Enova Q4 revenue slightly beats estimates

Overview

• Financial services firm's Q4 revenue rose 15%, slightly beating analyst expectations

• Adjusted EPS for Q4 increased 33% yr/yr

• Company repurchased $35 mln of common stock in Q4

Outlook

• Enova expects acquisition of Grasshopper Bancorp to close in the second half of 2026

• Company anticipates balanced growth strategy to deliver sustainable and profitable growth

• Enova aims to enhance digital banking capabilities with Grasshopper acquisition

Result Drivers

• ORIGINATIONS GROWTH - Originations rose 32% in Q4, contributing to revenue growth

• STRONG CREDIT PERFORMANCE - Stable net charge-off ratio and improved 30+ day delinquency ratio reflect solid credit performance

• LIQUIDITY POSITION - Liquidity, including cash and marketable securities, totaled $1.1 bln at year-end

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the consumer lending peer group is "buy"

• Wall Street's median 12-month price target for Enova International Inc is $184.50, about 16.4% above its January 26 closing price of $158.55

• The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nPn1hLnrza

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