Regional Management Corp.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
RM$34.57-4.0%Stored close · as of Nov 10, 2026
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Item 15. Exhibits, Financial Statement Schedules
(a) The following documents are filed as part of this report:
(1) Financial Statements:
See the “Index to Consolidated Financial Statements” in Part II, Item 8, “Financial Statements and Supplementary Data.”
(2) Financial Statement Schedules:
None. Financial statement schedules have been omitted because the required information is included in our consolidated financial statements contained elsewhere in this Annual Report on Form 10-K.
(3) Exhibits: The exhibits listed in the following index are filed as a part of this Annual Report on Form 10-K.
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Exhibit Description · FiledHerewith · Form · FileNumber · Exhibit · FilingDate | |||||
| 3.1 | Amended and Restated Certificate of Incorporation of Regional Management Corp. | 8-K | 001-35477 | 3.1 | 04/02/2012 |
| 3.2 | Second Amended and Restated Bylaws of Regional Management Corp. | 10-Q | 001-35477 | 3.2 | 05/02/2025 |
| 4.1 | Indenture, dated July 22, 2021, by and among Regional Management Issuance Trust 2021-2, as issuer, Regional Management Corp., as servicer, Wells Fargo Bank, N.A., as indenture trustee, and Wells Fargo Bank, N.A., as account bank | 8-K | 001-35477 | 4.1 | 07/22/2021 |
| 4.2 | Indenture, dated October 8, 2021, by and among Regional Management Issuance Trust 2021-3, as issuer, Regional Management Corp., as servicer, Wells Fargo Bank, N.A., as indenture trustee, and Wells Fargo Bank, N.A., as account bank | 8-K | 001-35477 | 4.1 | 10/12/2021 |
| 4.3 | Indenture, dated February 22, 2022, by and among Regional Management Issuance Trust 2022-1, as issuer, Regional Management Corp., as servicer, and Computershare Trust Company National Association, as indenture trustee | 8-K | 001-35477 | 4.1 | 02/22/2022 |
| 4.4 | Indenture, dated June 13, 2024, by and among Regional Management Issuance Trust 2024-1, as issuer, Regional Management Corp., as servicer, and Computershare Trust Company, N.A., as indenture trustee | 8-K/A | 001-35477 | 4.1 | 06/20/2024 |
| 4.5 | Indenture, dated November 26, 2024, by and among Regional Management Issuance Trust 2024-2, as issuer, Regional Management Corp., as servicer, and Computershare Trust Company, N.A., as indenture trustee | 8-K | 001-35477 | 4.1 | 11/27/2024 |
| 4.6 | Indenture, dated March 31, 2025, by and among Regional Management Issuance Trust 2025-1, as issuer, Regional Management Corp., as servicer, and Computershare Trust Company, N.A., as indenture trustee | 8-K | 001-35477 | 4.1 | 04/02/2025 |
| 4.7 | Indenture, dated October 23, 2025, by and among Regional Management Issuance Trust 2025-2, as issuer, Regional Management Corp., as servicer, and Computershare Trust Company, N.A., as indenture trustee | 8-K | 001-35477 | 4.1 | 10/29/2025 |
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Exhibit Description · FiledHerewith · Form · FileNumber · Exhibit · FilingDate | |||||
| 4.8 | Description of Securities | 10-K | 001-35477 | 4.4 | 03/16/2020 |
| 10.1.1 | Cooperation Agreement, dated as of January 26, 2018, by and between Basswood Capital Management, L.L.C. and the Company | 8-K | 001-35477 | 10.1 | 01/29/2018 |
| 10.1.2 | Letter Agreement, dated November 28, 2022, by and between Regional Management Corp. and Basswood Capital Management, L.L.C. | 8-K | 001-35477 | 10.3 | 11/29/2022 |
| 10.2 | Loan and Security Agreement, dated as of August 19, 2025, by and among Regional Management Corp. and its subsidiaries named as borrowers therein, the financial institutions named as lenders therein, and Bank of Montreal, as agent | 8-K | 001-35477 | 10.1 | 08/25/2025 |
| 10.3.1 | Credit Agreement, dated April 19, 2021 by and among Regional Management Receivables IV, LLC, as borrower, Regional Management Corp., as servicer, the lenders and agents from time to time parties thereto, Wells Fargo Bank, National Association as account bank and backup servicer and Wells Fargo Bank, National Association as administration agent | 8-K | 001-35477 | 10.2 | 04/20/2021 |
