Group 1: Earnings Performance - Regional Management reported quarterly earnings of $0.98 per share, exceeding the Zacks Consensus Estimate of $0.88 per share, and up from $0.54 per share a year ago, representing an earnings surprise of 11.36% [1] - The company posted revenues of $154.83 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.75% and increasing from $141.66 million year-over-year [2] Group 2: Stock Performance and Outlook - Regional Management shares have increased approximately 7.4% since the beginning of the year, compared to the S&P 500's gain of 2.7% [3] - The current consensus EPS estimate for the upcoming quarter is $1.48 on revenues of $155.74 million, and for the current fiscal year, it is $5.29 on revenues of $625.35 million [7] Group 3: Industry Context - The Financial - Consumer Loans industry, to which Regional Management belongs, is currently in the top 35% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Execution Version Second Amendment to Credit Agreement and Consent This Second Amendment to Credit Agreement and Consent, dated as of January 31, 2025 (this "Amendment"), is entered into by and among Regional Management Receivables VI, LLC, a Delaware limited liability company (the "Borrower"), Regional Management Corp., a Delaware corporation, as servicer (the "Servicer"), the Lenders party hereto, and Regions Bank ("Regions"), as administrative agent (the "Administrative Agent"). Capitalized terms used an ...

Regional Management Corp. (RM) recently launched a $30 million stock buyback program authorized by its board of directors. The company aims to opportunistically repurchase shares when it believes the stock is undervalued, leveraging its financial position and liquidity.The buyback program is effective immediately and will run through Dec. 31, 2026. It reflects the company’s confidence in its financial health and aims to enhance shareholder value. Earlier, Regional Management announced a dividend of 30 cents ...

Regional Management Corp. (RM) announced the launch of a stock repurchase program. It has also outlined growth expectations for 2025.Details of RM’s Share Repurchase ProgramThe company’s board of directors authorized a stock repurchase program for its outstanding common stock worth up to $30 million. The authorization is effective immediately and will continue through Dec. 31, 2026.The timing and volume of the repurchases under the stock buyback program will depend on various factors, including market condi ...

Shares of Regional Management Corp. (RM) have lost 9.3% since it reported third-quarter 2024 results on Nov. 6, after the closing bell. Despite an earnings beat, investors might be concerned about the impact of Hurricane Helene and rising provision for credit losses on the company’s earnings. Higher interest and fee income and net financial receivables partially offset the negatives.It reported third-quarter 2024 adjusted earnings per share (EPS) of $1.18, which beat the Zacks Consensus Estimate by 12.4%. T ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Regional Management (RM) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.38%. A quarter ago, it was expected that this financial services company would post earnings of $0.59 per share when it actually produced earnings of $0.86, delivering a surprise of 45.76%.Over the last four q ...

Exhibit 99.1 Regional Management Corp. Announces Third Quarter 2024 Results - Net income of $7.7 million and diluted earnings per share of $0.76, inclusive of a $4.3 million, or $0.42 per share, impact due to hurricane events occurring in the third quarter of 2024 - - Record revenue and ending net receivables driven by $46 million of sequential portfolio growth, an annualized growth rate of 10% - - Net credit loss rate of 10.6% and 30+ day contractual delinquency rate of 6.9% as of September 30, 2024, both ...

Regional Management Corp. (RM) shares have jumped 15.9% in the past month, outperforming the industry's return of 11% and the S&P 500 Index's rise of 8.7%. Improving credit performance and growth in small loan portfolios appear to have catalyzed this bullishness. Currently priced at $33.53, the stock is just 1.8% below its 52-week high of $34.15. This proximity underscores investor confidence and market optimism about this consumer finance company's prospects. It has the ingredients for further price apprec ...

Core Viewpoint - Regional Management Corp. (RM) reported strong second-quarter 2024 earnings, but shares declined by 2.5% post-results due to higher expenses and lower insurance income [1] Financial Performance - Adjusted earnings per share (EPS) for Q2 2024 were 86 cents, exceeding the Zacks Consensus Estimate by 45.8% and reflecting a 36.5% year-over-year increase [2] - Total revenues increased by 7.1% year over year to $143 million, slightly missing the consensus mark by 0.1% [2] - Interest and fee income rose 8.3% year over year to $127.9 million, beating the consensus estimate by 0.5% [3] - Net insurance income fell 6.2% to $10.5 million, missing the consensus by 8.6% [3] - General and administrative expenses increased by 5.7% to $60.1 million, driven by higher personnel and marketing costs [4] - Net income for Q2 2024 was $8.4 million, up from $6 million a year ago [5] Operational Update - Net finance receivables reached $1.8 billion, a 5% increase from the previous year [6] - Small loans increased by 13.7% to $505.6 million, while large loans rose by 2.3% to $1.3 billion [6] - Total loan originations for the quarter were $426.1 million, a 6.8% year-over-year increase [7] Financial Position - As of June 30, 2024, total assets were $1.79 billion, nearly unchanged from the end of 2023 [8] - Net debt decreased from $1.399 billion at the end of 2023 to $1.378 billion [8] - Total shareholders' equity rose from $322.3 million at the end of 2023 to $344.9 million [8] Dividend Update - A dividend of 30 cents per share was announced for Q3 2024, payable on September 12 to shareholders of record as of August 21 [9] Future Outlook - The company anticipates improved credit losses in the second half of 2024 and plans to open 10 new branch locations by year-end [10] - Expected growth in net finance receivables is around 6% for 2024, with a projected increase of $48 million in Q3 [10] - General and administrative expenses for 2024 are expected to be approximately $250 million, up from $243.1 million in 2023 [10] - The effective tax rate is anticipated to be between 24-25% for the full year [11] - Full-year net income is projected to be in the range of $41-$44 million [11]