olivLaw · US equity research
Enova International, Inc. ENVA
Personal Credit Institutions · SIC 6141 · Vertical: Personal Credit Institutions (SIC 6141)
Enova International is a technology and analytics company that provides online loans and financing to consumers and small businesses, especially those who have bank accounts but limited access to traditional credit. In the third quarter of 2026 it reported revenue above one billion dollars, a first for the company.
At the close of 04 Nov 2026, Enova International, Inc. (ENVA) stock was 181.18 USD (+3.47% on the day), with market capitalisation 4.4 bn USD, P/E 12.5 on diluted EPS of 14.50 USD over the last 12 months, dividend yield 2.05%, beta 1.46, 52-week range 119.49–265.45 USD. Latest reported quarter (Q3 2026): revenue of 1.0 bn USD (+25.7% YoY), net income of 107.3 m USD (+33.6% YoY), diluted EPS 4.06 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 51.6
- neutral
- Bollinger (20, 2)
- 168.08 – 184.53
- in the upper half of the band · %B 0.80 · band width 9.3%
- SMA 50 / 200
- 188.85 / 184.09
- mixed trend
- MACD (12, 26, 9)
- -2.89 / -4.50
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | +1.8% | −1.1% | +2.9 pp | — |
| 3 months | −31.1% | −0.5% | −30.7 pp | — |
| 6 months | +5.0% | +4.4% | +0.6 pp | — |
| Year to date | +15.3% | +12.3% | +2.9 pp | — |
| 1 year | +47.9% | +13.5% | +34.4 pp | +5.4% |
| 3 years | +323.2% | +76.4% | +246.8 pp | +99.1% |
| 5 years | +347.4% | +63.7% | +283.7 pp | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q3 2026 · 30 Sept 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 729.6 m | 745.5 m | 764.0 m | 802.7 m | 839.4 m | 875.1 m | 928.9 m | 1.0 bn |
| Gross profit | 413.0 m | 426.2 m | 441.5 m | 460.7 m | 501.9 m | 529.0 m | 568.1 m | 614.4 m |
| Operating income | 155.2 m | 171.9 m | 184.1 m | 196.8 m | 186.6 m | 207.1 m | 237.1 m | 247.2 m |
| Depreciation & amortisation | 10.2 m | 10.1 m | 10.3 m | 12.4 m | 9.1 m | 8.9 m | 8.4 m | 10.6 m |
| Interest expense | 77.0 m | 80.5 m | 82.8 m | 87.0 m | 89.0 m | 94.0 m | 97.8 m | 103.5 m |
| Pre-tax income | 77.4 m | 91.0 m | 101.1 m | 110.2 m | 98.8 m | 112.9 m | 140.1 m | 142.8 m |
| Income tax | 13.7 m | 18.1 m | 24.9 m | 29.9 m | 19.8 m | 21.8 m | 35.0 m | 35.5 m |
| Net income | 63.7 m | 72.9 m | 76.1 m | 80.3 m | 79.0 m | 91.1 m | 105.1 m | 107.3 m |
| Diluted EPS | 2.30 ≈ | 2.69 | 2.86 | 3.03 | 2.98 ≈ | 3.46 | 4.00 | 4.06 |
| Operating cash flow | 430.5 m | 391.1 m | 447.4 m ≈ | 481.8 m ≈ | 498.8 m | 474.5 m | 544.0 m ≈ | 535.6 m ≈ |
| Capex | 10.2 m | 12.9 m | 11.2 m ≈ | 11.3 m ≈ | 11.7 m | 10.8 m | 12.6 m ≈ | 11.6 m ≈ |
| Share repurchases | 51.2 m | 85.5 m | 55.3 m ≈ | 38.4 m ≈ | 35.3 m | 39.6 m | 19.8 m ≈ | 46.3 m ≈ |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 68 percentile of its own 40-quarter history (min 2.2, median 10.8, max 72.5; quarters with earnings only).
Fiscal years
| Fiscal year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 972.6 m | 1.2 bn | 1.1 bn | 1.2 bn | 1.7 bn | 2.1 bn | 2.7 bn | 3.2 bn |
| Revenue YoY | +33.4% | +20.8% | −7.8% | +11.5% | +43.7% | +22.0% | +25.5% | +18.6% |
| Net income | 70.1 m | 36.6 m | 377.8 m | 256.3 m | 207.4 m | 175.1 m | 209.4 m | 308.4 m |
| Net income YoY | +139.7% | −47.8% | +932.0% | −32.2% | −19.1% | −15.6% | +19.6% | +47.2% |
| Diluted EPS | 1.99 | 1.06 | 11.70 | 6.79 | 6.19 | 5.49 | 7.43 | 11.52 |
| Diluted EPS YoY | +131.4% | −46.7% | +1,003.8% | −42.0% | −8.8% | −11.3% | +35.3% | +55.0% |
| net % | 7.2% | 3.1% | 34.9% | 21.2% | 11.9% | 8.3% | 7.9% | 9.8% |
| Free cash flow | 670.2 m | 828.6 m | 711.4 m | 442.2 m | 850.4 m | 1.1 bn | 1.5 bn | 1.8 bn |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 71.7 m USD
- Financial debt
- 4.5 bn USD
- Net debt
- 4.4 bn USD
- Equity
- 1.3 bn USD
- Total assets
- 6.5 bn USD
- Debt / equity
- 3.37x
- Current ratio
- unavailable
- ROE
- 24.3%
- ROA
- 5.3%
- FCF margin
- 56.2%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 1.1 bn | 1.2 bn | 1.7 bn | 2.1 bn | 2.7 bn | 3.2 bn | SEC (XBRL)· 20 Feb 2026verified |
| Gross profit | 684.2 m | 1.0 bn | 1.1 bn | 1.2 bn | 1.5 bn | 1.8 bn | SEC (XBRL)· 20 Feb 2026verified |
| Operating income | 357.8 m | 413.1 m | 384.0 m | 422.1 m | 584.8 m | 739.4 m | SEC (XBRL)· 20 Feb 2026verified |
| Depreciation & amortisation | 19.7 m | 35.4 m | 36.9 m | 38.2 m | 40.2 m | 41.8 m | SEC (XBRL)· 20 Feb 2026verified |
| EBITDA | 377.5 m ≈ | 448.4 m ≈ | 420.9 m ≈ | 460.3 m ≈ | 625.0 m ≈ | 781.3 m ≈ | SEC (XBRL)· 20 Feb 2026derived |
| Interest expense | 86.7 m | 76.5 m | 115.9 m | 194.8 m | 290.4 m | 339.3 m | SEC (XBRL)· 20 Feb 2026verified |
| Pre-tax income | 435.4 m | 337.2 m | 272.6 m | 227.2 m | 271.1 m | 401.0 m | SEC (XBRL)· 20 Feb 2026verified |
| Income tax | 57.2 m | 80.1 m | 65.2 m | 52.1 m | 61.7 m | 92.6 m | SEC (XBRL)· 20 Feb 2026verified |
| Net income | 377.8 m | 256.3 m | 207.4 m | 175.1 m | 209.4 m | 308.4 m | SEC (XBRL)· 20 Feb 2026verified |
| Diluted EPS | 11.70 | 6.79 | 6.19 | 5.49 | 7.43 | 11.52 | SEC (XBRL)· 20 Feb 2026verified |
| Weighted average diluted shares | 32.3 m | 37.7 m | 33.5 m | 31.9 m | 28.2 m | 26.8 m | SEC (XBRL)· 20 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 297.3 m | 165.5 m | 100.2 m | 54.4 m | 73.9 m | 71.7 m | SEC (XBRL)· 20 Feb 2026verified |
| Property, plant & equipment, net | 79.4 m | 78.4 m | 93.2 m | 108.7 m | 120.0 m | 132.6 m | SEC (XBRL)· 20 Feb 2026verified |
| Goodwill | 268.0 m | 279.3 m | 279.3 m | 279.3 m | 279.3 m | 279.3 m | SEC (XBRL)· 20 Feb 2026verified |
| Intangibles (excl. goodwill) | 26.0 m | 35.4 m | 27.4 m | 19.0 m | 11.0 m | 3.7 m | SEC (XBRL)· 20 Feb 2026verified |
| Total assets | 2.1 bn | 2.8 bn | 3.8 bn | 4.6 bn | 5.3 bn | 6.5 bn | SEC (XBRL)· 20 Feb 2026verified |
| Long-term debt | 946.5 m | 1.4 bn | 2.3 bn | 2.9 bn | 3.6 bn | 4.5 bn | SEC (XBRL)· 20 Feb 2026verified |
| Total liabilities | 1.2 bn | 1.7 bn | 2.6 bn | 3.3 bn | 4.1 bn | 5.1 bn | SEC (XBRL)· 20 Feb 2026verified |
| Equity | 918.8 m | 1.1 bn | 1.2 bn | 1.2 bn | 1.2 bn | 1.3 bn | SEC (XBRL)· 20 Feb 2026verified |
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 740.9 m | 471.9 m | 894.0 m | 1.2 bn | 1.5 bn | 1.8 bn | SEC (XBRL)· 20 Feb 2026verified |
| Capex | 29.5 m | 29.7 m | 43.6 m | 45.2 m | 43.4 m | 47.1 m | SEC (XBRL)· 20 Feb 2026verified |
| Free cash flow | 711.4 m ≈ | 442.2 m ≈ | 850.4 m ≈ | 1.1 bn ≈ | 1.5 bn ≈ | 1.8 bn ≈ | SEC (XBRL)· 20 Feb 2026derived |
| Investing cash flow | 83.6 m | -980.4 m | -1.7 bn | -1.5 bn | -1.9 bn | -2.4 bn | SEC (XBRL)· 20 Feb 2026verified |
| Financing cash flow | -536.0 m | 365.1 m | 724.9 m | 526.5 m | 318.9 m | 711.8 m | SEC (XBRL)· 20 Feb 2026verified |
| Share repurchases | 56.4 m | 116.7 m | 143.1 m | 153.2 m | 289.3 m | 214.6 m | SEC (XBRL)· 20 Feb 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
Score: 62 / 100
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 4.4 bn USD
Key indicators
Coverage and freshness
Score by group
- Balance sheet5
- Growth100
- Quality76
- Returns45
- Valuation65
Estimated value range
The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 48.75 – 4,374.06 USD.
Valuation assumptions are editorial choices, not measured; beta is not measured.
Method ranges (USD per share)
— — Mid · ▏ Price
Valuation methods
- DCF (discounted cash flow)2,040.46 – 4,374.06 (Mid 2,796.05)WACC 6.7% · starting FCFF 2.3 bn USD · terminal value share of EV 83%The WACC × g sensitivity gives the method's bounds; these are not probabilities.Reverse DCF: no growth between −30% and +40% justifies the price
- Peers: EV/EBITDAunavailable · not enough peers
- Peers: P/E131.41 – 225.05 (Mid 192.16)8 companies used · median multiple 13.2x · quartiles 9.1x – 15.5xAFRM, ATLC, BFH, CACC, HAPN, NNI, RM, WRLD
- Dividend discount (DDM)48.75 – 65.56 (Mid 55.92)
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Neutral profile · Score 62/100
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | 11.2% | 70 (on a fixed band) | 11% |
| Net margin · Quality | 10.5% | 60 (vs peers) | 7% |
| FCF conversion · Quality | 524.6% | 100 (on a fixed band) | 7% |
| Revenue CAGR 3Y · Growth | 22.0% | 100 (on a fixed band) | 9% |
| EPS CAGR 3Y · Growth | 23.0% | 100 (on a fixed band) | 9% |
| Net debt / EBITDA · Balance sheet | 5.8x | 0 (on a fixed band) | 11% |
| Interest coverage · Balance sheet | 2.3x | 12 (on a fixed band) | 7% |
| Current ratio · Balance sheet | unavailable | unavailable | — |
| P/E (TTM) · Valuation | 12.5x | 63 (vs peers) | 11% |
| EV/EBITDA · Valuation | 10.6x | 40 (on a fixed band) | 11% |
| FCF yield · Valuation | 45.3% | 100 (on a fixed band) | 9% |
| Shareholder yield (distributions) · Returns | 3.2% | 45 (on a fixed band) | 7% |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet5/100 · 2/3 factors with a value
- Growth100/100 · 2/2 factors with a value
- Quality76/100 · 3/3 factors with a value
- Returns· partial45/100 · 1/2 factors with a value
- Valuation65/100 · 3/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Enova International, Inc. (ENVA). Latest full fiscal year: 2025; data up to 2026-09-30.
Figures computed from the financial statements: revenue 3.2 bn USD in 2025; YoY growth 18.6%; net margin 10.5%; ROE 26.8%; net debt/EBITDA 5.8x.
The estimated value range is 131.41–225.05 USD per share (median of 3 methods, agreement: low); assumptions are illustrative. Against the central value of 192.16 USD, the price of 181.18 USD leaves a potential of 6.1% (value / price − 1) and a margin of safety of 5.7% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.
olivLaw score 62/100, methodological classification: neutral profile (score, margin of safety and method agreement together; not a judgement of the right price). Groups assessed only in part: returns. Not investment advice.
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- ROIC: 11.2%
- FCF conversion: 524.6%
- Revenue CAGR 3Y: 22.0%
- EPS CAGR 3Y: 23.0%
- FCF yield: 45.3%
What contradicts it
- Net debt / EBITDA: 5.8x
- Interest coverage: 2.3x
- The valuation methods diverge
Not assessed (insufficient data or a ratio without meaning): Current ratio, Payout ratio (FCF).