| 10.3.2 | Amendment No. 1 to the Credit Agreement, dated as of December 17, 2021, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, Wells Fargo Bank, National Association, as agent and committed lender and Wells Fargo Bank, National Association, as administrative agent | 8-K | 001-35477 | 10.3 | 12/21/2021 |
| 10.3.3 | Amendment No. 2 to the Credit Agreement, dated as of August 11, 2022, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, Wells Fargo Bank, National Association, as agent and committed lender, and Wells Fargo Bank, National Association, as administrative agent | 10-K | 001-35477 | 10.4.3 | 02/24/2023 |
| 10.3.4 | Amendment No. 3 to the Credit Agreement, dated as of September 7, 2022, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, Wells Fargo Bank, National Association, as agent and committed lender, and Wells Fargo Bank, National Association, as administrative agent | 8-K | 001-35477 | 10.3 | 09/12/2022 |
| 10.3.5 | Amendment No. 4 to the Credit Agreement dated as of April 13, 2023, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, the lenders and agents party thereto, Wells Fargo Bank, National Association, as administrative agent, and Wells Fargo Bank, National Association, acting through its Corporate Trust Services division, as account bank and backup servicer | 10-Q | 001-35477 | 10.3 | 08/04/2023 |
| 10.3.6 | Amendment No. 5 to the Credit Agreement dated as of May 15, 2023, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, the lenders and agents party thereto, Wells Fargo Bank, National | 8-K | 001-35477 | 10.1 | 05/19/2023 |
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Exhibit Description · FiledHerewith · Form · FileNumber · Exhibit · FilingDate | |||||
| Association, as administrative agent, and Wells Fargo Bank, National Association, acting through its Corporate Trust Services division, as account bank and backup servicer | |||||
| 10.3.7 | Omnibus Amendment to Credit Agreement and Account Control Agreement and Consent, dated as of March 29, 2024, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, the lenders party thereto, Wells Fargo Bank, National Association, as administrative agent, and Computershare Trust Company, N.A. (as successor to Wells Fargo Bank National Association), acting through its Corporate Trust Services division, as account bank and backup servicer | 8-K | 001-35477 | 10.1 | 04/03/2024 |
| 10.3.8 | Amendment No. 6 to Credit Agreement dated as of May 19, 2025, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, the lenders parties thereto, and Wells Fargo Bank, as administrative agent | 8-K | 001-35477 | 10.1 | 05/21/2025 |
| 10.3.9 | Amendment No 7 to the Credit Agreement, dated as of August 19, 2025, by and among Regional Management Corp., as servicer, Regional Management Receivables IV, LLC, as borrower, the lenders party thereto, Wells Fargo Bank, National Association, as administrative agent, and Computershare Trust Company, N.A., as successor to Wells Fargo Bank, National Association, acting through its Corporate Trust Services division, including its successors and permitted assigns, as account bank, securities intermediary, and backup servicer | 8-K | 001-35477 | 10.2 | 08/25/2025 |
| 10.4.1 | Credit Agreement, dated April 28, 2021 by and among Regional Management Receivables V, LLC, as borrower, Regional Management Corp., as servicer, the lenders from time to time parties thereto, Wells Fargo Bank, National Association as account bank and backup servicer and JPMorgan Chase Bank, N.A. as administration agent | 8-K | 001-35477 | 10.1 | 04/29/2021 |
| 10.4.2 | Amendment No.1 to the Credit Agreement, dated as of December 17, 2021, by and among Regional Management Corp., as servicer, Regional Management Receivables V, LLC, as borrower, the lenders from time to time parties thereto, Wells Fargo Bank, National Association, acting as its corporate trust services division, including its successors and permitted assigns, as account bank and backup servicer, and JPMorgan Chase Bank, N.A., as administrative agent | 8-K | 001-35477 | 10.4 | 12/21/2021 |
