SAN DIEGO — April 23, 2024 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has established a partnership with Junior Achievement USA, the nation’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for the future, and make…

SAN DIEGO, March 28, 2023 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that John Yung has been appointed President of International and Cabot Credit Management, effective May 8, 2023. He will be responsible for Encore’s Cabot business, which is based in the U.K. and Europe, while continuing…

Contribution marks over Rs. 100 million of support for local charities and communities since 2018 Gurugram, Haryana, India - March 10, 2023 - Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company headquartered in the United States, today announced, through its operations in India, a commitment of an additional Rs. 17 million to support…

Survey of 3,000 U.S. and U.K. Adults Explores Changing Perspectives on Personal Finances and the Economy, Impacts of High Inflation Rates and Past-Due Debt, and Pathways to Economic Freedom SAN DIEGO - February 27, 2023 - Encore Capital Group, Inc. (Encore) (Nasdaq: ECPG), an international specialty finance company, today announced the findings of its second Economic…

SAN DIEGO, July 12, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been named a CEO of the Year by the San Diego Business Journal in its large public company category. Masih was selected on the strength of Encore’s…

SAN DIEGO, June 23, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that Andrew Asch will be promoted to the role of Senior Vice President, General Counsel effective August 15, 2022. Asch has been with the company since 2010 and currently serves as Senior Vice President, General…

GAAP net income of $176 million, 86% higher than Q1 2021 GAAP EPS of $6.40, 115% higher than Q1 2021 Better-than-expected collections of $519 million leads to increased collection expectations SAN DIEGO, May 04, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the…

Survey of 2,600 Adults in the U.S. and U.K. Probes Perspectives on Personal Finance and the Economy, Impacts of COVID-19 and What it Means to Achieve Economic Freedom   SAN DIEGO, December 1, 2021 — Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, today announced the findings of its first Economic Freedom Study. The…

SAN DIEGO, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it had amended and restated its existing global senior secured revolving credit facility agreement to, among other things, reduce the LIBOR and EURIBOR floors from 0.75% to 0.00% and extend the termination date of…

Record collections of $612 million  GAAP net income of $97 million  GAAP EPS of $3.07  Leverage of 1.9x, down from 2.4x a year ago Share repurchases of $27M in Q2 2021 SAN DIEGO, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for…

SAN DIEGO, July 19, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter 2021 on Wednesday, August 4, 2021, after the market closes. The Company will also host a conference call and slide presentation the same day at…

SAN DIEGO, July 19, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that Steve Carmichael has been appointed to the role of Senior Vice President, Chief Risk and Compliance Officer. He will report to Encore’s President and CEO, Ashish Masih, serve on the company’s Executive Leadership Team,…

SAN DIEGO, June 01, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed its offering of £250 million aggregate principal amount of 4.25% senior secured notes due 2028. Encore used the proceeds from the offering to redeem in full the outstanding £226.2 million 7.50%…

SAN DIEGO, May 18, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced the pricing of its offering of £250.0 million aggregate principal amount of 4.250% senior secured notes due 2028 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933,…

SAN DIEGO, May 17, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced its intention to offer, subject to market and other conditions, £250.0 million aggregate principal amount of senior secured notes due 2028 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities…

Record collections of $606 million GAAP net income of $95 million  GAAP EPS of $2.97  Leverage reduction continued, down to 2.1x from 2.6x a year ago Share repurchases of $20M in Q1 2021 SAN DIEGO, May 05, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the first quarter ended March 31, 2021. “The first…

SAN DIEGO, April 20, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter 2021 on Wednesday, May 5, 2021, after the market closes. The Company will also host a conference call and slide presentation the same day at…

SAN DIEGO, April 20, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter 2021 on Wednesday, May 5, 2021, after the market closes. The Company will also host a conference call and slide presentation the same day at…

SAN DIEGO, March 02, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, will be meeting with investors at the virtual Raymond James 42nd…

SAN DIEGO, March 02, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, will be meeting with investors at the virtual Raymond James 42nd…

SAN DIEGO, Feb. 26, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Global Investor Relations, will be meeting with investors at the virtual Credit Suisse 22nd…

Encore delivers records for collections, revenues and earnings for the year GAAP net income of $212 million in 2020, up 26% GAAP EPS of $6.68 in 2020, up 25% New global funding structure already delivering benefits, including lower cost of funds Leverage reduction continues, down to 2.4x at year-end from 2.7x a year ago SAN DIEGO,…

SAN DIEGO, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full year 2020 on Wednesday, February 24, 2021, after the market closes. The Company will also host a conference call and slide presentation the…

