Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
Regional Management Corp. reported the fourth quarter ended December 31, 2023 results: revenue $141.7 million, net income Net loss of $7.6 million, EPS $0.80.
- Period
- the fourth quarter ended December 31, 2023
- Revenue
- $141.7 million
- Net income
- Net loss of $7.6 million
- EPS
- $0.80
- Result
- reported results
Exact text from the filing
of $62.5 million, or 13.3%, from the prior-year period, due to controlled growth from credit-tightening actions. • Total revenue for the fourth quarter of 2023 was a record $141.7 million, an increase of $9.6 million, or 7.3%, from the prior-year period, primarily due to an increase in interest and fee income of $8.8 million related to higher average net finance
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Regional Management Corp. reported financial results for the three and twelve months ended December 31, 2023.
- Period
- the three and twelve months ended December 31, 2023
- Result
- reported results
Exact text from the filing
On February 7, 2024, the Company issued a press release announcing financial results for the three and twelve months ended December 31, 2023.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Regional Management Corp. amended Eighth Amendment to the Seventh Amended and Restated Loan and Security Agreement with Wells Fargo Bank, National Association valued at amendment includes extension of maturity date to September 20, 2025, increase in consolidated funded (effective 2024-02-05).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association
- Value
- amendment includes extension of maturity date to September 20, 2025, increase in consolidated funded
- Effective
- 2024-02-05
Exact text from the filing
On February 5, 2024, Regional Management Corp. (the “ Company ”) and certain of its subsidiaries entered into the Eighth Amendment to the Seventh Amended and Restated Loan and Security Agreement (the “ Eighth Amendment ”), among the Company and its subsidiaries named as borrowers therein (collectively with the Company, the “ Revolving Borrowers ”), the financial institutions named as lenders therein (the “ Revolving Lenders ”), and Wells Fargo Bank, National Association, as agent (the “ Revolving Agent ”).
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