PRA Group, Inc. (PRAA)
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.
| Country | United States |
| Founded | 1996 |
| Industry | Credit Services |
| Sector | Financials |
| Employees | 3,184 |
| 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 | 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 |