PRA Group, Inc. (PRAA) 10-Year Financial Performance & Capital Metrics

PRAA • • Banking & Credit

Financial ServicesCredit ServicesSpecialty & Alternative FinanceDebt Purchasing & Recovery

AboutPRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe. It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies. The company also acquires nonperforming loans, including Visa and MasterCard credit cards, private label and other credit cards, installment loans, lines of credit, deficiency balances of various types, legal judgments, and trade payables from banks, credit unions, consumer finance companies, retailers, utilities, automobile finance companies, and other credit originators. In addition, it provides fee-based services on class action claims recoveries and by servicing consumer bankruptcy accounts. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014. PRA Group, Inc. was incorporated in 1996 and is headquartered in Norfolk, Virginia.Show more

Net Interest Income -$99M -18.2%
Total Revenue $1.12B +37.8%
Net Income $71M +184.6%
Return on Equity 5.8% +187.8%
Net Interest Margin -2.01% -8.5%
Efficiency Ratio 30.78% -20.4%
ROA 1.49% +177.8%
Equity / Assets 24.21% -11.6%
Book Value per Share 30.19 -4.6%
Tangible BV/Share 20.16 -2.2%
Debt/Equity 2.82 -20.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 30.8% efficiency ratio
✓Well capitalized: 24.2% equity/assets
✓Diversified revenue: 100.9% from non-interest income
✓Trading at only 0.5x book value

✗Weaknesses

✗High debt to equity ratio of 2.8x
✗Weak 3Y average ROE of 2.7%
✗Weak NIM of -2.0%
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.46%

5Y2.46%

3Y0.85%

TTM-

Profit (Net Income) CAGR

10Y-8.76%

5Y-3.9%

3Y-27.22%

TTM2221.84%

EPS CAGR

10Y-6.49%

5Y-1.08%

3Y-23.76%

TTM2277.37%

ROCE

10Y Avg7.84%

5Y Avg7.38%

3Y Avg5.76%

Latest7.68%

Peer Comparison

Debt Purchasing & Recovery

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
JCAPJefferson Capital, Inc. Common Stock	1.4B	22.79	12.59	34.12%	24.3%	0.03%	11.53%	3.12
PRAAPRA Group, Inc.	645.71M	16.55	9.25	37.81%	6.28%	6.56%		2.82
LMFALM Funding America, Inc.	6.64M	0.47	-0.18	77.73%	-66.51%	-15.31%		0.22
SNTGSentage Holdings Inc.	6.03M	2.15	-3.03	-26.64%	-18.65%	-38.49%		0.01

