Jefferson Capital Inc
NASDAQ:JCAP
Jefferson Capital Inc
Jefferson Capital Inc is a US-based company operating in Consumer Finance industry. The company is headquartered in Minneapolis, Minnesota. The company went IPO on 2025-06-26. Jefferson Capital, Inc. is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations primarily in the United States, Canada, the United Kingdom and Latin America. The accounts it purchases are primarily the unpaid obligations of individuals owed to credit grantors, which include banks, non-bank consumer lenders, auto finance companies, utilities and telecom companies. The firm purchases nonperforming consumer loans and receivables at a discount to their face value across a broad range of financial assets, including where the account holder has initiated a bankruptcy proceeding, or an equivalent proceeding in Canada or the United Kingdom. The company enables its clients to focus their operations on the origination of new loans to new customers and to better serve their active customers, while also enabling consumers to resolve their existing obligations based on their current financial circumstances.
Jefferson Capital Inc is a US-based company operating in Consumer Finance industry. The company is headquartered in Minneapolis, Minnesota. The company went IPO on 2025-06-26. Jefferson Capital, Inc. is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations primarily in the United States, Canada, the United Kingdom and Latin America. The accounts it purchases are primarily the unpaid obligations of individuals owed to credit grantors, which include banks, non-bank consumer lenders, auto finance companies, utilities and telecom companies. The firm purchases nonperforming consumer loans and receivables at a discount to their face value across a broad range of financial assets, including where the account holder has initiated a bankruptcy proceeding, or an equivalent proceeding in Canada or the United Kingdom. The company enables its clients to focus their operations on the origination of new loans to new customers and to better serve their active customers, while also enabling consumers to resolve their existing obligations based on their current financial circumstances.
Revenue Growth: Jefferson Capital reported Q3 revenue of $151 million, up 36% year-over-year, reflecting strong portfolio collections and deployment performance.
Collections Surge: Collections reached $237 million, up 63% from last year, driven by strong deployment and the Conn's portfolio purchase.
Record Deployments: The company invested $151 million in the quarter, the largest Q3 deployment in its history, up 22% year-over-year.
Operational Efficiency: Delivered a sector-leading cash efficiency ratio of 72.2%, aided by collections from the Conn's portfolio.
Bluestem Acquisition: Announced the Bluestem portfolio purchase, expected to close in Q4, further solidifying its position in dislocated consumer credit assets.
Improved Credit Facility: Amended and upsized its senior secured revolving credit facility to $1 billion, with lower pricing and an extended term.
Strong Balance Sheet: Leverage improved to 1.59x; the company maintains ample liquidity and is positioned for further growth.
Dividend: Quarterly dividend declared at $0.24 per share, representing a 5% annualized yield.
