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Credit Acceptance Corporation’s CACC third-quarter 2025 adjusted earnings per share of $10.28 surpassed the Zacks Consensus Estimate of $9.61. Also, the bottom line increased 11.1% year over year.
Results were aided by an improvement in revenues and lower provisions. However, an increase in operating expenses hurt the results to some extent.
Including the non-recurring items, net income was $108.2 million or $9.43 per share compared with $78.8 million or $6.35 per share in the prior-year quarter.
Total GAAP revenues for the reported quarter were $582.4 million, up 5.8% year over year. Increased finance charges and other income supported revenue growth. However, the top line missed the Zacks Consensus Estimate of $585.9 million.
Provision for credit losses was $152 million, down 17.7% year over year.
Total operating expenses of $146.6 million increased 13.3% from the prior-year quarter.
As of Sept. 30, 2025, net loans receivable were $7.98 billion, up 1.6% from the end of December 2024.
Total assets were $8.64 billion as of the same date, down 2.4% from Dec. 31, 2024. Total shareholders’ equity was $1.58 billion, down from $1.75 billion as of Dec. 31, 2024.
In the reported quarter, Credit Acceptance repurchased 0.23 million shares.
Mounting expenses are expected to hurt Credit Acceptance’s bottom-line growth. Moreover, weak asset quality because of a tough operating backdrop may hamper financials. However, the company is well-positioned for revenue growth, given the gradual increase in demand for consumer loans.
Credit Acceptance Corporation price-consensus-eps-surprise-chart | Credit Acceptance Corporation Quote
Currently, Credit Acceptance carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Navient Corporation NAVI reported third-quarter 2025 adjusted earnings per share of 29 cents, surpassing the Zacks Consensus Estimate of 18 cents. It reported earnings of 28 cents in the prior-year quarter.
NAVI’s results benefited from an improvement in net interest income and lower expenses. However, a decrease in other income, along with higher provision for loan losses, acted as spoilsports.
Capital One’s COF third-quarter 2025 adjusted earnings of $5.95 per share widely surpassed the Zacks Consensus Estimate of $4.20. The bottom line also compared favorably with $5.48 in the prior quarter.
COF’s results benefited from an increase in net interest income and non-interest income, and lower provisions. Also, higher loans and a stable deposit balance supported the performance. However, a rise in expenses was undermining the factor for Capital One.
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This article originally published on Zacks Investment Research (zacks.com).
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