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	-57.47M	-71.53M	-18.84M	-121.08M	-144.16M	-34.48M	-37.88M	-49.47M	-83.98M	-99.3M
NII Growth %	-0.63%	-0.24%	0.74%	-5.43%	-0.19%	0.76%	-0.1%	-0.31%	-0.7%	-0.18%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	2.08M	5.05M	5.61M	3.13M	0	1.01M	1.09M	2.23M	-9.22M	-10.57M
Interest Expense	59.55M	76.57M	24.45M	124.21M	144.16M	35.5M	38.96M	51.7M	74.76M	88.73M
Loan Loss Provision	208.8M	182.27M	320.24M	195.19M	166.28M	401.37M	387.16M	364.51M	324.7M	349.44M
Non-Interest Income+	939.94M	827.08M	816.31M	874.83M	995.3M	1.06B	1.09B	964.3M	824.72M	1.13B
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	942.02M	832.12M	821.92M	877.96M	995.3M	1.07B	1.1B	966.52M	815.5M	1.12B
Revenue Growth %	0.07%	-0.12%	-0.01%	0.07%	0.13%	0.07%	0.03%	-0.12%	-0.16%	0.38%
Non-Interest Expense	363.33M	353.53M	263.5M	373.3M	437.18M	278.85M	294.61M	264.51M	315.54M	345.92M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	310.34M	219.75M	213.73M	185.26M	247.69M	349.7M	375M	285.8M	100.49M	339.73M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-0.09%	-0.29%	-0.03%	-0.13%	0.34%	0.41%	0.07%	-0.24%	-0.65%	2.38%
Pretax Income+	257.52M	135.63M	160.27M	89.5M	117.36M	208.94M	250.33M	154.78M	-82.89M	109.61M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	89.39M	43.58M	-10.85M	13.76M	19.68M	41.2M	54.82M	36.79M	-16.13M	21.03M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	167.93M	86.25M	164.31M	65.56M	86.16M	149.34M	183.16M	117.15M	-83.48M	70.6M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	-0.05%	-0.49%	0.9%	-0.6%	0.31%	0.73%	0.23%	-0.36%	-1.71%	1.85%
Net Income (Continuing)	168.13M	92.05M	171.13M	75.73M	97.68M	167.74M	195.51M	118M	-66.75M	88.57M
EPS (Diluted)+	3.47	1.83	3.54	1.44	1.89	3.26	4.04	2.94	-2.13	1.79
EPS Growth %	-0.01%	-0.47%	0.93%	-0.59%	0.31%	0.72%	0.24%	-0.27%	-1.72%	1.84%
EPS (Basic)	3.49	1.84	3.55	1.45	1.90	3.28	4.07	2.96	-2.13	1.79
Diluted Shares Outstanding	48.41M	46.39M	45.82M	45.41M	45.58M	45.86M	45.33M	39.89M	39.18M	39.54M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	71.37M	94.29M	120.52M	98.69M	119.77M	108.61M	87.58M	83.38M	112.53M	105.94M
Short Term Investments	0	0	0	0	0	0	0	1000K	1000K	1000K
Total Investments+	73.8M	68.54M	78.29M	45.17M	56.18M	55.76M	92.98M	79.95M	72.4M	66.3M
Investments Growth %	-0.18%	-0.07%	0.14%	-0.42%	0.24%	-0.01%	0.67%	-0.14%	-0.09%	-0.08%
Long-Term Investments	73.8M	68.54M	78.29M	45.17M	56.18M	55.76M	92.98M	13.13M	12.93M	10.54M
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	495.16M	499.91M	526.51M	464.12M	480.79M	492.99M	480.26M	435.92M	431.56M	396.36M
Intangible Assets	23.79M	27.93M	23.57M	5.52M	4.5M	0	0	0	0	0
PP&E (Net)	45.39M	38.74M	49.31M	54.14M	125.47M	111.31M	111.23M	106.15M	82.33M	61.67M
Other Assets	33.39M	33.81M	32.66M	32.72M	31.73M	64.47M	57M	86.59M	67.53M	65.45M
Total Current Assets	2.31B	2.47B	2.93B	3.25B	3.67B	3.65B	3.56B	3.48B	3.86B	4.32B
Total Non-Current Assets	684.59M	697.42M	766.8M	663.12M	757.39M	807.73M	809.23M	698.7M	669.04M	609.15M
Total Assets+	2.99B	3.16B	3.7B	3.91B	4.42B	4.45B	4.37B	4.18B	4.53B	4.93B
Asset Growth %	0.08%	0.06%	0.17%	0.06%	0.13%	0.01%	-0.02%	-0.04%	0.08%	0.09%
Return on Assets (ROA)	0.06%	0.03%	0.05%	0.02%	0.02%	0.03%	0.04%	0.03%	-0.02%	0.01%
Accounts Payable	4.19M	2.46M	4.99M	6.11M	4.26M	5.29M	3.82M	7.33M	6.33M	0
Total Debt+	1.72B	1.78B	2.17B	2.47B	2.88B	4.3B	3.84B	3.61B	4.4B	3.36B
Net Debt	1.65B	1.69B	2.05B	2.37B	2.76B	4.19B	3.75B	3.53B	4.29B	3.26B
Long-Term Debt	1.72B	1.78B	2.17B	1.31B	2.81B	2.66B	2.61B	2.49B	2.91B	3.33B
Short-Term Debt	46.99M	0	98.58M	1.16B	1.79B	1.58B	1.17B	1.06B	1.44B	0
Other Liabilities	4.4M	19.27M	9.02M	1.17B	-1.76B	54.99M	59.35M	34.35M	32.64M	24.48M
Total Current Liabilities	167.8M	185.12M	200.34M	1.34B	1.99B	265.05M	275.52M	257.41M	271.72M	333.2M
