secwatch.observer — SEC 8-K summary
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Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000950170-24-012223
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 1.01, 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management posts Q4 net loss of $7.6M; CFPB gains supervisory authority
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- Net loss of $7.6M ($0.80 diluted EPS) includes $12.6M impact from restructuring, loan sale, and reserve build.
- Total revenue of $141.7M, up 7.3% YoY; net receivables of $1.8B.
- 30+ day delinquency 6.9%, improved 20 bps YoY; net credit losses 15.1% annualized.
- Declared quarterly dividend $0.30/share, payable March 14, 2024.
- Consented to CFPB supervisory authority for two years ending Jan 8, 2026; no admission of wrongdoing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000095017024012223/0000950170-24-012223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000095017024012223/rm-20240205.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-012223

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