secwatch.observer — SEC 8-K summary
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Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001564590-22-036081
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management Q3 net income $10.1M ($1.06 EPS), down 54.7% YoY; declares $0.30 dividend
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- Net income $10.1M, diluted EPS $1.06; declines of 54.7% and 49.8% YoY respectively.
- Net finance receivables hit all-time high $1.61B, up 22.3% YoY; total revenue record $131.5M, up 17.9%.
- Provision for credit losses $48.1M, up 84.2% YoY; 30+ day delinquencies 7.2% (up 100 bps QoQ).
- Quarterly dividend $0.30 per share payable Dec 14, 2022 to holders of record Nov 23, 2022.
- Expanded to California and Louisiana; closed $200M securitization with AAA rating in Oct 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000156459022036081/0001564590-22-036081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000156459022036081/rm-8k_20221101.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-036081

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