Encore Capital Group, Inc.
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Encore Capital Group, Inc. - Company Capsule
Reference Code: FS0038CC
Published Date: April 2011
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Encore Capital Group, Inc. - Company Capsule Page 1
Encore Capital Group, Inc.
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Encore Capital Group, Inc. - Company Overview
Encore Capital Group, Inc. (Encore) is a purchaser and manager of charged-off consumer receivable portfolios from
national financial institutions, retail credit corporations and resellers. The company’s receivable portfolio is comprised of
unsecured, charged-off domestic consumer credit card, telecom and healthcare receivables. It also includes auto
deficiency and telecom. Encore operates through its wholly owned subsidiary Ascension Capital Group, a provider of
bankruptcy services to the finance industry. The company principally operates in California, Arizona, Minnesota, Texas in
the US and India. Its key subsidiaries include Midland Credit Management, Inc., MRC Receivables Corporation and
Midland Funding NCC-2 Corporation, Midland Portfolio Services, Inc. and Midland Funding LLC. The company is
headquartered in San Diego, California, US.
Financial Performance
The company reported revenue of US$316.42 million during the fiscal year ended 2009. The company's revenue grew at
a CAGR of 11.61% during the period 2007-2009 with a year on year growth of 23.65% over fiscal year 2008. During the
fiscal year 2009, its operating margin was 22.09% as against the operating margin of 17.1% in fiscal year 2008. During
the fiscal year 2009, the company registered a net margin of 10.44% as against the net margin of 5.41% in the fiscal year
2008.
Encore Capital Group, Inc. - Key Facts
Encore Capital Group, Inc., Key Facts
8875 Aero Drive, San Diego,
California (CA), 92123, United Ticker Symbol, Stock
Corporate Address: ECPG (NASDAQ)
Exchange
States
Telephone + 1 877 4454581 No. of Employees 1,638
Fax + 1 800 3064443 Financial Year End December
URL www.encorecapitalgroup.com Revenue (in USD Million) 316.42
Industry Financial Services
Locations United States
Source: Annual Report, Company Website, Primary and Secondary Research
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Encore Capital Group, Inc. - Company Capsule Page 2
Encore Capital Group, Inc.
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Encore Capital Group, Inc. - Major Products and Services
Encore Capital Group, Inc. is a purchaser and manager of charged-off consumer receivable portfolios from national
financial institutions, retail credit corporations and resellers. The company's key services include the following:
Encore Capital Group, Inc., Major Products and Services
Services:
Portfolio acquisition
Payment collection
Source: Annual Report, Company Website, Primary and Secondary Research
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Encore Capital Group, Inc. - Company Capsule Page 3
Encore Capital Group, Inc.
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Encore Capital Group, Inc. - Key Competitors
The following companies are the major competitors of Encore Capital Group, Inc.:
Nicholas Financial, Inc.
Asset Acceptance Capital Corp.
NCO Group, Inc
Asta Funding, Inc.
Rampart Capital Corporation
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Encore Capital Group, Inc. - Company Capsule Page 4
Encore Capital Group, Inc.
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Encore Capital Group, Inc. - Key Employees
Encore Capital Group, Inc., Key Employees
Name Job Title Board Level Since Age
Senior Vice President - Human
Alison James Senior Management
Resources
Senior Vice President - Legal
Collections Operations, Senior Vice
Ashish Masih Senior Management
President, General Counsel, Corporate
Secretary
General Manager, Senior Vice
Blair Korschun Senior Management
President
George Lund Chairman Executive Board 2007 44
President, Chief Executive Officer,
J Brandon Black Executive Board 2005 42
Director
J. Christopher Teets Director Non Executive Board 2007 36
Jim Syran Senior Vice President - Operations Senior Management
John J. Oros Director Non Executive Board 2007 62
Senior Vice President, Chief
Olivier Baudoux Senior Management
Information Officer
Chief Financial Officer, Executive Vice
Paul Grinberg President, Treasurer, President, Chief Executive Board 2010 49
Executive Officer
Chief Financial Officer, Executive Vice
Paul Grinberg President, Treasurer, President, Chief Senior Management 2010 49
Executive Officer
Richard A. Mandell Director Non Executive Board 2007 66
Ronald E. Naves Senior Vice President Senior Management
Timothy J. Hanford Director Non Executive Board 2007 45
Warren Wilcox Director Non Executive Board 2007 51
Willem Mesdag Director Non Executive Board 2007 55
Source: Annual Report, Company Website, Primary and Secondary Research
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Encore Capital Group, Inc. - Company Capsule Page 5
Encore Capital Group, Inc.
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Encore Capital Group, Inc. - Locations and Subsidiaries
Head Office
Encore Capital Group, Inc.
8875 Aero Drive
San Diego
California (CA)
Zip: 92123
United States
Tel: + 1 877 4454581
Fax: + 1 800 3064443
Other Locations & Subsidiaries
Encore Capital Group, Inc., Subsidiaries
Ascension Capital Group, Inc. Midland Credit Management (Mauritius) Ltd
United States Mauritius
Midland Credit Management, Inc.
Midland Credit Management India Private Limited