FirstCash (FCFS)
Market Price (8/30/2026): $219.04 | Market Cap: $9.6 BilSector: Financials | Industry: Consumer Finance
FirstCash (FCFS)
Market Price (8/30/2026): $219.04Market Cap: $9.6 BilSector: FinancialsIndustry: Consumer Finance
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15% Attractive yieldFCF Yield is 6.3% Low stock price volatilityVol 12M is 32% Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Circular Economy & Recycling. Themes include Alternative Lending, and Second-hand Marketplaces. | Key risksFCFS key risks include [1] a significant CFPB lawsuit and related securities class action claims alleging violations of the Military Lending Act. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 16%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 15% |
| Attractive yieldFCF Yield is 6.3% |
| Low stock price volatilityVol 12M is 32% |
| Megatrend and thematic driversMegatrends include Fintech & Digital Payments, and Circular Economy & Recycling. Themes include Alternative Lending, and Second-hand Marketplaces. |
| Key risksFCFS key risks include [1] a significant CFPB lawsuit and related securities class action claims alleging violations of the Military Lending Act. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/26/2026
FirstCash (FCFS) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Q2 2026 Financial Results and Shareholder Initiatives.
FirstCash reported robust financial performance for fiscal Q2 2026, which ended June 30, 2026. The company announced its earnings on July 23, 2026, beating analysts' expectations with an Earnings Per Share (EPS) of $2.50 against an estimate of $2.39, representing a 4.60% beat. Revenue also exceeded forecasts, reaching $1.07 billion compared to the estimated $1.03 billion, marking a significant 29.4% year-over-year increase. This positive earnings surprise was accompanied by the declaration of a $0.42 quarterly dividend and the authorization of a new $150 million share repurchase plan, signaling financial health and a commitment to returning capital to shareholders.
2. Strategic Expansion and Positive Analyst Sentiment.
FirstCash continued its strategic growth initiatives during the period, notably with the announced acquisition of Ramsdens, a UK-based pawn and financial services operator, on June 23, 2026. This acquisition is expected to add $200 million in revenue and $26 million in net income, significantly expanding the company's presence in the UK market. The company also received generally positive attention from analysts, holding a consensus rating of "Moderate Buy" or "Strong Buy" with an average price target ranging from $249.00 to $249.25. Several firms, including Loop Capital and TD Cowen, reiterated or upgraded their ratings and boosted price targets.
Show more
FirstCash (FCFS) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Q2 2026 Financial Results and Shareholder Initiatives.
FirstCash reported robust financial performance for fiscal Q2 2026, which ended June 30, 2026. The company announced its earnings on July 23, 2026, beating analysts' expectations with an Earnings Per Share (EPS) of $2.50 against an estimate of $2.39, representing a 4.60% beat. Revenue also exceeded forecasts, reaching $1.07 billion compared to the estimated $1.03 billion, marking a significant 29.4% year-over-year increase. This positive earnings surprise was accompanied by the declaration of a $0.42 quarterly dividend and the authorization of a new $150 million share repurchase plan, signaling financial health and a commitment to returning capital to shareholders.
2. Strategic Expansion and Positive Analyst Sentiment.
FirstCash continued its strategic growth initiatives during the period, notably with the announced acquisition of Ramsdens, a UK-based pawn and financial services operator, on June 23, 2026. This acquisition is expected to add $200 million in revenue and $26 million in net income, significantly expanding the company's presence in the UK market. The company also received generally positive attention from analysts, holding a consensus rating of "Moderate Buy" or "Strong Buy" with an average price target ranging from $249.00 to $249.25. Several firms, including Loop Capital and TD Cowen, reiterated or upgraded their ratings and boosted price targets.
Show more
Updated on 8/26/2026
FirstCash (FCFS) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Q2 2026 Financial Results and Shareholder Initiatives.
FirstCash reported robust financial performance for fiscal Q2 2026, which ended June 30, 2026. The company announced its earnings on July 23, 2026, beating analysts' expectations with an Earnings Per Share (EPS) of $2.50 against an estimate of $2.39, representing a 4.60% beat. Revenue also exceeded forecasts, reaching $1.07 billion compared to the estimated $1.03 billion, marking a significant 29.4% year-over-year increase. This positive earnings surprise was accompanied by the declaration of a $0.42 quarterly dividend and the authorization of a new $150 million share repurchase plan, signaling financial health and a commitment to returning capital to shareholders.
2. Strategic Expansion and Positive Analyst Sentiment.
FirstCash continued its strategic growth initiatives during the period, notably with the announced acquisition of Ramsdens, a UK-based pawn and financial services operator, on June 23, 2026. This acquisition is expected to add $200 million in revenue and $26 million in net income, significantly expanding the company's presence in the UK market. The company also received generally positive attention from analysts, holding a consensus rating of "Moderate Buy" or "Strong Buy" with an average price target ranging from $249.00 to $249.25. Several firms, including Loop Capital and TD Cowen, reiterated or upgraded their ratings and boosted price targets.
3. Valuation Concerns and Significant Insider Selling.
Despite positive operational news, concerns regarding FirstCash's valuation likely tempered more substantial stock appreciation. As of August 26, 2026, the stock was considered "Significantly Overvalued" by some analyses, trading at a 35.7% premium to its intrinsic value estimate of $161.95. Its price-to-earnings (P/E) ratio of 25.1x was 15% higher than its five-year median. Adding to this cautionary signal was substantial insider selling activity, with approximately $21.7 million worth of shares sold by insiders over the past 12 months, and no insider buying reported in the same period. This concentrated selling by those closest to the company could suggest a belief that the stock was fully or overvalued at current levels.
4. Mixed Macroeconomic Headwinds and Consumer Lending Dynamics.
The overall macroeconomic environment presented a mixed picture for FirstCash. While the company's Q2 2026 results demonstrated resilience in its pawn and consumer installment loan operations, reflecting sustained demand for small-ticket consumer credit, some headwinds were noted. These included lower redemption rates for electronics, rising gas prices impacting consumer spending power, and fluctuations in oil prices and ocean freight capacity, which could affect company operations. These broader economic factors, though not derailing growth, likely contributed to a more tempered investor outlook, balancing the positive company-specific catalysts.
