Earnings summaries and quarterly performance for Enova International.
Executive leadership at Enova International.
Board of directors at Enova International.
Research analysts who have asked questions during Enova International earnings calls.
DS
David Scharf
Citizens Capital Markets and Advisory
6 questions for ENVA
Also covers: AFRM, ECPG, EZPW +11 more
JH
John Hecht
Jefferies
6 questions for ENVA
Also covers: AFRM, ARCC, BFH +23 more
KJ
Kyle Joseph
Jefferies
5 questions for ENVA
Also covers: AFRM, CACC, CRMT +14 more
MO
Moshe Orenbuch
TD Cowen
5 questions for ENVA
Also covers: AER, AFRM, AL +11 more
VC
Vincent Caintic
Stephens Inc.
5 questions for ENVA
Also covers: AFRM, BFH, CRMT +9 more
JR
John Rowan
Janney Montgomery Scott
3 questions for ENVA
Also covers: CACC, ECPG, FCFS +5 more
BR
Bill Ryan
Seaport Research Partners
2 questions for ENVA
Also covers: AGM, LC
WR
William Ryan
Seaport Research Partners
1 question for ENVA
Also covers: AGM, JSM, LC +1 more
Recent press releases and 8-K filings for ENVA.
Enova International Reports Strong Q4 and Full-Year 2025 Results, Announces Leadership Changes, and Provides 2026 Outlook
ENVA
Earnings
M&A
Guidance Update
- Enova International reported strong financial results for Q4 and full year 2025, with Q4 originations increasing 32% year-over-year to $2.3 billion and full-year 2025 adjusted EPS growing 42%.
- The company announced management changes effective January 1, 2026, with Steve Cunningham becoming CEO and Scott Cornelis becoming CFO, while David Fisher transitioned to Executive Chairman.
- Enova expects to close the acquisition of Grasshopper Bank in the second half of 2026, anticipating $125 million-$220 million annually in net synergies and over 25% adjusted EPS accretion once fully realized.
- For full year 2026, the company projects originations growth of around 15% and adjusted EPS growth of at least 20%, assuming a stable macroeconomic environment.
Jan 27, 2026, 10:00 PM
Enova International Reports Strong Q4 and Full Year 2025 Results, Provides 2026 Guidance, and Announces Leadership Changes
ENVA
Earnings
CEO Change
M&A
- Enova International reported strong Q4 2025 results, with total company revenue increasing 15% year-over-year to $839 million and originations growing 32% to $2.3 billion. Adjusted EPS rose 33% to $3.46 per diluted share.
- For the full year 2025, the company achieved nearly 20% revenue growth and 42% Adjusted EPS growth, driven by 27% originations growth.
- The company provided Q1 2026 guidance, expecting revenue to be flat to slightly higher sequentially and Adjusted EPS to be 20%-25% higher than Q1 2025. For full year 2026, Enova anticipates originations growth of around 15% and Adjusted EPS growth of at least 20%, excluding the Grasshopper Bank acquisition.
- Effective January 1, 2026, Steve Cunningham became CEO and Scott Cornelis became CFO, with David Fisher transitioning to Executive Chairman. The pending acquisition of Grasshopper Bank, announced in December, is expected to close in the second half of 2026.
Jan 27, 2026, 10:00 PM
Enova Reports Record 2025 Results, Provides 2026 Guidance, and Updates on Grasshopper Bank Acquisition
ENVA
Earnings
M&A
Management Change
- Enova reported a record year in 2025, with full-year Adjusted EPS increasing 42% and revenue growing nearly 20%. For Q4 2025, revenue increased 15% year-over-year to $839 million, and Adjusted EPS grew 33% to $3.46 per diluted share.
- The company is progressing with the acquisition of Grasshopper Bank, expected to close in the second half of 2026, which is projected to increase adjusted net income by $125 million to $220 million annually and drive Adjusted EPS accretion of more than 25% once synergies are fully realized.
- For the full year 2026, Enova expects originations growth of around 15%, with resulting revenue growth similar to originations growth, and Adjusted EPS growth of at least 20%. These expectations do not include any contribution from the Grasshopper Bank acquisition.
- Effective January 1st, Steve Cunningham became CEO and Scott Cornelis became CFO, as the former CEO transitioned to the Executive Chairman role for at least two years.
Jan 27, 2026, 10:00 PM
Enova International, Inc. Announces Strong Q4 and Full Year 2025 Results and Grasshopper Bancorp Acquisition
ENVA
Earnings
M&A
Share Buyback
- Enova International, Inc. reported total revenue of $839 million for the fourth quarter of 2025, marking a 15% increase from Q4 2024, and diluted earnings per share of $3.00, a 30% increase.
- For the full year 2025, total revenue reached $3.2 billion, up 19% from 2024, with net income of $308 million, or $11.52 per diluted share, representing a 47% increase.
- The company maintained strong consolidated credit performance in Q4 2025, with a net charge-off ratio of 8.3% and a net revenue margin of 60%.
- Enova announced the acquisition of Grasshopper Bancorp, Inc. and its wholly-owned subsidiary Grasshopper Bank, which is expected to close during the second half of 2026.
- During the fourth quarter of 2025, Enova repurchased $35 million of common stock under its share repurchase program.