SAN DIEGO, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed its offering of €415.0 million (upsized from €275.0 million) aggregate principal amount of senior secured floating rate notes due 2028 with a coupon of three-month EURIBOR (subject to a 0% floor)…

Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced the pricing of its offering of €415.0 million aggregate principal amount of senior secured floating rate notes due 2028 (the “notes”) with a coupon of three-month EURIBOR (subject to a 0% floor) plus 4.250%, which was upsized by €140.0 million from €275.0 million, in a private…

Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced its intention to offer, subject to market and other conditions, €275.0 million aggregate principal amount of senior secured floating rate notes due 2027 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the…

Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed its offering of £300.0 million aggregate principal amount of 5.375% senior secured notes due 2026, which was upsized by £50.0 million from £250.0 million. Encore used the proceeds from the offering to redeem £286.7 million of outstanding 7.5% senior…

Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced the pricing of its offering of £300.0 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”), which was upsized by £50.0 million from £250.0 million, in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of…

Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced its intention to offer, subject to market and other conditions, £250.0 million aggregate principal amount of senior secured notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”)…

• GAAP net income up 41% to $55 million, or $1.72 per share • Non-GAAP adjusted net income up 42% to $74 million, or $2.31 per share • Global collections grew 8% to a record $540 million • Estimated Remaining Collections (ERC) grew 15% to a record $8.5 billion Encore Capital Group, Inc. (NASDAQ: ECPG), an…

One-time $15 million payment to the CFPB, $9 thousand in total redress to 14 consumers No incremental operational impact Encore Capital Group, Inc. (NASDAQ: ECPG) today announced the resolution of a lawsuit filed last month by the Consumer Financial Protection Bureau (CFPB) against the company and its U.S. subsidiaries. The principal focus of the suit's allegations…

Gurugram, India, October 8, 2020 — Also designated one of the “100 Best Companies for Women in India” for third consecutive year The Working Mother Research Institute (WMRI), in partnership with the Avtar Group, India’s leading diversity advocate and workplace inclusion authority, has awarded Encore’s India-based operations, through its subsidiary, Midland Credit Management (MCM), two awards…

Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has completed the implementation of its new global funding structure. “The completion of our new global funding structure is a pivotal event in the evolution of Encore,” said Ashish Masih, President and Chief Executive Officer. “We successfully combined the balance sheets…

Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced the pricing of its offering of €350.0 million aggregate principal amount of 4.875% senior secured notes due 2025 (the “notes”), which was upsized by €50.0 million from €300.0 million, in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of…

Earlier today, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Encore Capital Group, Inc. (NASDAQ: ECPG) and its U.S.-based subsidiaries Midland Funding, LLC, Midland Credit Management, Inc. and Asset Acceptance Capital Corp.  The suit alleges that the defendants failed to implement certain practices required under a consent order entered with the CFPB in September…

Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced its intention to offer, subject to market and other conditions, €300,000,000 aggregate principal amount of senior secured notes due 2025 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and outside the…

Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that it has taken important steps toward its goal of operational simplification and funding optimization. Currently, Encore’s two primary operating units, Midland Credit Management (“MCM”) in the U.S. and Cabot Credit Management (“Cabot”) in the U.K., have legally separate funding structures.  On September…

Record GAAP net income of $130 million, or $4.13 per share Record non-GAAP adjusted net income of $137 million, or $4.34 per share Record global revenues grew 23% to $426 million Ended Q2 with Company’s strongest ever liquidity position SAN DIEGO, Aug. 05, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the second quarter…

SAN DIEGO, July 20, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2020 on Wednesday, August 5, 2020, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

GAAP loss of $(0.33) per share and non-GAAP Economic loss of $(0.19) per share includes $2.77 per share negative impact of COVID-19-related collections forecast revisions Record global cash collections of $527 million Global revenues of $289 million are net of a $109 million non-cash charge due to COVID-19-related collections forecast revisions SAN DIEGO, May 11, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today…

SAN DIEGO, April 20, 2020 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2020 on Monday, May 11, 2020, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

CORRECTED RELEASE: This press release reflects revisions made to correct a classification error in the unaudited statement of operations for the three months ended December 31, 2019 between servicing revenue and other revenues. The corrected release follows: Encore Capital Group Announces Fourth Quarter and Full-Year 2019 Financial Results • Encore delivers new records for collections, revenues,…

SAN DIEGO, February 12, 2020 -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full-year of 2019 on Wednesday, February 26, 2020, after the market closes. The Company will also host a conference call and slide presentation the same day…

SAN DIEGO, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, today announced that Ken Stannard will be stepping down from his role as Executive Director and Chief Executive Officer of its European subsidiary, Cabot Credit Management and, subject to certain regulatory approvals, has appointed Craig Buick as his successor, effective at the end of 2019. “Under Ken’s leadership,…

