filecrux
Oct 22, 8:33 PM
$ENVA Enova tops
$1B of quarterly revenue for the first time, up 26% in Q3.
🏢 Online lender to small businesses and consumers; its Oct 16 8-K ended the Grasshopper bank deal for
$4M cash
⚠️ Loans 30+ days late hit 8.0% of the book vs 7.2% a year earlier, as receivables grew 30% to
$5.9B
📈 Q3 net income rose 34% to
$107.3M vs a
$4.40B market value at
$176.67 (16:00 ET, Oct 22, 2026)
💰 Other side: net charge-offs fell to 8.1% from 8.5%; Enova bought back
$46M of stock in Q3
📅 Next: Call 5 p.m. ET, October 22nd; replay until October 29, 2026
Source: Enova Q3 release + SEC 8-Ks, Oct 22 and Oct 16
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