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Enova International, Inc.
Enova International mutually terminated its merger agreement with Grasshopper Bancorp effective October 16, 2026. Consequently, the company has deregistered the 1,551,801 shares of common stock that were previously registered for issuance in connection with the merger.…more
Enova International, Inc.
Enova International filed its Q3 2026 report, disclosing amendments to its asset-backed securities (ABS) issuance and credit facility agreements. Notably, the company entered into a supplemental indenture on September 25, 2026, for the issuance of up to $500,026,000 in Series 2026-1 asset-backed notes, alongside structural modifications to existing securitization facilities and servicing agreements.…more
Enova International, Inc.
Enova International reported its 2026 third-quarter financial results, with revenue of $1.01 billion and net income of $107 million, representing year-over-year growth of 26% and 34%, respectively. Diluted earnings per share (EPS) rose 34% to $4.06 from $3.03 in the same period last year, and the company repurchased $46 million of common stock during the quarter.…more
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Enova International Beats Q3 Earnings and Revenue Estimates
Enova International reported Q3 adjusted EPS and revenue that both exceeded analyst expectations. The company demonstrated significant year-over-year growth in both profitability and sales.…more
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Enova International has mutually agreed to terminate its merger agreement with Grasshopper Bancorp. As part of the termination agreement, Enova will pay $4 million in cash to Grasshopper.…more
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OnDeck has introduced an AI-powered automated final-decisioning system for small business loan applications. This technology reduces decision time to under a minute, aiming to streamline the funding process for approved applicants.…more
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