Company Description
PRA Group, Inc., a financial services company, engages in the purchase, collection, and management of nonperforming loan portfolios in the United States, Europe, the United Kingdom, South America, Canada, and Australia.
The company purchases loans from credit originators who have chosen not to pursue, or have been unsuccessful in collecting, the full balance owed.
It also purchases loans in situations where the customer is involved in a bankruptcy or similar proceeding; and purchase and provide fee-based services for class action claims recoveries.
In addition, the company is involved in core and insolvency nonperforming loans include general purpose and private label credit cards, consumer loans, auto loans, overdrafts and small business loans.
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 | 2,541 |
| CEO | Martin Sjolund |
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 |
| Stock Type | Common Stock |
| 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 |
|---|---|
| Martin Sjolund | Chief Executive Officer, President and Director |
| Steven D. Fredrickson | Co-Founder and Executive Chairman |
| Rakesh Sehgal | Executive Vice President and Chief Financial Officer |
| LaTisha Owens Tarrant | Executive Vice President, General Counsel, Chief Human Resources Officer and Corporate Secretary |
| R. Owen James | President of PRA Group Europe |
| Steven A. Macke | Global Operations Officer |
| Jan Husby | Chief Information Officer |
| Najim Mostamand C.F.A. | Vice President of Investor Relations |
| Keith Warren | Chief Risk and Compliance Officer |
| Adrian Murphy | Global Chief Data and Analytics Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 8, 2026 | 10-Q | Quarterly Report |
| May 7, 2026 | 8-K | Current Report |
| May 5, 2026 | 8-K | Current Report |
| Apr 30, 2026 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 30, 2026 | SCHEDULE 13G | Filing |
| Apr 30, 2026 | ARS | Filing |
| Apr 30, 2026 | DEF 14A | Other definitive proxy statements |
| Mar 27, 2026 | SCHEDULE 13G/A | Filing |
| Mar 2, 2026 | 10-K | Annual Report |
| Feb 26, 2026 | 8-K | Current Report |