Regional Management Corp. Announces First Quarter 2024 Results
Regional Management Corp. (RM)
Last regional management corp. earnings: 2/25 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
regionalmanagement.com
Company Research
Source: Business Wire
- Net income of $15.2 million and diluted earnings per share of $1.56, up from $0.90 in the prior-year period -- 30+ day contractual delinquency rate of 7.1% as of March 31, 2024 -- Continued expense discipline with operating expense ratio of 13.7% - GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced results for the first quarter ended March 31, 2024.“We had a very strong start to 2024, as we outperformed our outlook on both the top and bottom lines,” said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. “We generated net income of $15.2 million and diluted earnings per share of $1.56 in the first quarter. Our portfolio liquidated by $27 million, in line with our expectations and consistent with normal seasonal trends. The increased pricing that we have implemented over the past several quarters, along with some modest growth in our higher-margin, small loan portfolio, dr
Show less
Read more
Impact Snapshot
Event Time:
RM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RM alerts
High impacting Regional Management Corp. news events
Weekly update
A roundup of the hottest topics
RM
News
- Should Shareholders Reconsider Regional Management Corp.'s (NYSE:RM) CEO Compensation Package? [Yahoo! Finance]Yahoo! Finance
- Regional Management Corp. (NYSE:RM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Regional Management (NYSE:RM) Is Due To Pay A Dividend Of $0.30 [Yahoo! Finance]Yahoo! Finance
- Regional Management Corp. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions [Yahoo! Finance]Yahoo! Finance
- Regional Management Corp. (NYSE: RM) had its price target raised by analysts at Keefe, Bruyette & Woods from $26.00 to $28.00. They now have a "market perform" rating on the stock.MarketBeat
RM
Earnings
- 5/1/24 - Beat
RM
Sec Filings
- 5/13/24 - Form 3
- 5/8/24 - Form 4
- 5/8/24 - Form 8-K
- RM's page on the SEC website