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PRA Group Named One of Forbes' Best Small Companies in America

NORFOLK, Va., Oct. 20, 2014 (GLOBE NEWSWIRE) -- PRA Group (Nasdaq:PRAA), a world leader in acquiring non-performing consumer debt, has been named to Forbes' annual list of America's Best Small Companies for the eighth consecutive year. It is one of only seven companies to have been featured on the Forbes list every year since 2007.

PRA ranked #30 in this year's listing of "companies that have displayed strong, consistent growth," according to Forbes. Companies that meet Forbes' criteria are ranked by earnings growth, sales growth and return on equity in the past 12 months as well as over five years. Forbes also factored in stock performance versus each company's peer group during the last year as of October 1. The five-year results for sales growth, earnings growth, ROE and stock performance were weighted twice as heavily as the one-year figures.

In its listing for PRA, Forbes noted the company's five-year average sales growth of 24 percent, earnings per share growth of 31 percent, and return on equity of 18 percent.

The complete list of America's Best Small Companies is featured in the Nov. 3, 2014 issue of Forbes and is available online at www.forbes.com/best-small-companies/list/.

About PRA Group

By acquiring non-performing consumer debt, PRA Group returns capital to global banks and other creditors to help expand financial services for consumers in North America and Europe. PRA Group companies collaborate with customers to create affordable, realistic debt repayment plans and provide a broad range of additional revenue and recovery services to business and government clients in the U.S. and the U.K.

PRA Group has been recognized as one of Fortune's 100 Fastest-Growing Companies for the past three years and has been named one of Forbes' Best Small Companies in America every year since 2007. The company employs more than 4,000 people in North America and Europe and is headquartered in Norfolk, Virginia.

For more information, please visit www.pragroup.com.

CONTACT: Media Contact: Ray Atkinson Assistant Vice President, Corporate Communications 757-351-3264 rayatkinson@pragroup.com

Source:PRA Group