Credit Acceptance Announces First Quarter 2026 Results
Credit Acceptance reported Q1 2026 GAAP net income of $135.8 million, or $12.40 per diluted share, a 43% increase from the prior year, driven by reduced provisions for credit losses and higher finance charges. The company returned significant capital to shareholders, repurchasing 365,258 shares for $178.9 million, representing 3.4% of shares outstanding at the beginning of the quarter.
Key figures
- Eps
- 12.4
- Revenue
- 580000000
- Liquidity
- 1300000000
- Adjusted eps
- 10.71
- Buyback amount
- 178900000
- Economic profit
- 41600000
- Unit volume yoy
- -4.3%
- Shares repurchased
- 365258
- Adjusted net income
- 117300000
- Average loan balance
- 7900000000
AI analysis
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