Show less
FirstCash (FCFS) stock has remained largely at the same level since 4/30/2026 because of the following key factors:
1. Strong Q2 2026 Financial Results and Shareholder Initiatives.
FirstCash reported robust financial performance for fiscal Q2 2026, which ended June 30, 2026. The company announced its earnings on July 23, 2026, beating analysts' expectations with an Earnings Per Share (EPS) of $2.50 against an estimate of $2.39, representing a 4.60% beat. Revenue also exceeded forecasts, reaching $1.07 billion compared to the estimated $1.03 billion, marking a significant 29.4% year-over-year increase. This positive earnings surprise was accompanied by the declaration of a $0.42 quarterly dividend and the authorization of a new $150 million share repurchase plan, signaling financial health and a commitment to returning capital to shareholders.
2. Strategic Expansion and Positive Analyst Sentiment.
FirstCash continued its strategic growth initiatives during the period, notably with the announced acquisition of Ramsdens, a UK-based pawn and financial services operator, on June 23, 2026. This acquisition is expected to add $200 million in revenue and $26 million in net income, significantly expanding the company's presence in the UK market. The company also received generally positive attention from analysts, holding a consensus rating of "Moderate Buy" or "Strong Buy" with an average price target ranging from $249.00 to $249.25. Several firms, including Loop Capital and TD Cowen, reiterated or upgraded their ratings and boosted price targets.
3. Valuation Concerns and Significant Insider Selling.
Despite positive operational news, concerns regarding FirstCash's valuation likely tempered more substantial stock appreciation. As of August 26, 2026, the stock was considered "Significantly Overvalued" by some analyses, trading at a 35.7% premium to its intrinsic value estimate of $161.95. Its price-to-earnings (P/E) ratio of 25.1x was 15% higher than its five-year median. Adding to this cautionary signal was substantial insider selling activity, with approximately $21.7 million worth of shares sold by insiders over the past 12 months, and no insider buying reported in the same period. This concentrated selling by those closest to the company could suggest a belief that the stock was fully or overvalued at current levels.
4. Mixed Macroeconomic Headwinds and Consumer Lending Dynamics.
The overall macroeconomic environment presented a mixed picture for FirstCash. While the company's Q2 2026 results demonstrated resilience in its pawn and consumer installment loan operations, reflecting sustained demand for small-ticket consumer credit, some headwinds were noted. These included lower redemption rates for electronics, rising gas prices impacting consumer spending power, and fluctuations in oil prices and ocean freight capacity, which could affect company operations. These broader economic factors, though not derailing growth, likely contributed to a more tempered investor outlook, balancing the positive company-specific catalysts.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 0.8% change in FCFS stock from 4/30/2026 to 8/29/2026 was primarily driven by a 6.3% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302026 | 8292026 | Change |
|---|---|---|---|
| Stock Price ($) | 217.38 | 219.21 | 0.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,876 | 4,120 | 6.3% |
| Net Income Margin (%) | 9.1% | 9.4% | 3.0% |
| P/E Multiple | 27.0 | 24.7 | -8.5% |
| Shares Outstanding (Mil) | 44 | 44 | 0.6% |
| Cumulative Contribution | 0.8% |
Market Drivers
4/30/2026 to 8/29/2026| Return | Correlation | |
|---|---|---|
| FCFS | 0.8% | |
| Market (SPY) | 7.1% | 30.5% |
| Sector (XLF) | 11.5% | 31.8% |
Fundamental Drivers
The 29.4% change in FCFS stock from 1/31/2026 to 8/29/2026 was primarily driven by a 18.2% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 1312026 | 8292026 | Change |
|---|---|---|---|
| Stock Price ($) | 169.46 | 219.21 | 29.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,486 | 4,120 | 18.2% |
| Net Income Margin (%) | 8.9% | 9.4% | 6.0% |
| P/E Multiple | 24.2 | 24.7 | 2.3% |
| Shares Outstanding (Mil) | 44 | 44 | 0.9% |
| Cumulative Contribution | 29.4% |
Market Drivers
1/31/2026 to 8/29/2026| Return | Correlation | |
|---|---|---|
| FCFS | 29.4% | |
| Market (SPY) | 11.5% | 18.3% |
| Sector (XLF) | 9.3% | 17.7% |
Fundamental Drivers
The 66.4% change in FCFS stock from 7/31/2025 to 8/29/2026 was primarily driven by a 23.5% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8292026 | Change |
|---|---|---|---|
| Stock Price ($) | 131.73 | 219.21 | 66.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,388 | 4,120 | 21.6% |
| Net Income Margin (%) | 8.6% | 9.4% | 9.4% |
| P/E Multiple | 20.0 | 24.7 | 23.5% |
| Shares Outstanding (Mil) | 44 | 44 | 1.3% |
| Cumulative Contribution | 66.4% |
Market Drivers
7/31/2025 to 8/29/2026| Return | Correlation | |
|---|---|---|
| FCFS | 66.4% | |
| Market (SPY) | 22.7% | 22.1% |
| Sector (XLF) | 12.3% | 28.7% |
Fundamental Drivers
The 138.9% change in FCFS stock from 7/31/2023 to 8/29/2026 was primarily driven by a 40.4% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312023 | 8292026 | Change |
|---|---|---|---|
| Stock Price ($) | 91.77 | 219.21 | 138.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,935 | 4,120 | 40.4% |
| Net Income Margin (%) | 7.9% | 9.4% | 19.2% |
| P/E Multiple | 18.0 | 24.7 | 37.5% |
| Shares Outstanding (Mil) | 45 | 44 | 3.8% |
| Cumulative Contribution | 138.9% |
Market Drivers
7/31/2023 to 8/29/2026| Return | Correlation | |
|---|---|---|
| FCFS | 138.9% | |
| Market (SPY) | 74.0% | 23.1% |
| Sector (XLF) | 71.8% | 28.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FCFS Return | 7% | 18% | 26% | -3% | 56% | 41% | 240% |
| Peers Return | 31% | -27% | 51% | 31% | 20% | 36% | 208% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| FCFS Win Rate | 75% | 42% | 58% | 58% | 83% | 62% | |
| Peers Win Rate | 53% | 45% | 57% | 48% | 58% | 55% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| FCFS Max Drawdown | -34% | -21% | -15% | -23% | -13% | -16% | |
| Peers Max Drawdown | -27% | -49% | -29% | -18% | -33% | -27% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: EZPW, OMF, ENVA, UPBD, PRG. See FCFS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/28/2026 (YTD)
How Low Can It Go
| Event | FCFS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -18.8% | -24.5% |
| % Gain to Breakeven | 23.2% | 32.4% |
| Time to Breakeven | 37 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -25.8% | -33.7% |
| % Gain to Breakeven | 34.8% | 50.9% |
| Time to Breakeven | 522 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -15.1% | -19.2% |
| % Gain to Breakeven | 17.8% | 23.8% |
| Time to Breakeven | 24 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -10.8% | -3.7% |
| % Gain to Breakeven | 12.1% | 3.9% |
| Time to Breakeven | 59 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.2% | -12.2% |
| % Gain to Breakeven | 26.9% | 13.9% |
| Time to Breakeven | 19 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -47.7% | -6.8% |
| % Gain to Breakeven | 91.1% | 7.3% |
| Time to Breakeven | 516 days | 15 days |
In The Past
FirstCash's stock fell -4.4% during the 2025 US Tariff Shock. Such a loss loss requires a 4.6% gain to breakeven.
