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Encore Capital Group Announces First Quarter 2025 Financial Results
Globenewswireยท 2025-05-07 20:05
"Our MCM business in the U.S. continues to deliver very strong results. Empowered by the ongoing favorable supply environment, MCM portfolio purchases in the first quarter were a record $316 million, up 34% compared to the year ago quarter, at very attractive returns. MCM also delivered record collections of $454 million in the first quarter, up 23% compared to Q1 a year ago, driven by superior execution." "Our Cabot business in Europe delivered a solid first quarter. Portfolio purchases of $51 million were ...