Regional Management Corp.
Built from real-time financials, refreshed daily. For a full Analyst Grade with bull/bear case, price targets, and qualitative risk analysis, generate a RM research report →
Price Chart
About the company
Regional Management Corp. (RMC) functions as a broad-based financial services provider, concentrating on offering consumer installment loans. Its primary focus is on serving individuals across the United States who face challenges in securing credit through conventional channels such as banks, savings institutions, and credit card companies.
- CEO
- Lakhbir S. Lamba
- IPO
- 2012
- Employees
- 2,112
- HQ
- Greer, SC, US
Get TickerSpark's AI analysis on RM
Create an account to generate AI analysis on any ticker — technical setup, analyst consensus, earnings watch, insider pulse, financial health, and peer context. Ready in about a minute.
Get Pro Access →Already have an account? Log in
Similar companies
Peers in the same neighborhood.
- Market Cap
- $312.34M
- P/E
- 6.67
- Fwd P/E
- 6.86
- PEG
- 0.17
- P/S
- 0.46
- P/B
- 0.79
- EV/EBITDA
- 13.69
- Div Yield
- 3.61%
- Gross Margin
- 75.65%
- Op Margin
- 19.24%
- Net Margin
- 6.98%
- ROE
- 12.49%
- ROIC
- 4.76%
Latest fiscal year · YoY change
- Revenue
- $645.57M+9.7%
- Gross Profit
- $337.93M+12.0%
- Op Income
- $80.36M
- Net Income
- $44.41M+7.7%
- EPS
- $4.63+8.2%
- OCF Growth
- +14.9%
- FCF Growth
- +10.7%
- 52W High
- $44.30
- 52W Low
- $29.89
- 50D MA
- $32.50
- 200D MA
- $35.71
- Beta
- 1.01
- RSI (14)
- 58
- Avg Volume
- 88.60K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Regional Management delivered solid Q2 revenue and EPS growth, but lowered full-year growth guidance after slower-than-expected originations and tighter underwriting in higher-risk segments.· July 29, 2026
- Q2 net income was $8.2 million and diluted EPS was $0.85; revenue was $168 million, up 7% year over year.
- Auto-secured receivables grew 32% year over year and now make up 15% of the portfolio, with 30-plus day delinquency at just 2%.
- Originations were $504 million, down 1.3% year over year, as management tightened underwriting and faced more competition for new borrowers.
- Full-year guidance was cut to diluted EPS growth of 10% to 13% and portfolio growth of 5% to 7%.
- Management kept emphasizing bank partnership, digital lending, fraud controls, and AI as the main longer-term growth levers.
Second-quarter net income was $8.2 million, or $0.85 per diluted share. Revenue was $168 million, up 6.7% year over year, while the operating expense ratio improved 80 basis points to 12.4%. Ending net finance receivables were $2.1 billion, up 9.6% year over year; originations were $504 million, down 1.3% year over year; total revenue yield was 31.8%, down 110 basis points year over year; 30-plus day delinquencies were 7.0%, up 40 basis points year over year; and net credit losses were 12.2%, up 30 basis points year over year. Full-year guidance was revised to diluted EPS growth of 10% to 13%, portfolio growth of 5% to 7%, and net income growth of 6% to 9%. Management still expects third- and fourth-quarter earnings to be sequentially stronger, with fourth-quarter net income above third quarter.
Lakhbir Lamba said the quarter showed strong underlying franchise performance, but the company is deliberately prioritizing a stronger operating foundation over near-term volume. He framed the reset as a choice to grow profitably, tighten underwriting where returns were not acceptable, and invest more aggressively in bank partnership, digital lending, technology, and AI. His tone was confident but cautious on the consumer and macro backdrop, repeatedly stressing discipline and long-term value creation.
Harp Rana said the quarter benefited from portfolio and revenue growth plus operating leverage, but was offset by a higher provision for credit losses tied to growth and a net credit loss rate modestly above forecast. He highlighted an allowance for credit losses increase of $4.5 million, an allowance rate of 10.4%, interest expense of $23 million, a cost of funds of 4.4%, and $442 million of unused capacity with $128 million of available liquidity; fixed-rate debt represented 80% of total debt at a weighted average coupon of 4.8%. He also said the company repurchased about 136,000 shares at $36.68 and paid a $0.30 dividend for the third quarter, while warning funding costs should tick up to 4.5% in Q3 as older low-cost debt rolls off.
