Workflow
Encore Capital Group Announces First Quarter 2025 Financial Results
ECPGEncore Capital Group(ECPG) GlobeNewswire·2025-05-07 20:05

"Our MCM business in the U.S. continues to deliver very strong results. Empowered by the ongoing favorable supply environment, MCM portfolio purchases in the first quarter were a record 316million,up34316 million, up 34% compared to the year ago quarter, at very attractive returns. MCM also delivered record collections of 454 million in the first quarter, up 23% compared to Q1 a year ago, driven by superior execution." "Our Cabot business in Europe delivered a solid first quarter. Portfolio purchases of $51 million were ...