Organization Recognizes Encore as ‘Winning (W)’ Company for Commitment to Diversity SAN DIEGO, Nov. 21, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, has been recognized as a “Winning (W)” company by 2020 Women on Boards for its commitment to board-level diversity. Over one-quarter of Encore’s current eleven board directors (and beginning in June 2020, one-third of…

GAAP EPS of $1.23 per share and record non-GAAP Economic EPS of $1.64 per share Encore global revenues up 6% to a record $356 million MCM (United States) portfolio purchases up 41% to $173 million and on track for record in 2019 SAN DIEGO, Nov. 06, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for…

Fourth quarter revenues increase 8% to a record $298 million Fourth quarter Non-GAAP Economic EPS increases 12% to $1.31 Estimated Remaining Collections increase to record $5.7 billion Encore deploys $345 million worldwide in fourth quarter Encore reaches agreement to sell its tax lien subsidiary, Propel Financial Services SAN DIEGO, Feb. 24, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing…

Encore to Contribute to Two Panels on ‘Compliance & Ethics In The Future’ and ‘Leveraging Middle Managers’ SAN DIEGO, Sept. 16, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced that Vice President and Chief Compliance Officer Doris Hektor and Director, Corporate Compliance LeeSa Geelhood will join Consero’s 2016 Corporate Compliance & Ethics Forum to be held Sept.…

SAN DIEGO, April 25, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2017 on Thursday, May 4, 2017, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

SAN DIEGO, Feb. 09, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full-year of 2015 on Wednesday, February 24, 2016, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00…

- Encore Cites Expanded Opportunities to Invest Capital for Greater Returns - Transaction Expected to Establish Propel’s Enterprise Value at More Than $340 Million - Sale Expected to Generate More Than $150 Million of After-Tax Proceeds for Encore SAN DIEGO, Feb. 24, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG), an international specialty finance company, today announced that it entered into an agreement to sell…

SAN DIEGO, March 04, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced today that Kenneth A. Vecchione, the Company’s President and Chief Executive Officer, and Jonathan Clark, its Executive Vice President and Chief Financial Officer, will be participating in discussions hosted by the sponsoring firm and meeting with the investment community at the Raymond James 37th Annual Institutional…

Transaction Provides Expanded Opportunities to Invest Capital for Greater Returns, Generates More than $150 Million in After-Tax Proceeds for EncoreSAN DIEGO, March 31, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG), an international specialty finance company, today announced that it has completed the previously announced sale of its wholly owned subsidiary Propel Financial Services to Prophet Capital Asset Management, an Austin, Texas-based Registered…

SAN DIEGO, April 26, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2016 on Tuesday, May 10, 2016, after the market closes. The Company will also host a conference call and slide presentation the same day at 1:30 p.m. Pacific / 4:30 p.m. Eastern…

SAN DIEGO, May 05, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG), an international specialty finance company, announced that Kelly MacBeth, Sr. Corporate Counsel and Xenia Murphy, Director of Legal Outsourcing, will present at the National Association of Retail Collection Attorneys (NARCA) Spring conference on Friday, May 6, 2016 at the Sheraton Grand Chicago. Their presentation will speak to the client perspective as it relates to law…

GAAP EPS from continuing operations increases 11% to $1.12 Non-GAAP Economic EPS from continuing operations increases 13% to $1.31 SAN DIEGO, May 10, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad range of assets, today reported consolidated financial results for the first quarter ended March…

SAN DIEGO, June 13, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad range of assets, announced today that Kenneth A. Vecchione, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Investor Relations, will be meeting…

SAN DIEGO, July 28, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2016 on Thursday, August 4, 2016, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

GAAP EPS from continuing operations increases 18% to $1.14 Non-GAAP Economic EPS from continuing operations increases 7% to $1.29 SAN DIEGO, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the second quarter ended June 30, 2016. “In…

Encore employees will volunteer more than 2,000 hours in 10 global locations as part of company’s Corporate Social Responsibility effortsSAN DIEGO, Sept. 16, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today announced it will hold its fourth annual Global Volunteer Day on Saturday, Sept. 17, 2016 in San Diego, CA, Phoenix, AZ, Troy, MI, Roanoke, VA, St. Cloud, MN, Tampa,…

New Law Will Provide Greater Transparency and Quicker Resolution of Identity Theft and Fraud Claims SAN DIEGO, Sept. 19, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), a San Diego-based international specialty finance company, recently announced that California Governor Edmund G. Brown, Jr. signed into law Friday Encore-supported legislation to help victims of identity theft and fraud. Prior to reaching the Governor’s desk, California…