Jan 27, 2026, 9:16 PM
Enova International Reports Strong Q4 and Full Year 2025 Results
ENVA
Earnings
M&A
Share Buyback
- For the fourth quarter ended December 31, 2025, Enova International reported total revenue of $839 million, a 15% increase from Q4 2024, and diluted earnings per share of $3.00, up 24% from Q4 2024.
- For the full year ended December 31, 2025, the company achieved total revenue of $3.2 billion, an 19% increase from 2024, and diluted earnings per share of $11.52, a 47% increase from 2024.
- Originations rose 32% and total company combined loans and finance receivables increased 23% to a record $4.9 billion by the end of Q4 2025.
- The company repurchased $35 million of common stock during the fourth quarter of 2025.
- Enova announced the acquisition of Grasshopper Bancorp, Inc. and its subsidiary Grasshopper Bank, expected to close in the second half of 2026, aiming to expand service capabilities under a national bank charter.
Jan 27, 2026, 9:16 PM
Enova and Grasshopper Amend Merger Agreement Terms
ENVA
M&A
- Enova International, Inc. and Grasshopper Bancorp, Inc. amended their Merger Agreement on December 18, 2025, to simplify the consideration procedures.
- Under the revised terms, Grasshopper stockholders will no longer elect between cash or stock; instead, they will receive both, with the consideration split as 50% cash and 50% stock.
- The aggregate consideration payable by Enova in the Merger remains unchanged.
- Outstanding Grasshopper stock options will be fully vested and converted into a cash payment, calculated as the product of the number of shares subject to the option and the positive difference between the Per Share Cash Amount and the option's exercise price.
Dec 18, 2025, 10:13 PM
Enova International Announces Acquisition of Grasshopper Bancorp
ENVA
M&A
New Projects/Investments
- Enova International has signed a definitive agreement to acquire Grasshopper Bancorp and its subsidiary, Grasshopper Bank, N.A., for $369 million. The payment will be approximately 50% cash and 50% newly issued Enova shares.
- The transaction is expected to close in the second half of 2026 and will result in Enova becoming a bank-holding company, with Grasshopper as its bank subsidiary.
- The acquisition is projected to generate annual revenue synergies of $175 million to $230 million and funding synergies of $50 million to $100 million within the first two years post-closing.
- These synergies are anticipated to increase Adjusted Net Income by $125 million-$220 million annually and drive Adjusted EPS accretion of more than 25% once fully realized.
- Strategic benefits include expanding product offerings, lowering funding costs, and enabling geographic expansion for Enova's existing near-prime consumer products.
Dec 11, 2025, 1:30 PM
Enova Announces Acquisition of Grasshopper Bank
ENVA
M&A
New Projects/Investments
Guidance Update
- Enova International, Inc. announced its plan to acquire Grasshopper Bank for an aggregate purchase value of approximately $369 million , aiming to create a leading digital bank.
- The consideration for the acquisition will be approximately 50% paid in cash and 50% in newly issued ENVA shares. Post-acquisition, Enova stockholders are expected to own ~94.7% and Grasshopper stockholders ~5.3% of the combined company.
- The transaction is anticipated to close in the second half of 2026 , pending regulatory approvals from the OCC and the Federal Reserve.
- The acquisition is expected to generate adjusted earnings per share accretion of more than 15% within the first year and more than 25% once synergies are fully realized.
- Financial benefits include expected revenue synergies of $175 million to $230 million within the first two years post-closing and an opportunity to lower the cost of funds by over 200 basis points annually , as Grasshopper's deposit costs are 300 to 400 basis points lower than Enova's securitizations.
Dec 11, 2025, 1:30 PM
Enova International Announces Acquisition of Grasshopper Bancorp
ENVA
M&A
CEO Change
New Projects/Investments
- Enova International has signed a definitive agreement to acquire Grasshopper Bancorp and its wholly-owned subsidiary, Grasshopper Bank, N.A., in a $369 million cash and stock transaction.
- The transaction, expected to close in the second half of 2026, will establish Enova as a bank-holding company with Grasshopper as its bank subsidiary.
- Enova anticipates significant financial benefits, including annual revenue synergies of $175 million to $230 million and funding synergies of $50 million to $100 million within the first two years post-closing.
- These synergies are projected to increase Adjusted Net Income by $125 million-$220 million annually, driving Adjusted EPS accretion of more than 25% once fully realized.
Dec 11, 2025, 1:30 PM
Enova International to Acquire Grasshopper Bancorp
ENVA
M&A
CEO Change
New Projects/Investments
- Enova International has signed a definitive agreement to acquire Grasshopper Bancorp and its wholly-owned subsidiary, Grasshopper Bank, N.A., for $369 million in a cash and stock transaction. The transaction is expected to close in the second half of 2026.
- Upon closing, Enova will become a bank-holding company, with Grasshopper serving as the bank subsidiary, which is anticipated to expand access to more customers, simplify operations, and allow for product diversification.
- The acquisition is projected to generate annual revenue synergies of between $175 million and $230 million and funding synergies of between $50 million and $100 million within the first two years post-closing. These synergies are expected to increase Adjusted Net Income by $125 million to $220 million annually, driving Adjusted EPS accretion of more than 25%.
- Steve Cunningham, current CFO, will assume the role of CEO of Enova effective January 1, 2026, with David Fisher transitioning to Executive Chairman of the Board. Mike Butler, current CEO of Grasshopper, will serve as President of Grasshopper and report to Steve Cunningham.
Dec 11, 2025, 1:30 PM
Quarterly earnings call transcripts for Enova International.
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