Mixed Quarterly Results from Credit Services Companies - Research Report on CapitalSource, Sallie Mae, Equifax, World

 Mixed Quarterly Results from Credit Services Companies - Research Report on
    CapitalSource, Sallie Mae, Equifax, World Acceptance, and Cash America
                                International

PR Newswire

NEW YORK, July 30, 2013

NEW YORK, July 30, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Investors' Reports announced new research reports highlighting
CapitalSource Inc. (NYSE: CSE), SLM Corporation (NASDAQ: SLM), Equifax Inc.
(NYSE: EFX), World Acceptance Corp. (NASDAQ: WRLD), and Cash America
International, Inc. (NYSE: CSH). Today's readers may access these reports free
of charge - including full price targets, industry analysis and analyst
ratings - via the links below.

CapitalSource Inc. Research Report

On July 23, 2013, CapitalSource Inc. (CapitalSource) released its Q2 2013
financial results. Interest income was up 5.3% YoY to $101.2 million.
Non-interest income was up 14.5% YoY to $15.1 million. Net income was up 30.4%
YoY to $30.1 million. "The second quarter at CapitalSource Bank was in line
with our expectations, as our growth and profitability metrics continue to
outperform most of our peer banks of comparable size," said Tad Lowrey,
CapitalSource Bank Chairman and Chief Executive Officer. "Our net interest
margin was down from the prior quarter as we expected, but still above most
peers at 4.79%. Our credit performance remained stable, our return on average
assets at 1.6% was consistent with the last eight quarters which averaged 1.7%
and our capital ratios remain well above industry norms with a Tier 1 leverage
ratio of 13.51% at quarter end," concluded Lowrey. The Full Research Report on
CapitalSource Inc. - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-07-26/CSE]

SLM Corporation Research Report

On July 17, 2013, SLM Corporation (Sallie Mae) released its Q2 2013 financial
results. Core earnings were up 90.1% YoY to $462 million, or $1.02 diluted
EPS. GAAP Net income was up 86% YoY to $543 million. Diluted EPS was up 103.4%
YoY to $1.2. Sallie Mae reported that Q2 2013 private education loan 90-day
delinquency and charge-off rates dropped to 3.6% and 2.7%, respectively, their
lowest levels since 2008. Jack Remondi, President and CEO of Sallie Mae,
commented, "We are pleased with the low delinquency and default results
achieved by our customers as the measures confirm the effectiveness of our
underwriting standards and servicing solutions." The Company also reported
that it expects full-year 2013 private education loan origins to be
approximately $4 billion and fully diluted core EPS of $2.80, inclusive of the
contributions from the $0.44 earnings per share of gains related to FFELP loan
securitization trust residual sales and $0.08 earnings per share from the gain
from the business sale that have occurred through June 30, 2013. The Full
Research Report on SLM Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.InvestorsReports.com/report/2013-07-26/SLM]

Equifax Inc. Research Report

On July 24, 2013, Equifax Inc. (Equifax) released its Q2 2013 financial
results. Operating revenue was up 14.3% YoY to $586.9 million. Consolidated
income from continuing operations was up 20.7% YoY to $92.3 million. Net
income attributable to the Company was up 18.5% YoY to $90.5 million. Diluted
EPS was up 17.7% YoY to $0.73. Richard F. Smith, Equifax' Chairman and CEO,
said, "Broad-based performance, including double digit revenue growth and
expanded operating margins, drove our strong financial results in the second
quarter." Smith added, "With the integration of the CSC acquisition nearly
complete and accelerating growth in our core, non-mortgage activities and our
strategic initiatives, I am highly confident in our full year guidance."
Equifax reported that it expects full-year 2013 consolidated revenue growth to
be in the higher end of its 21% to 24% guidance range and operating margin is
expected to be between 26% and 27%. The Full Research Report on Equifax Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-07-26/EFX]

World Acceptance Corp. Research Report

On July 25, 2013, World Acceptance Corp. (World Acceptance) released its Q1 FY
2014 (period ended June 30, 2013) financial results. Revenues were up 9.4% YoY
to $145.3 million. Net income was up 2.2% YoY to $23.1 million, while diluted
EPS was up 14.7% YoY to $1.87. Sandy McLean, CEO of World Acceptance, stated,
"World Acceptance's financial results reached record levels in the first
quarter. Our net income per dilutive share benefitted from our ongoing share
repurchase program." The Full Research Report on World Acceptance Corp. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.InvestorsReports.com/report/2013-07-26/WRLD]

Cash America International, Inc. Research Report

On July 25, 2013, Cash America International, Inc. (Cash America) released its
Q2 2013 financial results. Net revenues (total revenue less cost of
merchandise sold and loan loss provision expense) were up 4.8% YoY to $244.8
million. Income from operations was down 9.2% YoY to $49.2 million. Net income
attributable to the Company was down 15.8% YoY to $25.1 million, while diluted
EPS was down 13.8% YoY to $0.81. Daniel R. Feehan, President and CEO of Cash
America, said, "The overall financial results for the second quarter reflect
the trends that we have experienced over the past four quarters. Our Domestic
Retail Services Segment has faced an industry-wide challenge of adjusting to
the rapidly changing environment for the commercial sales of scrap gold and to
historically tepid loan demand. At the same time, our E-Commerce Segment
remains a bright spot for our enterprise with ongoing growth in its revenue
and earnings associated with its diversification of loan products in both the
U.S. and international markets. We expect the trends reflected in our second
quarter results will continue through the balance of 2013." The Full Research
Report on Cash America International, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at: [http://www.InvestorsReports.com/report/2013-07-26/CSH]

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SOURCE Investors' Reports

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