SAN DIEGO, Oct. 26, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter of 2016 on Wednesday, November 9, 2016, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

Deployments of $206 million worldwide included $142 million in the U.S. Encore’s share of portfolio allowance charge was $37 million after tax SAN DIEGO, Nov. 09, 2016 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the third quarter ended September 30, 2016. “The U.S.…

SAN DIEGO, Feb. 14, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter of 2016 on Thursday, February 23, 2017, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

Fourth quarter deployments of $210 million worldwide included $148 million in the U.S. Estimated Remaining Collections increased to $5.8 billion Encore and J.C. Flowers exploring a potential Cabot IPO SAN DIEGO, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2016. “Encore continued to see the…

SAN DIEGO, Feb. 27, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG) (the “Company”) today announced that it intends to offer, subject to market and other conditions, $125,000,000 aggregate principal amount of convertible senior notes due 2022 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities…

SAN DIEGO, Feb. 28, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG) (the “Company”) today upsized and priced $150,000,000 aggregate principal amount of 3.25% convertible senior notes due 2022 (the “notes”) to be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).  The notes will be the Company's senior unsecured…

SAN DIEGO, June 09, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company providing debt recovery solutions for consumers, announced today that Ashish Masih, President of Encore’s Midland Credit Management subsidiary and soon-to-be President and Chief Executive Officer of Encore, Paul Grinberg, International Group Executive and soon-to-be President, International, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas,…

Encore sets new records for portfolio purchases, collections, revenues and estimated remaining collections GAAP EPS from continuing operations increases 30% to $1.00 per share Non-GAAP Economic EPS from continuing operations increases 51% to $1.33 per share SAN DIEGO, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range…

Encore Recognized for Contributions to Building Sustainable Careers for Women in 2018 Study by AVTAR Group, Working Mother Media NEW DELHI, India, Sept. 25, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today announced that it was selected as one of the 100 Best Companies for Women in India in a 2018 study by AVTAR Group and Working Mother…

- Chief Information Security Officer’s keynote speech to highlight Encore’s innovative approach to protecting consumers’ data - SAN DIEGO, Sept. 12, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced that Tina Lovoy, Chief Information Security Officer (CISO) and Eric Kraus, Senior Manager, IT Global Development Operations, will be keynote speakers at both Delivery of Things…

SAN DIEGO, Aug. 08, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced today the appointment of Richard Stovsky as a new member of its board of directors. Mr. Stovsky will serve on Encore’s Audit Committee and Risk and Information Security Committee. Mr. Stovsky recently retired from PricewaterhouseCoopers LLP.  He joined PwC in 1983 and served in…

- Accretive to earnings in 2018 and beyond - - Earnings growth per share expected to accelerate to at least 20 percent in 2018 - SAN DIEGO, July 24, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG) today announced that it has completed its acquisition of the remaining interest in Cabot Credit Management (Cabot), one of the largest credit management services providers…

SAN DIEGO, July 18, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG) (“Encore Capital” and together with its subsidiaries, “Encore”) announced today the pricing of an underwritten public offering of $150,000,000 aggregate principal amount of exchangeable senior notes due 2023 (the “notes”) issued by its wholly owned subsidiary, Encore Capital Europe Finance Limited (“Encore Finance”), at a price to the public of 100%…

SAN DIEGO, July 16, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG) (“Encore Capital” and together with its subsidiaries, “Encore”) announced today that it has commenced an underwritten public offering of exchangeable notes. Encore Capital Europe Finance Limited (“Encore Finance”), a 100% owned subsidiary of Encore Capital, intends to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of its exchangeable…

SAN DIEGO, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter of 2017 on Wednesday, February 21, 2018, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

SAN DIEGO, Nov. 16, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG) today announced that its U.K.-based subsidiary Cabot Credit Management has decided to not go forward with its previously announced initial public offering as a result of unfavorable equity market conditions in the U.K. “Our fundamental view of Cabot as a clear leader in the European debt recovery market remains unchanged,” said Ashish Masih,…

SAN DIEGO, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG) today announced that Willem Mesdag has resigned from its Board of Directors effective November 1, 2017. Mr. Mesdag had served on the Board since May 2007 and as the Company’s non-executive Chairman since February 2014. With the announcement of Mr. Mesdag’s departure, the Board unanimously elected Michael Monaco, a current independent director, as Chairman. “This…

Improved global collections and favorable U.S. market conditions drive higher returns Estimated Remaining Collections of $6.6 billion establishes new all-time high SAN DIEGO, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the third quarter ended September 30,…

