Source-grounded facts extracted from Regional Management Corp.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Regional Management Corp. shareholders approved Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers at the 2026-05-14 meeting.
“The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following final voting results:”
Regional Management Corp. shareholders approved Re-approval of 2024 Long-Term Incentive Plan (as Amended and Restated Effective as of May 14, 2026) at the 2026-05-14 meeting.
“The Company’s stockholders re-approved the Regional Management Corp. 2024 Long-Term Incentive Plan (as Amended and Restated Effective as of May 14, 2026), based on the following final voting results:”
Regional Management Corp. shareholders approved Ratification of Independent Auditor at the 2026-05-14 meeting.
“The Company’s stockholders approved the ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, based on the following final voting results:”
Regional Management Corp. shareholders approved Election of Directors at the 2026-05-14 meeting.
“Election of Directors The Company’s stockholders elected the nine nominees named in the Proxy Statement to serve as members of the Company’s Board of Directors until the next annual meeting of stockholders or until their successors are elected and qualified, based on the following final voting results:”
Regional Management Corp. amended Fourth Amendment to Credit Agreement and Consent with Regions Bank, as administrative agent and securities intermediary (effective 2026-04-28).
“On April 28, 2026, the Company and its wholly-owned subsidiary, Regional Management Receivables VI, LLC (“ RMR VI ”), entered into the Fourth Amendment to Credit Agreement and Consent, dated as of April 28, 2026 (the “ RMR VI Amendment ”), by and among the Company, as servicer, RMR VI, as borrower, the lenders parties thereto, and Regions Bank, as administrative agent and securities intermediary, and Computershare Trust Company, N.A. as resigning securities intermediary.”
Regional Management Corp. amended Amendment No. 8 to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent (effective 2026-04-28).
“On April 28, 2026, the Company and its wholly-owned subsidiary, Regional Management Receivables V, LLC (“ RMR V ”), entered into the Amendment No. 8 to Credit Agreement, dated as of April 28, 2026 (the “ RMR V Amendment ”), by and among the Company, as servicer, RMR V, as borrower, the lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Computershare Trust Company, National Association, as successor by merger to Wells Fargo, acting through its Corporate Trust Services division, including its successors and permitted assigns, as account bank, securities intermediary, and backup servicer.”
Regional Management Corp. amended Amendment No. 8 to the Credit Agreement with Wells Fargo Bank, National Association, as administrative agent (effective 2026-04-28).
“On April 28, 2026, the Company and its wholly-owned subsidiary, Regional Management Receivables IV, LLC (“ RMR IV ”), entered into the Amendment No. 8 to the Credit Agreement, dated as of April 28, 2026 (the “ RMR IV Amendment ”), by and among the Company, as servicer, RMR IV, as borrower, the lenders party thereto, Wells Fargo Bank, National Association (“ Wells Fargo ”), as administrative agent, and Computershare Trust Company, N.A. (as successor to Wells Fargo), acting through its Corporate Trust Services division, as account bank and backup servicer.”
Regional Management Corp. amended First Amendment to the Loan and Security Agreement with Bank of Montreal, as agent (effective 2026-04-28).
“On April 28, 2026, Regional Management Corp. (the “ Company ”) and certain of its subsidiaries entered into the First Amendment to the Loan and Security Agreement (the “ First Amendment ”), by and among the Company and its subsidiaries named as borrowers therein (collectively with the Company, the “ Revolving Borrowers ”), the financial institutions named as lenders therein (the “ Revolving Lenders ”), and Bank of Montreal, as agent (the “ Senior Revolving Agent ”).”
Regional Management Corp. reported first quarter ended March 31, 2026 results: revenue $167.3 million, net income $11.4 million, EPS $1.18.
“or 5.9%, from the prior-year period and represented 24.4% of the total loan portfolio, compared to 28.8% in the prior-year period. • Record first quarter total revenue of $167.3 million, an increase of $14.3 million, or 9.4%, from the prior-year period, primarily due to growth in average net finance receivables. o Total revenue yield (annualized total revenue as”
Regional Management Corp. entered into Program Management Agreement with Column National Association valued at Initial term ending March 31, 2031; automatic renewal for successive two-year terms (effective 2026-03-02).