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Asset Allocation
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| Event | FCFS | S&P 500 |
|---|---|---|
| 2020 COVID-19 Crash | ||
| % Loss | -25.8% | -33.7% |
| % Gain to Breakeven | 34.8% | 50.9% |
| Time to Breakeven | 522 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -21.2% | -12.2% |
| % Gain to Breakeven | 26.9% | 13.9% |
| Time to Breakeven | 19 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -47.7% | -6.8% |
| % Gain to Breakeven | 91.1% | 7.3% |
| Time to Breakeven | 516 days | 15 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -52.2% | -53.4% |
| % Gain to Breakeven | 109.0% | 114.4% |
| Time to Breakeven | 46 days | 1085 days |
In The Past
FirstCash's stock fell -4.4% during the 2025 US Tariff Shock. Such a loss loss requires a 4.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About FirstCash (FCFS)
FirstCash Holdings, Inc. (FCFS) operates a large network of retail pawn stores primarily across the United States, Mexico, and other parts of Latin America. The company's core service is providing collateralized small loans, where customers pledge personal property such as jewelry, electronics, tools, and musical instruments in exchange for cash. This business model serves individuals needing immediate liquidity, often those with limited access to conventional financial services.
In addition to lending, FirstCash generates revenue through the retail sale of merchandise acquired from forfeited pawn collateral or direct over-the-counter purchases from customers. The company further capitalizes on its inventory of precious metals by melting scrap jewelry and selling gold, silver, and diamonds in commodity markets. With a significant number of stores in the U.S. and an even larger presence across Mexico, Guatemala, El Salvador, and Colombia, FirstCash caters to diverse communities seeking both financial services and affordable retail goods.
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Here are a few analogies to describe FirstCash (FCFS):
It's like a Gamestop, but for a much wider range of used goods (jewelry, electronics, tools), and they also offer instant cash loans using those items as collateral.
Think of it as a nationwide chain that combines the resale market of a Goodwill for valuables (jewelry, electronics) with a short-term, secured loan service.
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- Pawn Loans: Lending money on the collateral of pledged personal property.
- Retail Merchandise Sales: Selling merchandise acquired from forfeited pawn collateral and direct customer purchases.
- Commodity Sales: Selling gold, silver, and diamonds from melted scrap jewelry in commodity markets.
AI Analysis | Feedback
FirstCash (FCFS) primarily serves individual customers through its retail pawn store operations. Its major customer categories include:
- Individuals seeking short-term, collateralized loans: These customers pledge personal property such as jewelry, electronics, tools, or musical instruments as collateral to obtain immediate cash loans, often due to unexpected expenses or temporary financial needs. They typically intend to repay the loan and retrieve their pledged items.
- Consumers purchasing pre-owned merchandise: These customers frequent FirstCash stores to purchase a variety of goods, including jewelry, electronics, tools, and sporting goods, which have been acquired through pawn loan forfeitures or over-the-counter purchases. They are often looking for value, unique items, or a more affordable alternative to new retail products.
- Individuals selling unwanted personal property for cash: These customers visit FirstCash stores to sell their personal property directly for immediate cash, rather than taking out a loan. This provides them with a quick way to convert unwanted items into liquidity.
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Rick L. Wessel, Chief Executive Officer & Vice-Chairman of the Board
Rick L. Wessel has served as FirstCash's Chief Executive Officer since November 2006 and as Vice-Chairman of the Board since September 2016. He previously held the roles of president from May 1998 to September 2016, chairman of the board from October 2010 to September 2016, and vice chairman of the board from November 2004 to October 2010. Additionally, Mr. Wessel served as the company's chief financial officer from May 1992 to December 2002 and as secretary and treasurer from May 1992 to November 2006. Before joining FirstCash, he was employed by Price Waterhouse LLP for approximately nine years until February 1992.
R. Douglas Orr, Executive Vice President and Chief Financial Officer, Secretary and Treasurer
R. Douglas Orr joined FirstCash in 2002 as Vice President of Finance, becoming Chief Financial Officer in January 2003, Executive Vice President in 2005, and adding Secretary and Treasurer to his titles in 2006. He has over 22 years of tenure with the company, including more than two decades as CFO. Mr. Orr has been responsible for the company's financial strategy and reporting throughout his long tenure.
T. Brent Stuart, President and Chief Operating Officer
T. Brent Stuart serves as the President and Chief Operating Officer of FirstCash Holdings, Inc. In this role, he oversees the day-to-day operations and execution of the company's strategy.
Daniel R. Feehan, Chairman of the Board
Daniel R. Feehan has been the Chairman of the Board of FirstCash Holdings, Inc. since the 2016 merger with Cash America International, Inc. Prior to this, he served as Cash America's CEO from 2000 to 2015 and as Executive Chairman from November 2015 to 2016. His earlier roles at Cash America, which he joined in 1988, included President, COO, and CFO, starting in 1990. Before Cash America, Mr. Feehan began his career on the audit staff of Arthur Young & Company, followed by a senior management position with the Wedge Group, where he negotiated the acquisition and financing of numerous companies and served on several portfolio company boards. He also co-founded and served as president of Greer Capital Corporation, a real estate development and hotel management firm, where he was an investor and an early board member of Cash America.
