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Regional Management(RM) - 2024 Q3 - Quarterly Results
RMRegional Management(RM)2024-11-06 21:22

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 ...