NYSE$RM

Regional Management Corp · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported record net income and diluted earnings per share.

Regional Management Corp. announced strong first-quarter results, with record net income of $25.5 million and diluted earnings per share of $2.31. The company's growth initiatives and superior credit profile drove strong revenue performance and allowed for the release of allowance for credit losses. The company also raised its quarterly cash dividend by 25% and announced a new $30 million stock repurchase program.

  • Net income for the first quarter of 2021 was $25.5 million and diluted earnings per share was $2.31.
  • Net finance receivables as of March 31, 2021 were $1.1 billion, an increase of 0.3% from the prior-year period.
  • Total revenue for the first quarter of 2021 was $97.7 million, an increase of 1.7% from the prior-year period.
  • The company's Board of Directors has declared a dividend of $0.25 per common share for the second quarter of 2021.

Headline financials

Total Revenue

$97.7M

Previous: $96.1M+1.7%
EPS (adj)

$2.31

Previous: $1.14+102.6%
Capital Expenditures

-$411K

Previous: -$1.01M+59.3%
Free Cash Flow

$25.1M

Previous: -$7.34M+442.3%
Net Income

$25.5M

Previous: -$6.33M+503.5%
Operating Income

$29.6M

Previous: -$10.6M+378.0%
Gross Profit

$97.7M

Previous: $96.1M+1.7%
Cash & Equivalents

$7.23M

Previous: $14.7M-50.7%
Total Assets

$1.1B

Previous: $1.08B+1.8%
Stock-Based Comp

$1.56M

Previous: $1.42M+10.1%

Revenue & EPS history

Regional Management · Revenue · Quarterly

$97.7M

Q1 2021+1.7%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Regional Management · $10.5M total across 2 segments · Q1 2021

  • Insurance income, net
    $7.99M
  • Other income
    $2.47M

Forward guidance

The company expects to open 15 to 20 net new branches during the full year 2021, subject to the economic environment.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.0%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.1%

Avg return

30 days after

51%

31 / 61 earnings

Positive

+28.7%

Q4 2017

Best reaction

-34.9%

Q3 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-9.6%-5.5%
Q4 2025-14.6%-13.9%-20.1%
Q3 2025-10.3%-7.4%-10.2%
Q1 2025-16.2%-13.6%-19.7%
Q4 2024-0.9%-0.7%-13.2%
Q3 2024+3.9%+2.3%+12.2%
Q2 2024-2.3%-8.5%+6.1%
Q1 2024+8.4%+20.7%+9.1%
Q4 2023-3.6%-11.1%-0.8%
Q3 2023-9.7%-11.1%-6.5%
Q2 2023-1.3%-6.8%-13.9%
Q1 2023+3.0%+4.4%+6.7%
Q4 2022-6.4%-9.8%-24.4%
Q3 2022-13.2%-15.3%-10.7%
Q2 2022+0.3%-4.4%-18.2%
Q1 2022+6.6%+1.1%+4.2%
Q4 2021+5.6%+3.7%-13.1%
Q3 2021+12.5%+14.3%+7.8%
Q2 2021+14.5%+13.8%+12.7%
Q1 2021+9.5%+12.7%+22.5%
Q4 2020+8.3%+7.5%+21.1%
Q3 2020+2.5%+16.6%+38.0%
Q2 2020+2.7%+8.2%+11.8%
Q1 2020+1.1%-6.6%+48.6%
Q4 2019+1.9%-9.3%-41.1%
Q3 2019+15.2%+13.5%+6.2%
Q2 2019+5.1%+4.5%+2.8%
Q1 2019-5.1%-3.0%-0.5%
Q4 2018+4.8%+1.5%-2.2%
Q3 2018-4.4%-4.1%-12.5%
Q2 2018+2.9%+2.8%+4.5%
Q1 2018+5.0%+7.0%+8.6%
Q4 2017+28.7%+20.4%+16.9%
Q3 2017+4.4%-1.2%+9.4%
Q2 2017-0.7%-1.2%-8.5%
Q1 2017+6.2%+4.1%+5.2%
Q4 2016-10.1%-9.5%-20.6%
Q3 2016+2.7%-0.7%+11.8%
Q2 2016+6.8%+8.5%+19.6%
Q1 2016-11.7%
Q4 2015-3.8%
Q3 2015+0.1%
Q2 2015+8.1%
Q1 2015+13.2%
Q4 2014-5.1%
Q3 2014-34.9%
Q2 2014+5.6%
Q1 2014-31.2%
Q4 2013-7.4%
Q3 2013-3.7%
Q2 2013+12.7%
Q1 2013+7.9%
Q4 2010-0.3%
Q4 2012+2.6%
Q3 2011-1.3%
Q3 2012-1.7%
Q2 2012-3.4%
Q2 2011-3.4%
Q1 2012-0.6%
Q1 2011-0.6%
Q4 2011-0.6%
Q3 2010
Q2 2010
Q1 2010

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