WORLD ACCEPTANCE CORP (WRLD) Form 8-K — Oct 23, 2026
$WRLDForm 8-KItems 2.02, 7.01, 9.01Filed Oct 23, 2026, 7:35 AM ET0001437749-26-033331Original filing
World Acceptance Corporation (NASDAQ: WRLD) reported fiscal 2027 Q2 net income of $8.8 million, or $1.92 per diluted share, a swing from a net loss of $1.7 million, or $0.33 per share, a year earlier. Total revenues rose 3.2% to $139.2 million, and the provision for credit losses fell $3.8 million to $46.0 million while G&A declined 2.9% to $69.9 million. Credit quality improved, with 0-60 day delinquencies falling to 18.9% from 20.0% and 61+ day delinquencies to 5.4% from 5.8%, though annualized net charge-offs ticked up to 17.6% from 17.1%.
Key figures
- Eps
- 1.92
- Revenue
- 139200000
- Net Income
- 8755000
- Revenue Yoy
- +3.2%
- Total Assets
- 1083887000
- Cash Position
- 8308000
- Shares Outstanding
- approximately 4.5 million (excluding 131,690 unvested restricted shares)
- Branches
- 1,009
- Debt to equity
- 1.7:1 vs 1.6:1
- Prior year eps
- -$0.33
- Debt outstanding
- $592.1M
- Six month revenue
- $278.4M, +4.0%
- Shares repurchased
- 133,199 shares (3.0%) for ~$25.0M
- Prior year net loss
- -$1,663,000
- Customer base change
- -5.4% for twelve months ended 09/30/2026
- Six month net income
- $14.9M vs net loss of $0.1M
- Gross loans receivable
- $1.319B, +0.3% YoY
- Return on avg assets ttm
- 4.6%
- Return on avg equity ttm
- 13.9%
- Remaining buyback capacity
- ~$25.0M under program + $47.5M under revolving credit facility
- Provision for credit losses
- $46.0M vs $49.8M prior year
- Refinance loan volume change
- +4.4%
- Adjusted net income six months
- $18.5M, $4.05 per diluted share
- Net charge offs pct annualized
- 17.6% vs 17.1% prior year
- New customer loan volume change
- -18.1%
- Ceo transition expense six months
- $4.8M ($3.6M after tax)
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