Analysts focused on what drove the lower growth outlook: management pointed to weaker direct-mail response rates, more competition from fintechs in personal lending, tighter underwriting in certain risk segments, and enhanced fraud controls that intentionally slowed some originations. Questions also centered on Column bank partnership and whether it would hurt near-term results; management said the program is already contributing to guidance, early delinquency and economics look promising, and it should ultimately add about 200 basis points of pre-tax margin on like-for-like loans. They also clarified that the bank partnership should help expand small-loan originations and improve the feeder pipeline for larger loans over time.
The company said early results from the bank partnership are encouraging, with more than $65 million of originations since launch and roughly 28% of total originations now on a run-rate basis. Management expects nearly all states to be on the bank partnership model by the end of 2027, calling it transformative for operations and returns. Auto-secured growth, improved operating leverage, and stronger fraud controls were also presented as signs the platform can improve both growth quality and credit performance.
Near-term growth is clearly slowing: originations fell 1.3% year over year, management lowered full-year portfolio guidance, and it said the quarter missed growth expectations. Credit metrics were mixed, with net credit losses at 12.2% and delinquencies up 40 basis points year over year, while management still sees pressure from competitive new-borrower acquisition and elevated gas prices. The benefits from bank partnership and digital lending are still early, and management acknowledged it may take time before those initiatives fully offset the current slowdown.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 89.8%
- Shares Outstanding
- 9.21M
- Float Shares
- 8.27M
of shares held by institutions
126 13F filers
Buy/sell ratio 1.29. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Blackrock, Inc. | 1.15M | ▲ 16.79K |
| Forager Capital Management, LLC | 948.46K | ▼ 70.81K |
| Basswood Capital Management, L.L.C. | 855.42K | ▲ 34.75K |
| Dimensional Fund Advisors LP | 690.61K | ▼ 1.42K |
| Vanguard Group Inc | 459.35K | ▲ 1.91K |
| Lsv Asset Management | 341.63K | ▼ 1.60K |
| Vanguard Capital Management LLC | 335.59K | ▼ 9.25K |
| Tieton Capital Management, LLC | 318.26K | ▼ 1.97K |
| American Century Companies Inc | 289.16K | ▲ 28.29K |
| Geode Capital Management, LLC | 225.10K | ▲ 12.52K |
| Renaissance Technologies LLC | 185.54K | ▼ 37.69K |
| State Street Corp | 173.24K | ▼ 744 |
Held by 169 ETFs
Biggest fund positions in RM by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Sep 15, 26 | Forager Fund, L.P. | sell | 9,857 |
| Sep 16, 26 | Forager Fund, L.P. | sell | 9,064 |
| Sep 17, 26 | Forager Fund, L.P. | sell | 10,401 |
| Sep 2, 26 | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | other | 23,764 |
| Sep 1, 26 | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | other | 4,064 |
| Sep 1, 26 | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | sell | 1,159 |
| Aug 24, 26 | Atwood Catherine R | sell | 200 |
| Aug 12, 26 | Lamba Lakhbir S. | buy | 3,500 |
| Aug 11, 26 | Lamba Lakhbir S. | buy | 6,500 |
| Aug 3, 26 | Barnette Steven B | other | 4,393 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our RM coverage
Recent articles, reports, and earnings notes.
No research on RM yet
For a full analyst-grade research report — grades, price targets, financials, chart analysis — generate one on demand.
Generate RM report →Regional Management Corp. to Report Third Quarter 2026 Results on Wednesday, October 28, 2026
businesswire.com · Oct 1
Roxmore Resources Reports Strong Exploration Drill Results and Expanded Resource Potential from the Converse Gold Project in Nevada
newsfilecorp.com · Sep 17
Roxmore Resources Provides Update on Development Activities at the Converse Gold Project in Nevada
newsfilecorp.com · Sep 9
Yirendai (NYSE:YRD) & Regional Management (NYSE:RM) Critical Survey
defenseworld.net · Sep 9
Roxmore Resources Reports Additional Drill Results from the Converse Gold Project in Nevada
newsfilecorp.com · Sep 1
United Therapeutics Presents Data at The European Society of Cardiology Congress 2026 and The European Respiratory Society International Congress 2026
gurufocus.com · Aug 28
Regional Management Q2 Earnings Call Highlights
marketbeat.com · Jul 30
Regional Management Corp. (RM) Q2 2026 Earnings Call Transcript
seekingalpha.com · Jul 29
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.