• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Regional Management Corp. Completes $265 Million Asset-Backed Securitization

    4/2/25 4:20:00 PM ET
    $RM
    Finance: Consumer Services
    Finance
    Get the next $RM alert in real time by email

    Regional Management Corp. (NYSE:RM), a diversified consumer finance company, announced today that it has completed a $265 million asset-backed securitization, marking its 12th successful securitization.

    The Regional Management Issuance Trust 2025-1 (RMIT 2025-1) notes were issued at a weighted-average coupon of 5.30% (a 5 bp improvement over the prior RMIT 2024-2 issued notes), secured by $298 million of receivables, with a 2-year revolving period. The Class A notes of the securitization received a top rating of "AAA" from Standard & Poor's and Morningstar DBRS. The company used a portion of the proceeds from the RMIT 2025-1 securitization to pay down variable rate debt facilities, as well as fully pay off notes from its RMIT 2020-1 securitization.

    "This transaction is a testament to our ability to execute in challenging markets and further demonstrates the strength of Regional and our securitization platform," said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. "The securitization further enhances our balance sheet and continues to moderate our exposure to interest rate risk. As of the transaction's closing, our fixed-rate debt as a percentage of total debt was approximately 91%, with a weighted-average coupon of 4.4% and a weighted-average revolving duration of 1.3 years. We remain well-positioned to deliver on our long-term strategy via disciplined portfolio growth, driving sustainable returns and creating additional value for our shareholders."

    The transaction was a private offering of securities, not registered under the Securities Act of 1933, or any state securities law. All of such securities having been sold, this announcement of their sale appears as a matter of record only.

    About Regional Management Corp.

    Regional Management Corp. (NYSE:RM) is a diversified consumer finance company that provides attractive, easy-to-understand installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. Regional Management operates under the name "Regional Finance" online and in branch locations in 19 states across the United States. Most of its loan products are secured, and each is structured on a fixed-rate, fixed-term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty. Regional Management sources loans through its multiple channel platform, which includes branches, centrally managed direct mail campaigns, digital partners, and its consumer website. For more information, please visit www.RegionalManagement.com.

    Forward-Looking Statements

    This press release may contain various "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact but instead represent Regional Management Corp.'s expectations or beliefs concerning future events. Forward-looking statements include, without limitation, statements concerning financial outlooks or future plans, objectives, goals, projections, strategies, events, or performance, and underlying assumptions and other statements related thereto. Words such as "may," "will," "should," "likely," "anticipates," "expects," "intends," "plans," "projects," "believes," "estimates," "outlook," and similar expressions may be used to identify these forward-looking statements. Such forward-looking statements speak only as of the date on which they were made and are about matters that are inherently subject to risks and uncertainties, many of which are outside of the control of Regional Management. As a result, actual performance and results may differ materially from those contemplated by these forward-looking statements. Therefore, investors should not place undue reliance on forward-looking statements.

    Factors that could cause actual results or performance to differ from the expectations expressed or implied in forward-looking statements include, but are not limited to, the following: managing growth effectively, implementing Regional Management's growth strategy, and opening new branches as planned; Regional Management's convenience check strategy; Regional Management's policies and procedures for underwriting, processing, and servicing loans; Regional Management's ability to collect on its loan portfolio; Regional Management's insurance operations; exposure to credit risk and repayment risk, which risks may increase in light of adverse or recessionary economic conditions; the implementation of evolving underwriting models and processes, including as to the effectiveness of Regional Management's custom scorecards; changes in the competitive environment in which Regional Management operates or a decrease in the demand for its products; the geographic concentration of Regional Management's loan portfolio; the failure of third-party service providers, including those providing information technology products; changes in economic conditions in the markets Regional Management serves, including levels of unemployment and bankruptcies; the ability to achieve successful acquisitions and strategic alliances; the ability to make technological improvements as quickly as competitors; security breaches, cyber-attacks, failures in information systems, or fraudulent activity; the ability to originate loans; reliance on information technology resources and providers, including the risk of prolonged system outages; changes in current revenue and expense trends, including trends affecting delinquencies and credit losses; any future public health crises, including the impact of such crisis on our operations and financial condition; changes in operating and administrative expenses; the departure, transition, or replacement of key personnel; the ability to timely and effectively implement, transition to, and maintain the necessary information technology systems, infrastructure, processes, and controls to support Regional Management's operations and initiatives; changes in interest rates; existing sources of liquidity may become insufficient or access to these sources may become unexpectedly restricted; exposure to financial risk due to asset-backed securitization transactions; risks related to regulation and legal proceedings, including changes in laws or regulations or in the interpretation or enforcement of laws or regulations; changes in accounting standards, rules, and interpretations and the failure of related assumptions and estimates; the impact of changes in tax laws and guidance, including the timing and amount of revenues that may be recognized; risks related to the ownership of Regional Management's common stock, including volatility in the market price of shares of Regional Management's common stock; the timing and amount of future cash dividend payments; and anti-takeover provisions in Regional Management's charter documents and applicable state law.

