earnings
confidence high
sentiment neutral
materiality 0.70
Regional Management Q3 2024 net income $7.7M ($0.76 EPS) with $4.3M hurricane impact
Regional Management Corp.
2024-Q3 EPS reported
$3.16
revenue$433,671,000
- Net income of $7.7M ($0.76 diluted EPS) inclusive of $4.3M ($0.42/share) hurricane impact.
- Record revenue $146.3M (+3.9% YoY) and net receivables $1.82B (+3.9% YoY).
- Net credit loss rate 10.6% (improved 40 bps YoY); 30+ day delinquency 6.9% (improved 40 bps).
- Q4 dividend $0.30/share declared, payable Dec 11, 2024 to holders of record Nov 21.
- Operating expense ratio 13.9% (improved 50 bps YoY); G&A expenses up only 0.6% YoY.