Such performance was driven once more because of the significant collection and revenue increases, low financing costs and you may a healthier borrowing profile
Many thanks, Deprive, and good morning, folks. I am going to take you owing to the last-quarter leads to more detail. To the Page 3 of one’s extra speech, you can expect all of our fourth-quarter economic features. I made net gain regarding $20.8 million and you can diluted earnings for each and every express out of $dos.04, up 45% and 59%, Brazil payday loan and cash advance correspondingly, along the early in the day-12 months several months.
The organization lead strong returns with 6% ROA and 31.5% ROE it quarter, and you can 7.2% ROA and you will 30.6% ROE on the complete 12 months 2021. We still demonstrated our very own capacity to push money to our summary and you can build robust productivity. Because portrayed on Page cuatro, department originations improved seasons over seasons as we started $287 million from part money about fourth quarter, 7% greater than the prior season several months.
Meanwhile, direct mail and electronic originations was in fact 55% over the previous 12 months months, rising so you can $148 mil regarding originations.