Total Non-Current Liabilities	1.98B	2.06B	2.36B	1.44B	1.2B	2.81B	2.77B	2.63B	3.01B	3.4B
Total Liabilities	2.15B	2.25B	2.56B	2.79B	3.2B	3.08B	3.04B	2.89B	3.29B	3.74B
Total Equity+	839.75M	917.16M	1.14B	1.12B	1.23B	1.37B	1.32B	1.29B	1.24B	1.19B
Equity Growth %	-0.07%	0.09%	0.24%	-0.01%	0.09%	0.12%	-0.04%	-0.03%	-0.04%	-0.04%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.19%	0.1%	0.16%	0.06%	0.07%	0.11%	0.14%	0.09%	-0.07%	0.06%
Book Value per Share	17.35	19.77	24.89	24.75	26.92	29.95	29.23	32.26	31.64	30.19
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	462K	464K	452K	453K	454K	456K	410K	390K	392K	395K
Additional Paid-in Capital	64.62M	66.41M	53.87M	60.3M	67.32M	75.28M	0	2.17M	7.07M	17.88M
Retained Earnings	964.27M	1.05B	1.21B	1.28B	1.36B	1.51B	1.55B	1.57B	1.49B	1.56B
Accumulated OCI	-228.86M	-251.94M	-178.61M	-242.11M	-261.02M	-245.79M	-266.91M	-347.93M	-329.9M	-443.39M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	1.05B	1.21B	1.28B	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	203M	205.9M	15.47M	80.87M	133.39M	141.7M	84.92M	21.59M	-97.53M	-94.59M
Operating CF Growth %	-0.24%	0.01%	-0.92%	4.23%	0.65%	0.06%	-0.4%	-0.75%	-5.52%	0.03%
Net Income	168.13M	92.05M	171.13M	75.73M	97.68M	167.74M	195.51M	118M	-66.75M	88.57M
Depreciation & Amortization	19.87M	24.36M	19.76M	19.32M	17.46M	18.46M	15.26M	15.24M	18.61M	10.79M
Deferred Taxes	-8.57M	-21.31M	-130.14M	-56.21M	-37.56M	-58.5M	6.8M	607K	-35.94M	-2.14M
Other Non-Cash Items	-3.25M	112.21M	-21.81M	31.14M	36.41M	-32.91M	-159.99M	-123.59M	-38M	-226.69M
Working Capital Changes	10.49M	-7.54M	-32.14M	2.36M	8.68M	32.52M	11.41M	-1.71M	13.45M	21.4M
Cash from Investing+	-282.33M	-317.51M	-294.96M	-387.25M	-441.19M	115M	160.38M	120.45M	-234.86M	-382.47M
Purchase of Investments	-48.09M	-6.05M	-6.69M	-42.62M	-83.29M	-45.23M	-110.92M	-63M	-60.06M	-57.38M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	-1.42M	-60.24M	93.3M	4.91M	-26.43M	0	-647K	0	0	0
Other Investing	-280.58M	-243.96M	-368.86M	-372.45M	-388.44M	134.07M	214.25M	130.59M	-243.26M	-379.17M
Cash from Financing+	120.13M	94.41M	295.7M	294.93M	339.52M	-252.1M	-262.81M	-121.34M	355.3M	490.84M
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-165.5M	0	-44.91M	0	0	0	-200.89M	-111.37M	0	0
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	-1000K	-1000K	-1000K	1000K	1000K
Other Financing	5.77M	11.58M	-9.7M	-29.19M	40.27M	-43.27M	-8.75M	-8.47M	-23.07M	24.98M
Net Change in Cash+	31.71M	22.91M	26.23M	-21.82M	25.11M	-2.76M	-31.98M	-4.31M	28.93M	-6.26M
Exchange Rate Effect	-1000K	1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K
Cash at Beginning	39.66M	71.37M	94.29M	120.52M	98.69M	123.81M	121.05M	89.07M	84.76M	113.69M
Cash at End	71.37M	94.29M	120.52M	98.69M	123.81M	121.05M	89.07M	84.76M	113.69M	107.43M
Interest Paid	49.78M	67.99M	79.83M	97.47M	119.42M	117.99M	112.28M	116.93M	138.31M	224.1M
Income Taxes Paid	86.25M	78.75M	144.34M	73.48M	68.98M	80.86M	77.82M	21.86M	25.54M	5.22M
Free Cash Flow+	188.54M	191.74M	-7.37M	60.34M	115.36M	124.47M	73.71M	8.34M	-100.42M	-98.64M
FCF Growth %	-0.23%	0.02%	-1.04%	9.19%	0.91%	0.08%	-0.41%	-0.89%	-13.04%	0.02%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	19.28%	9.82%	15.97%	5.79%	7.33%	11.49%	13.58%	8.97%	-6.61%	5.8%
Return on Assets (ROA)	5.82%	2.8%	4.79%	1.72%	2.07%	3.36%	4.15%	2.74%	-1.92%	1.49%
Net Interest Margin	-1.92%	-2.26%	-0.51%	-3.1%	-3.26%	-0.77%	-0.87%	-1.18%	-1.86%	-2.01%
Efficiency Ratio	38.57%	42.49%	32.06%	42.52%	43.92%	26.17%	26.89%	27.37%	38.69%	30.78%
Equity / Assets	28.08%	28.99%	30.82%	28.75%	27.74%	30.84%	30.34%	30.82%	27.39%	24.21%
Book Value / Share	17.35	19.77	24.89	24.75	26.92	29.95	29.23	32.26	31.64	30.19
NII Growth	-63.17%	-24.46%	73.66%	-542.63%	-19.07%	76.08%	-9.85%	-30.62%	-69.76%	-18.24%

