Loan Originations of $628 million, up 66% from $379 million
Organic Loan Growth of $216 million, up 191% from $74 million
Loan Portfolio of $2.37 billion, up 32% from $1.80 billion
Quarterly Diluted Earnings per Share of $2.32, up 100% from $1.16
Adjusted Quarterly Diluted Earnings per Share1 of $2.83, up 8% from $2.61
MISSISSAUGA, Ontario, Aug. 10, 2022 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), one of Canada’s leading non-prime consumer lenders, today reported results for the second quarter ended June 30, 2022.
Second Quarter Results
During the quarter, the Company experienced record loan originations of $628 million, up 66% compared to the $379 million produced in the second quarter of 2021. The increase in lending was driven by a record volume of applications for credit, which were up 51% over the prior…
