NYSE$RM

Regional Management Corp · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Announced third quarter 2020 results, demonstrating resilience and strategic execution amidst macroeconomic headwinds.

Regional Management Corp. reported a net income of $11.2 million and diluted earnings per share of $1.01 for the third quarter ended September 30, 2020. The company grew its loan portfolio by $37 million, maintained stable credit profile, and initiated a quarterly dividend of $0.20 per share along with a $30 million share repurchase program.

  • Net income was $11.2 million, with diluted earnings per share at $1.01.
  • Net finance receivables increased by $36.9 million quarter-over-quarter.
  • 30+ day contractual delinquencies remained stable at 4.7% as of September 30, 2020.
  • A quarterly dividend of $0.20 per share was initiated, and a $30 million share repurchase program was authorized.

Headline financials

Total Revenue

$90.5M

Previous: $91.7M-1.3%
EPS (adj)

$1.01

Previous: $1.08-6.5%
Capital Expenditures

-$3.56M

Previous: -$3.9M+8.5%
Free Cash Flow

$7.67M

Previous: $8.68M-11.5%
Net Income

$11.2M

Previous: $12.6M-10.6%
Operating Income

$14.2M

Previous: $17.1M-17.2%
Gross Profit

$90.5M

Previous: $91.7M-1.3%
Cash & Equivalents

$4.29M

Previous: $2.04M+110.0%
Total Assets

$1.04B

Previous: $1.09B-4.5%
Stock-Based Comp

$1.39M

Previous: $1.22M+14.4%

Revenue & EPS history

Regional Management · Revenue · Quarterly

$90.5M

Q3 2020-1.3%vs Q3 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Regional Management · $15.4M total across 2 segments · Q3 2022

  • Insurance income, net
    $12M+27.3%
  • Other income
    $3.45M+28.2%

Forward guidance

Subject to the changing economic environment, the company plans to open one de novo branch during the fourth quarter of 2020.

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 Q3 2020

Historical avgQ3 2020

+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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