NYSE$RM

Regional Management Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Net income and diluted earnings per share reached record highs, with net finance receivables and revenue experiencing substantial year-over-year growth.

Regional Management Corp. reported record first-quarter results, driven by strategic growth initiatives and strong loan demand. Net income and diluted EPS reached record highs, while net finance receivables and revenue experienced substantial year-over-year growth. The company also expanded its operations to Mississippi and piloted end-to-end digital lending.

  • Net income reached a record $26.8 million, with diluted earnings per share at a record $2.67.
  • Net finance receivables hit an all-time high of $1.4 billion, up 30.8% year-over-year.
  • Total revenue reached a record $120.8 million, a 23.7% increase year-over-year.
  • The company expanded operations to Mississippi and piloted end-to-end digital lending.

Headline financials

Total Revenue

$121M

Previous: $97.7M+23.7%
EPS (adj)

$2.67

Previous: $2.31+15.6%
Capital Expenditures

-$1.13M

Previous: -$411K-174.0%
Free Cash Flow

$25.7M

Previous: $25.1M+2.2%
Net Income

$26.8M

Previous: $25.5M+4.9%
Operating Income

$21.3M

Previous: $29.6M-28.1%
Gross Profit

$121M

Previous: $97.7M+23.7%
Cash & Equivalents

$17.6M

Previous: $7.23M+144.0%
Total Assets

$1.5B

Previous: $1.1B+36.4%
Stock-Based Comp

$2.11M

Previous: $1.56M+34.7%

Revenue & EPS history

Regional Management · Revenue · Quarterly

$121M

Q1 2022+23.7%vs Q1 2021
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Regional Management · $13.2M total across 2 segments · Q1 2022

  • Insurance income, net
    $10.5M+32.0%
  • Other income
    $2.67M+8.4%

Forward guidance

Regional Management is focused on maintaining a strong credit profile and executing long-term strategies, including digital innovation, geographic expansion, and product/channel development, to deliver profitable growth and sustainable returns.

Tailwinds

  • Maintaining strong credit profile
  • Digital Innovation
  • Geographic Expansion
  • Product Development
  • Channel Development

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 2022

Historical avgQ1 2022

+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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