| 10.4.3 | Amendment No. 2 to the Credit Agreement, dated as of August 11, 2022, by and among Regional Management Corp., as servicer, Regional Management Receivables V, LLC, as borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Wells Fargo, National Association, acting as its corporate trust services division, as account bank and backup servicer | 10-K | 001-35477 | 10.5.3 | 02/24/2023 |
| 10.4.4 | Amendment No. 3 to the Credit Agreement, dated as of September 30, 2022, by and among Regional Management Corp., | 10-K | 001-35477 | 10.5.4 | 02/24/2023 |
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Exhibit Description · FiledHerewith · Form · FileNumber · Exhibit · FilingDate | |||||
| as servicer, Regional Management Receivables V, LLC, as borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Wells Fargo, National Association, acting as its corporate trust services division, as account bank and backup servicer | |||||
| 10.4.5 | Amendment No. 4 to the Credit Agreement, dated as of November 22, 2022, by and among Regional Management Corp., as servicer, Regional Management Receivables V, LLC, as borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Wells Fargo, National Association, acting as its corporate trust services division, as account bank and backup servicer | 8-K | 001-35477 | 10.2 | 11/29/2022 |
| 10.4.6 | Amendment No. 5 to the Credit Agreement, dated as of March 29, 2024, by and among Regional Management Corp., as servicer, Regional Management Receivables V, LLC, as borrower, the lenders from time to time parties thereto, Wells Fargo Bank, National Association, acting through its Corporate Trust Services division, including its successors and permitted assigns, as account bank and backup servicer, and JPMorgan Chase Bank, N.A., as administrative agent | 8-K | 001-35477 | 10.2 | 04/03/2024 |
| 10.4.7 | Amendment No. 6 to the Credit Agreement, dated as of November 25, 2024, by and among Regional Management Corp., as servicer, Regional Management Receivables V, LLC, as borrower, the lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as administrative agent, and Computershare Trust Company, National Association, as successor by merger to Wells Fargo Bank, National Association, acting through its Corporate Trust Services division, including its successors and permitted assigns, as account bank and backup servicer | 8-K | 001-35477 | 10.1 | 11/27/2024 |
| 10.4.8 | Amendment No. 7 to the Credit Agreement, dated as of August 19, 2025, by and among Regional Management Corp., as servicer, Regional Management Receivables V, LLC, as borrower, the lenders from time to time parties thereto, Wells Fargo Bank, National Association, acting through its Corporate Trust Services division, including its successors and permitted assigns, as account bank and backup servicer, and JPMorgan Chase Bank, N.A., as administrative agent | 8-K | 001-35477 | 10.3 | 08/25/2025 |
| 10.5.1 | Credit Agreement, dated as of February 2, 2023, by and among Regional Management Corp., as servicer, Regional Management Receivables VI, LLC, as borrower, the lenders and agents parties thereto, Regions Bank, as administrative agent, and Computershare Trust Company, N.A., as securities intermediary and backup servicer | 8-K | 001-35477 | 10.1 | 02/08/2023 |
| 10.5.2 | First Amendment to Credit Agreement and Consent, dated as of March 29, 2024, by and among Regional Management Corp., as servicer, Regional Management Receivables VI, LLC, as borrower, the lenders parties thereto, and Regions Bank, as administrative agent | 8-K | 001-35477 | 10.3 | 04/03/2024 |
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Exhibit Description · FiledHerewith · Form · FileNumber · Exhibit · FilingDate | |||||
| 10.5.3 | Second Amendment to Credit Agreement and Consent dated as of January 31, 2025, by and among Regional Management Corp., as servicer, Regional Management Receivables VI, LLC, as borrower, the lenders parties thereto, and Regions Bank, as administrative agent | 8-K | 001-35477 | 10.1 | 02/05/2025 |