Raul R. Ramos, Senior Vice President, Latin American Operations
Raul R. Ramos holds the position of Senior Vice President, Latin American Operations at FirstCash Holdings, Inc. In this capacity, he plays a key role in managing the company's extensive operations throughout Latin America.
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Here are the key risks to FirstCash (FCFS):
- Regulatory Scrutiny and Changes: FirstCash faces significant regulatory risks across its operating regions, including the United States, Mexico, and the United Kingdom. These risks encompass complex and evolving consumer protection laws, interest rate caps on pawn loans, licensing requirements, and detailed record-keeping mandates. Failure to comply with these regulations can lead to increased operational costs, fines, and legal challenges. For example, the company has faced settlements related to alleged Military Lending Act violations, underscoring the impact of regulatory oversight.
- Economic Conditions and Market Risks: The company's performance is highly sensitive to macroeconomic factors. Economic downturns, high inflation, and elevated interest rates can negatively impact consumer discretionary spending, reduce demand for pawn loans, and affect customers' ability to repay existing loans. Furthermore, FirstCash is exposed to market risks such as fluctuations in currency exchange rates, particularly involving the Mexican peso and British pound sterling, which can significantly affect financial results. Changes in commodity prices, such as gold and other precious metals, also pose a risk, as jewelry serves as substantial collateral for pawn loans.
- Competition: FirstCash operates in a competitive landscape, facing pressure from traditional pawnshops, a growing number of online lenders, and emerging "Buy Now, Pay Later" (BNPL) providers. This intense competition could impact the company's market share, pricing power, and overall profitability.
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The most significant emerging threat to FirstCash comes from the rapid advancement and increasing adoption of **fintech and digital alternative lending platforms**. These platforms are continuously innovating to provide quick, accessible micro-loans, salary advances, and other short-term credit solutions to underserved populations, often through mobile applications and alternative credit scoring methods. While pawn loans require physical collateral, these digital alternatives can reduce the demand for traditional pawn services by offering more convenient, less stigmatized, and potentially faster ways for customers to access immediate cash without needing to visit a physical store or pledge personal property.
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FirstCash (FCFS) operates within several addressable markets, primarily related to pawn services, the retail of pre-owned merchandise, and precious metals recycling. Here are the estimated market sizes for their main products and services by region:
Pawn Services
- United States: The U.S. pawn market was valued at $12.47 billion in 2024. Another estimate placed the U.S. pawn market at $4.5 billion in sales for 2025. The industry is projected to reach $4.12 billion by 2028.
- Mexico: The Mexico pawn shops market is projected to reach a market size of $1.44 billion in 2024.
- Latin America (overall): The Latin America pawn market had a market size of $1.98 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
- Colombia: The Colombia pawn shop market is projected to reach a market size of $175.83 million in 2024.
Retail Merchandise (Second-hand Goods)
- United States Used Goods Stores (General): The market size for Used Goods Stores in the U.S. was $27.4 billion in 2024 and is projected to reach $27.7 billion in 2025. The broader U.S. second-hand products market was valued at $689.59 billion in 2025 and is projected to reach $759.76 billion in 2026 and $1.49 trillion by 2032. The U.S. recommerce market, which includes various categories beyond apparel, is estimated to reach $306.5 billion by the end of the decade.
- United States Second-hand Luxury Goods (including jewelry): This market was valued at $8.11 billion in 2024 and is expected to reach $16.02 billion by 2033.
- Mexico Jewelry Market: The Mexico jewelry market generated revenues of $3.35 billion in 2022. Another report indicates a value of $2.14 billion in 2025, expected to reach $4.02 billion by 2035. The Mexico Gems and Jewellery market is forecast to exceed $5.80 billion by 2031.
- Global Used Jewelry Resale Service Market: This market is forecasted to be worth $2.7 billion in 2026, expected to achieve $6.76 billion by 2035.
Scrap Jewelry Melting and Precious Metals Sales
- Global Scrap Gold Recycling Market: The scrap gold recycling market size was valued at $13.50 billion in 2023 and is projected to reach $14.73 billion by 2031. This market size grew to $15.58 billion in 2025 and is expected to reach $16.88 billion in 2026.
- Global Precious Metal Recycling Market: The broader precious metal recycling market was valued at $551.9 billion in 2023 and is projected to reach $767.9 billion by 2031, covering gold, silver, platinum, and palladium. The Precious Metal Melting and Recycling market is estimated to be valued at $18.5 billion in 2026 and is expected to reach $30.7 billion by 2033.
- Global Precious Metals E-Waste Recovery Market: This market, which involves recovering metals like gold and silver from electronic waste, was estimated at $5.92 billion in 2023 and is projected to reach $8.75 billion by 2030. Gold held the dominant market value of $4.1 billion in 2023 within this segment.
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FirstCash (FCFS) is expected to experience future revenue growth driven by several key factors over the next 2-3 years:
- Continued Growth in Core Pawn Operations: The company anticipates robust demand for pawn loans and strong retail merchandise sales in both its U.S. and Latin American pawn segments. Management expects low double-digit revenue growth in U.S. pawn fees and 8–10% growth in merchandise sales for 2026. Similarly, mid-teen growth in pawn fees and high single-digit retail sales growth are projected for Latin America, with stable margins.
- Strategic Acquisitions and Store Expansion: FirstCash has a proven strategy of expanding its retail footprint through both acquisitions and new store openings. In 2025, the company added 344 pawn locations, including a significant acquisition in the U.K.. This expansion into new markets, such as the U.K. with the H&T acquisition, and continued growth in existing territories, is expected to lay the groundwork for future revenue and earnings growth.
- Favorable Macroeconomic Environment Driving Pawn Demand: Ongoing economic conditions, including inflationary pressures and tightening credit for consumers, are expected to continue driving demand for pawn services. These factors lead more individuals to seek immediate cash solutions through pawn loans, particularly for consumers with small, immediate cash needs.