SAN DIEGO, Oct. 20, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter of 2017 on Thursday, November 2, 2017, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

Acquisition to Further Strengthen Encore Leadership in U.K. Market SAN DIEGO, Aug. 24, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Encore) an international specialty finance company (NASDAQ:ECPG), today announced that its subsidiary, U.K.-based Cabot Credit Management (Cabot), has entered into an agreement to acquire Wescot Credit Services Limited, a leading U.K. contingency debt collection and business process outsourcing (BPO) services company. Encore acquired a…

Triple Win at Industry Awards Oct. 30, 2019  – Cabot Credit Management, one of the largest credit management service providers in Europe, has won three awards at the Collections and Customer Service Awards 2019 – Debt Purchaser of the Year and Best Vulnerable Customer Support – Strategy  - with Cabot Financial and – Best Legal Service…

SAN DIEGO, Oct. 17, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter of 2019 on Wednesday, November 6, 2019, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

SAN DIEGO, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) announced today the election of Angela Knight CBE and Jeffrey A. Hilzinger to the Encore Board of Directors. A former member of the British Parliament, Ms. Knight served as chief executive of the British Bankers’ Association for five years, after which she…

Considered among 100 Best Companies for Women in India and a Champion of Inclusion Gurugram, India, September 25, 2019 — The Working Mother Research Institute (WMRI), in partnership with the AVTAR Group, India’s leading diversity advocate and workplace inclusion authority, has announced that Encore’s India-based operations, through its subsidiary, Midland Credit Management (MCM), has earned two…

SAN DIEGO, Sept. 16, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), today announced that Tracy Ting has been appointed to the role of Senior Vice President, Chief Human Resources Officer (CHRO). She will report to Encore’s President and CEO Ashish Masih. “Our mission is to help people recover from financial difficulty and turn…

SAN DIEGO, Sept. 05, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) (“Encore”) today announced the pricing of its offering of $100,000,000 aggregate principal amount of 3.25% convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended…

SAN DIEGO, Sept. 03, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG) (“Encore”) today announced its intention to offer, subject to market and other conditions, $100,000,000 aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of…

Sale Underscores Encore’s Continued Focus on Market Leadership in the U.S. and U.K. SAN DIEGO, Aug. 16, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq: ECPG), an international specialty finance company, announced today that it has completed the sale of its Baycorp subsidiary to Credit Corp Group, a debt purchaser and debt collection company headquartered in Sydney, Australia. Baycorp specializes in the management of non-performing loans…

Encore sets new records for global cash collections and estimated remaining collections MCM sets new records for cash collections and revenues in the U.S. GAAP EPS of $1.17 per share and non-GAAP Economic EPS of $1.28 per share, which both include a $0.23 per share expense related to the June refinancing of Cabot’s debt that was maturing in 2021 SAN DIEGO, Aug.…

SAN DIEGO, July 18, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2019 on Wednesday, August 7, 2019, after the market closes. The Company will also host a conference call and slide presentation the same day…

SAN DIEGO, June 05, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that members of the Company’s management team will be meeting with investors at the William Blair Growth Stock Conference in Chicago on Thursday, June 6, 2019. In addition, the Company will be making a presentation at…

SAN DIEGO, May 22, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), today announced  that Monique Dumais has been appointed to the role of Chief Information Officer (CIO) for both the parent company, Encore Capital Group, as well as for its U.S. business, Midland Credit Management (MCM). “Technology plays an integral role in all…

Encore sets new records for earnings, global cash collections and estimated remaining collections GAAP EPS of $1.57 per share Non-GAAP Economic EPS of $1.46 per share SAN DIEGO, May 08, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today reported consolidated financial results for the first quarter ended March 31, 2019. “In the first…

SAN DIEGO, April 24, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2019 on Wednesday, May 8, 2019, after the market closes. The Company will also host a conference call and slide presentation the same day…

Second win for its legal arm, Mortimer Clarke Solicitors Cabot Credit Management, a market leader in European Credit Management, has won two awards at the industry renowned Credit Excellence event – one for Best Use of Technology in conjunction with CallMiner and the other for the Best Law Firm. This is the second time that its…

Mortimer Clarke Solicitors (MCS), the law firm in the Cabot Credit Management Group (CCM), a market leader in European Credit Management, was awarded the Best Legal Services Provider at the Collections & Customer Service Awards on 21 November in Manchester. This is the second win in the space of a few weeks, as MCS were awarded…

11 March 2019 – Cabot Financial, the debt purchase arm for the Cabot Credit Management Group (CCM), raised £122,633 for two children’s hospices last year with £94,212 being donated to Demelza in Kent and £28,421 to Chestnut Tree House in Sussex. Cabot Financial has two sites in the UK, one in Kings Hill, Kent and one…

