Financial Performance - Collections grew significantly, up 63% to $237 million compared to Q3'24, driven by 2023 and 2024 deployments[9] - The company achieved its largest third-quarter deployments in history, totaling $151 million, a 22% increase from Q3'24[9] - Estimated Remaining Collections (ERC) reached a new record of $29 billion, a 27% increase compared to Q3'24, propelled by attractive returns on deployments[9] - Revenue increased by 36% to $151 million compared to Q3'24[9] - Adjusted EPS was $074[9] Efficiency and Profitability - The Cash Efficiency Ratio was 722%[9] - Adjusted Pre-tax Return On Average Equity (ROAE) was 517%[32] Bluestem Portfolio Purchase - Jefferson Capital is set to acquire a credit card asset portfolio from Bluestem Brands for a gross purchase price of $3028 million, representing a face value of approximately $4882 million as of June 30, 2025[29] - The net purchase price at closing, assuming an illustrative date of December 1, 2025, is expected to be approximately $195 million[29] Leverage and Funding - The leverage ratio is 159x, calculated as Net Debt divided by Adjusted Cash EBITDA[32] - The company completed the largest upsize of its Revolving Credit Facility (RCF) in its history, increasing commitments to $1 billion[41]

Financial Performance - Collections showed strong growth, reaching $255.7 million, up 85% compared to Q2 2024[9] - Estimated Remaining Collections (ERC) reached a new record of $2.9 billion, a 31% increase compared to Q2 2024[9] - Revenue grew to $152.7 million, a 47% increase compared to Q2 2024[9] - The company declared a dividend of $0.24 per share, payable on September 4, 2025[9] Efficiency and Profitability - The Cash Efficiency Ratio was 75.9%[9], aided by the Conn's portfolio purchase, with the ratio being 71.8% excluding Conn's portfolio[27] - Adjusted Pre-Tax Return On Average Equity (ROAE) was 58.4%[28] - Adjusted Pre-Tax Income increased by 55% compared to Q2 2024[31] Deployments and ERC - Year-to-date deployments as of June 30, 2025, were $300.5 million, up 24% compared to the same period in 2024[17] - U.S Distressed ERC includes $226.5 million related to the Conn's portfolio purchase[22] - The company expects to collect $889.0 million of the June 30, 2025 ERC balance during the next 12 months[22] Leverage and Funding - The leverage ratio was 1.76x, calculated as Net Debt divided by Adjusted Cash EBITDA[9] - At June 30, 2025, $825 million RCF was undrawn with $51.7 million of unrestricted cash on the balance sheet[35]