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Regional Management (RM)
NYSE:RM
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.68Last Year’s EPS
1.56Same Quarter Last Year
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: -18.84%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook for Regional Management, with strong financial performance, record portfolio growth, and improved credit metrics outweighing the challenges of increased delinquency rates and higher provisions for credit losses. Strategic plans for growth in 2025 indicate confidence in the company's market position and future performance.Company Guidance
During the Regional Management Corp's fourth quarter 2024 earnings call, the company reported impressive financial performance, surpassing its guidance with a net income of $9.9 million and diluted earnings per share of $0.98, a significant improvement from the prior year's net loss of $7.6 million. The company achieved a record-high loan portfolio of nearly $1.9 billion, growing by $73 million sequentially, and generated record quarterly revenue of $155 million, reflecting a 9.3% increase year-over-year. Their total revenue yield of 33.4% marked the highest in two years, driven by increased pricing, a shift to higher-margin loans, and enhanced credit performance. Operating efficiency improved, with the operating expense ratio dropping by 80 basis points to 14%. Despite a slight increase in the 30-plus-day delinquency rate to 7.7%, the net credit loss rate improved by 430 basis points to 10.8%, indicating better credit performance due to tighter underwriting. Looking ahead to 2025, the company plans a minimum 10% portfolio growth, anticipating continued improvement in credit quality and leveraging a more stable macroeconomic environment.Record Portfolio Growth
The company grew its portfolio by $73 million sequentially in Q4 2024, reaching nearly $1.9 billion, an all-time high. The portfolio generated record quarterly revenue of $155 million, up 9.3% from Q4 2023.
Improved Financial Performance
Net income was $9.9 million with diluted earnings per share of $0.98, a significant improvement from the prior year's net loss of $7.6 million.
Strong Revenue Yield and Expense Management
Total revenue yield was 33.4%, up 110 basis points from the prior year. G&A expenses were flat compared to Q4 2023, with an operating expense ratio improvement of 80 basis points.
Positive Credit Performance
The net credit loss rate improved by 430 basis points from the prior year, with the front book performing at lower loss levels than the back book.
Strategic Growth Plans for 2025
The company plans to accelerate portfolio growth by a minimum of 10% in 2025, leveraging improved credit performance and favorable macroeconomic conditions.
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RM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $36.63 | $35.86 | -2.10% |
| Nov 06, 2024 | $32.29 | $30.27 | -6.26% |
| Jul 31, 2024 | $31.79 | $30.03 | -5.54% |
| May 01, 2024 | $24.33 | $26.28 | +8.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Regional Management (RM) report earnings?
Regional Management (RM) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Regional Management (RM) earnings time?
Regional Management (RM) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RM EPS forecast?
RM EPS forecast for the fiscal quarter 2025 (Q1) is 0.68.
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