ 242,492 $ 234,668 3% GAAP net”
Craig Buick was terminated as Chief Executive Officer of Cabot business unit at ENCORE CAPITAL GROUP INC.
“the Company notified Mr. Craig Buick, Chief Executive Officer of the Company’s Cabot business unit, that his employment would terminate on March 28, 2024”
Debt Financings
ENCORE CAPITAL GROUP INC incurred convertible notes of $230.0 million aggregate principal amount with Truist Bank at 4.00% per annum maturing March 15, 2029.
“On March 3, 2023, Encore Capital Group, Inc. (the “Company”) closed its previously announced offering of $230.0 million aggregate principal amount of 4.00% Convertible Senior Notes due 2029 (the “Notes”)”
Material Agreements
ENCORE CAPITAL GROUP INC entered into Indenture with Truist Bank valued at $230.0 million (effective 2023-03-03).
“On March 3, 2023, Encore Capital Group, Inc. (the “Company”) closed its previously announced offering of $230.0 million aggregate principal amount of 4.00% Convertible Senior Notes due 2029 (the “Notes”), which includes $30.0 million aggregate principal amount of Notes issued pursuant to the exercise in full of the over-allotment option as described below. The Notes were issued pursuant to an indenture (the “Indenture”) dated as of March 3, 2023 between the Company and Truist Bank, as trustee (the “Trustee”).”
Material Agreements
ENCORE CAPITAL GROUP INC entered into purchase agreement with certain initial purchasers valued at $200.0 million (effective 2023-02-28).
“On February 28, 2023, the Company entered into a purchase agreement with certain initial purchasers relating to the issuance and sale of $200.0 million of Notes in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).”
Earnings Releases
ENCORE CAPITAL GROUP INC reported the full fiscal year ended December 31, 2022 results: revenue $ 1,398,347, net income $ 194,564, EPS $ 7.46.
“Financial Highlights for the Full Year of 2022: Year Ended December 31, (in thousands, except percentages and earnings per share) 2022 2021 Change Collections $ 1,911,537 $ 2,307,359 (17)% Revenues $ 1,398,347 $ 1,614,499 (13)% Portfolio purchases (1) $ 800,507 $ 664,529 20% Estimated Remaining Collections (ERC) $ 7,555,003 $ 7,749,954 (3)% Operating expenses $ 936,173 $ 981,227 (5)% Effective tax rate 37.4 % 19.5 % +1790bps GAAP net income attributable to Encore $ 194,564 $ 350,782 (45)% GAAP earnings per share $ 7.46 $ 11.26 (34)%”
Earnings Releases
ENCORE CAPITAL GROUP INC reported the fourth quarter ended December 31, 2022 results: revenue $ 233,996, net income $ (73,118), EPS $ (3.11).
“Financial Highlights for the Fourth Quarter of 2022: Three Months Ended December 31, (in thousands, except percentages and earnings per share) 2022 2021 Change Collections $ 436,156 $ 521,781 (16)% Revenues $ 233,996 $ 357,303 (35)% Portfolio purchases (1) $ 225,343 $ 183,435 23% Operating expenses $ 236,301 $ 233,279 1% Effective tax rate (59.3) % 10.6 % N/A GAAP net (loss) income $ (73,118) $ 76,083 (196)% GAAP (loss) income per share $ (3.11) $ 2.53 (223)%”
Governance Changes
ENCORE CAPITAL GROUP INC: Adopted amended and restated bylaws addressing universal proxy rules, stockholder nomination and proposal procedures, special meetings and written consent requirements, and exclusive forum provisions (effective 2022-12-13).
“On December 13, 2022, the Board of Directors (the “Board”) of Encore Capital Group, Inc., a Delaware corporation (the “Company”), acting upon the recommendation of the Nominating and Corporate Governance Committee of the Board, approved and adopted amended and restated bylaws (the “Amended and Restated Bylaws”), which became effective the same day.”
Jonathan Clark was appointed as principal accounting officer at ENCORE CAPITAL GROUP INC.
“Effective immediately following Mr. Reck’s resignation, Jonathan Clark, the Company’s Chief Financial Officer, will assume the role of principal accounting officer.”
Peter Reck resigned as principal accounting officer at ENCORE CAPITAL GROUP INC.
“On December 2, 2022, Mr. Reck informed the Company that he would resign from his position at the Company effective December 30, 2022.”
Earnings Releases
ENCORE CAPITAL GROUP INC reported financial results for Third Quarter 2022.
“Third Quarter 2022 Financial Results Encore Capital Group, Inc. November 2, 2022”
Earnings Releases
ENCORE CAPITAL GROUP INC reported the third quarter ended September 30, 2022 results: revenue $307,752, net income $31,494, EPS $1.22.
“Quarter of 2022: Three Months Ended September 30, (in thousands, except percentages and earnings per share) 2022 2021 Change Collections $ 458,256 $ 566,690 (19)% Revenues $ 307,752 $ 412,624 (25)% Portfolio purchases (1) $ 232,652 $ 168,188 38% Estimated Remaining Collections (ERC) $ 7,312,336 $ 7,879,353 (7)% Operating expenses $ 227,235 $ 245,977 (8)% GAAP”
Jonathan Clark was appointed as principal accounting officer at ENCORE CAPITAL GROUP INC.
“Effective immediately following Mr. Reck’s resignation, Jonathan Clark, the Company’s Chief Financial Officer, will assume the role of principal accounting officer.”
Peter Reck resigned as principal accounting officer at ENCORE CAPITAL GROUP INC.
“On October 4, 2022, Peter Reck, the principal accounting officer of Encore Capital Group, Inc. (the “Company”), informed the Company that he will resign from his positions at the Company effective April 1, 2023.”
William C. Goings was appointed as director at ENCORE CAPITAL GROUP INC.
“the Board of Directors (the “Board”) of Encore Capital Group, Inc. (the “Company”), upon recommendation from the Board’s Nominating and Corporate Governance Committee, increased the size of the Board from 8 directors to 9 directors and appointed William C. Goings as a director of the Company effective September 1, 2022.”
Gregory Call departed as Executive Vice President, General Counsel and Chief Administrative Officer at ENCORE CAPITAL GROUP INC.
“On June 23, 2022, Mr. Gregory Call, Executive Vice President, General Counsel and Chief Administrative Officer of Encore Capital Group, Inc. (the “Company”) notified the Company of his intent to retire effective August 15, 2022.”
Richard Srednicki departed as director at ENCORE CAPITAL GROUP INC.
“On April 6, 2022, Mr. Richard Srednicki notified Encore Capital Group, Inc. (the “Company”) that he will not stand for re-election as a director at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.