Every material Form 8-K Encore Capital Group filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Encore Capital Group reported third-quarter 2026 results, with diluted earnings per share of $5.57, up 76% from $3.17 a year earlier, and net income of $124.0 million, up 66%. The company raised its full-year 2026 guidance, now expecting EPS of $15.50 to $16.00, which shows stronger expected profit for shareholders.
Q3 2026 revenues were $544.5 million, up 18% from $460.4 million a year earlier.
Full-year 2026 guidance: EPS of $15.50 to $16.00, global portfolio purchases of $1.50 billion to $1.55 billion, and global collections of $2.90 billion to $2.95 billion.
Q3 2026 global collections were $753.8 million, up 14%; U.S. unit MCM collected $589 million, up 17%.
The company repurchased about $27 million of its shares in Q3 and about $73 million in the first nine months of 2026.
Encore Capital Group increased its board from eight to nine directors and appointed Robert Beck as an independent director effective August 19, 2026. Beck, former President and CEO of Regional Management Corporation, will serve on the Audit and Risk Committees, and the filing states there are no related party transactions requiring disclosure.
Board size increased from 8 to 9 directors, effective August 19, 2026.
Robert Beck was previously President and CEO of Regional Management Corporation, an NYSE-listed consumer finance company.
The Board determined Beck is independent under Nasdaq listing standards and appointed him to the Audit and Risk Committees.
Beck will receive the standard non-employee director compensation program previously approved by the Board.
Encore Capital reported second-quarter 2026 net income of $64 million, or $2.81 per diluted share, up from $2.49 a year earlier, after $1.00 per share of refinancing costs tied to a $1 billion debt refinancing in May. The company revised its full-year 2026 collections guidance to $2.80 billion to $2.85 billion and now expects 2026 EPS of $13.00 to $14.00.
Q2 2026 net income $64 million ($2.81 diluted EPS) vs. $59 million ($2.49) in Q2 2025; results include $30.5 million of refinancing costs
Global collections rose 13% to $737 million; U.S. portfolio purchases of $372 million were the company's strongest purchasing quarter
Full-year 2026 collections now expected at $2.80 billion to $2.85 billion; EPS expected at $13.00 to $14.00
About $27 million of common stock repurchased in the second quarter
At its June 12, 2026 annual meeting, Encore Capital stockholders approved an amended and restated 2017 Incentive Award Plan that adds 650,000 shares to the reserve, and approved an amendment to exculpate officers from liability. All eight director nominees were elected, and stockholders voted for annual non-binding say-on-pay votes. The filing reports routine annual meeting results with no financial figures.
Amended and restated 2017 Incentive Award Plan approved: 650,000 more shares reserved, one-for-one share counting, and no fixed expiration date.
All eight directors elected, including Michael P. Monaco and Ashish Masih; William C. Goings had the most withheld votes at 1,705,209.
Officer exculpation charter amendment approved, with 16,593,440 votes for and 1,758,739 against; effective upon Delaware filing on June 12, 2026.
Stockholders voted for annual say-on-pay votes; BDO USA, P.C. ratified as independent auditor for fiscal 2026.
Encore Capital Group issued €325.0 million of senior secured floating rate notes due July 15, 2033, under an indenture dated May 28, 2026. The notes are secured by substantially all of the company's and guarantors' assets and bear interest at three-month EURIBOR (0% floor) plus 3.250% per annum. The filing describes new debt financing and does not report any use of proceeds or effect on earnings.
Principal: €325.0 million aggregate principal amount, issued May 28, 2026
Interest: three-month EURIBOR (0% floor) plus 3.250% per annum, reset quarterly
First interest payment July 15, 2026; maturity July 15, 2033
Trustee GLAS Trust Company LLC; security agent Truist Bank; secured by substantially all company and guarantor assets
Encore Capital Group issued $750.0 million of 6.625% senior secured notes due June 1, 2032, under an indenture dated May 22, 2026. The notes are guaranteed by substantially all material subsidiaries and secured by substantially all of the company's and guarantors' assets, adding to the company's secured debt.
Principal amount: $750.0 million, issued May 22, 2026
Interest rate 6.625% per year, paid semi-annually on June 1 and December 1, starting December 1, 2026
Maturity June 1, 2032, unless repurchased or redeemed earlier
Indenture names GLAS Trust Company LLC as trustee and Truist Bank as security agent; full indenture filed as Exhibit 4.1
Encore Capital reported first quarter 2026 net income of $86.2 million, up 84% from a year earlier, on revenue of $475.4 million, up 21%. The company raised its full-year 2026 collections guidance to approximately $2.8 billion and its earnings per share guidance to $13.00, an increase of 19%, while keeping its portfolio purchase outlook unchanged at $1.4 billion to $1.5 billion.
Q1 2026 diluted EPS was $3.86, up from $1.93 in Q1 2025; net income was $86.2 million.
Q1 collections were a record $718.4 million, up 19%; U.S. MCM collections were $556 million, up 23%.
Full-year 2026 guidance: collections of approximately $2.8 billion (up 8%) and EPS of $13.00 (up 19%).
The company repurchased $20 million of its common stock in the first quarter.
Encore Capital Group's board adopted amended and restated bylaws on March 18, 2026, tightening disclosure and procedural requirements for stockholder director nominations and business proposals. Director Wendy Hannam also said she will not stand for re-election at the 2026 Annual Meeting, though she remains on the board until then and the filing says her decision was not due to a disagreement with the company.
Board approved and adopted amended and restated bylaws on March 18, 2026, effective the same day
Bylaw changes expand disclosure for stockholder nominations, including beneficial ownership and derivative holdings, and let the board rule out improperly brought business before a meeting
Wendy Hannam notified the company on March 18, 2026 that she will not stand for re-election; she serves until the 2026 Annual Meeting
The filing states her decision was not the result of any disagreement with the company
Encore Capital Group reported fourth-quarter and full-year 2025 results, with full-year net income of $256.8 million, or $10.91 per diluted share, compared with a net loss of $139.2 million in 2024. The company projects 2026 earnings per share of $12.00, an increase of 10%, and global collections of $2.7 billion, up 5%.
Full-year 2025 revenues were $1.77 billion, up 34% from $1.32 billion in 2024.
Fourth-quarter 2025 net income was $76.7 million, or $3.37 per diluted share, versus a net loss of $225.3 million, or $9.42 per share, in the same quarter of 2024.
The company repurchased about 9% of its shares outstanding in 2025 for $89.5 million.
For 2026, the company expects global portfolio purchases of $1.4 billion to $1.5 billion.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Encore Capital Group filing is on SEC EDGAR ↗. 8-K briefs of other companies →