ATLC's Q2 call highlights faster-than-planned Mercury integration, digital gains, stable credit and capital flexibility from high returns.
Atlanticus Holdings Corporation (ATLC) Q2 2026 Earnings Call Transcript
Atlanticus Holdings Corporation (ATLC) came out with quarterly earnings of $2.5 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $1.51 per share a year ago.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 296 | $30,863.92 | $29,493.44 | -$1,370.48 | -4.44% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 318 | $16,685.46 | $31,803.18 | $15,117.72 | 90.6% |
Point72 Asset Management LP Point72 Asset Management LP | 3,809 | $389,470 | $390,727.22 | $1,257.22 | 0.32% |
Joseph Castro Nuveen LLC | 14,370 | $934,258.39 | $1.34M | $409,336.61 | 43.81% |
Jennifer Grunberg Allspring Global Investments Holdings LLC | 35,649 | $3.27M | $3.47M | $204,247.46 | 6.25% |
| Financial Services Industry | Financials Sector | Jeffrey A. Howard CEO | NASDAQ (NGS) Exchange | 04914Y102 CUSIP |
| US Country | 576 Employees | 6 May 2015 Last Dividend | - Last Split | 23 Apr 1999 IPO Date |
Atlanticus Holdings Corporation is an innovative financial technology company that has been dedicated to providing a wide range of credit and related financial services and products primarily across the United States since its inception in 1996. With its headquarters located in Atlanta, Georgia, Atlanticus operates through two primary segments: Credit as a Service, and Auto Finance. The company focuses on delivering solutions that cater to the financial needs of consumers, leveraging technology to originate consumer loan products, service loans, and manage credit risk. Additionally, Atlanticus engages in strategic investments in consumer finance technology platforms, aiming to enhance its service offerings and market reach.
This segment encompasses the origination of a diverse array of consumer loan products including both private label and general purpose credit cards. These products are generated by lenders through multiple channels such as retail and healthcare outlets, direct mail solicitation, digital marketing campaigns, and collaborations with third-party organizations. Atlanticus’s Credit as a Service also facilitates consumer access to credit for purchases in various sectors including consumer electronics, furniture, elective medical procedures, healthcare services, and home-improvement projects. This is achieved by establishing partnerships with retailers, healthcare providers, and other service purveyors. In addition to these offerings, the segment provides loan servicing which includes risk management and customer service outsourcing for third parties, and is also involved in the testing and investment in consumer finance technology platforms.
Through the Auto Finance segment, Atlanticus purchases and/or services automobile-secured loans from a carefully selected network of independent automotive dealers and automotive finance companies operating within the buy-here, pay-here, and used car segments. This division extends beyond loan purchases to include the provision of floor plan financing and installment lending products designed for the automotive industry. Additionally, the company has made strides in investing in and servicing portfolios of credit card receivables, further broadening its scope within the financial services sector.