Financial Performance - Global cash collections reached $481 million in Q1 2022[4] - Net income attributable to PRA Group was $40 million in Q1 2022[4], a decrease of 32% compared to $58 million in Q1 2021[13] - Total revenues decreased by 17% from $289 million in Q1 2021 to $241 million in Q1 2022[11] - Diluted earnings per share decreased by 24% from $1.27 in Q1 2021 to $0.97 in Q1 2022[15] Investments and Capital Allocation - Portfolio purchases totaled $147 million in Q1 2022[4, 6] - The company repurchased $39 million of common stock in Q1 2022 at an average price of $45.88[4, 28] - $128 million remains in the share repurchase authorization[28] Operational Efficiency and Portfolio - The company's cash efficiency ratio remains high at 65.1% in Q1 2022[20] - Estimated Remaining Collections (ERC) is diversified, with 52% in Europe and 40% in the U S [23] - Total Borrowings $2539 million and Debt to Adjusted EBITDA is 1 89x as of March 31, 2022[26]

PRA Group, Inc. (NASDAQ:PRAA) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Lauren Partin - Vice President of Global Financial Planning and Analysis Kevin Stevenson - President and Chief Executive Officer Peter Graham - Executive Vice President and Chief Financial Officer Conference Call Participants Mark Hughes - Truist Securities Spencer James - William Blair Robert Dodd - Raymond James Operator Good evening and welcome to the PRA Group First Quarter 2022 Earnings Conference ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2022 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to ________ Commission File Number: 000-50058 PRA Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...

1 PRA Q4 2021 CONFERENCE CALL PRESENTATION 2 Statements in this presentation, other than statements of historical fact, are forward-looking statements, which are based on our current beliefs, projections, assumptions and expectations concerning future operations and financial performance. Such statements involve uncertainties and risks, some of which are not currently known to us, and may be superseded by future events that could cause actual results to differ materially from those expressed or implied in t ...

PRA Group, Inc. (NASDAQ:PRAA) Q4 2021 Earnings Conference Call February 28, 2022 5:00 PM ET Company Participants Lauren Partin - Vice President of Global Financial Planning and Analysis Kevin Stevenson - President and Chief Executive Officer Peter Graham - Executive Vice President and Chief Financial Officer Conference Call Participants Robert Napoli - William Blair David Scharf - JMP Securities Mark Hughes - Truist Securities Robert Dodd - Raymond James Operator Good afternoon, and welcome to the PRA Gro ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2021 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to ________ Commission File Number: 000-50058 PRA Group, Inc. (Exact name of registrant as specified in its charter) Delaware 75-3078675 (State or other jurisdiction of ...

Financial Data and Key Metrics Changes - In Q3 2021, the company collected $488 million globally, with year-to-date global cash collections reaching almost $1.6 billion, a 4% increase compared to 2020 [9][10] - Net income attributable to the company for the quarter was $34 million, with diluted earnings per share of $0.76 [32] - Total revenues for Q3 were $264 million, representing a 6% growth year-over-year [29] - Operating expenses increased by $7 million to $186 million compared to Q3 2020 [31] - The cash efficiency ratio was 62.4% for Q3 and 65.8% year-to-date, with expectations to maintain a full-year cash efficiency ratio of 64% [35] Business Line Data and Key Metrics Changes - The company invested nearly $400 million in portfolio purchases during Q3, a significant increase of over $200 million from Q3 2020 [10][23] - U.S. cash collections for the first nine months of the year were $1.1 billion, exceeding expectations [32] - European cash collections grew by $29 million or 20% in Q3, with a total increase of $109 million or 26% year-to-date [34] Market Data and Key Metrics Changes - In the Americas, the company invested $172 million, with consumer spending increasing and short-term delinquency rates ticking up [24] - In Europe, the company invested $220 million in Q3, with volumes exceeding any previous year since entering the market [26] Company Strategy and Development Direction - The company is focused on modernizing collections and leveraging digital platforms, which have driven significant improvements in cash collections [13][14] - There is a strategic emphasis on geographic diversification, with a balanced investment approach between the Americas and Europe [23][34] - The company aims to continue expanding its product offerings and market share while maintaining a conservative balance sheet [42][43] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future cash collection trends, anticipating a build-up in volumes in the U.S. market in 2022 [25][60] - The company is confident in its South American investments, citing strong operational capabilities and a solid outlook [62] Other Important Information - The company repurchased $74 million of its common stock during the quarter as part of a $150 million share repurchase plan [12][39] - The company has a strong capital position with $1.4 billion available for portfolio investment at the end of the quarter [40] Q&A Session Summary Question: Insights on the significant jump in purchases and market conditions - Management highlighted the importance of a diverse platform and strategic objectives in expanding products and market share, leading to increased purchasing success [49][50] Question: IRRs in South America compared to other markets - Management confirmed that IRRs in South America are higher but risk-adjusted, with pricing aligning more with 2019 levels [52] Question: Impact of government stimulus on cash collections - Management noted that while there has been some normalization in collections, adjustments to ERC forecasts were made to align with recent performance trends [54] Question: Outlook for the pipeline in Q4 and next year - Management indicated strong European volumes and expected increased purchasing balances and delinquency rates in the U.S. [60] Question: Confidence in the South American portfolio - Management expressed high confidence in the South American portfolio due to established operations and experience in the region [62] Question: Future efficiency and legal spending outlook - Management suggested that current efficiency levels are a good run rate moving forward, with no immediate plans to increase legal spending [64][65]

1 PRA Q3 2021 CONFERENCE CALL PRESENTATION 2 Statements in this presentation, other than statements of historical fact, are forward-looking statements, which are based on our current beliefs, projections, assumptions and expectations concerning future operations and financial performance. Such statements involve uncertainties and risks, some of which are not currently known to us, and may be superseded by future events that could cause actual results to differ materially from those expressed or implied in t ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2021 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ________ to ________ Commission File Number: 000-50058 PRA Group, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...

1 PRA Q2 2021 CONFERENCE CALL PRESENTATION 2 Statements in this presentation, other than statements of historical fact, are forward-looking statements, which are based on our current beliefs, projections, assumptions and expectations concerning future operations and financial performance. Such statements involve uncertainties and risks, some of which are not currently known to us, and may be superseded by future events that could cause actual results to differ materially from those expressed or implied in t ...