Recent Updates — WRLD

World Acceptance Corporation appointed John L. Calmes Jr., age 46, as President and Chief Executive Officer effective September 21, 2026. Mr. Calmes previously served as the Company's Executive Vice President, Chief Financial and Strategy Officer since October 2018. He joins from Bank of Tokyo-Mitsubishi UFJ and PricewaterhouseCoopers LLP. His new employment agreement includes a $600,000 base salary, a guaranteed $300,000 bonus for fiscal 2027, and a $500,000 long-term equity incentive grant. Scott McIntyre succeeds Mr. Calmes as Principal Financial Officer. World Acceptance Corporation operates in the consumer finance industry, providing personal installment loans and tax preparation services through over 1,000 branches.

World Acceptance Corporation reported fiscal 2027 first quarter results, with net income of $6.1 million or $1.33 per diluted share, compared to $1.6 million or $0.30 per diluted share in the prior year's first quarter. Total revenues increased 4.8% to $139.2 million. The company's gross loans outstanding were $1.29 billion as of June 30, 2026, and delinquency rates on accounts 0-60 days past due were 18.1% and 0.5% for accounts 0-60 days and 61 days or more past due, respectively. World Acceptance Corporation is a finance company providing personal installment loan solutions and personal tax preparation and filing services.

World Acceptance Corporation entered into an Accordion Increase to its Revolving Credit Agreement on June 29, 2026, adding $15.0 million in new commitments from Investar Bank, National Association. This increase brings the aggregate Commitments of all lenders under the Revolving Credit Agreement agreement to $655.0 million. The company is a provider of consumer finance services in the United States.