ENCORE CAPITAL GROUP INC
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 6, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Financial Condition
(In Thousands, Except Par Value Amounts)
(Unaudited)
| June 30,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $172,896 | $199,865 |
| Receivable portfolios, net | 4,184,780 | 3,776,369 |
| Property and equipment, net | 84,055 | 80,597 |
| Other assets | 206,743 | 225,090 |
| Goodwill | 542,912 | 507,808 |
| Total assets | $5,191,386 | $4,789,729 |
| Liabilities and Equity | ||
| Liabilities: | ||
| Accounts payable and accrued liabilities | $214,663 | $233,545 |
| Borrowings | 3,965,465 | 3,672,762 |
| Other liabilities | 115,287 | 116,091 |
| Total liabilities | 4,295,415 | 4,022,398 |
| Commitments and contingencies (Note 11) | ||
| Equity: | ||
| Convertible preferred stock, $0.01 par value, 5,000 shares authorized, no shares issued and outstanding | — | — |
| Common stock, $0.01 par value, 75,000 shares authorized, 23,095 and 23,691 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | 231 | 237 |
| Additional paid-in capital | — | 19,297 |
| Accumulated earnings | 1,015,221 | 909,927 |
| Accumulated other comprehensive loss | (119,481) | (162,130) |
| Total stockholders’ equity | 895,971 | 767,331 |
| Total liabilities and stockholders’ equity | $5,191,386 | $4,789,729 |
The following table presents certain assets and liabilities of consolidated variable interest entities (“VIEs”) included in the condensed consolidated statements of financial condition above. Most assets in the table below include those assets that can only be used to settle obligations of consolidated VIEs. The liabilities exclude amounts where creditors or beneficial interest holders have recourse to the general credit of the Company. See “Note 8: Variable Interest Entities” for additional information on the Company’s VIEs.
| June 30,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $36,046 | $23,875 |
| Receivable portfolios, net | 942,735 | 895,704 |
| Other assets | 3,682 | 3,699 |
| Liabilities | ||
| Accounts payable and accrued liabilities | 2,827 | 2,946 |
| Borrowings | 647,953 | 599,830 |
| Other liabilities | 3,144 | 887 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.