Knowledge (XXG)

FirstCash

Source πŸ“

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chief executive in favor of company president Rick Powell in 1992, before departing to pursue other interests the following year. The company would continue to grow by purchasing smaller pawn shop chains, and in 1998 became the first major pawnbroker to sell merchandise via the Internet. Powell remained CEO until 2004, and chairman of the board until stepping down in 2010.
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filed a lawsuit against FirstCash and its subsidiary, Cash America West, for alleged violations of the Military Lending Act and a 2013 CFPB order against the same. While the Military Lending Act prohibits loans to servicemembers and their families with annual interest above 36%, the CFPB accused the
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of an insider trading investigation. The SEC accused him of purchasing 100,000 shares of company stock, the day before the company announced a 3-million-share buyback. According to the SEC's complaint, this trade led First Cash to overpay for its shares by approximately $ 36,000 and earned Powell $
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John R. Payne, Sr. founded First Cash in 1988, following his experiences owning a series of pawn shops in Dallas and Fort Worth. By 1991, Payne had expanded the company to six pawn shops and reincorporated in Delaware, taking the company public to raise funds for expansion. Payne would step down as
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Jack Daugherty founded Cash America in 1983 (possibly 1984), after prior experience running a pawn shop and a failed venture hunting for oil. He reinvested his earnings into acquiring more pawn shops, growing his business to 36 locations by 1987 and 101 at the end of 1988. Daugherty resigned as CEO
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124,000 in profit due to a rise in stock price. A court dismissed the claim in October 2012, as First Cash had already disclosed the existence of the buyback program, if not its timing, and ruled that Powell's knowledge and actions did not rise to the standard of
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In September 2022, the company paid $ 379,125.73 to 253 workers in Seattle, Washington, in order to settle claims that it violated the city's minimum wage, break time, and leave laws. As part of the settlement, it also paid $ 4,746.96 to the city of Seattle.
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in 1999 in favor of company president Daniel R. Feehan, though he remained involved with the company as chairman of the board. Feehan similarly retired in 2015 and assumed the chairmanship; Daugherty stepped down but continued to serve on the board.
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Through its wholly-owned subsidiary, American First Finance (β€œAFF”), it also provides lease-to-own (β€œLTO”) and retail finance payment solutions for consumer goods and services through a nationwide network of active retail merchant partner locations.
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In September 2016, Cash America International and First Cash Financial Services completed a "merger of equals", producing a new company with the name of FirstCash, Inc.
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stock exchange. In September 2016, the company merged with Cash America International, Inc. and in December 2021, the company acquired American First Finance.