- Growth in American First Finance (AFF) Point-of-Sale (POS) Payment Solutions: The American First Finance (AFF) segment, which provides lease-to-own and retail finance payment solutions, is expected to contribute to revenue growth. While there may be some fluctuations, the outlook for the AFF segment shows anticipated mid-single-digit growth in segment income, and improved projections for full-year net revenue, indicating a positive trajectory for this business line.
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Share Repurchases
- On October 30, 2025, FirstCash's board of directors authorized a new $150 million share repurchase plan.
- During the third quarter of 2025, the company repurchased $30 million of its common stock, contributing to year-to-date buybacks totaling $90 million as of September 30, 2025.
- As of March 31, 2025, $55 million remained available under a $200 million share repurchase program that was authorized in July 2023. In the first quarter of 2025, the company repurchased $60 million of common stock.
Share Issuance
- FirstCash Holdings' shares outstanding have shown a net decline over the past few years, from 0.047 billion in Q4 2022 to 0.045 billion in Q4 2025, indicating net share repurchases rather than significant share issuances.
Outbound Investments
- FirstCash completed the acquisition of H&T Group plc, the largest pawnbroker in the United Kingdom with 286 locations, on August 14, 2025, for an equity value of approximately $383 million and assumed net debt of about $85 million.
- In the first quarter of 2025, FirstCash acquired 38 pawn stores for a combined purchase price of $103 million.
- Since 2016, the company has made significant acquisition investments, including 298 pawn stores in the U.S. and 764 pawn stores in Latin America, in addition to the H&T acquisition in the U.K.
Capital Expenditures
- For the twelve months ended March 31, 2025, FirstCash invested $19 million in fixed assets and working capital to open 53 new pawn stores.
- During the same period, the company spent $82 million to purchase the underlying real estate at 56 of its existing pawn stores.
- Capital expenditures for the latest 12-month period reported (around March 2026) were approximately $54.91 million, primarily focused on expanding and improving the pawn store platform.
Peer Outperformance in Consumer Finance
FCFS has outperformed 93% of its 29 Consumer Finance peers over 5Y. Consumer Finance ranks 9th of 18 industries in Financials by median 5Y return.
Share of Consumer Finance constituents that FCFS has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
81%
of 32 industry peers · 50.2% return
3Y
72%
of 29 industry peers · 154.7% return
5Y
93%
of 29 industry peers · 173.4% return
No Consumer Finance peer with a comparable growth profile has beaten FCFS by more than 20pp over 5Y.
Median price return by industry across the Financials sector, ranked by 5Y. Consumer Finance is FCFS's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Investment Banking & Brokerage | 13 | 5.0% | 126.7% | 138.9% | IBKR 511% · SNEX 244% · GS 182% |
| Reinsurance | 6 | 21.1% | 82.5% | 124.7% | SPNT 143% · RGA 136% · MTG 129% |
| Diversified Banks | 12 | 36.8% | 129.1% | 107.5% | JPM 153% · CM 151% · RY 135% |
| Life & Health Insurance | 19 | 11.8% | 54.2% | 87.8% | UNM 308% · FG 215% · MFC 177% |
| Regional Banks | 262 | 25.7% | 83.9% | 66.4% | GCBC 382% · ESQ 353% · NBN 301% |
| Property & Casualty Insurance | 41 | 12.8% | 74.9% | 65.6% | ASIC 2658900% · HRTG 418% · UVE 278% |
| Multi-line Insurance | 9 | 13.6% | 78.3% | 59.6% | GNW 173% · L 100% · SLF 89% |
| Multi-Sector Holdings | 6 | 3.3% | 17.6% | 38.2% | BRK-B 77% · JEF 76% · VOYA 74% |
| Consumer Finance ← | 30 | 9.1% | 83.4% | 35.3% | ENVA 608% · EZPW 380% · FCFS 173% |
| Insurance Brokers | 15 | -3.8% | 8.2% | 33.2% | LIFE 604% · AJG 97% · ARX 88% |
| Asset Management & Custody Banks | 83 | -8.1% | 20.6% | 20.9% | SII 350% · WT 320% · VCTR 300% |
| Financial Exchanges & Data | 15 | 0.1% | 21.7% | 10.8% | VIRT 218% · CBOE 167% · CME 77% |
| Commercial & Residential Mortgage Finance | 12 | -37.7% | 17.5% | 3.5% | FNMA 512% · FMCC 497% · ESNT 63% |
| Specialized Finance | 3 | 15.6% | 46.7% | 3.2% | EFC 36% · CACC 3% · HASI -16% |
| Mortgage REITs | 33 | -8.4% | 9.4% | -15.6% | RITM 55% · NREF 53% · DX 40% |
| Transaction & Payment Processing Services | 15 | 2.3% | 3.8% | -40.2% | MA 74% · V 71% · CPAY 57% |
| Diversified Capital Markets | 21 | -22.1% | 4.8% | -46.6% | BTCS 584% · OPY 184% · LPLA 156% |
| Diversified Financial Services | 5 | -3.2% | 52.4% | -63.8% | FRHC 170% · EQH 84% · TMS -64% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 50.97 |
| Mkt Cap | 3.9 |
| Rev LTM | 3,783 |
| Op Inc LTM | 386 |
| FCF LTM | 481 |
| FCF 3Y Avg | 365 |
| CFO LTM | 549 |
| CFO 3Y Avg | 405 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 12.7% |
