Company Description
PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans worldwide.
It is involved in the purchase of accounts that are primarily the unpaid obligations of individuals owed to credit originators, which include banks and other types of consumer, retail, and auto finance companies.
The company also acquires nonperforming loans, including Visa and MasterCard credit card accounts, private label and other credit card accounts, personal loans, automobile loans, and small business loans from banks, credit unions, consumer finance companies, retailers, utilities, automobile finance companies, and other credit originators.
In addition, it provides fee-based services on class action claims recoveries. The company was formerly known as Portfolio Recovery Associates, Inc. and changed its name to PRA Group, Inc. in October 2014.
PRA Group, Inc. was founded in 1996 and is headquartered in Norfolk, Virginia.
| Country | United States |
| Founded | 1996 |
| Industry | Credit Services |
| Sector | Financials |
| Employees | 3,155 |
| CEO | Vikram Atal |
Contact Details
Address: 120 Corporate Boulevard Norfolk, Virginia 23502 United States | |
| Phone | 888 772 7326 |
| Website | pragroup.com |
Stock Details
| Ticker Symbol | PRAA |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001185348 |
| CUSIP Number | 69354N106 |
| ISIN Number | US69354N1063 |
| Employer ID | 75-3078675 |
| SIC Code | 6153 |
Key Executives
| Name | Position |
|---|---|
| Vikram A. Atal | President, Chief Executive Officer and Director |
| Steven D. Fredrickson | Co-Founder and Non-Executive Chairman |
| Rakesh Sehgal | Executive Vice President and Chief Financial Officer |
| Owen R. James | Executive Vice President and Global Investments Officer |
| LaTisha Owens Tarrant | Executive Vice President, General Counsel, Chief Human Resources Officer and Corporate Secretary |
| Martin Sjölund | President of PRA Group Europe |
| Steven A. Macke | Global Operations Officer |
| Jan Husby | Global Chief Information Officer |
| Lauren Partin | Senior Vice President of Finance and Investor Relations |
| Keith Warren | Chief Risk and Compliance Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 18, 2024 | 8-K | Current Report |
| Nov 25, 2024 | 8-K | Current Report |
| Nov 20, 2024 | 8-K | Current Report |
| Nov 20, 2024 | 8-K | Current Report |
| Nov 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 8, 2024 | 10-Q | Quarterly Report |
| Nov 4, 2024 | 8-K | Current Report |
| Nov 1, 2024 | 8-K | Current Report |
| Aug 7, 2024 | 10-Q | Quarterly Report |
| Aug 5, 2024 | 8-K | Current Report |