    The foregoing factors and others are discussed in greater detail in Regional Management's filings with the Securities and Exchange Commission. Regional Management will not update or revise forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events or the non-occurrence of anticipated events, whether as a result of new information, future developments, or otherwise, except as required by law. Regional Management is not responsible for changes made to this document by wire services or Internet services.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20250401909078/en/

    Investor Relations

    Garrett Edson, (203) 682-8331

    [email protected]

    Get the next $RM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $RM

    DatePrice TargetRatingAnalyst
    11/13/2024$38.00Overweight
    Stephens
    6/7/2024Neutral
    BTIG Research
    9/29/2021Market Outperform → Market Perform
    JMP Securities
    7/19/2021$45.00 → $50.00Market Outperform
    JMP Securities
    More analyst ratings

    $RM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Regional Management Corp. Announces First Quarter 2025 Results

      - Net income of $7.0 million and diluted earnings per share of $0.70 - - Record first quarter originations were up 20.2% from prior year, contributing to $146 million, or 8.4%, of year-over-year portfolio growth - - Record first quarter revenue was up 6.0% year-over-year, or 7.4% on an adjusted basis - - Improving credit performance, with 30+ day contractual delinquency rate of 7.1%, down 60 basis points sequentially - Regional Management Corp. (NYSE:RM), a diversified consumer finance company, today announced results for the first quarter ended March 31, 2025. "We are very pleased with how we have begun the new year," said Robert W. Beck, President and Chief Executive Officer of Regio

      4/30/25 4:15:00 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Regional Management Corp. Completes $265 Million Asset-Backed Securitization

      Regional Management Corp. (NYSE:RM), a diversified consumer finance company, announced today that it has completed a $265 million asset-backed securitization, marking its 12th successful securitization. The Regional Management Issuance Trust 2025-1 (RMIT 2025-1) notes were issued at a weighted-average coupon of 5.30% (a 5 bp improvement over the prior RMIT 2024-2 issued notes), secured by $298 million of receivables, with a 2-year revolving period. The Class A notes of the securitization received a top rating of "AAA" from Standard & Poor's and Morningstar DBRS. The company used a portion of the proceeds from the RMIT 2025-1 securitization to pay down variable rate debt facilities, as well

      4/2/25 4:20:00 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Regional Management Corp. to Report First Quarter 2025 Results on Wednesday, April 30, 2025

      Regional Management Corp. (NYSE:RM), a diversified consumer finance company, announced today that it will report its first quarter 2025 results after the market closes on Wednesday, April 30, 2025. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management's website at www.RegionalManagement.com. The dial-in number for the conference call is (877) 407-0752 (toll-free) or (201) 389-0912 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at http://www.RegionalManagement.com for one year following the call.

