NYSE$RM

Regional Management Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Announced fourth quarter 2021 results, demonstrating consistent growth and profitability.

Regional Management Corp. reported a record quarterly revenue of $119 million, a 23% year-over-year increase, and net income of $20.8 million, with diluted EPS of $2.04. The company's net finance receivables hit an all-time high of $1.4 billion, up 26% year-over-year, driven by strategic investments in digital initiatives and geographic expansion.

  • Net income was $20.8 million and diluted earnings per share was $2.04, increases of 44.8% and 59.4%, respectively, compared to the prior-year period.
  • Net finance receivables reached a record $1.4 billion, a 25.5% increase from the prior-year period.
  • Total revenue was a record $119.5 million, up 22.6% from the prior-year period.
  • The company increased its quarterly dividend by 20% to $0.30 per share and announced a new $20 million stock repurchase program.

Headline financials

Total Revenue

$119M

Previous: $97.4M+22.6%
EPS (adj)

$2.04

Previous: $1.28+59.4%
Capital Expenditures

$1.63M

Previous: $819K+98.8%
Free Cash Flow

$51.4M

Previous: $46.6M+10.2%
Net Income

$20.8M

Previous: $14.3M+44.8%
Operating Income

$25.3M

Previous: $18.7M+35.6%
Gross Profit

$109M

Previous: $82.5M+31.8%
Cash & Equivalents

$149M

Previous: $71.9M+107.6%
Total Assets

$1.46B

Previous: $1.1B+32.2%
Stock-Based Comp

$2.13M

Previous: $1.73M+23.2%

Revenue & EPS history

Regional Management · Revenue · Quarterly

$119M

Q4 2021+22.6%vs Q4 2020
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

The company plans to continue investing in technology and digital customer acquisition, expanding geographically to at least an additional five new states, and further diversifying its products and marketing channels.

Tailwinds

  • Continue to gain market share
  • Investing heavily in technology
  • Investing heavily in digital customer acquisition
  • Expanding geographically to at least an additional five new states
  • Further diversifying our products and marketing channels

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 Q4 2021

Historical avgQ4 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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