Quarterly ResultMay 14, 2026, 04:14 PM
Jefferson Capital Q1 Collections $309.9M, Revenue $176.4M; Declares Dividend
AI Summary
Jefferson Capital, Inc. announced its first quarter 2026 financial results, reporting record collections of $309.9 million, up 19% year-over-year, and record revenue of $176.4 million, a 14% increase. Despite strong top-line growth, net income decreased to $37.6 million ($0.61 EPS) and adjusted net income to $44.9 million ($0.73 Adjusted EPS) due to higher operating expenses and interest. The company also declared a quarterly cash dividend of $0.24 per share, improved its leverage ratio to 1.79x, and upsized its Revolving Credit Facility to $1.15 billion.
Key Highlights
- Record collections grew 19% to $309.9 million in Q1 2026.
- Record revenue increased 14% to $176.4 million for the quarter.
- Net Income was $37.6 million, with Basic EPS of $0.61.
- Adjusted Net Income was $44.9 million, with Adjusted EPS of $0.73.
- Board of Directors declared a quarterly cash dividend of $0.24 per share.
- Estimated Remaining Collections (ERC) rose 18% to $3.4 billion.
- Leverage ratio improved to 1.79x at March 31, 2026, from 2.17x.
- Revolving Credit Facility was upsized to $1.15 billion on April 22, 2026.