World Acceptance Q1 FY27 net income rises to $6.1 million; revenue increases 4.8% to $139.2 million

Reuters2026/07/24 11:31

By:Reuters

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World Acceptance posted fiscal Q1 net income of $6.1 million, or $1.33 a share, up from $1.6 million, or $0.30 a year earlier.
Revenue rose 4.8% to $139.2 million from the prior-year quarter, as interest and fee income increased 5.4% to $121.5 million.
Provision for credit losses fell to $43.8 million from the prior-year quarter, while net charge-offs edged down to $43.3 million from $44.8 million.
Gross loans outstanding climbed 2.3% to $1.29 billion at June 30, 2026; 0-60 day delinquency narrowed 1.1 percentage points to 18.1%.
Adjusted net income under non-GAAP measures was $9.7 million, or $2.12 a share, excluding $3.6 million after-tax CEO transition costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. World Acceptance Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202607240730BIZWIRE_USPR_____20260724_BW682807) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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World Acceptance Q1 FY27 net income rises to $6.1 million; revenue increases 4.8% to $139.2 million

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