20 March 2019 – Cabot Credit Management won Employee Engagement Strategy of the Year Award at the Institute of Customer Service UK Satisfaction Awards held at the Hilton, Park Lane, London on 5 March. In this category companies had to demonstrate an employee engagement strategy that has led to an improvement in performance and customer satisfaction.…

Cabot Financial has selected the British Heart Foundation, the biggest independent funder of cardiovascular research in the UK, as its new corporate charity partner for 2019. The partnership will help in the charity’s aim of increasing awareness of heart and circulatory disease, raising funds for vital research into heart and circulatory conditions as well as train Cabot colleagues in…

– Day includes 500 volunteers working 2,500 volunteer hours in 10 global locations – SAN DIEGO, April 12, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it will hold its seventh annual Global Volunteer Day on Saturday, April 13. Activities will take place in 10 locations around the world, including the company’s…

SAN DIEGO, April 08, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that Doris Hektor, Ph.D., has been appointed Managing Vice President and Chief Risk Officer. In this role, she will continue to expand Encore’s global enterprise risk management framework. Dr. Hektor will report to the Risk…

Ranked first in the ITeS category for second consecutive year New Delhi, July 09, 2014: Encore India, a wholly-owned subsidiary of Encore Capital Group, has earned 13th place in this year’s The Economic Times-Great Places to Work Study in India.  The company was rated in the top position in the IT enabled services (ITeS) category for…

SAN DIEGO, Aug. 7, 2014 /PRNewswire/ — Encore Capital Group, Inc. (Encore), a global specialty finance company (NASDAQ: ECPG), today announced that it has acquired Atlantic Credit & Finance (ACF), a leader in collecting fresh, higher-balance accounts, for approximately $70 million in cash. Encore also made additional payments totaling approximately $126 million to retire certain indebtedness…

SAN DIEGO, Aug. 7, 2014 /PRNewswire/ — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced the appointment of Michael P. Monaco to its Board of Directors. Monaco, currently a senior managing director at CDG Group LLC and previously executive vice president and chief financial officer of the American Express Company, has…

SAN DIEGO, CA, Nov. 5, 2014 – Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it has become a national partner of the Jump$tart Coalition for Personal Financial Literacy. The organization’s mission is to educate and prepare US youth for life-long financial success through financial literacy education. “Jump$tart works to ensure…

SAN DIEGO, Dec. 4, 2014 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it is providing $124,000 in scholarships to students at 43 community colleges across the country, as part of its new national program, the Encore Capital Group Scholarship Fund. The program, Encore’s largest philanthropic initiative to date, will…

Gurgaon, Haryana, India – February 16, 2015 – Encore India, a wholly-owned subsidiary of Encore Capital Group (also known as Midland Credit Management India Private Ltd.), has been recognized as the 19th Best Place to Work in this year’s Great Place to Work Survey in Asia.   More than 900 companies participated in the list studies…

St. Cloud, MN, Feb. 17, 2015 – St. Cloud Technical & Community College today announced the four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company with operations in St. Cloud, created the program to support students as they work to obtain an…

Newark, NJ, March 4, 2015 – Essex County College in Newark today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company with operations in Roseland, created the program to support students as they work to obtain an advanced degree. The program,…

McAllen, TX, March 13, 2015 – South Texas College in McAllen today announced two $1,000 winners of the Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company with operations in McAllen, created the program to support students as they work to obtain an advanced degree. The program,…

10 Employees Also Honored San Diego, CA, April 1, 2015 – Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, along with 10 of its employees, have received the Presidential Volunteer Service Award, a national honor that recognizes companies and citizens who answer the call to community service. Encore achieved Silver Level status for…

Warren, MI, April 7, 2015 – Macomb Community College in Warren today announced two $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company with operations in Warren, created the program to support students as they work to obtain an advanced degree. The program,…

SAN DIEGO – April 29, 2015 – San Diego Miramar College today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program,…

SAN DIEGO – April 29, 2015 – San Diego City College in San Diego today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced…

SAN DIEGO — May 1, 2015 – San Diego Mesa College today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program,…

— Legislation Would Help Millions of Americans on Their Path to Financial Well-Being — SAN DIEGO, July 21, 2015 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced today that it has taken its consumer-centric focus to a new level by collaborating with U.S. Reps. Scott Peters (CA-52) and Duncan Hunter (CA-50)…

