secwatch.observer — SEC 8-K summary
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Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057488
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management Q3 net income $8.8M ($0.91 EPS); revenue $140.9M +7.2% YoY
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- Diluted EPS $0.91, net income $8.8M; total revenue $140.9M, up 7.2% vs prior year.
- Net finance receivables $1.8B, up 8.9% YoY; large loan portfolio grew 13.9%.
- Provision for credit losses $50.9M (+5.9% YoY); annualized net credit losses 11.0% vs 9.1%.
- 30+ day contractual delinquency 7.3%, up 10 bps YoY; allowance for credit losses $184.9M.
- Board declared $0.30/share quarterly dividend, payable Dec 13, 2023 to holders of record Nov 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000095017023057488/0000950170-23-057488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000095017023057488/rm-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057488

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