earnings
confidence high
sentiment positive
materiality 0.75
Regional Management Q4 net income $9.9M, EPS $0.98; record revenue $154.8M
Regional Management Corp.
2024-FY EPS reported
$4.14
revenue$588,503,000
- Net income $9.9M ($0.98 diluted EPS); record revenue $154.8M, up 9.3% YoY.
- Net receivables grew $73M sequentially to $1.9B; net credit loss rate 10.8%, 430 bps better YoY.
- Declared quarterly dividend $0.30/share, payable March 13, 2025 to holders of record Feb 20, 2025.
- Credit agreement amendment reduced interest margin to 2.05% and extended commitment termination to Feb 2027.
- Management expects minimum 10% portfolio growth and meaningful net income improvement in 2025.