– One-time charge of $43 million – Removes uncertainty in the business going forward – Earnings growth trajectory remains intact SAN DIEGO — Sept. 9, 2015 — Encore Capital Group, Inc. (Encore), an international specialty finance company (NASDAQ: ECPG), today announced it has entered into a settlement agreement with the Consumer Financial Protection Bureau (CFPB). The…

– Panel will Focus on Creating and Sustaining an Organizational Culture of Compliance – SAN DIEGO, Calif., Dec 2, 2015 — Encore Capital Group (NASDAQ: ECPG), an international specialty finance company, announced that Vice President and Chief Compliance Officer Doris Hektor will join the faculty for Consero’s 2015 Corporate Compliance & Ethics Forum to be held Dec.…

–Hektor Shares her Experience at Encore on Sustaining an Organizational Culture of Compliance– SAN DIEGO, Calif., January 19, 2016 — Encore Capital Group (NASDAQ: ECPG), an international specialty finance company, announced that Vice President and Chief Compliance Officer Doris Hektor recently addressed the faculty for Consero’s 2015 Corporate Compliance & Ethics Forum at the Fairmont San…

– Bill Provides Greater Transparency and Quicker Resolution of Identity Theft and Fraud Claims – SAN DIEGO, Calif., January 28, 2016 — Encore Capital Group, Inc. (NASDAQ: ECPG), a San Diego-based international specialty finance company, announced today that it is partnering with California State Assemblyman Bill Dodd (D-Napa) on consumer-focused legislation to provide prompt relief for victims…

– Compliance Designation Renewed Following Rigorous Third-Party Audit – SAN DIEGO, Calif., February 8, 2016 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced it has been recertified by the DBA International Program as a Certified Professional Receivables Company (CRPC), after a stringent independent third party audit of Encore’s practices and controls. The…

– Chamber Establishes Elite Group of Young Business and Advocacy Minds in Region SAN DIEGO, Calif., Feb. 11, 2016 — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced that Blake Hern, the company’s Director of Global Technology & Security, has been selected from over 100 applicants to serve on the San Diego Regional…

– Only Company in Debt Purchasing Industry With Consumer Bill of Rights – SAN DIEGO, Calif., Feb. 29, 2016 — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today announced it has expanded its Consumer Bill of Rights to proactively identify customers on active military duty, subsequently halting all collections on their accounts. Encore…

SAN DIEGO, Calif., March 25, 2016 –Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, has received The President’s Volunteer Service Award, a national honor that recognizes companies and individuals for their community service. Encore’s individual award recipients, 34 in total, helped the company achieve gold level status by providing over 2,750 hours of service…

– Encore has supported the nonprofit coalition and original promoter of April as Financial Literacy Month since 2014– SAN DIEGO, Calif., April 14, 2016 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced it has renewed its commitment to Financial Literacy as a national partner with Jump$tart Coalition® for Personal Financial Literacy.…

—Bill Provides Greater Transparency and Quicker Resolution of Identity Theft and Fraud Claims— SAN DIEGO, Calif., May 12, 2016, — Encore Capital Group, Inc. (NASDAQ:ECPG), a San Diego-based international specialty finance company, recently announced that the California Assembly has unanimously passed Encore-supported legislation to help victims of identity theft and fraud. California Assembly Bill 1723 passed…

SAN DIEGO, CA, May 19, 2016 – Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced it has awarded $117,000 in scholarships to students at 40 community colleges across the country, as part of its national program, the Encore Capital Group Scholarship Fund. The program, in its second year, will provide students with…

– New solution will help consumers move forward after repaying their debts – SAN DIEGO, January 10, 2017 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it has enhanced its credit reporting policy for collections tradelines, dramatically shortening the time certain negative information remains on a consumer’s credit report. Now,…

– Encore to Contribute to Two Panels on ‘Navigating Debt Buying in a Regulation by Enforcement Environment’ and the ‘Chief Compliance Officer Forum’ – SAN DIEGO, CA, January 30, 2017 — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced that Vice President and Chief Compliance Officer Doris Hektor and Division General Counsel of…

SAN DIEGO, February 15, 2017 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it has become ISO 27001:2013 certified as part of its continued efforts to protect consumer information. To demonstrate this commitment, Encore underwent formal certification of its Information Security Management System (“ISMS”) by an independent third party registrar…

SAN DIEGO, April 21, 2017 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it will hold its fifth annual Global Volunteer Day on Saturday April 22, in San Diego, CA, Phoenix, AZ, San Antonio, TX and St. Cloud, MN and five other locations (*see below) bringing together 300 employees who…

– Improved pricing and supply in the U.S. market driving better returns – Higher purchase price multiples reflect more efficient capital deployment SAN DIEGO, May 04, 2017. Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the…

