PRA Group, Inc. (PRAA)

NASDAQ: PRAA · IEX Real-Time Price · USD
0.00 (0.00%)
At close: May 31, 2023, 4:00 PM
+0.88 (4.71%)
After-hours: May 31, 2023, 5:05 PM EDT

Company Description

PRA Group, Inc., a financial and business services company, engages in the purchase, collection, and management of portfolios of nonperforming loans in the Americas, Australia, and Europe.

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 cards, private label and other credit cards, installment loans, lines of credit, deficiency balances of various types, legal judgments, and trade payables 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 and by servicing consumer bankruptcy accounts.

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 incorporated in 1996 and is headquartered in Norfolk, Virginia.

PRA Group, Inc.
PRA Group logo
Country United States
Founded 1996
Industry Credit Services
Sector Financials
Employees 3,184
CEO Vikram A. Atal

Contact Details

120 Corporate Blvd Ste 100
Norfolk, Virginia 23502
United States
Phone 7575199300X3023

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 7320

Key Executives

Name Position
Steven D. Fredrickson Co-Founder and Non-Executive Chairman
Kevin P. Stevenson Founder, President, Chief Executive Officer and Director
Peter M. Graham Executive Vice President and Chief Financial Officer
Steven C. Roberts Executive Vice President and Global Operations Officer
Christopher B. Graves Executive Vice President of Global Investments and Analytics Officer
Laura B. White Executive Vice President, Chief Risk and Compliance Officer
Chris Burroughs Chief Technology Officer
Jan Husby Global Chief Information Officer
Lauren Partin Senior Vice President of Finance and Investor Relations
Christopher D. Lagow Executive Vice President and General Counsel

Latest SEC Filings

Date Type Title
May 15, 2023 8-K Current Report
May 9, 2023 10-Q Quarterly Report
May 8, 2023 8-K Current Report
May 2, 2023 ARS Filing
May 2, 2023 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
May 1, 2023 DEF 14A Other definitive proxy statements
Apr 17, 2023 8-K Current Report
Mar 28, 2023 8-K Current Report
Mar 8, 2023 8-K Current Report
Mar 2, 2023 S-8 POS Securities to be offered to employees in employee benefit plans, post-effective amendments