secwatch.observer — SEC 8-K summary
======================================

Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-017224
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management Q1 net income $8.7M ($0.90 EPS); revenue up 12% to $135.4M; declares $0.30 dividend
--------------------------------------------------------------------------------

- Net income of $8.7M and diluted EPS of $0.90 for Q1 2023.
- Total revenue $135.4M, up 12.0% YoY on higher interest and fee income.
- Provision for credit losses $47.7M, up 54.5% YoY; annualized net credit losses 10.1% vs 8.7%.
- 30+ day contractual delinquencies at 7.2% of net finance receivables, up 10 bps from year-end.
- Board declared $0.30/share quarterly dividend, payable June 14, 2023 to holders of record May 24.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000095017023017224/0000950170-23-017224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000095017023017224/rm-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017224

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer