Press Releases

Michael Monaco to Become Non-Executive Chairman of Encore Capital Group
Thursday, November 2, 2017

SAN DIEGO, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group (NASDAQ:ECPG) today announced that Willem Mesdag has resigned from its Board of Directors effective November 1, 2017. Mr. Mesdag had served on the Board since May 2007 and as the Company’s non-executive Chairman since February 2014. With the announcement of Mr. Mesdag’s departure, the Board unanimously elected Michael Monaco, a current independent director, as Chairman. “This…

Encore Capital Group to Announce Third Quarter 2017 Financial Results on November 2
Friday, October 20, 2017

SAN DIEGO, Oct. 20, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter of 2017 on Thursday, November 2, 2017, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

Encore Capital Group Announces Expansion in the U.K. Through Acquisition of Wescot by Cabot Credit Management
Thursday, August 24, 2017

Acquisition to Further Strengthen Encore Leadership in U.K. Market SAN DIEGO, Aug. 24, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Encore) an international specialty finance company (NASDAQ:ECPG), today announced that its subsidiary, U.K.-based Cabot Credit Management (Cabot), has entered into an agreement to acquire Wescot Credit Services Limited, a leading U.K. contingency debt collection and business process outsourcing (BPO) services company. Encore acquired a…

Encore Capital Group Announces Second Quarter 2017 Financial Results
Thursday, August 3, 2017

SAN DIEGO, Aug. 03, 2017 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the second quarter ended June 30, 2017. “The second quarter for Encore was a period of solid financial and operational…

Encore Capital Group to Announce Second Quarter 2017 Financial Results on August 3
Thursday, July 27, 2017

Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the second quarter of 2017 on Thursday, August 3, 2017, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern…

Encore Capital Group to Present and Meet with Investors at the William Blair Growth Stock Conference
Friday, June 9, 2017

SAN DIEGO, June 09, 2017 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company providing debt recovery solutions for consumers, announced today that Ashish Masih, President of Encore’s Midland Credit Management subsidiary and soon-to-be President and Chief Executive Officer of Encore, Paul Grinberg, International Group Executive and soon-to-be President, International, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas,…

Encore Capital Group Launches Financial Literacy Program For Students
Tuesday, June 6, 2017

– Program allows employee volunteers to provide financial basics to high school and college students – SAN DIEGO, June 6, 2017 — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, announced its financial literacy program, Money Matters. This initiative, part of Encore’s Corporate Social Responsibility program, promotes financial literacy in schools by having…

Encore Subsidiary Midland Funding Prevails in U.S. Supreme Court Decision
Tuesday, May 16, 2017

SAN DIEGO, May 16, 2017 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company, today announced that its subsidiary Midland Funding prevailed in the case Midland Funding, LLC v. Johnson, which was before the Supreme Court of the United States. The high court reversed the U.S. Court of Appeals for the Eleventh…

Ashish Masih to Become President and CEO of Encore Capital Group
Thursday, May 4, 2017

SAN DIEGO, May 04, 2017 (GLOBE NEWSWIRE) — Encore Capital Group (NASDAQ:ECPG) today announced that President and Chief Executive Officer (CEO) Ken Vecchione will be leaving the company to become the President of Western Alliance Bancorporation. Following Encore’s long-established succession plan, Ashish Masih will become Encore’s President and CEO, which follows his recent appointment as President…

Encore Capital Group Announces First Quarter 2017 Financial Results
Thursday, May 4, 2017

– Improved pricing and supply in the U.S. market driving better returns – Higher purchase price multiples reflect more efficient capital deployment SAN DIEGO, May 04, 2017. Encore Capital Group, Inc. (NASDAQ:ECPG), an international specialty finance company providing debt recovery solutions for consumers across a broad range of assets, today reported consolidated financial results for the…