PRA (PRAA) - 2024 Q1 - Quarterly Results

PRA Group Reports First Quarter 2024 Results Accelerated Turnaround of U.S. Business Continuing to Gain Momentum NORFOLK, Va., May 6, 2024 - PRA Group, Inc. (Nasdaq: PRAA) (the "Company"), a global leader in acquiring and collecting nonperforming loans, today reported its financial results for the first quarter of 2024 ("Q1 2024"). Q1 2024 Highlights • Total portfolio purchases of $245.8 million. • Total cash collections of $449.5 million. • Estimated remaining collections (ERC)1 of $6.5 billion. • Cash eff ...