2015 Press Releases

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Encore Capital Group’s Q1 2017 Earnings Conference Call
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12/02/15Encore Capital Group Chief Compliance Officer Doris Hektor to Join Faculty for Consero’s 2015 Corporate Compliance & Ethics Forum
- Panel Will Focus on Creating and Sustaining an Organizational Culture of Compliance - SAN DIEGO, Dec. 02, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG), an international specialty finance company, announced that Vice President and Chief Compliance Officer Doris Hektor will join the faculty for Consero’s 2015 Corporate Compliance & Ethics Forum to be held Dec. 6-8 at the Fairmont San Francisco. Hektor will serve on a panel about creating and sustaining an organizational culture... 
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11/05/15Encore Capital Group Announces Third Quarter 2015 Financial Results; Global Expansion Continues to Fuel Growth
Non-GAAP Economic EPS increases 15% to record $1.34 GAAP loss of $0.43 per share reflects one-time charge related to CFPB settlement Adjusted EBITDA increases 7% to $268 million Estimated Remaining Collections increase 10% to $5.7 billion Encore enters Australia and New Zealand through acquisition of Baycorp SAN DIEGO, Nov. 05, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for c... 
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10/22/15Encore Capital Group to Announce Third Quarter 2015 Financial Results on November 5
SAN DIEGO, Oct. 22, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter of 2015 on Thursday, November 5, 2015, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Kenneth A. Vecchione, President and Chief Executive Officer, Jonathan Clark, Executive Vic... 
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09/28/15Encore Appoints Ash Gupta and Wendy Hannam to Its Board of Directors
SAN DIEGO, Sept. 28, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced today the appointments of Ash Gupta and Wendy Hannam as new members of its board of directors. Gupta is currently the Chief Risk Officer for American Express and President of Risk & Information Management. He joined American Express in 1976, holding positions of increasing responsibility throughout his tenure, including Executive Vice President & Chief... 
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09/28/15Encore Capital Group to Take Controlling Stake in Baycorp
Acquisition Offers Significant Competitive Advantages and Growth Opportunities SAN DIEGO, Sept. 28, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG), an international specialty finance company, announced that it is entering into an agreement to acquire a controlling stake in Baycorp, one of Australasia's leading debt resolution specialists. Encore is purchasing a 50.25 percent interest in Baycorp to expand its operations into Australia and New Zealand. Baycorp's current owners, Ocean... 
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09/23/15Encore Capital Group's Employees Continue Annual Habit of Changing Lives With Habitat for Humanity
SAN DIEGO, Sept. 23, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today announced it will hold its third annual Global Volunteer Day on Saturday, Sept. 26, 2015 in San Diego, CA, Phoenix, AZ, San Antonio, TX, Warren, MI and St. Cloud, MN and six others (*see below) when more than 500 employees will give up their Saturday to give back to their communities. Encore employees across the United States and throughout the globe will ... 
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09/09/15Encore Enters Settlement Agreement With Consumer Financial Protection Bureau
- One-time charge of $43 million - Removes uncertainty in the business going forward - Earnings growth trajectory remains intact SAN DIEGO, Sept. 9, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Encore), an international specialty finance company (NASDAQ:ECPG), today announced it has entered into a settlement agreement with the Consumer Financial Protection Bureau (CFPB). The settlement includes a civil payment and consumer refunds connected to two isolated issues, which are... 
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08/12/15Encore Capital Group Announces $50 Million Share Repurchase Program
SAN DIEGO, Aug. 12, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad range of assets, today announced the approval of a $50 million share repurchase program by its Board of Directors. The Company may purchase shares on the open market, through private transactions, block transactions, or other methods as determined by the Company's management and Boa... 
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08/10/15Encore Capital Group Announces Second Quarter 2015 Financial Results; Q2 Capital Deployments Exceed $500 Million
GAAP EPS increases 20% to $1.03 Non-GAAP Economic EPS increases 15% to record $1.27 Encore deploys $505 million worldwide, $290 million in Europe Collections increase 7% to record $437 million Adjusted EBITDA increases 8% to record $277 million Estimated Remaining Collections increase 16% to $5.7 billion SAN DIEGO, Aug. 10, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery ... 
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07/23/15Encore Capital Group to Announce Second Quarter 2015 Financial Results on August 10
SAN DIEGO, July 23, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2015 on Monday, August 10, 2015, before the market opens. The Company will also host a conference call and slide presentation the same day at 5:30 a.m. Pacific / 8:30 a.m. Eastern time with Kenneth A. Vecchione, President and Chief Executive Officer, Jonathan Clark, Executive Vice Pr... 
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07/21/15Encore and Members of Congress Empower Consumers Through Debt Forgiveness Tax Relief
Legislation Would Help Millions of Americans on Their Path to Financial Well-Being SAN DIEGO, July 21, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, announced today that it has taken its consumer-centric focus to a new level by collaborating with U.S. Reps. Scott Peters (CA-52) and Duncan Hunter (CA-50) to create a bill that would exempt up to $2,500 worth of forgiven personal and household debt from federal taxation. The bill (H.... 
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06/16/15Four Local Students Win Encore Capital Group Scholarships to Attend MiraCosta College
OCEANSIDE, Calif., June 16, 2015 (GLOBE NEWSWIRE) -- MiraCosta College today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program, Encore's largest philanthropic initiative to date, provides 124 students from across the country with $1,000 gran... 
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06/05/15Encore Capital Group to Present and Meet With Investors at the William Blair Growth Stock Conference
SAN DIEGO, June 5, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that Kenneth A. Vecchione, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Investor Relations, will be meeting with investors at the William Blair Growth Stock Conference in Chicago on June 10, 2015. In addition, Vecchione will be making a presentation at the... 
