NYSE$RM
Regional Management Corp · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Announced second quarter 2022 results with net income of $12.0 million and diluted earnings per share of $1.24.
Regional Management Corp. reported strong results for the second quarter ended June 30, 2022, including record quarterly revenue of $123 million, net income of $12 million, and diluted EPS of $1.24. The company expanded operations to Indiana and California, and grew its loan portfolio to an all-time high of $1.53 billion.
- Net finance receivables grew 28.9% year-over-year.
- Revenue increased 23.3% year-over-year.
- 30+ day contractual delinquencies improved 10 basis points compared to pre-pandemic levels.
- Operating expense ratio reached a multi-year low of 14.7%.
Headline financials
Revenue & EPS history
Regional Management · Revenue · Quarterly
$123M
Revenue by segment
Regional Management · $15.4M total across 2 segments · Q3 2022
- Insurance income, net$12M+27.3%77.7%
- Other income$3.45M+28.2%22.3%
Forward guidance
The company is focused on preserving credit quality and controlling expenses amidst economic uncertainty, while continuing to invest in disciplined portfolio growth and improved credit performance.
Tailwinds
- Investments in improved credit models
- Shift to large and sub-36% loans
- Recent credit tightening actions
- Strong labor market
- Dynamic and adaptable underwriting capabilities
Headwinds
- Economic environment is difficult
- Inflation began to impact customers more significantly
- Customers in higher-rate, higher-risk segments are particularly affected
- Delinquency and net credit loss rates had nearly normalized to 2019 pre-pandemic levels
- More uncertain economic environment ahead
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 Q2 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
| Quarter | Report date | Reaction (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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