Market Movers (8-K)
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Credit Acceptance Corporation reported a significant increase in net income for the second quarter of 2026, driven by improved profitability, strengthening origination trends, and AI-driven efficiencies.
Better than expected
NASDAQ
Credit Acceptance Corporation announced the mutual agreement for Chief Technology Officer Ravi Mohan to resign, effective August 14, 2026, with a transition to advisory services.
NASDAQ
Credit Acceptance Corporation announced the resignation of director Kenneth S. Booth, leading to a reduction in the board size from six to five members.
NASDAQ
Credit Acceptance Corporation has successfully extended its revolving secured line of credit facility by one year and secured a reduced interest rate.
NASDAQ
Credit Acceptance Corporation announced the appointment of Joseph Billante as Chief Financial Officer, succeeding Jay Martin who is retiring after 23 years.
NASDAQ
Credit Acceptance Corporation reports on its Annual Meeting of Shareholders held on June 10, 2026, detailing director elections, executive compensation approval, and auditor ratification.
Quarterly Earnings (10-Q)
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Credit Acceptance Corporation reported a strong first quarter of 2026, with net income rising 27.8% year-over-year to $135.8 million, driven by a significant decrease in the provision for credit losses.
Better than expected
Capital raise
NASDAQ
Credit Acceptance Corporation reported a significant increase in net income and diluted EPS for Q3 2025, driven by lower credit loss provisions, despite a notable decline in consumer loan assignment volumes.
Capital raise
Better than expected
NASDAQ
Credit Acceptance Corporation swung to a significant net income in the second quarter of 2025, driven by increased finance charges and a substantial reduction in credit loss provisions, despite a decline in new loan assignment volumes.
Better than expected
Capital raise
NASDAQ
10-Q: Credit Acceptance Corporation Reports Q1 2025 Results: Net Income Surges Amid Portfolio Growth
Credit Acceptance Corporation's Q1 2025 net income increased significantly, driven by finance charge revenue and a decrease in provision for credit losses, despite a decline in Consumer Loan assignment volume.
Better than expected
NASDAQ
Credit Acceptance Corporation's Q3 2024 results show increased revenue but are impacted by higher credit loss provisions and interest expenses.
Worse than expected
NASDAQ
10-Q: Credit Acceptance Corporation Reports Net Loss in Q2 2024 Amidst Increased Credit Loss Provisions
Credit Acceptance Corporation reported a net loss for the second quarter of 2024, primarily due to increased provisions for credit losses and higher interest expenses.
Worse than expected
Annual Reports (10-K)
NASDAQ
Credit Acceptance Corporation reported a significant increase in net income for 2025, driven by lower credit losses and higher finance charges, despite a decline in loan assignment volumes.
Capital raise
Better than expected
NASDAQ
10-K: Credit Acceptance Corporation Reports $247.9 Million Net Income for 2024, Despite Increased Expenses
Credit Acceptance Corporation's 2024 net income decreased to $247.9 million due to rising interest expenses and credit loss provisions, despite revenue growth.
Worse than expected
NASDAQ
Credit Acceptance Corporation reported a decrease in net income for 2023, primarily attributed to increased provision for credit losses and interest expenses, despite growth in consumer loan assignment volume.
Worse than expected
Insider Trading (Form 4)
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Jill Foss Watson, a 10% owner of Credit Acceptance Corp, sold 1,436 shares of common stock on July 16, 2026.
NASDAQ
Steffen Schumann, Chief Business Officer at Credit Acceptance Corp, acquired 3,494 shares of common stock on June 15, 2026.
NASDAQ
Jill Foss Watson, a director at Credit Acceptance Corp, reported the sale of a significant number of common shares on July 2, 2026.
NASDAQ
Prescott General Partners LLC reports changes in beneficial ownership of Credit Acceptance Corp. common stock.
NASDAQ
Nicholas J. Elliott, Chief Transformation Officer at Credit Acceptance Corp, reported transactions involving common stock and employee stock options.
NASDAQ
Credit Acceptance Corp. Chief Operating Officer Jonathan Lum reported a transaction involving the sale of 6,000 shares of common stock.
Proxy Statements (Def-14A)
NASDAQ
Credit Acceptance Corporation has filed its 2026 Proxy Statement detailing the upcoming Annual Meeting of Shareholders on June 10, 2026, focusing on director elections, executive compensation, and auditor ratification.
NASDAQ
Credit Acceptance Corporation has filed a definitive proxy statement related to its upcoming shareholder meeting.
NASDAQ
Credit Acceptance Corporation's proxy statement details the agenda for the 2025 annual shareholder meeting, director nominees, executive compensation, and other corporate governance matters.
NASDAQ
Credit Acceptance Corporation has filed a definitive proxy statement related to its upcoming shareholder meeting.
NASDAQ
Credit Acceptance Corporation is seeking shareholder approval to amend its Amended and Restated Incentive Compensation Plan to increase the number of shares available for issuance by 250,000.
Schedule 13D - Activist Investments
NASDAQ
Several entities and individuals, including Prescott General Partners LLC and Thomas W. Smith, have filed Amendment No. 14 to their Schedule 13D concerning Credit Acceptance Corporation, detailing their beneficial ownership and potential future actions.
NASDAQ
A group of trusts associated with the late Donald A. Foss reported the sale of 66,300 shares of Credit Acceptance Corporation common stock.
NASDAQ
A group of significant shareholders, including Prescott General Partners LLC and Thomas W. Smith, filed an Amendment No. 13 to their Schedule 13D, detailing updated beneficial ownership in Credit Acceptance Corporation and recent share transactions.
Schedule 13G - Passive Investments
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John P. Neary, as co-trustee of the Marital Trust U/A Donald A. Foss Trust, reports beneficial ownership of 710,297 shares, representing 6.8% of Credit Acceptance Corporation's common stock as of March 31, 2026.
NASDAQ
Investment adviser Boston Partners has reported a new 5.09% passive ownership stake in Credit Acceptance Corp, totaling 546,832 shares.
NASDAQ
Investment adviser Ruane, Cunniff & Goldfarb L.P. reported a 4.9% beneficial ownership of Credit Acceptance Corporation's common stock as of December 31, 2025.
NASDAQ
John P. Neary, as co-trustee of the Marital Trust U/A Donald A. Foss Trust, reported beneficial ownership of 7.6% of Credit Acceptance Corporation's common stock.
NASDAQ
SCHEDULE 13G/A: Donald A. Foss Trust Maintains Significant Passive Stake in Credit Acceptance Corporation
John P. Neary, as co-trustee of the Marital Trust U/A Donald A. Foss Trust, has filed an amendment to disclose a continued 7.8% beneficial ownership in Credit Acceptance Corporation.
NASDAQ
SCHEDULE 13G/A: Donald A. Foss Trust Co-Trustee Discloses 8.1% Passive Stake in Credit Acceptance Corporation
John P. Neary, as co-trustee of the Marital Trust U/A Donald A. Foss Trust, has filed an amended Schedule 13G disclosing a passive 8.1% beneficial ownership stake in Credit Acceptance Corporation.