Capital ReturnThe company has been an aggressive returner of capital to shareholders over the last 18 months, and further buybacks are expected at the current valuation.
Earnings GrowthShares traded up ~11% following strong fourth-quarter performance and guidance for continued earnings growth in 2025.
Operating PerformanceThe company continued demonstrating operating leverage in 4Q along with higher yields on the portfolio and improving credit performance, leading to strong bottom-line outperformance versus expectations.