Highest-materiality recent filing
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 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 announces new $400M share repurchase program, replacing $300M program
Board authorized $400M share repurchase program, expiring June 30, 2027.
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 Q1 revenue $746M (+22%), EPS $2.69 (+64%), originations +26%
Diluted EPS $2.69 (+64% YoY); adjusted EPS $2.98 (+56% YoY).
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 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 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 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 proposes $299.5M asset-backed notes offering; provides loan performance data
Proposed $299.5M Series 2024-1 Fixed Rate Asset-Backed Notes by OnDeck Asset Securitization IV.
Enova Q1 revenue $610M (+26% YoY); adjusted EPS $1.91 (+7%); record share repurchases $139M
Total revenue $610M (up 26% YoY); net income $48M; GAAP diluted EPS $1.64; adjusted EPS $1.91.
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