Highest-materiality recent filing
Enova unit ODAS IV issues $500M Series 2026-1 ABS notes at 6.22% weighted average coupon
OnDeck Asset Securitization IV issued $500,026,000 of Series 2026-1 notes on September 25, 2026, its sixth series, backed by a ~$526 million small business loan pool.
Enova subsidiary amends existing $535M receivables facility
Total facility commitments $535M: $400M Class A at SOFR+2.75%, $135M Class B at SOFR+8.50%.
Enova offers $500M ABS notes backed by OnDeck small business loans
$500,026,000 Series 2026-1 fixed-rate ABS notes; Class A 5.61% to Class D 8.28%; closing expected Sept 25, 2026.
Enova withdraws Grasshopper acquisition; reaffirms 2026 guidance, plans buybacks
Withdrew OCC and Federal Reserve applications for Grasshopper Bancorp acquisition; cites unclear nonbank-to-bank standards.
Enova proposes $500,026,000 asset-backed notes offering via OnDeck subsidiary
Proposed private offering of $500,026,000 Series 2026-1 notes by OnDeck Asset Securitization IV, LLC.
Enova's subsidiary issues $300.9M securitized notes backed by $316.7M consumer loan pool
Issued $300,886,000 in 2026-A Notes: $240.7M Class A (5.88%), $44.3M Class B (7.68%), $15.8M Class C (10.64%).
Enova expands credit facility to $300M and prices $300.9M asset-backed notes
NC LOC 2024 facility revolving commitment increased from $200M to $300M; rate cut to SOFR+5.00%.
Enova Q2 2026 revenue up 22% to $929M; adj. EPS $4.31 (+33% YoY)
Total revenue $929M (+22% YoY); net income $105M ($4.00 diluted EPS) vs $76M ($2.86) in Q2 2025.
Enova appoints Maria Veltre to Board's Management Development and Compensation Committee
Maria Veltre elected to Enova Board effective July 10, 2026.
Enova appoints Maria Veltre to board; Goodyear and McGowan resign
Maria Veltre, Operating Partner at Lightyear Capital, appointed to Enova board effective July 10, 2026.
Enova subsidiary amends ODR 2022 securitization facility to $420M with June 2029 maturity
Total facility commitment $420M ($338M Class A + $82M Class B); revolving period through June 2028, maturity June 2029.
All 11 director nominees elected with votes for ranging from 19.5M to 20.4M; no director received less than 95% of votes cast.
Enova Q1 revenue $875M (+17%), EPS $3.46 (+29%); Grasshopper Bank on track for H2 2026
Total revenue $875M (+17% YoY); net income $91M ($3.46 diluted EPS) vs $73M ($2.69) last year.
Enova increases borrowing capacity by $377M across four facility amendments
RAOD Facility: Class A revolver raised from $200M to $300M; Class B from $36.8M to $55.3M.
Enova Q4 revenue +15% to $839M, EPS $3.00 (+30%), originations +32%, acquiring Grasshopper Bank
Total revenue $839M (+15% YoY); net income $79M; diluted EPS $3.00 (+30%); adj. EPS $3.46 (+33%).
Enova discloses CEO, CFO, Executive Chairman compensation for Jan 1, 2026 transition
Steve Cunningham (new CEO) gets $850K base salary, 135% target bonus, $5.1M equity award (600% of base).
Amendment removes stockholder election to choose cash or stock; all holders get 50% cash and 50% stock.
Enova to acquire Grasshopper Bancorp for ~$369M in cash/stock; close expected 2H 2026
Deal values Grasshopper at ~$369M; consideration is 50% cash, 50% Enova stock at $9.69 per share.
Enova amends ODR 2021-1 securitization facility to $246.7M total commitment
Total facility commitment $246.7M: Class A $193.33M, Class B $53.33M.
Enova subsidiary issues $261.4M asset-backed notes in Series 2025-2 securitization
Initial principal $261.4M across four classes; weighted avg fixed coupon 5.65%.
Enova announces new $400M share repurchase program, replacing $300M program
Board authorized $400M share repurchase program, expiring June 30, 2027.
Enova subsidiary proposes $261M asset-backed notes securitization
OnDeck Asset Securitization IV, LLC plans to offer $261,434,000 in Series 2025-2 Fixed Rate Asset-Backed Notes.
Enova proposes $261.4M asset-backed notes offering for small business loans
Enova's subsidiary OnDeck Asset Securitization IV, LLC plans to issue $261,434,000 in Series 2025-2 Fixed Rate Asset-Backed Notes.
Enova Q3 revenue up 16% to $803M; adjusted EPS $3.36 (+37% YoY); CEO succession announced
Net income $80M ($3.03 diluted EPS) vs $43M ($1.57) in Q3 2024; adjusted EPS $3.36.
Enova increases credit facility to $825M, extends maturity, reduces rate
Total commitment raised from $665M to $825M.
David Fisher will transition from Chairman/CEO to Executive Chairman effective Jan 1, 2026, serving at least two years.
