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World Acceptance Corp
As of May 30, 2026 at 24:05 UTC
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About World Acceptance Corp
World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals. The Company operates 1,024 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin.
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Latest News
5 articlesWorld Acceptance Corporation reported strong Q3 fiscal 2026 results with 25% growth in new customer outstanding ledger and 5.4% organic customer base expansion. The company improved gross yields by 84 basis points year-over-year and reduced share count by 11% through repurchases. However, the expanded new customer portfolio required an $8 million additional loan loss provision, and management expects incentive compensation expenses to decline in future quarters as temporary overstaffing adjustments are made.
World Acceptance reported Q1 FY 2026 earnings with mixed results: revenue slightly increased to $132.5 million, but earnings per share dropped significantly to $0.25, missing analyst expectations. The company faced challenges with higher operating expenses and credit loss provisions.
