RM News and Press, Regional Management Corp. From 01/04/23

Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it will report its fourth quarter 2022 results after the market closes on Wednesday, February 8, 2023. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A liv...

Regional Management ( NYSE: RM ) has commenced lending operations in Idaho, its 18 th U.S. state, and expects to open its first branch within Idaho during Q1 2023. Robert W. Beck, President and CEO commented, “We expect to service loans originate...

Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has commenced lending operations in Idaho, its 18 th U.S. state, and expects to open its first branch within Idaho during the first quarter of 2023. “We are very pleased to bring o...

Summary RM has robust sales growth, strong EBITDA margins, and a stable loan book with low delinquency rates. On an EV/EBITDA comparable valuation, RM is not undervalued and remains at a fair price. But given the recent stock drop off along with the market, expect a rebound in...

Regional Management Corp. (RM) Q3 2022 Earnings Conference Call November 1, 2022 5:00 PM ET Company Participants Garrett Edson - ICR Rob Beck - President and Chief Executive Officer Harp Rana - Executive Vice President and Chief Financial Officer Conference...

Regional Management press release ( NYSE: RM ): Q3 GAAP EPS of $1.06 beats by $0.16 . Revenue of $131.45M (+17.9% Y/Y) beats by $5.49M . For further details see: Regional Management GAAP EPS of $1.06 beats by $0.16, revenue of $131.45M beats by $5.49M

The following slide deck was published by Regional Management Corp. in conjunction with their 2022 Q3 earnings call. For further details see: Regional Management Corp. 2022 Q3 - Results - Earnings Call Presentation

- Net income of $10.1 million and diluted earnings per share of $1.06 - - 22.3% year-over-year net finance receivables growth and 17.9% year-over-year revenue growth - - 30+ day contractual delinquencies of 7.2% as of September 30, 2022 - Regional Man...

Regional Management ( NYSE: RM ) said Thursday it closed a $200M asset-backed securitization , which has a 2-year revolving period. The deal was a private offering of securities. "The transaction strengthens our balance sheet, further diversifies our funding sourc...

Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has completed a $200 million asset-backed securitization, its ninth securitization. The securitization has a 2-year revolving period, and the Class A notes received an “AAAȁ...