Most consumer finance companies reported solid earnings in the second quarter as loan originations continued to grow despite rising prepayment rates.

FirstPlus Financial Group Inc. reported a 35% increase in earnings per share for the quarter ended June 30, to 65 cents. Net income was $27.8 million, compared with $19.8 million the year earlier.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.