---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-001614"
form_type: "8-K"
ticker: "RM"
cik: "0001519401"
company_name: "Regional Management Corp."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:42:16.398163+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Regional Management Q4 adj EPS $0.54; declares $0.30 dividend; portfolio grows 19% YoY

## Summary
- GAAP net income $2.4M ($0.25 EPS); adjusted net income $5.0M ($0.54 EPS). Revenue $132.0M, +10.5% YoY.
- Net finance receivables $1.70B, +19.2% YoY; large loans 71.1% of total portfolio.
- 30+ day contractual delinquencies 7.1% as of Dec 31, 2022, down 10bps from Sep 30 but up 10bps from Dec 2019.
- Provision for credit losses $60.8M, +96% YoY; included $11.8M reserve reduction from NPL sale and $9.1M for portfolio growth.
- Board declared $0.30 per share quarterly dividend, payable March 15, 2023 to holders of record Feb 22, 2023.

## SEC filing metadata
- accession: 0001564590-23-001614
- form_type: 8-K
- ticker: RM
- cik: 0001519401
- company_name: Regional Management Corp.
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519401/000156459023001614/0001564590-23-001614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519401/000156459023001614/rm-8k_20230202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-001614
- JSON: https://secwatch.observer/filing/0001564590-23-001614.json
- Plain text: https://secwatch.observer/filing/0001564590-23-001614.txt

## Key facts
- Earnings Releases
  Regional Management Corp. reported financial results for the twelve months ended December 31, 2022.
  - Period: the twelve months ended December 31, 2022
  - Result: reported results
  source text: On February 8, 2023, the Company issued a press release announcing financial results for the three and twelve months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519401/000156459023001614/0001564590-23-001614-index.htm
- Earnings Releases
  Regional Management Corp. reported the fourth quarter ended December 31, 2022 results: revenue $132.0 million, net income $2.4 million, EPS $0.25.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $132.0 million
  - Net income: $2.4 million
  - EPS: $0.25
  - Result: reported results
  source text: were $470.3 million in the fourth quarter of 2022, an increase of $36.0 million, or 8.3%, from the prior-year period. • Total revenue for the fourth quarter of 2022 was $132.0 million, an increase of $12.5 million, or 10.5%, from the prior-year period. - Interest and fee income increased $10.3 million, or 9.6%, primarily due to higher average net finance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519401/000156459023001614/0001564590-23-001614-index.htm
- Material Agreements
  Regional Management Corp. entered into RMR VI Credit Agreement with Regions Bank valued at $75 million revolving warehouse facility (effective 2023-02-02).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Regions Bank
  - Value: $75 million revolving warehouse facility
  - Effective: 2023-02-02
  source text: On February 2, 2023 (the “ Closing Date ”), Regional Management Corp. (the “ Company ”) and its wholly-owned subsidiary, Regional Management Receivables VI, LLC (“ RMR VI ”), entered into a Credit Agreement, dated as of February 2, 2023 (the “ RMR VI Credit Agreement ”), by and among the Company, as servicer (the “ Servicer ”), RMR VI, as borrower (the “ Borrower ”), the lenders and agents from time to time parties thereto, Regions Bank, as administrative agent (the “ Administrative Agent ”), and Computershare Trust Company, N.A., as securities intermediary (the “ Securities Intermediary ”) and backup servicer (the “ Backup Servicer ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519401/000156459023001614/0001564590-23-001614-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.