SAN DIEGO, May 04, 2017 (GLOBE NEWSWIRE) — Encore Capital Group (NASDAQ:ECPG) today announced that President and Chief Executive Officer (CEO) Ken Vecchione will be leaving the company to become the President of Western Alliance Bancorporation. Following Encore’s long-established succession plan, Ashish Masih will become Encore’s President and CEO, which follows his recent appointment as President…

SAN DIEGO, May 16, 2017 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today announced that its subsidiary Midland Funding prevailed in the case Midland Funding, LLC v. Johnson, which was before the Supreme Court of the United States. The high court reversed the U.S. Court of Appeals for the Eleventh…

– Program allows employee volunteers to provide financial basics to high school and college students – SAN DIEGO, June 6, 2017 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced its financial literacy program, Money Matters. This initiative, part of Encore’s Corporate Social Responsibility program, promotes financial literacy in schools by having…

Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2017 on Thursday, August 3, 2017, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

SAN DIEGO, Aug. 03, 2017 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the second quarter ended June 30, 2017. “The second quarter for Encore was a period of solid financial and operational…

~ Atlantic Credit and Finance, a subsidiary of Encore Capital Group, to invest $4 million for expansion ~ RICHMOND – Governor Terry McAuliffe today announced that Atlantic Credit and Finance, (ACF), a subsidiary of Encore Capital Group, and a leading servicer of unsecured, consumer-distressed assets, will invest $4 million to expand its operations in the City…

SAN DIEGO, Feb. 21, 2018 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today reported consolidated financial results for the fourth quarter and full year ended December 31, 2017. “In the fourth quarter, Encore continued to benefit from the growing supply of charged-off credit card receivables in the U.S. market, with…

Encore to provide $50,000 in donations to Habitat and other charitable organizations – – Day includes 500 volunteers working 2,500 volunteer hours in 16 global locations – SAN DIEGO, April 26, 2018 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced it will hold its sixth annual Global Volunteer Day on Saturday,…

SAN DIEGO, April 26, 2018 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2018 on Tuesday, May 8, 2018, after the market closes. The Company will also host a conference call and slide presentation the same day…

SAN DIEGO, May 08, 2018 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (Nasdaq:ECPG) today announced an agreement to purchase the remaining interest in Cabot Credit Management (Cabot) from existing shareholders, including J.C. Flowers & Co., for 5 million shares of Encore common stock and £175.5 million (approximately $238.2 million), which will result in Cabot becoming a…

SAN DIEGO, May 08, 2018 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the first quarter ended March 31, 2018. In a separate press release today, the Company announced an agreement to acquire…

SAN DIEGO, July 16, 2018 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2018 on Wednesday, August 8, 2018, after the market closes. The Company will also host a conference call and slide presentation the same day…

Gurugram, India, October 10, 2018 — The Encore Asset Reconstruction Company (Encore ARC) today announced that Mr. S. S. Mundra, Former Deputy Governor of the Reserve Bank of India, has joined the company’s advisory board. Encore ARC is a subsidiary of international specialty finance company Encore Capital Group, Inc. (NASDAQ: ECPG). Mr. Ashish Masih, President &…

Encore sets new records for collections, revenues and profits for the year  Record GAAP EPS from continuing operations of $4.06 in 2018, up 28% Record Economic EPS from continuing operations of $4.98 in 2018, up 23% 2018 global deployments of $1.13 billion, including a record $638 million in the U.S. SAN DIEGO, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty…

19-Member U.S. Section Co-Chaired by Commerce Secretary Wilbur Ross SAN DIEGO, Feb. 11, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO Ashish Masih has been named by U.S. Secretary of Commerce Wilbur Ross to the U.S.-India CEO Forum. Encore is among 19 private sector members that comprise the U.S. section of the…

SAN DIEGO, Feb. 07, 2019 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter of 2018 on Wednesday, February 27, 2019, after the market closes. The Company will also host a conference call and slide presentation the same day…

Settlement will cause no material impact to the business Reserves put in place in 2015 will cover monetary terms SAN DIEGO, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Encore), an international specialty finance company (NASDAQ: ECPG), today announced it has entered into a settlement agreement with 42 states and the District of Columbia. The issues that were the genesis…

Completion of the Cabot transaction creates largest global debt purchaser Encore sets new records for collections and estimated remaining collections GAAP EPS from continuing operations of $0.69 per share Non-GAAP Economic EPS from continuing operations of $1.19 per share SAN DIEGO, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company providing debt recovery solutions for consumers across…

SAN DIEGO, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter of 2018 on Wednesday, November 7, 2018, after the market closes. The Company will also host a conference call and slide presentation the same day…