Credit Acceptance Corporation (CACC) Q1 2026 Earnings Call Transcript

Credit Acceptance Corporation (CACC) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 6, 2026

CACC Q1 Earnings Beat as Revenues Grow Y/Y & Provisions Decline

Credit Acceptance Q1 earnings beat estimates as revenues rise y/y and credit loss provisions fell, though higher operating expenses partly offset gains.

Zacks Investment Research • May 6, 2026

Credit Acceptance Announces First Quarter 2026 Results

Southfield, Michigan, May 05, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $135.8 million, or $12.40 per diluted share, for the three months ended March 31, 2026. Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2026 was $117.3 million, or $10.71 per diluted share. The following table summarizes our financial results:

GlobeNewsWire • May 5, 2026

Credit Acceptance Announces Completion Of $450.0 Million Asset-Backed Financing

Southfield, Michigan, May 05, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $450.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this transaction, we conveyed loans having a value of approximately $562.6 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:

GlobeNewsWire • May 5, 2026

Credit Acceptance Announces Timing of First Quarter 2026 Earnings Release and Webcast

Southfield, Michigan, April 28, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2026 earnings on Tuesday, May 5, 2026, after the market closes. A webcast is scheduled for Tuesday, May 5, 2026, at 5:00 p.m. Eastern Time to discuss first quarter 2026 earnings.

GlobeNewsWire • Apr 28, 2026

Credit Acceptance Announces Robert Bourrier as Chief Sales Officer

Southfield, Michigan, April 27, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that Robert Bourrier has joined the Company as Chief Sales Officer.

GlobeNewsWire • Apr 27, 2026

Credit Acceptance Named 2026 USA Today Top Workplaces Award Winner

Southfield, Michigan, April 09, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2026 USA Today Top Workplaces award winner for the sixth consecutive year. We made it into the Top 10 again this year, with a #4 ranking in the 1,000-2,499-employee size category.

GlobeNewsWire • Apr 9, 2026

3 Consumer Loan Stocks That Could Win Big From Industry Tailwinds

While subdued asset quality and macro uncertainty are concerns, lower rates and easier lending criteria are expected to boost the Zacks Consumer Loans industry's prospects. So, firms like CACC, ENVA and ECPG are poised to gain.

Zacks Investment Research • Mar 27, 2026

Credit Acceptance Appoints Steffen Schumann as Chief Business Officer

Southfield, Michigan, March 19, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Steffen Schumann has joined the Company as Chief Business Officer, reporting to Chief Executive Officer Vinayak Hegde. In this newly created role, Schumann will help drive growth by further strengthening enterprise strategy, unit economics, and enterprise performance management systems.

GlobeNewsWire • Mar 19, 2026

Credit Acceptance Is 'The Only Non-Prime Lender Worth Owning,' Citron Says

Writing on X, Citron said critics have the comparison to goeasy completely backwards.

Benzinga • Mar 13, 2026