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 A. Atal |
Contact Details
Address: 120 Corporate Blvd Ste 100 Norfolk, Virginia 23502 United States | |
| Phone | 7575199300X3023 |
| 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 |
|---|---|
| Steven D. Fredrickson | Co-Founder and Non-Executive Chairman |
| Vikram A. Atal | President, Chief Executive Officer and Director |
| Rakesh Sehgal | Executive Vice President, Chief Financial Officer and Head of Corporate Development |
| Owen James | Executive Vice President and Global Investments Officer |
| Chris Burroughs | Chief Technology Officer |
| Jan Husby | Global Chief Information Officer |
| Lauren Partin | Senior Vice President of Finance and Investor Relations |
| LaTisha Owens Tarrant | Executive Vice President, General Counsel, Chief Human Resources Officer and Corporate Secretary |
| Keith Warren | Chief Risk and Compliance Officer |
| Elizabeth Kersey | Senior Vice President of Communications and Public Policy |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 13, 2024 | 8-K | Current Report |
| Feb 29, 2024 | 10-K | Annual Report |
| Feb 16, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Feb 15, 2024 | 8-K | Current Report |
| Feb 14, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |
| Feb 13, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 9, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Feb 8, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Jan 22, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Dec 13, 2023 | SC 13D | General statement of acquisition of beneficial ownership |