v3.25.1
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue and other income:    
Consumer loans, including past due fees $ 247,655 $ 230,374
Fees and related income on earning assets 78,341 47,905
Other revenue 18,877 11,895
Total operating revenue and other income 344,873 290,174
Other non-operating income 293 532
Total revenue and other income 345,166 290,706
Interest expense (47,530) (35,063)
Provision for credit losses (1,068) (2,944)
Increase (Decrease) in Fair Value of Loans and Fees Receivable Recorded at Fair Value (178,345) (159,171)
Net margin 118,223 93,528
Operating expenses:    
Salaries and benefits (15,503) (13,312)
Card and loan servicing (32,152) (26,822)
Marketing and solicitation (20,334) (10,428)
Depreciation (797) (654)
Other (8,569) (9,491)
Total operating expenses (77,355) (60,707)
Income before income taxes 40,868 32,821
Income tax expense (9,746) (7,002)
Net income 31,122 25,819
Net loss attributable to noncontrolling interests 398 351
Net income attributable to controlling interests 31,520 26,170
Preferred stock and preferred unit dividends and discount accretion (3,574) (6,292)
Net income attributable to common shareholders $ 27,946 $ 19,878
Net income attributable to common shareholders per common share—basic (in dollars per share) $ 1.85 $ 1.35
Net income attributable to common shareholders per common share—diluted (in dollars per share) $ 1.49 $ 1.09