| Rev Chg 3Y Avg | 9.5% |
| Rev Chg Q | 21.9% |
| QoQ Delta Rev Chg LTM | 5.2% |
| Op Inc Chg LTM | 34.1% |
| Op Inc Chg 3Y Avg | 25.9% |
| Op Mgn LTM | 13.9% |
| Op Mgn 3Y Avg | 11.8% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 14.6% |
| CFO/Rev 3Y Avg | 12.9% |
| FCF/Rev LTM | 13.5% |
| FCF/Rev 3Y Avg | 11.6% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| U.S. Pawn | 1,753 | 1,569 | 1,369 | 1,255 | 1,075 |
| Latin America Pawn | 890 | 812 | 803 | 675 | 592 |
| Retail Point-Of-Sale (POS) Payment Solutions | 870 | 1,012 | 986 | 803 | 32 |
| United Kingdom (U.K.) Pawn | 151 | 0 | 0 | ||
| Corporate/ Intersegment Eliminations | -3 | -4 | -7 | -5 | 0 |
| Total | 3,661 | 3,389 | 3,152 | 2,729 | 1,699 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| U.S. Pawn | 2,906 | 2,683 | 2,423 | 2,108 | 1,944 |
| Retail Point-Of-Sale (POS) Payment Solutions | 881 | 959 | 1,012 | 1,048 | 1,179 |
| Latin America Pawn | 785 | 638 | 694 | 620 | 563 |
| United Kingdom (U.K.) Pawn | 576 | 0 | 0 | ||
| Corporate/ Intersegment Eliminations | 152 | 197 | 162 | 129 | 151 |
| Total | 5,301 | 4,477 | 4,290 | 3,905 | 3,836 |
Price Behavior
Price Behavior
| Market Price | $219.21 | |
| Market Cap ($ Bil) | 9.6 | |
| First Trading Date | 12/29/2006 | |
| Distance from 52W High | -7.3% | |
| 50 Days | 200 Days | |
| DMA Price | $213.98 | $194.36 |
| DMA Trend | up | down |
| Distance from DMA | 2.4% | 12.8% |
| 3M | 1YR | |
| Volatility | 44.4% | 32.4% |
| Downside Capture | 105.90 | 21.15 |
| Upside Capture | 96.89 | 63.84 |
| Correlation (SPY) | 31.9% | 19.9% |
FCFS Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.49 | 0.93 | 0.84 | 0.38 | 0.50 | 0.42 |
| Up Beta | -0.62 | 0.65 | 0.71 | 0.03 | 0.59 | 0.49 |
| Down Beta | 2.16 | 0.84 | 0.76 | 0.27 | 0.63 | 0.30 |
| Up Capture | 145% | 83% | 65% | 64% | 56% | 24% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 9 | 20 | 31 | 67 | 140 | 394 |
| Down Capture | 225% | 122% | 114% | 42% | 21% | 57% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 13 | 23 | 32 | 59 | 112 | 356 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FCFS | |
|---|---|---|---|---|
| FCFS | 49.1% | 32.3% | 1.26 | - |
| Sector ETF (XLF) | 9.4% | 14.5% | 0.39 | 26.7% |
| Equity (SPY) | 20.1% | 12.8% | 1.16 | 19.7% |
| Gold (GLD) | 30.9% | 29.0% | 0.92 | 13.5% |
| Commodities (DBC) | 39.9% | 20.3% | 1.54 | -4.6% |
| Real Estate (VNQ) | 9.9% | 13.7% | 0.44 | 16.7% |
| Bitcoin (BTCUSD) | -27.5% | 43.6% | -0.61 | 9.1% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FCFS | |
|---|---|---|---|---|
| FCFS | 22.6% | 30.4% | 0.70 | - |
| Sector ETF (XLF) | 10.9% | 18.4% | 0.45 | 39.4% |
| Equity (SPY) | 13.1% | 17.2% | 0.59 | 35.7% |
| Gold (GLD) | 19.7% | 18.7% | 0.85 | 6.2% |
| Commodities (DBC) | 11.5% | 19.6% | 0.46 | 0.6% |
| Real Estate (VNQ) | 2.0% | 18.9% | 0.00 | 31.5% |
| Bitcoin (BTCUSD) | 10.4% | 52.6% | 0.38 | 19.6% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FCFS | |
|---|---|---|---|---|
| FCFS | 15.8% | 31.0% | 0.54 | - |
| Sector ETF (XLF) | 13.6% | 22.0% | 0.56 | 50.7% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 47.2% |
| Gold (GLD) | 12.2% | 16.3% | 0.61 | 4.9% |
| Commodities (DBC) | 7.3% | 18.0% | 0.33 | 11.1% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.20 | 43.3% |
| Bitcoin (BTCUSD) | 64.0% | 66.1% | 1.04 | 13.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 8/25/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/23/2026 | -1.2% | 2.3% | 14.3% |
| 4/23/2026 | 3.1% | 2.8% | 7.4% |
| 2/5/2026 | 2.4% | 2.4% | 10.7% |
| 10/30/2025 | 0.0% | 2.2% | 1.7% |
| 7/24/2025 | 0.1% | 9.0% | 18.4% |
| 4/24/2025 | 0.2% | 0.7% | -2.9% |
| 1/30/2025 | -2.9% | -0.5% | -0.2% |
| 10/24/2024 | 3.2% | 1.2% | 2.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 16 | 15 |
| # Negative | 9 | 7 | 8 |
| Median Positive | 1.3% | 2.3% | 7.4% |
| Median Negative | -2.5% | -0.9% | -3.3% |
| Max Positive | 7.8% | 9.0% | 18.4% |
| Max Negative | -3.0% | -10.4% | -24.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 7/23/2026 | -1.2% | 2.3% | 14.3% |
| 4/23/2026 | 3.1% | 2.8% | 7.4% |
| 2/5/2026 | 2.4% | 2.4% | 10.7% |
| 10/30/2025 | 0.0% | 2.2% | 1.7% |
| 7/24/2025 | 0.1% | 9.0% | 18.4% |
| 4/24/2025 | 0.2% | 0.7% | -2.9% |
| 1/30/2025 | -2.9% | -0.5% | -0.2% |
| 10/24/2024 | 3.2% | 1.2% | 2.5% |
| 7/25/2024 | -0.3% | 0.4% | 5.9% |
| 4/25/2024 | 1.0% | 0.2% | 3.9% |
| 2/1/2024 | -3.0% | -2.3% | -3.8% |
| 10/26/2023 | -2.9% | -0.9% | 2.1% |
| 4/27/2023 | 7.8% | 6.0% | 1.8% |
| 2/2/2023 | -1.6% | -0.6% | -1.8% |
| 10/27/2022 | 1.0% | 0.3% | -1.3% |
| 7/28/2022 | 1.6% | 2.3% | 8.4% |
| 4/28/2022 | 2.4% | -3.9% | -5.0% |
| 2/8/2022 | 2.4% | 3.6% | -12.6% |
| 10/20/2021 | 0.9% | 4.0% | -24.0% |
| 7/21/2021 | -2.5% | -0.9% | 5.6% |
| 4/21/2021 | -0.7% | 6.4% | 15.1% |
| 1/28/2021 | 0.3% | 1.3% | 10.6% |