“On March 2, 2026, Regional Management Corp. (the “ Company ”) and Column National Association, a national banking association (“ Column ”), entered into a Program Management Agreement (the “ PMA ”) to create a new lending program under which Column will serve as the lender of secured and unsecured installment lending products in select states.”
Regional Management Corp. incurred revolving credit of up to $355.0 million with BMO Harris Financing, Inc., Banc of California, Texas Capital Bank, EverBank, N.A., and First Horizon Bank, with Bank of Montreal ("BMO"), as agent at one-month SOFR, with a SOFR floor of 0.50%, plus a margin of 2.75% maturing August 19, 2028.
“N.A., and First Horizon Bank, with Bank of Montreal (“ BMO ”), as agent. The key aspects of the Loan Agreement are as follows: (i) a senior revolving credit facility of up to $355.0 million, with an accordion provision allowing for expansion to $420.0 million; (ii) maximum leverage under the Loan Agreement increased from 5.25x in the Prior Loan Agreement (as defined”
Regional Management Corp. incurred senior notes of $265 million with Wells Fargo Securities, LLC, BMO Capital Markets Corp., J.P. Morgan Securities LLC, Regions Securities LLC at 4.99% (Class A) 5.53% (Class B) 5.73% (Class C) 6.58% (Class D) maturing April 17, 2034.
“On March 31, 2025 (the " Closing Date "), Regional Management Corp. (the " Company ") completed a private offering and sale of $265 million principal amount of asset-backed notes (the " 2025-1 Securitization ").”
Julie Booth was appointed as Director at Regional Management Corp..
“the Board increased the size of the Board from eight members to nine members and appointed Julie Booth as a new member of the Board, effective immediately.”
Regional Management Corp. reported the first quarter ended March 31, 2024 results: revenue $144.3 million, net income $15.2 million, EPS $1.56.
“First Quarter 2024 Highlights • Net income for the first quarter of 2024 was $15.2 million and diluted earnings per share was $1.56, up 73% from $0.90 in the prior-year period. • Net finance receivables as of March 31, 2024 were $1.7 billion, an increase of $68.1 million, or 4.1%, from the prior-year period. - Large loan net finance receivables of $1.3 billion increased $38.8 million, or 3.2%, from the prior-year period and represented 71.7% of the total loan portfolio, compared to 72.3% in the prior-year period. - Small loan net finance receivables were $490.8 million, an increase of 7.6% from the prior-year period. - Total loan originations were $326.4 million in the first quarter of 2024, an increase of $23.2 million, or 7.6%, from the prior-year period, due to controlled growth from credit-tightening actions. • Total revenue for the first quarter of 2024 was $144.3 million, an increase of $8.9 million, or 6.6%, from the prior-year period, primarily due to an increase in interest an”
Regional Management Corp. amended First Amendment to Credit Agreement and Consent with Regions Bank, as administrative agent (effective 2024-03-29).
“On March 29, 2024, the Company and its wholly-owned subsidiary, Regional Management Receivables VI, LLC (“ RMR VI ”), entered into the First Amendment to Credit Agreement and Consent, dated as of March 29, 2024 (the “ RMR VI Amendment ”), by and among the Company, as servicer, RMR VI, as borrower, the lenders parties thereto, and Regions Bank, as administrative agent.”
Regional Management Corp. amended Amendment No. 5 to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and Wells Fargo, acting through its Corporate Trust Services division, as account bank and backup servicer (effective 2024-03-29).
“On March 29, 2024, the Company and its wholly-owned subsidiary, Regional Management Receivables V, LLC (“ RMR V ”), entered into the Amendment No. 5 to Credit Agreement, dated as of March 29, 2024 (the “ RMR V Amendment ”), by and among the Company, as servicer, RMR V, as borrower, the lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as administrative agent and Wells Fargo, acting through its Corporate Trust Services division, including its successors and permitted assigns, as account bank and backup servicer.”
Regional Management Corp. amended Omnibus Amendment to Credit Agreement and Account Control Agreement and Consent with Wells Fargo Bank, National Association, as administrative agent, and Computershare Trust Company, N.A., as account bank and backup servicer (effective 2024-03-29).