      4/2/25 4:15:00 PM ET
      $RM
      Finance: Consumer Services
      Finance

    $RM
    Leadership Updates

    Live Leadership Updates

    See more
    • Regional Management Corp. Appoints Julie Booth to Its Board of Directors

      Regional Management Corp. (NYSE:RM), a diversified consumer finance company, today announced the appointment of Julie Booth to its Board of Directors, effective immediately. Ms. Booth most recently served as Chief Financial Officer and Treasurer of Rocket Companies (NYSE:RKT) ("Rocket"), the Detroit-based fintech platform company with mortgage, real estate, and personal finance businesses. Ms. Booth's appointment increases the size of Regional Management's Board of Directors from eight directors to nine directors. Ms. Booth will serve as a member of the Audit Committee of Regional Management's Board of Directors. "We are excited to welcome Julie to our Board," said Maria Contreras-Sweet,

      3/13/25 4:15:00 PM ET
      $RKT
      $RM
      Finance: Consumer Services
      Finance
    • Polished.com Announces Management Transition

      Appoints Rick Bunka, Who Possesses Extensive Retail and E-Commerce Experience, as Interim CEO, and Bob Barry, Who Brings Institutional Knowledge and Strong Finance Expertise, as Interim CFO Highlights Company's Track Record of Profitable Growth and Strong Go-Forward Positioning in the Household Appliances Market Polished.com Inc. (NYSE:POL) (formerly known as 1847 Goedeker Inc.) ("Polished" or the "Company"), a content driven and technology enabled shopping destination for appliances, furniture and home goods in the U.S. household appliances market, today announced the appointments of John "Rick" Bunka as interim Chief Executive Officer ("CEO") and Robert "Bob" Barry as interim Chief Fina

      10/14/22 4:30:00 PM ET
      $POL
      $RM
      Home Furnishings
      Consumer Discretionary
      Finance: Consumer Services
      Finance
    • Regional Management Corp. Appoints Philip Bancroft to Board of Directors

      Regional Management Corp. (NYSE:RM), a diversified consumer finance company, today announced the appointment of Philip Bancroft to its Board of Directors, effective immediately. Mr. Bancroft is the former Chief Financial Officer and current Executive Vice President of Chubb (NYSE:CB), the largest publicly traded property and casualty insurance company in the world. Mr. Bancroft's appointment increases the size of Regional Management's Board of Directors from eight directors to nine directors. "We are delighted to welcome Phil to our Board," said Maria Contreras-Sweet, Chair of the Corporate Governance and Nominating Committee of Regional Management's Board of Directors. "Phil's wealth of

      1/19/22 4:30:00 PM ET
      $CB
      $RM
      Property-Casualty Insurers
      Finance
      Finance: Consumer Services

    $RM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Booth Julie was granted 668 shares (SEC Form 4)

      4 - Regional Management Corp. (0001519401) (Issuer)

      3/24/25 4:30:16 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • SEC Form 3 filed by new insider Booth Julie

      3 - Regional Management Corp. (0001519401) (Issuer)

      3/24/25 4:15:04 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • EVP, Chief Fin & Admin Officer Rana Harpreet was granted 16,644 shares, increasing direct ownership by 40% to 58,052 units (SEC Form 4)

      4 - Regional Management Corp. (0001519401) (Issuer)

      3/19/25 4:15:06 PM ET
      $RM
      Finance: Consumer Services
      Finance

    $RM
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director-by-Deputization Basswood Capital Management, L.L.C. bought $35,148 worth of shares (968 units at $36.31) (SEC Form 4)

      4 - Regional Management Corp. (0001519401) (Issuer)

      2/19/25 6:58:58 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Director-by-Deputization Basswood Capital Management, L.L.C. sold $90,921 worth of shares (2,671 units at $34.04) and bought $91,081 worth of shares (2,671 units at $34.10) (SEC Form 4)

      4 - Regional Management Corp. (0001519401) (Issuer)

      12/12/24 9:44:11 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Basswood Capital Management, L.L.C. bought $2,194,348 worth of shares (72,546 units at $30.25) (SEC Form 4)

      4 - Regional Management Corp. (0001519401) (Issuer)

      5/8/24 8:15:38 PM ET
      $RM
      Finance: Consumer Services
      Finance

    $RM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Stephens initiated coverage on Regional Mgmt with a new price target