| 10/21/2020 | -2.8% | -10.4% | 7.6% |
| SUMMARY STATS | |||
| # Positive | 14 | 16 | 15 |
| # Negative | 9 | 7 | 8 |
| Median Positive | 1.3% | 2.3% | 7.4% |
| Median Negative | -2.5% | -0.9% | -3.3% |
| Max Positive | 7.8% | 9.0% | 18.4% |
| Max Negative | -3.0% | -10.4% | -24.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/27/2026 | 10-Q |
| 03/31/2026 | 04/24/2026 | 10-Q |
| 12/31/2025 | 02/09/2026 | 10-K |
| 09/30/2025 | 11/03/2025 | 10-Q |
| 06/30/2025 | 07/28/2025 | 10-Q |
| 03/31/2025 | 04/28/2025 | 10-Q |
| 12/31/2024 | 02/03/2025 | 10-K |
| 09/30/2024 | 10/28/2024 | 10-Q |
| 06/30/2024 | 07/29/2024 | 10-Q |
| 03/31/2024 | 04/29/2024 | 10-Q |
| 12/31/2023 | 02/05/2024 | 10-K |
| 09/30/2023 | 10/30/2023 | 10-Q |
| 06/30/2023 | 07/31/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/06/2023 | 10-K |
| 09/30/2022 | 10/31/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 07/27/2026 | 10-Q |
| 03/31/2026 | 04/24/2026 | 10-Q |
| 12/31/2025 | 02/09/2026 | 10-K |
| 09/30/2025 | 11/03/2025 | 10-Q |
| 06/30/2025 | 07/28/2025 | 10-Q |
| 03/31/2025 | 04/28/2025 | 10-Q |
| 12/31/2024 | 02/03/2025 | 10-K |
| 09/30/2024 | 10/28/2024 | 10-Q |
| 06/30/2024 | 07/29/2024 | 10-Q |
| 03/31/2024 | 04/29/2024 | 10-Q |
| 12/31/2023 | 02/05/2024 | 10-K |
| 09/30/2023 | 10/30/2023 | 10-Q |
| 06/30/2023 | 07/31/2023 | 10-Q |
| 03/31/2023 | 05/02/2023 | 10-Q |
| 12/31/2022 | 02/06/2023 | 10-K |
| 09/30/2022 | 10/31/2022 | 10-Q |
| 06/30/2022 | 08/01/2022 | 10-Q |
| 03/31/2022 | 05/02/2022 | 10-Q |
| 12/31/2021 | 02/28/2022 | 10-K |
| 09/30/2021 | 10/25/2021 | 10-Q |
| 06/30/2021 | 07/23/2021 | 10-Q |
| 03/31/2021 | 04/26/2021 | 10-Q |
| 12/31/2020 | 02/01/2021 | 10-K |
| 09/30/2020 | 10/26/2020 | 10-Q |
| 06/30/2020 | 07/27/2020 | 10-Q |
| 03/31/2020 | 04/27/2020 | 10-Q |
| 12/31/2019 | 02/03/2020 | 10-K |
| 09/30/2019 | 10/28/2019 | 10-Q |
Recent Forward Guidance
Updated 7/27/2026Latest: Q2 2026 Earnings Reported 7/23/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 U.K. Pawn Segment Income | 135.00 Mil | 137.50 Mil | 140.00 Mil | 5.8% | Raised | Guidance: 130.00 Mil for 2026 | |
| 2026 AFF Gross Transaction Volume Growth | -10.0% | -11.5% | Lowered | Guidance: 1.5% for 2026 | |||
| 2026 AFF Net Revenue Growth | -25.0% | -22.5% | -20.0% | -5.0% | Lowered | Guidance: -17.5% for 2026 | |
| 2026 Consolidated Effective Income Tax Rate | 26.0% | 26.5% | 27.0% | 0.5% | Raised | Guidance: 26.0% for 2026 | |
Prior: Q1 2026 Earnings Reported 4/23/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 U.K. Pawn Segment Income | 125.00 Mil | 130.00 Mil | 135.00 Mil | 8.3% | Raised | Guidance: 120.00 Mil for 2026 | |
| 2026 AFF Gross Transaction Volume Growth | 0.0% | 1.5% | 3.0% | -6.0% | Lowered | Guidance: 7.5% for 2026 | |
| 2026 AFF Revenue Growth | -7.0% | -6.0% | -5.0% | ||||
| 2026 AFF Net Revenue Growth | -20.0% | -17.5% | -15.0% | -10.0% | Lowered | Guidance: -7.5% for 2026 | |
| 2026 Interest Expense Growth | 10.0% | 12.5% | 15.0% | 5.0% | Raised | Guidance: 7.5% for 2026 | |
| 2026 Effective Income Tax Rate | 25.5% | 26.0% | 26.5% | 0.5% | Raised | Guidance: 25.5% for 2026 | |
Q4 2025 Earnings Reported 2/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 AFF Net Revenue Growth (First Half) | -15.0% | -12.5% | -10.0% | ||||
| 2026 U.K. Pawn Segment Income | 115.00 Mil | 120.00 Mil | 125.00 Mil | ||||
| 2026 AFF Gross Transaction Volume Growth | 5.0% | 7.5% | 10.0% | ||||
| 2026 AFF Net Revenue Growth (Full Year) | -10.0% | -7.5% | -5.0% | ||||
| 2026 Interest Expense Growth | 5.0% | 7.5% | 10.0% | ||||
| 2026 Effective Income Tax Rate | 25.0% | 25.5% | 26.0% | 0.0% | Same New | Actual: 25.5% for 2025 | |
Q3 2025 Earnings Reported 10/30/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 H&T Earnings Accretion | 0.18 | 0.19 | 0.2 | ||||
| Q4 2025 U.K. Pawn Revenue | 85.00 Mil | 87.50 Mil | 90.00 Mil | ||||
| 2025 U.K. Proforma EBITDA | 65.00 Mil | 67.50 Mil | 70.00 Mil | ||||
| 2025 AFF Origination Volume Growth | -10.0% | -8.5% | -7.0% | ||||
| 2025 Effective Income Tax Rate | 25.0% | 25.5% | 26.0% | 0.5% | Raised | Guidance: 25.0% for 2025 | |
Insider Activity
Updated 8/18/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hambleton, Howard F | AFF President | Direct | Sell | 8182026 | 212.98 | 2,000 | 425,960 | 6,475,870 | Form |
| 2 | Stuart, Thomas Brent | President and COO | Direct | Sell | 8182026 | 214.63 | 5,348 | 1,147,841 | 29,081,936 | Form |
| 3 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 8182026 | 215.98 | 1,000 | 215,980 | 20,688,508 | Form |
| 4 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 8182026 | 216.04 | 1,000 | 216,040 | 8,773,384 | Form |
| 5 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 8182026 | 215.97 | 1,000 | 215,970 | 7,501,502 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Hambleton, Howard F | AFF President | Direct | Sell | 8182026 | 212.98 | 2,000 | 425,960 | 6,475,870 | Form |