Versus the vertical median
Personal Credit Institutions (SIC 6141) · same industry (4-digit SIC) · compared with 8 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| CACCCredit Acceptance Corp | 5.1 bn | 16.3 | 22.7% | 14.4% | +7.2% | +8% / +9% |
| AFRMAffirm Holdings, Inc. | 4.5 bn | 13.7 | 45.1% | 45.3% | +32.2% | +7% / +120% |
| ENVAEnova International, Inc. | 4.4 bn | 12.5 | 26.8% | 10.5% | +18.6% | +48% / +323% |
| BFHBread Financial Holdings, Inc. | 4.0 bn | 8.3 | 15.9% | — | −19.0% | +55% / +273% |
| HAPNHappen, Inc. | 1.9 bn | 9.3 | 13.8% | — | −58.5% | −8% / +165% |
| ATLCAtlanticus Holdings Corp | 1.5 bn | 12.8 | 24.3% | 5.8% | +50.1% | +69% / +223% |
| WRLDWorld Acceptance Corp | 751.2 m | 19.4 | 9.9% | 6.6% | +3.7% | +4% / +45% |
| RMRegional Management Corp. | 353.4 m | 8.0 | 12.6% | 7.0% | +9.7% | +4% / +79% |
| NNINelnet, Inc. | — | 15.3 | 8.2% | — | unavailable | −1% / +52% |
1- and 3-year price returns: for ENVA from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 127.62 Total return -30% · Per year -30% | 224.60 Total return 24% · Per year 24% | 336.89 Total return 86% · Per year 86% |
| 3 years | 151.38 Total return -16% · Per year -6% | 297.03 Total return 64% · Per year 18% | 485.13 Total return 168% · Per year 39% |
| 5 years | 179.56 Total return -1% · Per year -0% | 392.82 Total return 117% · Per year 17% | 698.58 Total return 286% · Per year 31% |
- Exit P/E± 74.26
- Net margin± 51.98
- Annual revenue growth± 38.77
- Annual dilution± 4.37
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Enova International is a technology and analytics company that provides online loans and financing to consumers and small businesses, especially those who have bank accounts but limited access to traditional credit. In the third quarter of 2026 it reported revenue above one billion dollars, a first for the company 3.
SWOT
Strengths
- The company holds an extensive behavioral data set built over more than two decades of online lending, which supports its underwriting models 1.
- Credit quality improved in the third quarter of 2026, and the net revenue margin rose compared with the prior year 3.
- Liquidity and funding access are solid, allowing both investment and share repurchases 23.
Weaknesses
- The business is heavily exposed to US regulation, where legislative changes can directly affect the products it offers 1.
- High yields on some products attract public criticism, which could harm the company's reputation and demand 1.
- The company relies on bank partners and payment processing, and disruptions in these systems could affect collections 1.
Opportunities
- The Grasshopper acquisition could give access to banking products and a more diversified funding base if approvals and closing go as planned 1.
- The small business lending market is large, and banks leaving loans under one million dollars could favor the company's growth 1.
- Expansion in Brazil, where the company plans further investment, could add volume outside the United States 1.
Threats
- New laws or changed interpretations of lending rules could restrict products, raise compliance costs or close markets 1.
- Litigation or regulatory proceedings could have significant effects on results if courts reject the company's contractual terms 1.
- A weaker economy could raise credit losses and reduce demand for the company's products 1.
Risks
- Strict regulationhigh
The business is subject to extensive regulation, and failure to comply could lead to penalties and added costs 1.
- Litigation and enforcementhigh
Ongoing litigation or regulatory proceedings could have a material adverse effect on financial condition 1.
- Reliance on fundingmedium
The company carries significant indebtedness, and if capital markets weaken, the cost or availability of funding could be affected 1.
- Grasshopper acquisitionmedium
Regulatory approvals could take longer than expected or impose conditions not currently anticipated, and the deal might not close on the announced timetable 1.
- Rising customer defaultsmedium
Higher default rates could make the company's loans less attractive to lenders and investors and could affect access to capital 1.
Investment thesis
What would need to be true (bull case)
- If revenue and origination growth persist alongside stable credit quality, margins could remain high 3.
- If the Grasshopper acquisition closes, the company could gain its own bank platform and a more diversified funding structure 1.
- If demand in its large markets keeps growing, the company could benefit from its technology edge and accumulated data 1.
