Enova International Inc (FRA:27E)
€ 93.5 2.5 (2.75%) Market Cap: 2.42 Bil Enterprise Value: 5.54 Bil PE Ratio: 15.73 PB Ratio: 2.20 GF Score: 86/100

Enova International, Inc. Presents at Credit Suisse 20th Annual Financial Services Forum, Feb-13-2019 11:45 AM Transcript

Feb 13, 2019 / 04:45PM GMT
Release Date Price: €21.37 (+0.28%)
Moshe Ari Orenbuch;dit Suisse AG
CrÃ;Research Division - MD and Equity Research Analyst

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Pleased to have Enova with us this morning. Enova's a leading online nonprime lender, separated from Cash America about 4 years ago, I guess. And Steve Cunningham, the Chief Financial Officer, joined them in 2016 from Discover where he was the Chief Risk Officer of their credit businesses. And it's a very interesting story. I think it's been one of the best performing of those nonprime lenders. And I think we look forward to an interesting discussion about the company and the state of that business.

Questions & Answers

Moshe Ari Orenbuch;dit Suisse AG
CrÃ;Research Division - MD and Equity Research Analyst

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So maybe kick it off. There are different business models out there and Enova has kind of divided itself into a number of business lines but is exclusively online. So when you think about the different models there, completely branch-based, there are some that are kind of mixtures of both. But you've gone

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