| 2 | Stuart, Thomas Brent | President and COO | Direct | Sell | 8182026 | 214.63 | 5,348 | 1,147,841 | 29,081,936 | Form |
| 3 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 8182026 | 215.98 | 1,000 | 215,980 | 20,688,508 | Form |
| 4 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 8182026 | 216.04 | 1,000 | 216,040 | 8,773,384 | Form |
| 5 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 8182026 | 215.97 | 1,000 | 215,970 | 7,501,502 | Form |
| 6 | Ramos, Raul | SVP Latin American Operations | Direct | Sell | 6082026 | 225.23 | 6,835 | 1,539,447 | 4,594,692 | Form |
| 7 | Ramos, Raul | SVP Latin American Operations | Direct | Sell | 6012026 | 231.13 | 3,165 | 731,526 | 6,294,826 | Form |
| 8 | Hambleton, Howard F | AFF President | Direct | Sell | 5192026 | 226.41 | 3,000 | 679,230 | 7,337,042 | Form |
| 9 | Stuart, Thomas Brent | President and COO | Direct | Sell | 5192026 | 228.49 | 10,000 | 2,284,900 | 32,181,903 | Form |
| 10 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 5192026 | 227.32 | 1,000 | 227,320 | 22,002,075 | Form |
| 11 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 5192026 | 227.31 | 1,000 | 227,310 | 9,458,369 | Form |
| 12 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 5192026 | 227.28 | 1,000 | 227,280 | 8,121,624 | Form |
| 13 | Garrett, Paula K | Direct | Sell | 5012026 | 217.40 | 1,500 | 326,100 | 1,427,014 | Form | |
| 14 | Hambleton, Howard F | AFF President | Direct | Sell | 2182026 | 185.12 | 4,000 | 740,480 | 6,554,359 | Form |
| 15 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 2172026 | 182.98 | 1,000 | 182,980 | 7,796,778 | Form |
| 16 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 2172026 | 182.98 | 1,000 | 182,980 | 20,180,681 | Form |
| 17 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 2172026 | 182.99 | 1,000 | 182,990 | 6,721,955 | Form |
| 18 | Stuart, Thomas Brent | President and COO | Direct | Sell | 2172026 | 182.53 | 10,000 | 1,825,300 | 27,533,920 | Form |
| 19 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 2062026 | 174.96 | 1,500 | 262,440 | 7,630,006 | Form |
| 20 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 2062026 | 175.37 | 4,000 | 701,480 | 19,516,752 | Form |
| 21 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 2062026 | 175.01 | 2,000 | 350,020 | 6,603,827 | Form |
| 22 | Hambleton, Howard F | AFF President | Direct | Sell | 2062026 | 177.65 | 2,000 | 355,300 | 7,000,476 | Form |
| 23 | Hambleton, Howard F | AFF President | Direct | Sell | 12152025 | 163.74 | 4,000 | 654,960 | 4,352,373 | Form |
| 24 | Owen, Randel G | Direct | Sell | 11202025 | 152.20 | 1,500 | 228,300 | 1,164,482 | Form | |
| 25 | Wessel, Rick L | Vice-Chairman & CEO | Direct | Sell | 11192025 | 156.39 | 20,000 | 3,127,800 | 135,587,315 | Form |
| 26 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 11192025 | 158.35 | 1,000 | 158,350 | 7,143,168 | Form |
| 27 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 11192025 | 158.17 | 3,000 | 474,510 | 14,324,982 | Form |
| 28 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 11192025 | 158.52 | 1,500 | 237,780 | 6,060,854 | Form |
| 29 | Stuart, Thomas Brent | President and COO | Direct | Sell | 11192025 | 159.97 | 10,000 | 1,599,700 | 20,432,008 | Form |
| 30 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 10152025 | 159.00 | 852 | 135,468 | 7,331,490 | Form |
| 31 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 10152025 | 159.64 | 4,000 | 638,560 | 14,937,036 | Form |
| 32 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 10152025 | 160.02 | 2,000 | 320,040 | 6,358,235 | Form |
| 33 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 10152025 | 159.00 | 648 | 103,032 | 7,466,958 | Form |
| 34 | Orr, R Douglas | EVP & Chief Financial Officer | Direct | Sell | 9032025 | 148.41 | 3,000 | 445,230 | 14,479,918 | Form |
| 35 | Orr, R Douglas | EVP & Chief Financial Officer | Family Limited Partnership | Sell | 9032025 | 146.40 | 1,500 | 219,600 | 6,109,858 | Form |
| 36 | Orr, R Douglas | EVP & Chief Financial Officer | Spousal Trust | Sell | 9032025 | 146.40 | 1,000 | 146,400 | 6,970,104 | Form |
| 37 | Wessel, Rick L | Vice-Chairman & CEO | Direct | Sell | 8212025 | 139.33 | 30,976 | 4,315,886 | 125,673,152 | Form |
| 38 | Wessel, Rick L | Vice-Chairman & CEO | Direct | Sell | 8212025 | 138.49 | 69,024 | 9,559,134 | 129,205,353 | Form |
| 39 | Graves, James H | Direct | Sell | 8052025 | 134.56 | 6,000 | 807,360 | 2,132,238 | Form |
Investor Activity (13F)
Updated Aug 30, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Consumer Finance Resources |
| Consumer Financial Protection Bureau (CFPB) |
| InsideARM |
| The Nilson Report |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 8/29/2026