Enova Q3 2021 Earnings Report

Reported a strong quarter with growth across all businesses.

Key Takeaways

Enova International reported a strong third quarter with total revenue of $320 million, a 57% increase from the third quarter of 2020. Diluted earnings per share from continuing operations were $1.36, and adjusted earnings per share were $1.50. Total company originations increased 26% sequentially to a record $856 million.

Total revenue increased 21% sequentially and 57% from the third quarter of 2020 to $320 million.

Diluted earnings per share from continuing operations of $1.36 and adjusted earnings per share of $1.50.

Total company originations increased 26% sequentially to a record $856 million.

Consolidated portfolio net charge-offs as a percentage of average combined loan and finance receivables of 4.2%, down from 4.7% in the third quarter of 2020.