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REGIONAL MANAGEMENT CORP - RM STOCK NEWS

Welcome to our dedicated page for REGIONAL MANAGEMENT news (Ticker: RM), a resource for investors and traders seeking the latest updates and insights on REGIONAL MANAGEMENT stock.

Regional Management Corp. (symbol: RM) is a leading consumer finance company in the United States, established in 1987. The company specializes in providing installment loan products to individuals with limited access to traditional consumer credit from banks, thrifts, credit card companies, and other lenders. With a focus on customer-centric services, Regional Management Corp. offers both small and large installment loans, along with optional payment and collateral protection insurance. The company's primary revenue comes from interest and fee income on outstanding loans.

Regional Management Corp. takes immense pride in its commitment to quality customer service and has built a strong reputation for putting its customers first. The company’s success is largely attributed to its dedicated employees who are integral to its operations. There are ample opportunities for career advancement within the company, making it an attractive workplace for those who are hardworking and diligent.

Recent achievements and ongoing projects at Regional Management Corp. include expanding their range of financial products and enhancing customer service technologies to provide an even better customer experience. The company continues to grow steadily, reflecting its robust financial health and strategic partnerships. By focusing on community needs, Regional Management Corp. not only aims to improve the financial well-being of its customers but also contributes positively to the broader economic landscape.

Stay updated with the latest news and developments about Regional Management Corp. to keep track of their performance, new projects, and financial reports.

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Regional Management Corp. (NYSE: RM) will report its Q1 2024 results on May 1, 2024, followed by a conference call. The live webcast will be accessible on their website. Dial-in details are provided for participation and replay options.
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Regional Management Corp. (NYSE: RM) reported a net loss of $7.6 million and diluted loss per share of $0.80 for the fourth quarter of 2023. The company experienced a 6.9% contractual delinquency rate and had net receivables of $1.8 billion as of December 31, 2023. Despite the challenging fourth quarter, the company's quarterly revenue reached record levels, driven by high-quality loan growth and strong total revenue yields. The CEO expressed optimism for 2024, citing a series of actions taken in the fourth quarter to position the business for stronger results.
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Regional Management Corp. (NYSE: RM) to report Q4 2023 results on February 7, 2024, followed by a conference call and webcast. Dial-in number (855) 327-6837 (toll-free) or (631) 891-4304 (international). Webcast replay available for one year.
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Regional Management Corp. (NYSE: RM) announced the departure of Executive Vice President and COO John Schachtel. President and CEO Rob Beck and the executive team will absorb Schachtel's responsibilities. The company expressed gratitude for Schachtel's contributions and confidence in continued growth.
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Regional Management Corp. (NYSE: RM) announces the passing of board member, Philip Bancroft, who brought a wealth of knowledge and experience to the company. Mr. Bancroft served as Chair of the Board’s Audit Committee and as a member of the Board’s Risk Committee. Prior to joining Regional Management’s Board of Directors, he held executive positions at Chubb Limited and ACE Limited, as well as PricewaterhouseCoopers. His sudden passing is deeply mourned by the company and the community.
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Regional Management Corp. (NYSE: RM) reported net income of $8.8 million and diluted earnings per share of $0.91 for the third quarter of 2023. The company experienced high-quality portfolio growth, with record revenue of $141 million and a sequential increase in revenue yields of 80 basis points. The 30+ day contractual delinquency rate was 7.3% as of September 30, 2023. The company's Board of Directors declared a dividend of $0.30 per common share for the fourth quarter of 2023.
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Regional Management Corp. will report its Q3 2023 results on November 1, 2023. Conference call to discuss results at 5:00 PM ET. Webcast replay available for one year.
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FAQ

What is the current stock price of REGIONAL MANAGEMENT (RM)?

The current stock price of REGIONAL MANAGEMENT (RM) is $33.86 as of December 20, 2024.

What is the market cap of REGIONAL MANAGEMENT (RM)?

The market cap of REGIONAL MANAGEMENT (RM) is approximately 338.4M.

What does Regional Management Corp. do?

Regional Management Corp. provides installment loan products to individuals with limited access to traditional consumer credit from banks and other lenders.

When was Regional Management Corp. founded?

Regional Management Corp. was founded in 1987.

What types of loans does Regional Management Corp. offer?

The company offers small and large installment loans, along with optional payment and collateral protection insurance.

What is the primary source of revenue for Regional Management Corp.?

The primary source of revenue is interest and fee income on outstanding loans.

What makes Regional Management Corp. different from other lenders?

The company is known for its customer-centric approach and high-quality customer service.

How does Regional Management Corp. support its employees?

The company provides ample opportunities for career advancement and values the contributions of its hardworking employees.

How is Regional Management Corp. performing financially?

The company has shown steady growth and robust financial health through strategic partnerships and continuous product expansion.

What recent projects is Regional Management Corp. involved in?

The company is working on expanding its range of financial products and enhancing customer service technologies.

How does Regional Management Corp. contribute to the community?

The company aims to improve the financial well-being of its customers and positively impact the broader economic landscape.

Where can I find the latest news about Regional Management Corp.?

You can stay updated with the latest news and developments on the StockTitan website and the company's official channels.

REGIONAL MANAGEMENT CORP

NYSE:RM

RM Rankings

RM Stock Data

338.43M
9.28M
8.25%
79.54%
2.41%
Credit Services
Personal Credit Institutions
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United States of America
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