Regional Management Corp. Announces Fourth Quarter 2023 Results
Regional Management Corp. (RM)
Last regional management corp. earnings: 2/25 04:05 pm
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US:NYSE Investor Relations:
regionalmanagement.com
Company Research
Source: Business Wire
- Net loss of $7.6 million and diluted loss per share of $0.80, inclusive of a $12.6 million, or $1.34 per share, impact due to three discrete fourth quarter actions -- 30+ day contractual delinquency rate of 6.9% as of December 31, 2023 -- Fourth quarter ending net receivables of $1.8 billion - GREENVILLE, S.C.--(BUSINESS WIRE)--Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced results for the fourth quarter ended December 31, 2023.“We took a series of actions in the fourth quarter to put the business back on a more normalized earnings trajectory for 2024, including strong first quarter profits,” said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. “While the fourth quarter actions resulted in a net loss of $7.6 million, our results came in better than our outlook when excluding the impact of these actions. Our quarterly revenue once again reached record levels from a combination of high-quality loan gr
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News
- 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
- Regional Management First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Regional Management Corp. (NYSE: RM) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
RM
Earnings
- 5/1/24 - Beat
RM
Sec Filings
- 5/3/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/30/24 - Form 10-K/A
- RM's page on the SEC website