secwatch.observer — SEC 8-K summary
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Issuer:     Regional Management Corp. (RM)
CIK:        0001519401
Form:       8-K/A
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001564590-23-001731
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Management Q4 net income $2.4M, adjusted EPS $0.54; enters $75M warehouse facility
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- Net income of $2.4M ($0.25 diluted EPS); adjusted net income $5.0M ($0.54 adjusted diluted EPS).
- Total revenue $132.0M, up 10.5% YoY; provision for credit losses $60.8M, up 96% YoY.
- 30+ day delinquencies 7.1% of net finance receivables; annualized net credit losses 15.0% (320 bps from loan sale).
- Entered $75M revolving warehouse facility with Regions Bank; margin 2.50%, step-up 0.00% during revolving period, maturity ~Feb 2026.
- Quarterly dividend $0.30/share declared, payable Mar 15, 2023 to holders of record Feb 22, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519401/000156459023001731/0001564590-23-001731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519401/000156459023001731/rm-8ka_20230202.htm
  HTML page:      https://secwatch.observer/filing/0001564590-23-001731

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