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In 1998, First Cash purchased California-based Miraglia Inc, a provider of check-cashing software and owner of 11
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In 2010, First Cash board chairman and former CEO Rick Powell resigned his position in the company following a
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is an American pawnshop company headquartered in Fort Worth, Texas which operates retail
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In 2010, Cash America acquired Maxit Financial for $ 70 million in cash and stock.
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in the U.S. and Latin America. It is a publicly-traded company listed on the
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company of making thousands of loans with interest rates as high as 200%.
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Companies formerly listed on the New York Stock Exchange
510:(Press release). U.S. Securities and Exchange Commission 482:"FirstCash (FCFS) Wraps Up the Buyout of American First" 555:"CFPB Sues Pawn Lenders for Cheating Military Families" 133: 110:
United States, Mexico, Guatemala, Colombia, El Salvador
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U.S. Securities and Exchange Commission (2011-06-13).
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Archived from 579:Robinson, Theresa (2022-09-06). 528:Gorman, Thomas O. (2012-10-22). 312:Kleinfield, N. R. (1989-08-13). 193:In 2021, FirstCash entered the " 25: 314:"Running the Little Man's Bank" 2806:Companies listed on the Nasdaq 1192:Science Applications Intl Corp 730:Texas Pacific Land Corporation 455:O'Donnell, Paul (2021-10-28). 337:Francis, Robert (2014-07-23). 212:material nonpublic information 1: 2579:Gaming and Leisure Properties 2574:First Industrial Realty Trust 1202:Simpson Manufacturing Company 2826:Companies in the S&P 400 2142:Reinsurance Group of America 1607:Wyndham Hotels & Resorts 1470:Marriott Vacations Worldwide 2659:Sabra Health Care REIT 2569:Equity Lifestyle Properties 2127:Pinnacle Financial Partners 2102:MGIC Investment Corporation 2012:Fidelity National Financial 81:; 41 years ago 2842: 2629:Omega Healthcare Investors 2488:The New York Times Company 2375:MACOM Technology Solutions 2122:Old Republic International 2022:First Financial Bankshares 1405:Goodyear Tire & Rubber 1032:Fortune Brands Innovations 871:Scotts Miracle-Gro Company 201:Controversies and Lawsuits 2740:Portland General Electric 2654:Rexford Industrial Realty 2634:Park Hotels & Resorts 2609:Lamar Advertising Company 2167:Selective Insurance Group 1932:Annaly Capital Management 1917:Affiliated Managers Group 1736:Arrowhead Pharmaceuticals 912:Advanced Drainage Systems 740:Weatherford International 343:Fort Worth Business Press 24: 16:American pawnshop company 2720:NorthWestern Corporation 2614:Medical Properties Trust 2197:Texas Capital Bancshares 1927:American Financial Group 1257:Watts Water Technologies 285:"Cash America names CEO" 145:FirstCash Holdings, Inc. 20:FirstCash Holdings, Inc. 2695:Black Hills Corporation 2639:Physicians Realty Trust 2604:Kite Realty Group Trust 2584:Healthcare Realty Trust 2544:COPT Defense Properties 2478:Frontier Communications 2182:Starwood Property Trust 2112:New York Community Bank 1967:Columbia Banking System 1751:BioMarin Pharmaceutical 1495:Penske Automotive Group 1290:Abercrombie & Fitch 1147:nVent Electric plc 831:Knife River Corporation 461:The Dallas Morning News 413:Dallas Business Journal 289:Dallas Business