What would break the thesis
What to watch
- Completion of the Grasshopper acquisition and OCC and Federal Reserve approvals2026
- Net charge-off ratio and net revenue marginQ4 2026
- CFPB developments on the Small Dollar Rule and Section 1071next 10-K
- Use of share repurchase capacity and investment in Brazil2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Enova operates through one reportable segment covering all its online financial services, from installment loans and lines of credit for consumers to financing for small businesses 12. Its proprietary underwriting models, largely machine learning enabled, let it approve and fund applications quickly, usually the next business day 1. In December 2025 the company agreed to acquire Grasshopper Bancorp, with closing expected in the second half of 2026 1.
Segments
Consumer installment loans
Consumer installment loans carry terms of 3 to 60 months and sizes between 300 and 10,000 dollars, with an average annualized yield of 90% in 2025 1. The product is offered in 36 US states and in Brazil, where the company arranges unsecured loans 2.
Small business financing
Small business installment loans and lines of credit are available in all 49 states and Washington D.C., with sizes between 5,000 and 400,000 dollars 12. The average annualized yield was 48% for installment loans and 49% for lines of credit in 2025 1.
Consumer lines of credit
Consumer lines of credit are offered in 31 states with limits between 100 and 7,000 dollars, and the average annualized yield was 147% in 2025 1. This is the highest-yielding product in the portfolio and the one most exposed to public criticism of credit costs.
Market context
The company estimates an 85 billion dollar consumer lending market in the United States and a 49 billion dollar market in Brazil, while the US small business loan market is estimated at 313 billion dollars 1. Demand could stay high if banks keep withdrawing from loans under one million dollars, a trend the source attributes to tighter banking rules 1.
Trends
- Small Dollar Rule enforcementmixed
The CFPB said it would not prioritize enforcement of certain payment provisions, but indicated it might narrow the rule; if enforcement tightens, changes to payment processes could affect operations 1.
- Small business data reportingheadwind
Section 1071 requires collection and reporting of small business credit application data, and its deadlines were pushed back; if the rule stays in force, the company will need to update its application process 1.
- Improving credit qualitytailwind
The consolidated net charge-off ratio fell to 8.1% from 8.5% a year earlier, and the net revenue margin rose to 61%, suggesting stable credit risk 3.
- Funding costs and capital marketsmixed
Total liquidity reached 1.3 billion dollars, and favorable capital markets execution supported growth; if markets deteriorate, access to capital could become more expensive 23.
Competitive position
The sources list banks, credit card companies and other online consumer and small business lenders as competitors 1. The company's claimed advantage rests on its data history, its licenses in all required jurisdictions and the brand recognition built over more than two decades 1.
- Commercial and digital banks
Banks compete in small business lending and are withdrawing from smaller loans; the Grasshopper deal shows digital banks are also part of the picture 1.
- Credit card companies
Card issuers are named as alternatives for consumers with limited access to bank credit 1.
- Other online consumer lenders
The sources cite online lenders as ongoing pressure on pricing and approval rates 1.
- Online small business lenders
Platforms funding small businesses are named as an alternative to traditional bank financing 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
- Why Enova International Stock Was Plummeting This WeekYahoo Finance — News · 18 Sept 2026 · EN
- Enova scraps Grasshopper dealYahoo Finance — News · 15 Sept 2026 · EN
- Stocks making the biggest moves premarket: Dave & Buster's, Enova, Etsy & moreCNBC — Top News · 15 Sept 2026 · EN
The latest news item in our archive is from 18 Sept 2026; the newest SEC filing is from 04 Nov 2026. The press archive comes from the RSS feeds we follow and does not necessarily cover the latest event — the filings alongside do.
SEC filings
- Current report04 Nov 2026Other events · Financial statements and exhibits
- Current report03 Nov 2026Regulation FD disclosure · Financial statements and exhibits
- Current report30 Oct 2026Material agreement · Creation of a direct financial obligation
- Quarterly report22 Oct 2026
- Current report22 Oct 2026Results of operations · Financial statements and exhibits
- Current report16 Oct 2026Material agreement · Termination of a material agreement · Financial statements and exhibits
- Current report13 Oct 2026Material agreement · Creation of a direct financial obligation
- Current report25 Sept 2026Material agreement · Creation of a direct financial obligation · Financial statements and exhibits
- Current report17 Sept 2026Material agreement · Creation of a direct financial obligation
- Current report15 Sept 2026Regulation FD disclosure · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Enova International, Inc. · 20 Feb 2026
- [2] Form 10-Q, quarter ended 2026-09-30 · SEC / Enova International, Inc. · 22 Oct 2026
- [3] Form 8-K, results release (exhibit 99.1) · SEC / Enova International, Inc. · 22 Oct 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.