CACC
Credit Acceptance Corporation
NASDAQ · Financial Services · Financial - Credit Services · US
$604.72
+0.52%Sep 4, 2026, 20:14 UTC
Credit Acceptance Corp announced that Jay D. Martin will transition to the role of unsalaried employee advisor effective September 3, 2026, with continued vesting of outstanding equity awards and certain benefit provisions during the term.
Aug 20, 2026, 20:02 UTC
Credit Acceptance Corporation completed a $600.0 million asset-backed non-recourse secured financing, conveying loans valued at approximately $750.2 million to a special purpose entity that will issue three classes of notes.
Source:Aug 20, 2026, 07:24 UTC
Bank of America Corp DE increased its stake in Credit Acceptance Corporation by 47.9% during the second quarter of 2026, according to a Form 13F filing.
Source:Aug 13, 2026, 13:00 UTC
Credit Acceptance Corporation announced that Jeetu Mirchandani will join the company as Chief Technology Officer on August 27, 2026, to lead its engineering organization and technology strategy.
Source:Aug 4, 2026, 20:02 UTC
Credit Acceptance Corporation announced its financial results for the second quarter of 2026, reporting consolidated net income of $135.9 million, or $12.66 per diluted share, and adjusted net income of $130.1 million, or $12.12 per diluted share, for the three months ended June 30, 2026.
Jul 24, 2026, 00:00 UTC
Ravi Mohan departed as Chief Technology Officer of Credit Acceptance Corp effective August 14, 2026, by mutual agreement.
Source:Jun 10, 2026, 20:30 UTC
Credit Acceptance Corporation appointed Joe Billante as Chief Financial Officer, effective July 27, 2026, succeeding Jay Martin who will retire on the same date.
Source:Jun 9, 2026, 20:02 UTC
Credit Acceptance Corporation extended the maturity of its revolving secured line of credit facility from June 22, 2028 to June 22, 2029 and reduced the interest rate from SOFR plus 197.5 basis points to SOFR plus 175 basis points.
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