Journal 2539:Brixmor Property Group 2483:Iridium Communications 1851:Neurocrine Biosciences 1705:Sprouts Farmers Market 1690:Performance Food Group 1655:Coca-Cola Consolidated 1645:Casey's General Stores 1490:Ollie's Bargain Outlet 1435:Hilton Grand Vacations 1415:Grand Canyon Education 217:In November 2021, the 2360:Lattice Semiconductor 2137:Prosperity Bancshares 2097:Kinsale Capital Group 1947:Brighthouse Financial 1685:Lancaster Colony Corp 1430:Helen of Troy Limited 1365:Dick's Sporting Goods 1137:MSC Industrial Direct 846:NewMarket Corporation 631:S&P 400 companies 60:S&P 400 Component 2715:New Jersey Resources 2669:Vornado Realty Trust 2559:EastGroup Properties 2380:Manhattan Associates 2260:Allegro MicroSystems 2077:Intl Bancshares Corp 1821:Jazz Pharmaceuticals 1560:Travel + Leisure Co. 1345:Churchill Downs Inc. 1197:Sensata Technologies 1097:Lennox International 438:The Associated Press 270:. 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September 2, 2016. 182:check-cashing stores 176:Notable Acquisitions 2700:Essential Utilities 2493:Nexstar Media Group 2202:UMB Financial Corp. 2072:Interactive Brokers 1972:Commerce Bancshares 1962:CNO Financial Group 1901:United Therapeutics 1665:Darling Ingredients 1640:Boston Beer Company 1635:BJ's Wholesale Club 1350:Columbia Sportswear 1262:WESCO International 967:Comfort Systems USA 725:Southwestern Energy 21: 2735:Ormat Technologies 2599:Kilroy Realty Corp 2594:Jones Lang LaSalle 2549:Cousins Properties 2508:Warner Music Group 2503:TKO Group Holdings 2400:Power Integrations 2265:Altair Engineering 1982:Equitable Holdings 1856:Option Care Health 1455:Light & Wonder 952:Carlisle Companies 947:CACI International 195:buy now, pay later 2773: 2772: 2710:National Fuel Gas 2445:Universal Display 2370:Lumentum Holdings 2325:CommVault Systems 2275:Arrow Electronics 2207:United Bankshares 2117:Old National Bank 2107:Morningstar, Inc. 2057:Hanover Insurance 1997:Euronet Worldwide 1992:Essent Group Ltd. 1977:East West Bancorp 1886:Shockwave Medical 1826:Lantheus Holdings 1726:Acadia Healthcare 1520:Service Corp Intl 1380:Floor & Decor 932:Avis Budget Group 866:RPM International 836:Louisiana-Pacific 821:Graphic Packaging 806:Commercial Metals 715:Permian Resources 690:Matador Resources 670:Civitas Resources 660:Chesapeake Energy 266:(Press release). 248:(Press release). 142: 141: 98:Fort Worth, Texas 2833: 2280:Aspen Technology 2270:Amkor Technology 2177:South State Bank 2007:Federated Hermes 1896:Tenet Healthcare 1781:Envista Holdings 1771:Encompass Health 1650:Celsius Holdings 1232:The Toro Company 1102:Lincoln Electric 957:Chart Industries 942:BWX Technologies 801:Cleveland-Cliffs 766:Arcadium Lithium 650:Antero Resources 645:Antero Midstream 624: 617: 610: 601: 595: 594: 592: 591: 576: 570: 569: 567: 566: 550: 544: 543: 541: 540: 525: 519: 518: 516: 515: 503: 497: 496: 494: 493: 477: 471: 470: 468: 467: 452: 446: 445: 430: 424: 423: 421: 420: 405: 399: 398: 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Beauty 1668: 1666: 1663: 1661: 1658: 1656: 1653: 1651: 1648: 1646: 1643: 1641: 1638: 1636: 1633: 1631: 1628: 1627: 1625: 1619: 1613: 1612:Yeti Holdings 1610: 1608: 1605: 1603: 1600: 1598: 1595: 1593: 1590: 1588: 1585: 1583: 1580: 1578: 1575: 1572: 1569: 1566: 1563: 1561: 1558: 1556: 1553: 1551: 1550:Toll Brothers 1548: 1546: 1543: 1541: 1538: 1536: 1533: 1531: 1528: 1526: 1523: 1521: 1518: 1516: 1513: 1511: 1508: 1506: 1503: 1501: 1498: 1496: 1493: 1491: 1488: 1486: 1483: 1481: 1478: 1476: 1473: 1471: 1468: 1466: 1463: 1461: 1460:Lithia Motors 