Revenue by Geography

	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
UNITED STATES	766.26M	722.39M	584.82M	553.96M	619.17M	673.26M	677.23M	651.99M	520.75M	358.25M
UNITED STATES Growth	-	-5.73%	-19.04%	-5.28%	11.77%	8.74%	0.59%	-3.73%	-20.13%	-31.20%
Foreign Countries	-	-	-	-	-	-	-	-	-	228.78M
Foreign Countries Growth	-	-	-	-	-	-	-	-	-	-
BRAZIL	-	-	-	-	-	-	-	-	-	95.56M
BRAZIL Growth	-	-	-	-	-	-	-	-	-	-
Other Countries, Outside Of The United States And United Kingdom	-	-	-	178.02M	189.27M	223.44M	255.43M	268.36M	264.05M	-
Other Countries, Outside Of The United States And United Kingdom Growth	-	-	-	-	6.32%	18.06%	14.32%	5.06%	-1.60%	-
Outside The United States	114.71M	219.63M	245.76M	-	-	-	-	-	-	-
Outside The United States Growth	-	91.47%	11.90%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

PRA Group, Inc. (PRAA) has a price-to-earnings (P/E) ratio of 9.2x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

PRA Group, Inc. (PRAA) grew revenue by 37.8% over the past year. This is strong growth.

Yes, PRA Group, Inc. (PRAA) is profitable, generating $91.6M in net income for fiscal year 2024 (6.3% net margin).

Dividend & Returns

PRA Group, Inc. (PRAA) has a return on equity (ROE) of 5.8%. This is below average, suggesting room for improvement.

Industry Metrics

PRA Group, Inc. (PRAA) has a net interest margin (NIM) of -2.0%. NIM has been under pressure due to interest rate environment.

PRA Group, Inc. (PRAA) has an efficiency ratio of 30.8%. This is excellent, indicating strong cost control.

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