Welcome to our dedicated page for World Accep Corporation news (Ticker: WRLD), a resource for investors and traders seeking the latest updates and insights on World Accep Corporation stock.
World Acceptance Corporation (WRLD) provides accessible consumer finance solutions through installment loans, credit insurance, and tax preparation services. This news hub offers investors and financial professionals a centralized source for official corporate communications and market developments.
Track WRLD's latest financial announcements, regulatory updates, and service expansions through verified press releases and earnings reports. Our curated collection includes updates on loan portfolio performance, strategic partnerships, and compliance matters specific to the consumer lending sector.
Key content categories feature quarterly earnings disclosures, leadership changes, product innovations in short-term financing, and operational updates across WRLD's regional markets. Bookmark this page for streamlined access to materials that impact investment decisions in the specialty finance sector.
World Acceptance (NASDAQ: WRLD) has announced its upcoming fourth quarter 2025 conference call, scheduled for Tuesday, April 29. The company will release its earnings report before the call, which will begin at 10:00 a.m. Eastern Time. The event will be accessible through a live online webcast, with a replay available for 30 days following the broadcast.
World Acceptance (NASDAQ: WRLD) reported its Q3 fiscal 2025 results with total revenues increasing to $138.6 million, up 0.6% year-over-year. The company posted net income of $13.4 million and diluted earnings per share of $2.45, compared to $16.7 million and $2.84 in the same quarter last year.
Gross loans outstanding were $1.38 billion as of December 31, 2024, showing a 1.4% decrease year-over-year but a 6.6% sequential increase. The company saw improved borrowing trends with new customer loan volume up 22.6%, former customer volume up 13.9%, and refinance customer volume up 1.5%. The customer base grew by 3.7% during the twelve-month period.
Credit quality metrics showed improvement with 90+ days past due delinquency decreasing to 3.4% from 3.7% year-over-year. The company operated 1,035 branches and continued its share repurchase program, buying back 9,465 shares for approximately $1.0 million during Q3.
World Acceptance (NASDAQ:WRLD) has announced it will host its third quarter 2025 conference call via webcast on Tuesday, January 28. The company will release its earnings report before the call, which is scheduled to begin at 10:00 a.m. Eastern Time. The live broadcast will be available online, and a replay will be accessible for 30 days following the event.
World Acceptance (NASDAQ: WRLD) reported Q2 fiscal 2025 results with net income of $22.1 million and diluted earnings per share of $3.99, up from $16.1 million and $2.71 in the prior year. Total revenues decreased 4.0% to $131.4 million. Gross loans outstanding were $1.30 billion, down 6.1% year-over-year but up 1.7% sequentially. The company saw improved loan growth with new, former and refinance loan customer volume increasing 20.8%, 11.5% and 2.9% respectively. Credit quality improved with 90+ days delinquency dropping to 3.4% from 3.7% year-over-year.
World Acceptance (NASDAQ:WRLD) has announced that it will host its second quarter 2025 conference call on Friday, October 25. The company will provide a real-time webcast and rebroadcast of the call, which will be accessible online. The earnings release will be issued prior to the call.
The live broadcast of the conference call will begin at 10:00 a.m. Eastern Time on October 25. Interested parties can access the webcast through the provided link. Following the live broadcast, an online replay will be available immediately and will continue for 30 days.
World Acceptance (NASDAQ: WRLD) reported its fiscal 2025 first-quarter results. The company achieved net income of $9.9 million and a diluted net income of $1.79 per share. Total revenues decreased by 7.0% to $129.5 million compared to the same quarter last year. Gross loans outstanding reduced by 8.8% year-over-year to $1.275 billion.
Interest and fee income declined by 4.7% to $111.2 million, while insurance income dropped by 19.4% to $12.9 million. General and administrative expenses fell by 9.9% to $61.4 million. The company's debt-to-equity ratio improved to 1.2:1, and the outstanding debt decreased to $492.7 million. The customer base reduced by 2.6% year-over-year. The company repurchased 79,324 shares of its common stock for $11.1 million during the quarter.
World Acceptance (NASDAQ:WRLD) has announced its upcoming first quarter 2025 conference call, scheduled for Friday, July 26. The company will provide a real-time webcast and rebroadcast of the call, with the earnings release to be issued prior to the event. The live broadcast will begin at 10:00 a.m. Eastern Time and will be available online. An online replay will be accessible immediately following the call and will remain available for 30 days.
World Acceptance (NASDAQ: WRLD) reported strong financial results for the fourth quarter of fiscal 2024, showcasing net income of $35.1 million and diluted net income per share of $6.09. The company focused on credit quality and conservative lending practices, resulting in improved recency delinquency rates and total revenues of $159.3 million. Gross loans outstanding decreased by 8.1% to $1.28 billion compared to the prior year. Despite a decrease in the customer base, the company saw an increase in unique borrowers and improved gross loan origination balances. CECL allowance and provision impact decreased, leading to lower net charge-offs and improved recency delinquency rates. G&A expenses and personnel expenses decreased, while the company's debt to equity ratio improved. World Acceptance also repurchased shares and reported a return on average assets and equity of 7.0% and 19.1%, respectively.
