NYSE$RM

Regional Management Corp · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Announced third quarter results with net income of $10.1 million and diluted earnings per share of $1.06.

Regional Management Corp. reported strong third-quarter results, marked by a 22.3% year-over-year growth in net finance receivables and a 17.9% increase in revenue. The company expanded operations to California and Louisiana, grew its loan portfolio to $1.6 billion, and increased its account base by 16% to over 500,000 accounts.

  • Net income was $10.1 million, and diluted earnings per share was $1.06, reflecting decreases of 54.7% and 49.8%, respectively, compared to the prior-year period.
  • Net finance receivables reached an all-time high of $1.61 billion, a 22.3% increase year-over-year.
  • Total revenue reached a record $131.5 million, an increase of 17.9% year-over-year.
  • The company expanded its operations to California and Louisiana.

Headline financials

Total Revenue

$131M

Previous: $111M+17.9%
EPS (adj)

$1.06

Previous: $2.11-49.8%
Operating expense ratio

14.9%

Previous: 15.4%-3.2%
Capital Expenditures

-$2.64M

Previous: -$1.96M-34.9%
Free Cash Flow

$7.42M

Previous: $20.3M-63.4%
Net Income

$10.1M

Previous: $22.2M-54.7%
Operating Income

$9.98M

Previous: $25.2M-60.4%
Gross Profit

$131M

Previous: $111M+17.9%
Cash & Equivalents

$3.14M

Previous: $8.15M-61.5%
Total Assets

$1.61B

Previous: $1.31B+22.3%
Stock-Based Comp

$3.29M

Previous: $1.84M+79.0%

Revenue & EPS history

Regional Management · Revenue · Quarterly

$131M

Q3 2022+17.9%vs Q3 2021
Beat estimate in 9 of 14 quarters(64%)
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

The company continues to plan expansion into one to two states over the next four months.

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 2022

Historical avgQ3 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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