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Enova International Announces Acquisition of Grasshopper Bancorp

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Enova International Announces Acquisition of Grasshopper Bancorp

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An announcement from Enova International ( (ENVA) ) is now available.

On December 10, 2025, Enova International announced a definitive agreement to acquire Grasshopper Bancorp, Inc. in a transaction valued at approximately $369 million. This merger aims to combine Enova’s online lending capabilities with Grasshopper’s digital banking infrastructure, creating a more diversified financial services provider. The transaction is expected to close in the second half of 2026, subject to regulatory and stockholder approvals. The merger is anticipated to enhance Enova’s product offerings, expand its market reach, and provide significant financial benefits, including increased earnings per share accretion and strengthened balance sheet flexibility.

The most recent analyst rating on (ENVA) stock is a Buy with a $156.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Spark’s Take on ENVA Stock

According to Spark, TipRanks’ AI Analyst, ENVA is a Outperform.

Enova International’s stock is rated highly due to strong financial performance, robust technical indicators, and strategic corporate actions. The company’s effective cash generation and operational efficiency are significant strengths. However, the high leverage and persistent valuation gap are risks that need monitoring.

To see Spark’s full report on ENVA stock, click here.

More about Enova International

Enova International is a leading online financial services company that provides loans and financing to small businesses and consumers underserved by traditional banks. The company utilizes advanced analytics, machine learning algorithms, and proprietary technology to offer a suite of market-leading products. Grasshopper Bancorp, Inc. is a bank holding company and the sole owner of Grasshopper Bank N.A., a digital bank offering tailored financial solutions for commercial and consumer customers, including fintech-focused Banking-as-a-Service and API banking platforms.

Average Trading Volume: 253,301

Technical Sentiment Signal: Buy

Current Market Cap: $3.4B

See more data about ENVA stock on TipRanks’ Stock Analysis page.

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