World Acceptance Corp (WRLD) is a prominent consumer loan company that specializes in providing various personal loans, credit insurance, and other financial services. The company is headquartered in Greenville, South Carolina, and operates over 1,200 branches across the United States and Mexico.
World Acceptance Corp was founded in 1962, and since its inception, it has been devoted to helping individuals with their financial needs. The company's primary service involves offering short-term and medium-term installment loans, as well as related products to individuals who may have limited access to other sources of consumer credit. These consumer loans are usually secured by personal property.
World Acceptance Corp also provides an income tax return preparation service to its loan customers, in addition to offering credit insurance products. These insurance products include credit life insurance that repays the remaining balance on a loan if the borrower dies, and credit accident and health insurance that repays the loan if the borrower becomes disabled.
The company serves consumers who might not have access to traditional banking or credit services. Many of these customers have low to moderate incomes, often living paycheck to paycheck, and World Acceptance Corp strives to give them access to reliable and credible financial services. They place great value on building strong relationships with their customers, with the overriding aim of helping them improve their financial circumstances.
The company's business model is heralded for its customer-centered approach. World Acceptance Corp operates primarily from small offices within close proximity to its clients, fostering a more intimate understanding of each customer’s individual financial needs. This makes them a popular choice for those seeking financial assistance or services.
Like any other company, World Acceptance Corp is subject to various regulations from the Consumer Financial Protection Bureau and state regulators. They navigate these strict regulations by maintaining a clear, honest, and transparent business practice. This approach, coupled with their customer-service-centric business model, has propelled World Acceptance Corp to be a leading provider in consumer finance, helping hard-working individuals secure the financial help they need.
As publicly traded company (NASDAQ: WRLD), World Acceptance Corp continues to expand its services to reach a wider consumer base, advancing its commitment to serving the underbanked and underserved communities. Despite its considerable growth over the years, the company remains grounded in its original vision - to provide everyone, regardless of their income or financial history, access to trustworthy and responsible credit.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
World Acceptance (NASDAQ:WRLD) shares have moved above their 200-day moving average, trading at $170.07 after reaching a high of $172.38. Despite this, analysts maintain a "Hold" rating, and insiders have sold $26.6 million worth of shares in the past three months. The company's recent quarterly EPS of $2.12 significantly beat estimates, though revenue fell short, and institutional investors own 83.63% of the company.
World Acceptance Corporation has appointed John L. Calmes Jr. as its new President and Chief Executive Officer, effective September 21, 2026. Calmes, who has been with the company since 2013, will receive a base salary of $600,000, a guaranteed $300,000 bonus for fiscal year 2027, and a $500,000 equity incentive. Scott McIntyre will succeed Calmes as Principal Financial Officer for SEC reporting purposes.
World Acceptance Corporation (NASDAQ: WRLD) has appointed John L. Calmes Jr. as its new President and CEO, effective September 21, 2026, with an annual base salary of $600,000 and significant incentive opportunities. Scott McIntyre will assume the role of Principal Financial Officer. Calmes' compensation package also includes a guaranteed $300,000 bonus for fiscal year 2027 and a $500,000 long-term equity award.
WINTON GROUP Ltd significantly reduced its stake in World Acceptance Corporation (NASDAQ:WRLD) by 68.7% in the second quarter, selling over 15,000 shares. Despite this, other institutional investors have either increased their positions or initiated new ones. The company reported strong Q2 EPS but missed revenue estimates, and analysts currently hold a "Hold" rating on the stock, with recent insider selling activity noted.
Bank of New York Mellon Corp acquired a new stake of 20,447 shares in World Acceptance Corporation (NASDAQ:WRLD) during the second quarter, valued at approximately $4.58 million. Other institutional investors also adjusted their positions, and analysts currently rate the stock as "Hold." The article also details recent insider selling activity and the company's financial performance.
World Acceptance Corporation (WRLD) is evaluated as a "Sell" due to its outdated storefront lending model facing increasing competition from app-based fintech. The company's reliance on refinancing existing customers and declining new customer originations, particularly among young subprime borrowers, suggests a structural decline. Despite these challenges, WRLD trades at a high valuation compared to its subprime peers, leading to a fair value estimate of $95-$130 against its current $190.