“On March 29, 2024, Regional Management Corp. (the “ Company ”) and its wholly-owned subsidiary, Regional Management Receivables IV, LLC (“ RMR IV ”), entered into the Omnibus Amendment to Credit Agreement and Account Control Agreement and Consent, dated as of March 29, 2024 (the “ RMR IV Amendment ”), by and among the Company, as servicer, RMR IV, as borrower, the lenders party thereto, Wells Fargo Bank, National Association, a national banking association (“ Wells Fargo ”), as administrative agent, and Computershare Trust Company, N.A., a national banking association (as successor to Wells Fargo), acting through its Corporate Trust Services division, as account bank and backup servicer.”
Regional Management Corp. reported financial results for the three and twelve months ended December 31, 2023.
“On February 7, 2024, the Company issued a press release announcing financial results for the three and twelve months ended December 31, 2023.”
Regional Management Corp. reported the fourth quarter ended December 31, 2023 results: revenue $141.7 million, net income Net loss of $7.6 million, EPS $0.80.
“of $62.5 million, or 13.3%, from the prior-year period, due to controlled growth from credit-tightening actions. • Total revenue for the fourth quarter of 2023 was a record $141.7 million, an increase of $9.6 million, or 7.3%, from the prior-year period, primarily due to an increase in interest and fee income of $8.8 million related to higher average net finance”
Regional Management Corp. amended Eighth Amendment to the Seventh Amended and Restated Loan and Security Agreement with Wells Fargo Bank, National Association valued at amendment includes extension of maturity date to September 20, 2025, increase in consolidated funded (effective 2024-02-05).
“On February 5, 2024, Regional Management Corp. (the “ Company ”) and certain of its subsidiaries entered into the Eighth Amendment to the Seventh Amended and Restated Loan and Security Agreement (the “ Eighth Amendment ”), among the Company and its subsidiaries named as borrowers therein (collectively with the Company, the “ Revolving Borrowers ”), the financial institutions named as lenders therein (the “ Revolving Lenders ”), and Wells Fargo Bank, National Association, as agent (the “ Revolving Agent ”).”
John D. Schachtel departed as Executive Vice President and Chief Operating Officer at Regional Management Corp..
“On December 31, 2023, the employment of John D. Schachtel, Executive Vice President and Chief Operating Officer of Regional Management Corp. (the “ Company ”), was terminated without cause, effective immediately.”
Regional Management Corp. reported the third quarter ended September 30, 2023 results: revenue $140.9 million, net income $8.8 million, EPS $0.91.
“of net income and $0.91 of diluted EPS. Strong loan demand and our conservative underwriting criteria led to high-quality portfolio growth of $62 million, record revenue of $141 million, and a sequential increase in revenue yields of 80 basis points. We also continued to manage our expenses closely while furthering our strategic initiatives, driving a 50 basis”
Regional Management Corp. reported second quarter 2023 results: revenue $133.5 million, net income $6.0 million, EPS $0.63.
“Second Quarter 2023 Highlights • Net income for the second quarter of 2023 was $6.0 million and diluted earnings per share was $0.63. • Net finance receivables as of June 30, 2023 were $1.7 billion, an increase of $163.3 million, or 10.7%, from the prior-year period. - Large loan net finance receivables of $1.2 billion increased $178.5 million, or 16.8%, from the prior-year period and represented 73.3% of the total loan portfolio, compared to 69.4% in the prior-year period. - Small loan net finance receivables were $444.6 million, a decrease of 2.3% from the prior-year period. - Total loan originations were $399.0 million in the second quarter of 2023, a decrease of $27.3 million, or 6.4%, from the prior-year period. • Total revenue for the second quarter of 2023 was $133.5 million, an increase of $10.6 million, or 8.6%, from the prior-year period.”
Regional Management Corp. shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers at the 2023-05-18 meeting.
“The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following final voting results:”
Regional Management Corp. shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-18 meeting.
“The Company’s stockholders approved the ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, based on the following final voting results:”
Regional Management Corp. shareholders approved Election of nine directors named in the proxy statement at the 2023-05-18 meeting.
“The Company’s stockholders elected the nine nominees named in the Proxy Statement to serve as members of the Company’s Board of Directors until the next annual meeting of stockholders or until their successors are elected and qualified, based on the following final voting results:”
Regional Management Corp. amended Amendment No. 5 to the Credit Agreement with Wells Fargo Bank, National Association valued at 2.80% per annum (effective 2023-05-15).
