Enova International, Inc.

Enova International, Inc. and Grasshopper Bancorp, Inc. have mutually terminated their Agreement and Plan of Merger, originally entered into on December 10, 2025. As part of the termination agreement, Enova made a $4,000,000 cash payment to Grasshopper. Both companies have released each other from any further claims or liabilities related to the merger agreement and its termination, with specific clauses surviving for enforcement and confidentiality.

Enova International reported strong financial results for Q2 2026, with net income increasing significantly year-over-year to $105.1 million. Revenue also saw substantial growth, reaching $928.9 million. The company's loan portfolio and total assets expanded, and it generated over $1 billion in net cash from operating activities for the first half of the year. Management highlighted the pending acquisition of Grasshopper Bancorp, Inc., noting associated integration and regulatory risks.

Enova International reported strong second quarter 2026 financial results, with total revenue increasing 22% to $929 million and diluted earnings per share rising 40% to $4.00. Adjusted EPS grew 33% to $4.31, marking the eighth consecutive quarter of over 30% adjusted EPS growth. The company also saw healthy originations growth, strong credit performance, and raised its full-year outlook, while continuing with the planned acquisition of Grasshopper Bank.

Enova International, Inc. announced an amendment to a previous 8-K filing. Maria Veltre, who was elected to the Board of Directors on July 10, 2026, has also been appointed to serve as a member of the Management Development and Compensation Committee of the Board, effective the same date.

Enova International announced changes to its Board of Directors. William M. Goodyear and Mark McGowan resigned as directors, effective immediately, as part of a planned Board transition. Their resignations were not due to any disagreement with the Company. Concurrently, Maria Veltre was appointed as a new director, bringing extensive experience in financial services and digital innovation. Following the resignations, the Board reduced its size to ten directors.

Enova International, Inc.'s indirect subsidiary, OnDeck Receivables 2022, LLC, amended its ODR 2022 Securitization Facility. The amendment increases the total commitment amount to $420,000,000. This facility includes Class A Revolving Loans of $338,000,000 and Class B Revolving Loans of $82,000,000, with varying borrowing rates. The revolving period now extends to June 2028, and the maturity date is set for June 2029.

Enova International, Inc. filed its Form 10-Q for the quarterly period ended March 31, 2026. The filing confirms the company's status as a large accelerated filer and that it has met all SEC filing requirements. As of April 20, 2026, there were 24,884,896 common shares outstanding.

Enova International reported strong first-quarter 2026 financial results, with diluted earnings per share increasing 29% to $3.46 and adjusted EPS rising 30% to $3.87 compared to the prior year. The company also saw significant growth in originations, up 33%, and total revenue, which increased by 17%. Credit performance remained robust, evidenced by a lower net charge-off ratio of 7.6%.