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06/05/15Four Local Students Win Encore Capital Group Scholarships to Attend Southwestern College in Chula Vista
CHULA VISTA, Calif., June 5, 2015 (GLOBE NEWSWIRE) -- Southwestern College in Chula Vista, Calif., today announced four $1,000 winners of the Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company with operations in San Diego, created the program to support students working toward advanced degrees. The program, Encore's largest philanthropic initiative to date, provides 124 students from across the coun... 
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06/04/15Four Local Students Win Encore Capital Group Scholarships to Attend Palomar College
SAN MARCOS, Calif., June 4, 2015 (GLOBE NEWSWIRE) -- Palomar College in San Marcos, Calif., today announced four $1,000 winners of the Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program, Encore's largest philanthropic initiative to date, provides 124 students from across the cou... 
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05/12/15Encore Capital Group to Meet With Investors at the SunTrust Financial Services Conference on May 19
SAN DIEGO, May 12, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Investor Relations, will be meeting with investors at the SunTrust Robinson Humphrey 2015 Financial Services Conference in New York on May 19, 2015. About Encore Capital Group, Inc. Encore Capital Group, an international specialty financ... 
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05/08/15Local Student Wins Encore Capital Group Scholarship to Attend El Camino College
TORRANCE, Calif., May 8, 2015 (GLOBE NEWSWIRE) -- El Camino College today announced its $2,000 winner of the Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program, Encore's largest philanthropic initiative to date, provides 124 students from across the country with grants for tuiti... 
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05/07/15Encore Capital Group Announces First Quarter 2015 Financial Results; Record Collections Drive Strong Performance
GAAP EPS increases 32% to $1.08 Non-GAAP Economic EPS increases 14% to record $1.23 Collections increase 7% to record $425 million Adjusted EBITDA increases 7% to record $266 million Adjusted EBITDA for trailing twelve months increases 18% to $1.0 billion SAN DIEGO, May 7, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad ran... 
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05/01/15Four Local Students Win Encore Capital Group Scholarships to Attend San Diego Mesa College in San Diego
SAN DIEGO, May 1, 2015 (GLOBE NEWSWIRE) -- San Diego Mesa College today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program, Encore's largest philanthropic initiative to date, provides 124 students from across the country with $1,000 grants fo... 
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04/29/15Four Local Students Win Encore Capital Group Scholarships to Attend San Diego City College in San Diego
SAN DIEGO, April 29, 2015 (GLOBE NEWSWIRE) -- San Diego City College in San Diego today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program, Encore's largest philanthropic initiative to date, provides 124 students from across the country with ... 
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04/29/15Four Local Students Win Encore Capital Group Scholarships to Attend San Diego Miramar College
SAN DIEGO, April 29, 2015 (GLOBE NEWSWIRE) -- San Diego Miramar College today announced four $1,000 winners of its Encore Capital Group community college scholarship program. Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company with operations in San Diego, created the program to support students as they work to obtain advanced degrees. The program, Encore's largest philanthropic initiative to date, provides 124 students from across the country with $1,000 gra... 
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04/23/15Encore Capital Group to Announce First Quarter 2015 Financial Results on May 7
SAN DIEGO, April 23, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the first quarter of 2015 on Thursday, May 7, 2015, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ken Vecchione, President and Chief Executive Officer, Jonathan Clark, Executive Vice President a... 
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04/01/15Encore Capital Group Receives National Volunteer Community Service Award
10 Employees Also Honored SAN DIEGO, April 1, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, along with 10 of its employees, have received the Presidential Volunteer Service Award, a national honor that recognizes companies and citizens who answer the call to community service. Encore achieved Silver Level status for providing 564 hours of volunteer service during 2014. As part of Encore's global Corporate Social Responsibility... 
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03/26/15Encore Capital Group Announces Upcoming Investor Day on June 4
SAN DIEGO, March 26, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company providing debt recovery solutions for consumers and property owners across a broad range of assets, announced today that it will host its ninth annual investor day on Thursday, June 4, 2015, in New York City, following the conclusion of business at its annual meeting of stockholders. Presentations by Encore's management team are scheduled to begin at approximately 9:... 
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02/27/15Encore Capital Group to Meet With the Investment Community at the Raymond James 36th Annual Institutional Investors Conference
SAN DIEGO, Feb. 27, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that Jonathan Clark, its Executive Vice President and Chief Financial Officer, will be participating in discussions hosted by the sponsoring firm at the Raymond James 36th Annual Institutional Investors Conference to be held in Orlando, FL on Monday, March 2, 2015, at 4:00 p.m. Eastern Time. About Encore Capital Group, Inc. Encore Capital Grou... 
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02/26/15Encore Capital Group Announces Fourth Quarter and Full-Year 2014 Financial Results; Global Expansion Drives Strong Quarter and Record Year
Fourth quarter GAAP EPS increases 20% to $1.04 Fourth quarter Non-GAAP Economic EPS increases 11% to $1.17 Full-year GAAP EPS increases 30% to record $3.83 Full-year Non-GAAP Economic EPS increases 17% to record $4.52 Estimated Remaining Collections increase to record $5.2 billion Encore deploys $275 million worldwide in fourth quarter, $113 million in Europe SAN DIEGO, Feb. 26, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an internationa... 
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02/12/15Encore Capital Group to Announce Fourth Quarter and Full Year 2014 Financial Results on February 26
SAN DIEGO, Feb. 12, 2015 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the fourth quarter and full year of 2014 on Thursday, February 26, 2015, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time to discuss the reported results. Members of the public are invited to access ... 
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