      Stephens initiated coverage of Regional Mgmt with a rating of Overweight and set a new price target of $38.00

      11/13/24 8:23:21 AM ET
      $RM
      Finance: Consumer Services
      Finance
    • BTIG Research initiated coverage on Regional Mgmt

      BTIG Research initiated coverage of Regional Mgmt with a rating of Neutral

      6/7/24 8:03:52 AM ET
      $RM
      Finance: Consumer Services
      Finance
    • Regional Management downgraded by JMP Securities

      JMP Securities downgraded Regional Management from Market Outperform to Market Perform

      9/29/21 6:57:36 AM ET
      $RM
      Finance: Consumer Services
      Finance

    $RM
    Financials

    Live finance-specific insights

    See more
    • Regional Management Corp. Announces First Quarter 2025 Results

      - Net income of $7.0 million and diluted earnings per share of $0.70 - - Record first quarter originations were up 20.2% from prior year, contributing to $146 million, or 8.4%, of year-over-year portfolio growth - - Record first quarter revenue was up 6.0% year-over-year, or 7.4% on an adjusted basis - - Improving credit performance, with 30+ day contractual delinquency rate of 7.1%, down 60 basis points sequentially - Regional Management Corp. (NYSE:RM), a diversified consumer finance company, today announced results for the first quarter ended March 31, 2025. "We are very pleased with how we have begun the new year," said Robert W. Beck, President and Chief Executive Officer of Regio

      4/30/25 4:15:00 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Regional Management Corp. Completes $265 Million Asset-Backed Securitization

      Regional Management Corp. (NYSE:RM), a diversified consumer finance company, announced today that it has completed a $265 million asset-backed securitization, marking its 12th successful securitization. The Regional Management Issuance Trust 2025-1 (RMIT 2025-1) notes were issued at a weighted-average coupon of 5.30% (a 5 bp improvement over the prior RMIT 2024-2 issued notes), secured by $298 million of receivables, with a 2-year revolving period. The Class A notes of the securitization received a top rating of "AAA" from Standard & Poor's and Morningstar DBRS. The company used a portion of the proceeds from the RMIT 2025-1 securitization to pay down variable rate debt facilities, as well

      4/2/25 4:20:00 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Regional Management Corp. to Report First Quarter 2025 Results on Wednesday, April 30, 2025

      Regional Management Corp. (NYSE:RM), a diversified consumer finance company, announced today that it will report its first quarter 2025 results after the market closes on Wednesday, April 30, 2025. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management's website at www.RegionalManagement.com. The dial-in number for the conference call is (877) 407-0752 (toll-free) or (201) 389-0912 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at http://www.RegionalManagement.com for one year following the call.

      4/2/25 4:15:00 PM ET
      $RM
      Finance: Consumer Services
      Finance

    $RM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Regional Management Corp.

      SC 13G/A - Regional Management Corp. (0001519401) (Subject)

      11/8/24 12:41:39 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Amendment: SEC Form SC 13G/A filed by Regional Management Corp.

      SC 13G/A - Regional Management Corp. (0001519401) (Subject)

      11/8/24 10:29:30 AM ET
      $RM
      Finance: Consumer Services
      Finance
    • SEC Form SC 13G/A filed by Regional Management Corp. (Amendment)

      SC 13G/A - Regional Management Corp. (0001519401) (Subject)

      5/7/24 4:59:41 PM ET
      $RM
      Finance: Consumer Services
      Finance

    $RM
    SEC Filings

    See more
    • SEC Form 10-Q filed by Regional Management Corp.

      10-Q - Regional Management Corp. (0001519401) (Filer)

      5/2/25 4:30:28 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • Regional Management Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits

      8-K - Regional Management Corp. (0001519401) (Filer)

      4/30/25 4:23:12 PM ET
      $RM
      Finance: Consumer Services
      Finance
    • SEC Form DEF 14A filed by Regional Management Corp.

      DEF 14A - Regional Management Corp. (0001519401) (Filer)

      4/9/25 4:37:13 PM ET
      $RM
      Finance: Consumer Services
      Finance