Enova Q2 revenue up 22% to $764M, adj. EPS $3.23 (+46% YoY), originations up 28%
Q2 2025 total revenue $764M (+22% YoY); net income $76M ($2.86 diluted EPS) vs $54M ($1.93) in Q2 2024.
Enova subsidiary enters $150M securitization facility with Banc of California
NetCredit LOC Receivables 2025, LLC signed $150M Loan & Security Agreement with Banc of California as admin agent.
Enova subsidiary issues $163.9M in securitization notes at 7.29% coupon, due 2031
Issued $163.9M Class A notes, fixed 7.29% coupon, final maturity Oct 20, 2031.
Enova prices $163.9M ABS notes at 7.29% backed by consumer loans
Enova subsidiary NetCredit Combined Receivables A, LLC priced $163,866,000 of 2025-A Notes at 7.29% interest.
Directors elected: votes for ranged from 18.77M (Feehan) to 20.15M (Corby); all ten elected.
Enova Q1 revenue $746M (+22%), EPS $2.69 (+64%), originations +26%
Diluted EPS $2.69 (+64% YoY); adjusted EPS $2.98 (+56% YoY).
Enova subsidiary issues $261M in asset-backed notes across four classes
Series 2025-1 Notes: $126.8M Class A (5.08%), $57.8M Class B (5.52%), $45.5M Class C (6.64%), $31.2M Class D (8.77%).
Enova subsidiary to offer $261.4M in asset-backed notes (Series 2025-1)
OnDeck Asset Securitization IV, LLC plans to issue $261,392,000 in Series 2025-1 Fixed Rate Asset-Backed Notes.
Enova subsidiary proposes $261M Series 2025-1 asset-backed notes offering
OnDeck Asset Securitization IV, LLC plans to issue $261,392,000 in Series 2025-1 Fixed Rate Asset-Backed Notes.
Enova Q4 revenue $730M +25% YoY; adjusted EPS $2.61 +43%; portfolio hits $4B
Q4 total revenue $730M (+25% YoY); diluted EPS $2.30 (+104%); adjusted EPS $2.61 (+43%).
Enova amends RAOD securitization facility; total commitment ~$237M
Amendment No. 10 extends revolving period to Nov 2026, maturity to Nov 2027.
Enova Q3 revenue up 25% to $690M; adjusted EPS $2.45 (+63% YoY)
Revenue $690M (+25% YoY); net income $43M, diluted EPS $1.57 (+22%).
Enova subsidiary amends $200M note facility; rate SOFR+4.25%, maturity Oct 2028
NetCredit 2022 (Enova subsidiary) entered Second Amendment to Note Issuance and Purchase Agreement on Oct 15, 2024.
Enova closes $261.4M securitization of small business loans at 5.78% weighted average coupon
Issued $261.353M Series 2024-2 Notes in four classes (A-D) with fixed rates from 4.98% to 9.49%.
Enova proposes $261M securitization of small business loans with four tranches
Total $261.35M in Series 2024-2 Fixed Rate Asset-Backed Notes across four classes.
Enova amends $487.6M securitization facility with extended maturity to Sept 2027
Total facility commitment: $487.595M, split into Class A ($365M) and Class B ($122.595M).
Enova unit proposes $261M Series 2024-2 ABS notes backed by small business loans
OnDeck Asset Securitization IV proposes $261,353,000 Series 2024-2 fixed-rate asset-backed notes.
Enova expands secured credit facility by $150M to $665M
Second Amendment increased commitment from $515M to $665M on September 11, 2024.
Enova issues $500M 9.125% senior notes due 2029, authorizes new $300M share repurchase program
Issued $500M aggregate principal of 9.125% senior notes due August 1, 2029.
Enova International appoints Lindsay Corby to its Board of Directors
Lindsay Corby elected to Enova's Board effective August 7, 2024; will stand for re-election at 2025 annual meeting.
Enova prices $500M senior notes at 9.125% due 2029, upsized from $400M
$500M aggregate principal, 9.125% interest, priced at 100% of par.
Enova announces $400M notes offering and tender for $375M of 8.5% notes due 2025
Enova will issue $400M senior notes due 2029 via Rule 144A/Reg S to fund debt refinancing.
Enova Q2 revenue up 26% to $628M; diluted EPS $1.93 (+29%)
Total revenue $628M (+26% YoY); net income $54M vs $48M; diluted EPS $1.93 vs $1.50.
Enova's ODR 2022 amends securitization facility; total commitments $420M, maturity June 2027
ODR 2022 facility amended: $338M Class A + $82M Class B = $420M total commitment.
On July 10, 2026, each of William M. Goodyear and Mark McGowan submitted their resignations as directors of Enova International, Inc. (the “Company”), effective immediately.
On July 10, 2026, each of William M. Goodyear and Mark McGowan submitted their resignations as directors of Enova International, Inc. (the “Company”), effective immediately.
Effective immediately, the Board of Directors of the Company has elected Maria Veltre as a member of its Board.
Effective immediately, the Board of Directors of the Company has elected Lindsay Y. Corby as a member of its Board.
Max materiality 0.85 · Median 0.55 · Most common event debt