“Regional Management Corp. (the “ Company ”) and its wholly-owned subsidiary, Regional Management Receivables IV, LLC (“ RMR IV ”), entered into the Amendment No. 5 to the Credit Agreement, dated as of May 15, 2023 (the “ RMR IV Amendment ”), by and among the Company, as servicer, RMR IV, as borrower, the lenders and agents party thereto, Wells Fargo Bank, National Association, (“ Wells Fargo ”), as administrative agent (the “ Administrative Agent ”), and Wells Fargo, acting through its Corporate Trust Services division, as account bank and backup servicer.”
Regional Management Corp. reported first quarter ended March 31, 2023 results: revenue $135.4 million, net income $8.7 million, EPS $0.90 per diluted share.
“were $303.2 million in the first quarter of 2023, a decrease of $22.8 million, or 7.0%, from the prior-year period. • Total revenue for the first quarter of 2023 was $135.4 million, an increase of $14.5 million, or 12.0%, from the prior-year period. - Interest and fee income increased $12.8 million, or 11.9%, primarily due to higher average net finance”
Regional Management Corp. reported fourth quarter ended December 31, 2022 results: revenue $132.0 million, net income $2.4 million, EPS $0.25.
“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”
Regional Management Corp. entered into RMR VI Credit Agreement with Regions Bank, as administrative agent; Computershare Trust Company, N.A., as securities intermediary and backup servicer valued at $75 million (effective 2023-02-02).
“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 ”).”
Regional Management Corp. reported financial results for the twelve months ended December 31, 2022.
“On February 8, 2023, the Company issued a press release announcing financial results for the three and twelve months ended December 31, 2022.”
Regional Management Corp. reported the fourth quarter ended December 31, 2022 results: revenue $132.0 million, net income $2.4 million, EPS $0.25.
“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”
Regional Management Corp. entered into RMR VI Credit Agreement with Regions Bank valued at $75 million revolving warehouse facility (effective 2023-02-02).
“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 ”).”
Regional Management Corp. amended Letter Agreement with Basswood Capital Management, L.L.C. (effective 2022-11-28).
“On November 28, 2022, the Company entered into a letter agreement (the “ Letter Agreement ”) with Basswood Capital Management, L.L.C. (“ Basswood ”) that amends the Cooperation Agreement, dated as of January 26, 2018, by and between Basswood and the Company (the “ Cooperation Agreement ”).”
Regional Management Corp. amended RMR V Amendment with JPMorgan Chase Bank, N.A., as administrative agent (effective 2022-11-22).
“On November 22, 2022, the Company and its wholly-owned subsidiary, Regional Management Receivables V, LLC (“ RMR V ”), entered into the Amendment No. 4 to Credit Agreement (the “ RMR V Amendment ”), by and among the Company, as servicer, RMR V, as borrower, the lenders parties thereto, JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent ”), and Wells Fargo Bank, National Association, acting through its corporate trust services division, as account bank and backup servicer (the “ Account Bank ” and “ Backup Servicer ”).”
Regional Management Corp. amended Sixth Amendment with Wells Fargo Bank, National Association, as agent valued at $420 million (effective 2022-11-22).
“The Sixth Amendment amends the Loan Agreement to, among other things, (i) remove Axos Bank as a lender and reduce the commitments of the remaining lenders under the credit facility to $420 million”
Regional Management Corp. reported financial results for the three and nine months ended September 30, 2022.
“On November 1, 2022, Regional Management Corp. (the " Company ") issued a press release announcing financial results for the three and nine months ended September 30, 2022.”
Philip V. Bancroft was appointed as Director at Regional Management Corp..
“the Board increased the size of the Board from eight members to nine members and appointed Philip V. Bancroft as a new member of the Board, effective immediately.”
Philip V. Bancroft was appointed as Director at Regional Management Corp..
“On January 19, 2022, upon recommendation by the Corporate Governance and Nominating Committee of the Board of Directors (the “ Board ”) of Regional Management Corp. (the “ Company ”), the Board increased the size of the Board from eight members to nine members and appointed Philip V. Bancroft as a new member of the Board, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.