1458: 1456: 1453: 1451: 1448: 1446: 1443: 1441: 1438: 1436: 1433: 1431: 1428: 1426: 1423: 1421: 1420:H&R Block 1418: 1416: 1413: 1411: 1408: 1406: 1403: 1401: 1398: 1396: 1393: 1391: 1388: 1386: 1383: 1381: 1378: 1376: 1373: 1371: 1368: 1366: 1363: 1361: 1358: 1356: 1353: 1351: 1348: 1346: 1343: 1341: 1340:Choice Hotels 1338: 1336: 1333: 1331: 1328: 1326: 1323: 1321: 1318: 1316: 1313: 1311: 1308: 1306: 1303: 1301: 1298: 1296: 1293: 1291: 1288: 1287: 1285: 1283:Discretionary 1279: 1273: 1270: 1268: 1265: 1263: 1260: 1258: 1255: 1253: 1250: 1248: 1245: 1243: 1240: 1238: 1235: 1233: 1230: 1228: 1225: 1223: 1220: 1218: 1215: 1213: 1210: 1208: 1205: 1203: 1200: 1198: 1195: 1193: 1190: 1188: 1185: 1183: 1180: 1178: 1177:Regal Rexnord 1175: 1173: 1170: 1168: 1165: 1163: 1160: 1158: 1157:Owens Corning 1155: 1153: 1150: 1148: 1145: 1143: 1140: 1138: 1135: 1133: 1130: 1128: 1125: 1123: 1122:MDU Resources 1120: 1118: 1115: 1113: 1110: 1108: 1107:ManpowerGroup 1105: 1103: 1100: 1098: 1095: 1093: 1090: 1088: 1085: 1083: 1080: 1078: 1075: 1073: 1070: 1068: 1065: 1063: 1060: 1058: 1057:GXO Logistics 1055: 1053: 1050: 1048: 1045: 1043: 1040: 1038: 1035: 1033: 1030: 1028: 1025: 1023: 1020: 1018: 1015: 1013: 1010: 1008: 1005: 1003: 1000: 998: 995: 993: 990: 988: 985: 983: 980: 978: 975: 973: 970: 968: 965: 963: 962:Clean Harbors 960: 958: 955: 953: 950: 948: 945: 943: 940: 938: 935: 933: 930: 928: 925: 923: 920: 918: 915: 913: 910: 908: 907:Acuity Brands 905: 904: 902: 898: 892: 889: 887: 884: 882: 879: 877: 874: 872: 869: 867: 864: 862: 859: 857: 854: 852: 849: 847: 844: 842: 839: 837: 834: 832: 829: 827: 824: 822: 819: 817: 814: 812: 809: 807: 804: 802: 799: 797: 794: 792: 789: 787: 784: 782: 779: 777: 774: 772: 769: 767: 764: 762: 759: 757: 754: 753: 751: 747: 741: 738: 736: 733: 731: 728: 726: 723: 721: 718: 716: 713: 711: 708: 706: 703: 701: 698: 696: 693: 691: 688: 686: 683: 681: 678: 676: 675:CNX Resources 673: 671: 668: 666: 663: 661: 658: 656: 653: 651: 648: 646: 643: 642: 640: 636: 632: 625: 620: 618: 613: 611: 606: 605: 602: 586: 582: 575: 572: 560: 556: 549: 546: 535: 531: 524: 521: 509: 502: 499: 487: 483: 476: 473: 462: 458: 451: 448: 443: 439: 435: 429: 426: 414: 410: 404: 401: 390: 386: 379: 377: 373: 368: 364: 358: 355: 344: 340: 333: 330: 319: 315: 308: 306: 302: 290: 286: 280: 278: 274: 269: 268:GlobeNewswire 265: 259: 256: 251: 250:GlobeNewswire 247: 241: 239: 235: 229: 227: 223: 220: 215: 213: 208: 200: 198: 196: 191: 188: 185: 183: 175: 173: 169: 162: 160: 156: 154: 150: 146: 137: 131: 127: 124: 120: 117: 113: 109: 103: 99: 96: 92: 78: 74: 71: 68: 64: 61: 57: 53: 50: 47: 42: 39: 36: 32: 28: 23: 2534:Agree Realty 2420:Silicon Labs 2405:Pure Storage 2310:Cirrus Logic 2251:Information 2227:Webster Bank 2031: 1952:Cadence Bank 1806:HealthEquity 1761:Chemed Corp. 1577:Vail Resorts 1571:Under Armour 1565:Under Armour 1535:Tempur Sealy 1172:RBC Bearings 1117:Maximus Inc. 1087:Knight-Swift 841:MP Materials 786:Berry Global 680:DT Midstream 665:Chord Energy 588:. Retrieved 584: 574: 563:. Retrieved 558: 548: 537:. Retrieved 533: 523: 512:. Retrieved 501: 490:. Retrieved 485: 475: 464:. Retrieved 460: 450: 442:the original 437: 428: 417:. Retrieved 415:. 1998-06-22 412: 403: 392:. Retrieved 388: 366: 357: 346:. Retrieved 342: 332: 321:. Retrieved 317: 293:. Retrieved 291:. 