BNET Industries

Market Cap:$566.7M
Last Fiscal Year Sales:$333.5M
  • Public
  • US
Dow Jones Description

First Cash Financial Services, Inc. is a leading provider of specialty consumer financial services and related retail products. Its pawn stores make small loans secured by pledged personal property, retail pawned merchandise acquired through loan forfeitures and in certain locations provide short-term advances and credit services products. The Company's short-term advance locations provide various combinations of short-term advance products, check-cashing, credit services and other financial services products. First Cash also operates automobile dealerships and related financing operations focused exclusively on the "buy-here/pay-here" segment of the used vehicle market. The Company owns and operates approximately 400 stores and buy-here/pay-here dealerships in 13 U.S. states and 8 states in Mexico. In addition, First Cash is an equal partner in Cash & Go, Ltd., a joint venture, which owns and operates 40 check-cashing and financial services kiosks located inside convenience stores. First Cash was founded in 1988. Its stores are located in Texas, Arkansas, California, District of Columbia, Illinois, Maryland, Michigan, Missouri, Oklahoma, Oregon, South Carolina, Virginia, Washington and Mexico. The Company's principal executive offices are located in Arlington, Texas. First Cash has been recognized for five consecutive years by Forbes magazine as one of its "200 Best Small Companies". This annual ranking is based on a combination of profitability and growth performance...

Vice Chairman of The Board & Chief Executive Officer
Rick L. Wessel
Number of Employees 3,800
Contact Information

690 E Lamar Blvd Ste 400

Arlington, Texas 76011-3864

firstcash.com

(817) 460-3947

NAICS Code Used Merchandise Stores: 453310

Recent Events

  • First Cash names 2 independent directors

    10/26/09 - Mgmt. Change Entering - Director - View Story

  • First Cash Financial FCFS Appoints Faulkner and Owen to Board of Directors

    10/26/09 - Board Member - Entering - View Story

  • UPDATE 2-First Cash Q3 beats Street, looks at pawn-only model

    10/20/09 - Financial Announcement - View Story

  • Roth Capital Partners LLC maintains First Cash Financial Services at 'buy'

    10/16/09 - Bond / Stock Rating - View Story

  • Shares of First Cash Financial FCFS in Positive Territory as JMP Lifts to Market Perform

    10/01/09 - Bond / Stock Rating - View Story

  • First Cash Financial Services reports record quarterly net earnings

    7/22/09 - Planned Site Openings - View Story

  • First Cash profit up 42 percent, backs 2009 outlook

    7/23/09 - Financial Announcement - View Story

  • First Cash Financial Reaffirms FY09 EPS View; Buys Two Pawnshops - Update

    6/17/09 - Financial Announcement - View Story

News & Analysis

first cash financial services inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
R. Douglas Orr Executive Vice President and Chief Financial Officer
Stephen Coffman COO
John C. Powell Senior Vice President & Director of Information Technology
John S. Powell Senior Vice President & Director, Info Technology
Daniel O'Sullivan Analyst
David Burtzlaff Analyst
Elizabeth Pierce Analyst
John Hecht Analyst
John J. Rowan Analyst
Rick B. Shane Analyst
William Armstrong Analyst

Board of Directors

Name (plus bio) Position
Rick L. Wessel Vice Chairman of The Board & Chief Executive Officer
Phillip E. Powell Chairman of The Board
Joe R. Love Board of Directors
Neil Irwin Board of Directors
R. Neil Irwin Board of Directors
Richard T. Burke Board of Directors
Tara MacMahon Board of Directors

Organization Position Status
First Cash Financial Services, Inc. Vice Chairman of The Board & Chief Executive Officer Current
First Cash Financial Services, Inc. Board of Directors Former

"R. Douglas Orr joined the Company in July 2002 as the Vice President of Finance. In January 2003, Mr. Orr was promoted to Chief Financial Officer and in December 2004 was promoted to Executive Vice President and Chief Financial Officer. In addition, Mr. Orr has served as Secretary and Treasurer since November 2006. Prior to joining the Company, Mr. Orr spent fourteen years at Ray & Berndtson, a global executive search firm, where he served in a variety of management and financial roles including Vice President of Financial Planning and Analysis, Vice President and Controller and Vice President of Knowledge. Prior to his employment at Ray & Berndtson, Mr. Orr spent four years in the Fort Worth office of Price Waterhouse LLP. "

Organization Position Status
First Cash Financial Services, Inc. Executive Vice President and Chief Financial Officer Current
First Cash Financial Services, Inc. Board of Directors Current
Ray & Berndtson Former

Stephen Coffman joined the Company in March 2008 as Chief Operating Officer. Previously, he served as president of Wasp Barcode Technologies, a retail-focused technology company based in the Dallas/Fort Worth area. Prior to his seven-year tenure with Wasp Barcode, Mr. Coffman served in senior management roles in the retail and manufacturing industries. Mr. Coffman launched his career as a business consultant with Deloitte & Touche, where he gained a strong background in operations, business planning, finance and other facets of management. He graduated from Texas A&M University in 1984.

Organization Position Status
First Cash Financial Services, Inc. COO Current

Organization Position Status
First Cash Financial Services, Inc. Senior Vice President & Director of Information Technology Current

Organization Position Status
First Cash Financial Services, Inc. Senior Vice President & Director, Info Technology Current

Organization Position Status
First Cash Financial Services, Inc. Analyst Current

Organization Position Status
First Cash Financial Services, Inc. Analyst Current

Organization Position Status
First Cash Financial Services, Inc. Analyst Current

Organization Position Status
First Cash Financial Services, Inc. Analyst Current

Organization Position Status
First Cash Financial Services, Inc. Analyst Current

Organization Position Status
First Cash Financial Services, Inc. Analyst Current

Organization Position Status
First Cash Financial Services, Inc. Analyst Current

Phillip (Rick) E. Powell has served as a director of the Company since March 1990, served as President from March 1990 until May 1992, and has served as Chief Executive Officer from May 1992 until December 2004. Mr. Powell has been engaged in the financial services industry for over twenty-eight years.

Organization Position Status
First Cash Financial Services, Inc. Chairman of The Board Current

Organization Position Status
First Cash Financial Services, Inc. Board of Directors Current

Organization Position Status
First Cash Financial Services, Inc. Board of Directors Current

Organization Position Status
First Cash Financial Services, Inc. Board of Directors Current

Richard T. Burke, Sr., 60, was appointed as a director in September 2004. Mr. Burke is on the Board of Directors of UnitedHealth Group, of which he was chief executive officer until 1988. From 1995 until 2001, Mr. Burke was the ow...

Organization Position Status
UnitedHealth Group Incorporated Chairman Current
Meritage Homes Corporation Board of Directors Current
First Cash Financial Services, Inc. Board of Directors Current
UnitedHealth Group Incorporated Chief Executive Officer Former
UnitedHealth Group Incorporated Director Former

Tara U. MacMahon has served as a director of the Company since June 2001. Mrs. MacMahon is the founder and managing general partner of Tara Capital Management LP, an investment management and advisory firm. Mrs. MacMahon has twenty-three years experience in the financial services industry. Mrs. MacMahon holds an MBA from the Harvard University Graduate School of Business Administration.

Organization Position Status
First Cash Financial Services, Inc. Board of Directors Current
Harvard University MBA Former
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     FCFS $19.00 +0.25 (1.33% )
Average Volume 208,644
Shares Outstanding 29.83M
Market Cap 566.8M
Year High 19.85
Year Low 11.26
Earnings Per Share 1.34
P/E Ratio 14.18
Dividend N/A
Yield N/A
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