OverviewSuggest Edit

PRA Group is a financial and business service company engaging in acquiring and collecting nonperforming loans. It is involved in the acquisition of accounts that are primarily the unpaid obligations of individuals owed to credit grantors, which include banks and other types of consumer, retail, and auto finance companies. The Company also acquires nonperforming loans. In addition, it provides fee-based services comprising vehicle location, skip tracing, and collateral recovery for auto lenders, government entities, and law enforcement; class action claims recovery services and purchases; servicing of consumer bankruptcy accounts; and contingent collections of nonperforming loans.

TypePublic
Founded1996
HQNorfolk, VA, US
Websitepragroup.com
Employee Ratings3.2
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)4,412(-17%)
Job Openings57
Revenue (FY, 2020)$1.1 B(+5%)
Share Price (Oct 2021)$41.4
Cybersecurity ratingCMore
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Key People/Management at PRA Group

Kevin Stevenson

Kevin Stevenson

President, Chief Executive Officer
Darby Schoenfeld

Darby Schoenfeld

Director of Investor Relations
Deborah Cassidy

Deborah Cassidy

Global Chief Information Officer
Nancy Porter

Nancy Porter

Vice President, Corporate Communications
Pete Graham

Pete Graham

Executive Vice President and Chief Financial Officer
Chris Graves

Chris Graves

Executive Vice President, Global Investment and Analytics Officer
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PRA Group Office Locations

PRA Group has offices in Norfolk and Oslo
Norfolk, VA, US (HQ)
150 Corporate Blvd
Oslo, NO
P.O. Box 9106 Grønland
Show all (2)

PRA Group Financials and Metrics

PRA Group Revenue

PRA Group's revenue was reported to be $1.07 b in FY, 2020
USD

Revenue (Q1, 2021)

289.5m

Net income (Q1, 2021)

61.9m

EBIT (Q1, 2021)

110.8m

Market capitalization (22-Oct-2021)

1.9b

Closing stock price (22-Oct-2021)

41.4

Cash (31-Mar-2021)

92.8m

EV

1.9b
PRA Group's current market capitalization is $1.9 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

372.7m458.9m592.8m735.1m881.0m942.0m830.6m813.6m908.3m1.0b1.1b

Revenue growth, %

23%29%24%20%7%(12%)

R&D expense

1.3m1.3m

Operating expense total

10.3m13.7m17.8m25.8m30.0m68.8m39.5m44.1m47.4m46.8m47.4m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

93.0m95.5m111.8m114.8m114.3m140.1m147.9m150.5m169.6m183.0m197.8m193.9m197.3m239.0m245.2m237.2m229.4m224.9m228.5m222.0m206.6m200.3m201.0m223.2m221.5m225.9m245.9m252.1m250.0m251.8m271.9m267.9m289.5m

R&D expense

1.1m

Operating expense total

2.6m2.6m2.9m3.5m2.8m4.8m4.5m3.8m4.6m4.8m5.4m6.1m7.7m11.3m9.6m9.6m39.0m10.7m11.3m10.5m10.9m11.0m10.1m12.2m11.6m10.6m11.6m10.9m12.1m12.2m10.5m11.8m13.0m

Depreciation and amortization

3.8m3.9m4.2m4.9m4.6m4.9m5.4m6.1m6.1m6.2m5.2m5.0m4.8m4.9m4.5m4.8m4.6m4.7m4.0m4.1m4.1m4.3m4.0m
Annual
USDY, 2009Y, 2010FY, 2010FY, 2011Y, 2011Y, 2012FY, 2012Y, 2013FY, 2013FY, 2014Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

20.3m41.1m41.1m26.7m26.7m32.7m32.7m162.0m162.0m39.7m39.7m71.4m71.4m94.3m120.5m98.7m119.8m108.6m

Accounts Receivable

8.9m7.9m10.5m12.4m12.4m13.0m30.8m20.0m15.8m46.2m10.6m13.2m

Inventories

PP&E

24.3m25.7m25.3m31.5m31.5m48.3m48.3m45.4m45.4m38.7m49.3m54.1m56.5m58.4m
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PRA Group Revenue Breakdown

Embed Graph

PRA Group revenue breakdown by geographic segment: 70.4% from United States and 29.6% from International

PRA Group Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

PRA Group Online and Social Media Presence

Embed Graph

PRA Group Company Culture

  • Overall Culture

    C-

    65/100

  • CEO Rating

    A-

    76/100

  • Compensation

    B

    76/100

  • Diversity

    D

    54/100

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PRA Group News and Updates

PRA Group Reports Third Quarter 2020 Results

NORFOLK, Va., Nov. 5, 2020 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the third quarter of 2020. Net income attributable to PRA Group, Inc. was $42.5 million compared to $25.0...

PRA Group to Announce Second Quarter 2019 Results on August 8

NORFOLK, Va., July 18, 2019 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, will report its second quarter 2019 results after market close on Thursday, August 8, 2019, followed by a webcast and conference call at 5 p.m. E.T. ...

PRA Group Announces New Call Center in Danville, VA

NORFOLK, Va., Dec. 20, 2018 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced its plans to open a new call center in Danville, Virginia. "We are excited to open this new call center just a few hundred miles...

PRA Group Donates Over $31,000 to Red Cross Disaster Relief

NORFOLK, Va., Oct. 30, 2018 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that the company and its employees have donated over $31,000 to the American Red Cross in support of its ongoing disaster relief...

Brazilian lender Bradesco acquires unit of PRA Group

Brazil's Banco Bradesco SA has acquired a 65 percent stake in the Brazilian subsidiary of PRA Group Inc for an undisclosed amount, the bank said in a securities filing on Tuesday.

PRA Group Frequently Asked Questions

  • When was PRA Group founded?

    PRA Group was founded in 1996.

  • Who are PRA Group key executives?

    PRA Group's key executives are Kevin Stevenson, Darby Schoenfeld and Deborah Cassidy.

  • How many employees does PRA Group have?

    PRA Group has 4,412 employees.

  • What is PRA Group revenue?

    Latest PRA Group annual revenue is $1.1 b.

  • What is PRA Group revenue per employee?

    Latest PRA Group revenue per employee is $241.5 k.

  • Who are PRA Group competitors?

    Competitors of PRA Group include ARS National, First Financial and Interra Credit Union.

  • Where is PRA Group headquarters?

    PRA Group headquarters is located at 150 Corporate Blvd, Norfolk.

  • Where are PRA Group offices?

    PRA Group has offices in Norfolk and Oslo.

  • How many offices does PRA Group have?

    PRA Group has 2 offices.