1999-12-13 288: 258: 224: 216: 207:Wells notice 204: 192: 189: 186: 179: 170: 166: 157: 144: 143: 94:Headquarters 34:Company type 2765:Vistra Corp 2755:TXNM Energy 2674:W. P. Carey 2527:Real Estate 2217:Valley Bank 1796:Haemonetics 1719:Health Care 1385:Fox Factory 1315:Boyd Gaming 1012:EXL Service 900:Industrials 826:Greif, Inc. 685:HF Sinclair 149:pawn stores 106:Area served 2811:Pawn shops 2780:Categories 2725:OGE Energy 2589:IRT Living 2513:Ziff Davis 2425:Supermicro 2365:Littelfuse 2253:Technology 2042:Frost Bank 1910:Financials 1480:Murphy USA 1375:Five Below 1325:Burlington 1310:AutoNation 1222:Tetra Tech 1207:Stericycle 1142:Nextracker 1132:MSA Safety 972:Concentrix 886:U.S. Steel 861:Royal Gold 791:Cabot Corp 761:AptarGroup 710:PBF Energy 695:Murphy Oil 590:2022-11-22 565:2022-11-21 539:2023-08-22 514:2023-08-21 492:2022-11-22 486:Nasdaq.com 466:2022-11-21 419:2023-08-21 394:2023-08-22 348:2023-01-16 323:2023-01-16 295:2023-01-16 230:References 119:Pawnbroker 2683:Utilities 2554:CubeSmart 2460:Wolfspeed 2435:TD Synnex 2430:Synaptics 2345:Dynatrace 2330:Crane NXT 2295:Blackbaud 2132:Primerica 2087:Jefferies 2032:FirstCash 1680:Ingredion 1621:Consumer 1582:Valvoline 1485:Nordstrom 1320:Brunswick 1281:Consumer 1272:XPO, Inc. 1167:RB Global 1162:Paylocity 1067:Insperity 1022:Flowserve 992:Donaldson 927:ASGN Inc. 749:Materials 655:ChampionX 134:firstcash 46:Traded as 2649:Rayonier 2624:NNN Reit 2518:ZoomInfo 2471:Services 2440:Teradata 2242:Wintrust 2237:WEX Inc. 2172:SLM Corp 2002:Evercore 1942:Bank OZK 1881:Repligen 1861:Penumbra 1831:LivaNova 1811:Illumina 1801:Halozyme 1786:Exelixis 1766:Doximity 1731:Amedisys 1710:US Foods 1602:Wingstop 1525:Skechers 1390:GameStop 1370:Duolingo 1335:Carter's 1267:Woodward 1127:Middleby 891:Westlake 796:Chemours 534:Lexology 123:services 115:Services 66:Industry 2730:ONE Gas 2705:Idacorp 2455:Vontier 2390:Novanta 2355:Kyndryl 2340:Dropbox 2192:Synovus 1871:Progyny 1866:Perrigo 1841:Medpace 1741:Avantor 1623:Staples 1592:Wendy's 1587:Visteon 1505:Polaris 1445:KB Home 1305:Autoliv 1300:Aramark 1247:Valmont 1152:Oshkosh 1047:Genpact 1002:EnerSys 937:Brink's 705:Ovintiv 585:KIRO-TV 488:. Zacks 389:Reuters 163:History 129:Website 84: ( 76:Founded 54::  2690:ALLETE 2450:Vishay 2415:Rambus 2410:Qualys 2315:Cognex 2290:Belden 2187:Stifel 2092:Kemper 1876:R1 RCM 1846:Neogen 1836:Masimo 1776:Enovis 1756:Bruker 1746:Azenta 1475:Mattel 1465:Macy's 1400:Gentex 1295:Adient 1252:Watsco 1227:Timken 1212:Sunrun 1112:MasTec 1062:Hexcel 881:Sonoco 781:Axalta 776:Avient 638:Energy 153:Nasdaq 100:, U.S. 70:Retail 52:Nasdaq 38:Public 2750:Spire 2498:Tegna 2335:Dolby 2305:Ciena 2300:Calix 2285:Avnet 1440:Hyatt 1355:Crocs 1217:Terex 1182:Ryder 1082:Kirby 1052:Graco 1027:Fluor 997:Emcor 982:Crane 917:AECOM 756:Alcoa 2212:Unum 1660:Coty 1450:Lear 1237:Trex 1187:Saia 1042:GATX 1007:ESAB 922:AGCO 851:Olin 136:.com 86:1983 79:1983 56:FCFS 2162:SEI 2152:RLI 1510:PVH 1395:Gap 1077:KBR 1072:ITT 700:Nov 184:. 2782:: 1515:RH 583:. 557:. 532:. 484:. 459:. 436:. 411:. 387:. 375:^ 365:. 341:. 316:. 304:^ 287:. 276:^ 237:^ 214:. 121:, 623:e 616:t 609:v 593:. 568:. 542:. 517:. 495:. 469:. 422:. 397:. 369:. 351:. 326:. 298:. 88:)

Index


Public
Traded as
Nasdaq
FCFS
S&P 400 Component
Retail
Fort Worth, Texas
Pawnbroker
services
firstcash.com
pawn stores
Nasdaq
check-cashing stores
buy now, pay later
Wells notice
material nonpublic information
Consumer Financial Protection Bureau


"FirstCash Announces Successful Completion of Merger of Equals Combining First Cash Financial Services, Inc. and Cash America International, Inc"
GlobeNewswire
"FirstCash Completes Acquisition of American First Finance"
GlobeNewswire


"Cash America names CEO"


"Running the Little Man's Bank"

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