Portfolio Recovery Associates, Inc.

• Other Notables

Portfolio Recovery Associates Inc. celebrated its 15th anniversary on Monday at the Nasdaq Stock Market in New York. Steve Fredrickson, Portfolio Recovery's chairman, president and CEO, rang the Nasdaq bell to open the day's trading.

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• April 27, 2011

• Hampton Roads and Nation

Portfolio Recovery's profit surges 30% Portfolio Recovery Associates Inc. said its second-quarter net income rose 30 percent. The Norfolk-based company, which buys pools of charged-off consumer debt and attempts to collect it, reported net income of $25.58 million, compared with $19.68 million a year ago. Diluted earnings per share rose to $1.48 from $1.14.

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• July 29, 2011

• Portfolio Recovery Associates Inc. Local Companys Income Up 34%

BY TOM SHEAN THE VIRGINIAN-PILOT

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• October 28, 2005

• Hampton Roads and Nation

Portfolio Recovery's profit jumps 83% Portfolio Recovery Associates Inc., which buys pools of consumer debt and attempts to collect it, reported Wednesday that its income leapt 83 percent in the quarter ended Sept. 30.

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• October 28, 2010

• Briefs

Portfolio recovery raises $71.6 million Portfolio Recovery Associates Inc., the Norfolk-based debt collector, said it raised $71.6 million after commissions and expenses from a public offering of its common stock. The company said it sold 1.25 million new shares, while underwriters for the offering exercised their options to buy an additional 187,500 shares .

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• February 24, 2010

• Hampton Roads, Nation and World

Portfolio Recovery's income surges 68% Portfolio Recovery Associates Inc., which buys large pools of consumer debt and attempts to collect it, reported a 68 percent jump in second-quarter income, partly from greater productivity among its collectors. The Norfolk-based company said it earned $19.7 million in the April-through-June quarter, compared with $11.7 million a year ago. Earnings per share were $1.14, up from 76 cents.

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• July 30, 2010

• Portfolio's Income Surges 60%

Portfolio Recovery Associates Inc., reported Wednesday that its first-quarter net income jumped 60 percent because of stronger cash collections and increased productivity. The Norfolk-based company, which buys portfolios of defaulted consumer debt and attempts to collect it, earned $23.71 million, or $1.34 per diluted share for the January-through-March period. That was up from $14.81 million, or $0.91 per diluted share, in the comparable quarter of 2010. Analysts tracked by Thomson Financial estimated that Portfolio would earn $1.29 a share on first-quarter revenues of $108.55 million.

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• May 06, 2011

• Hampton Roads, State and Nation

Portfolio Recovery gets stake in company Portfolio Recovery Associates Inc., which specializes in buying pools of defaulted consumer debt and attempts to collect it, said Monday that it acquired a major stake in a Pennsylvania company that provides recovery services from settlements of class-action claims.

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• March 16, 2010

• Hampton Roads/Nation

Portfolio's profit falls 15% Portfolio Recovery Associates Inc., which buys and collects defaulted consumer debt, said its first-quarter net income fell 15 percent despite a 6 percent rise in revenues.

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• April 29, 2009

• Debt- Collection Firms Income Up

The Virginian-pilot Portfolio Recovery Associates Inc., which buys pools of defaulted consumer debt and attempts to collect them , said Tuesday that its second-quarter net income rose 34 percent partly because of improved productivity .

• The Virginian-Pilot and The Ledger-Star, Norfolk, VA
• August 02, 2005