Southfield, Michigan, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the Best Places to Work in IT by Computerworld for the 11th year. Credit Acceptance ranked #2 among midsize companies, up six spots from last year. This award recognizes companies with comprehensive tech-led strategies that foster an inclusive, supportive, and growth-oriented workplace.
Southfield, Michigan, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2025 Top Workplace in Michigan by the Detroit Free Press, ranking #2 among large companies, the same as last year. This marks our 14th consecutive year earning this honor.
Alfreton Capital LLP decreased its position in Credit Acceptance Corporation (NASDAQ: CACC) by 1.7% in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 186,826 shares of the credit services provider's stock after selling 3,174 shares during the quarter. Credit Acceptance comprises about 27.6%
Southfield, Michigan, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $625.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
Credit Acceptance posts 11% y/y earnings jump in 3Q25 as higher revenues and lower credit loss provisions offset rising expenses.
Credit Acceptance Corporation ( CACC ) Q3 2025 Earnings Call October 30, 2025 5:00 PM EDT Company Participants Jay Martin - Chief Financial Officer Kenneth Booth - CEO, President & Director Douglas Busk - Chief Treasury Officer Conference Call Participants John Rowan - Janney Montgomery Scott LLC, Research Division Robert Wildhack - Autonomous Research US LP Ryan Shelley - BofA Securities, Research Division Moshe Orenbuch - TD Cowen, Research Division Kyle Joseph - Stephens Inc., Research Division Presentation Operator Good day, everyone, and welcome to the Credit Acceptance Corporation Third Quarter 2025 Earnings Call. A webcast recording and transcript of today's earnings call will be made available on Credit Acceptance's website.
Credit Acceptance (CACC) came out with quarterly earnings of $10.28 per share, beating the Zacks Consensus Estimate of $9.61 per share. This compares to earnings of $6.35 per share a year ago.
Southfield, Michigan, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $108.2 million, or $9.43 per diluted share, for the three months ended September 30, 2025. Adjusted net income, a non-GAAP financial measure, for the three months ended September 30, 2025 was $117.9 million, or $10.28 per diluted share.
Southfield, Michigan, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Kenneth S. Booth, Chief Executive Officer and President and a member of the Company's Board of Directors, will retire as of January 31, 2026. Mr. Booth will remain a member of the Company's Board of Directors. The Board of Directors has unanimously elected and appointed Vinayak R. Hegde as the Company's next Chief Executive Officer and President, effective November 13, 2025. As of this date, Mr. Booth will transition to Executive Board Member.
Southfield, Michigan, Oct. 23, 2025 (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 third quarter 2025 earnings on Thursday, October 30, 2025, after the market closes. A webcast is scheduled for Thursday, October 30, 2025, at 5:00 p.m. Eastern Time to discuss third quarter 2025 earnings.
