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PRA Group Reports Strong 2024 Financial Results

Story Highlights
  • PRA Group is a leader in acquiring and collecting nonperforming loans globally.
  • In 2024, PRA Group achieved $70.6 million net income, with record portfolio purchases and 13% cash collection growth.
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PRA Group Reports Strong 2024 Financial Results

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Pra Group ( (PRAA) ) has provided an announcement.

On February 19, 2025, PRA Group announced its financial results for Q4 and full year 2024, highlighting a transformative year with significant improvements. The company reported a net income attributable to PRA Group of $70.6 million for 2024, alongside record portfolio purchases of $1.4 billion and cash collections of $1.9 billion, marking a 13% growth. These achievements reflect the company’s strategic actions and effective execution, positioning it for continued profitable growth and shareholder value enhancement.

More about Pra Group

PRA Group, Inc. is a global leader in acquiring and collecting nonperforming loans, with a focus on enhancing profitability and expanding its operational initiatives across the U.S. and Europe.

YTD Price Performance: 16.32%

Average Trading Volume: 248,210

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $944.3M

Find detailed analytics on PRAA stock on TipRanks’ Stock Analysis page.

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