By Elias Schisgall

Shares of World Acceptance Corp. fell after the personal finance company swung to a loss in the third quarter.

The stock was down 21% to $113.16 as of Tuesday afternoon. Shares have lost 13% of their value in the past year.

The company reported a loss Tuesday of $912,000, or 19 cents a share, compared with a profit of $13.4 million, or $2.45 a share, a year earlier.

Revenue rose to $141.3 million from $138.6 million a year prior.

The company said the loss was driven by an increase in share-based compensation expense, as well as an increase in provision for credit losses from the company's shift toward growing its loan portfolio in fiscal 2025.

"We expect that the investments we made in our portfolio this year will begin to pay off towards the next fiscal year as we continue our targeted growth with fewer new customers as a percent of the mix," the company said. "We expect lower charge-offs and reserve rates and improved profitability as the new customers gain tenure in the portfolio and additional growth is more widely dispersed."

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

January 27, 2026 13:22 ET (18:22 GMT)

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