| 10.5.4 | Third Amendment to Credit Agreement, dated as of August 19, 2025, by and among Regional Management Corp., as servicer, Regional Management Receivables VI, LLC, as borrower, the lenders parties thereto, and Regions Bank, as administrative agent and securities intermediary and Computershare Trust Company, N.A. as resigning securities intermediary | 8-K | 001-35477 | 10.4 | 08/25/2025 |
| 10.6.1 | Credit Agreement, dated as of April 3, 2023, by and among Regional Management Corp., as servicer, Regional Management Receivables VII, LLC, as borrower, the lenders and agents parties thereto, BMO Capital Markets Corp., as administrative agent, and Computershare Trust Company, N.A., as securities intermediary and backup servicer | 8-K | 001-35477 | 10.1 | 04/06/2023 |
| 10.6.2 | First Amendment to Credit Agreement and Consent, dated as of March 29, 2024, by and among Regional Management Corp., as servicer, Regional Management Receivables VII, LLC, as borrower, the lenders parties thereto, and BMO Capital Markets Corp., as administrative agent | 8-K | 001-37547 | 10.4 | 04/03/2024 |
| 10.6.3 | Second Amendment to Credit Agreement and Consent, dated as of October 3, 2024, by and among Regional Management Corp., as servicer, Regional Management Receivables VII, LLC, as borrower, the Bank of Montreal, as the committed lender, and BMO Capital Markets Corp., as administrative agent. | 8-K | 001-35477 | 10.1 | 10/08/2024 |
| 10.6.4 | Third Amendment to Credit Agreement, dated as of August 19, 2025, by and among Regional Management Corp., as servicer, Regional Management Receivables VII, LLC, as borrower, the lenders parties thereto, and BMO Capital Markets Corp., as administrative agent | 8-K | 001-35477 | 10.5 | 08/25/2025 |
| 10.7 | Sale and Servicing Agreement, dated July 22, 2021, by and among Regional Management Receivables III, LLC, as depositor, Regional Management Corp., as servicer, the subservicers party thereto, Regional Management Issuance Trust 2021-2, as issuer, and Regional Management North Carolina Receivables Trust, acting thereunder solely with respect to the 2021-2A SUBI | 8-K | 001-35477 | 10.1 | 07/22/2021 |
| 10.8 | Sale and Servicing Agreement, dated October 8, 2021, by and among Regional Management Receivables III, LLC, as depositor, Regional Management Corp., as servicer, the subservicers party thereto, and Regional Management Issuance Trust 2021-3, as issuer | 8-K | 001-35477 | 10.1 | 10/12/2021 |
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| ExhibitNumber · Exhibit Description · FiledHerewith · Form · FileNumber · Exhibit · FilingDate | |||||
| 10.9 | Sale and Servicing Agreement, dated February 22, 2022, by and among Regional Management Receivables III, LLC, as depositor, Regional Management Corp., as servicer, the subservicers party thereto, Regional Management Issuance Trust 2022-1, as issuer, and Regional Management North Carolina Receivables Trust, acting thereunder solely with respect to the 2022-1A SUBI | 8-K | 001-35477 | 10.1 | 02/22/2022 |
| 10.10 | Sale and Servicing Agreement, dated June 13, 2024, by and among Regional Management Receivables III, LLC, as depositor, Regional Management Corp., as servicer, the subservicers party thereto, Regional Management Issuance Trust 2024-1, as issuer, and Regional Management North Carolina Receivables Trust, acting thereunder solely with respect to the 2024-1A SUBI | 8-K/A | 001-35477 | 10.2 | 06/20/2024 |
| 10.11 | Sale and Servicing Agreement, dated November 26, 2024, by and among Regional Management Receivables III, LLC, as depositor, Regional Management Corp., as servicer, the subservicers party thereto, Regional Management Issuance Trust 2024-2, as issuer, and Regional Management North Carolina Receivables Trust, acting thereunder solely with respect to the 2024-2A SUBI | 8-K | 001-35477 | 10.2 | 11/27/2024 |
| 10.12 | Sale and Servicing Agreement, dated March 31, 2025, by and among Regional Management Receivables III, LLC, as depositor, Regional Management Corp., as servicer, the subservicers party thereto, Regional Management Issuance Trust 2025-1, as issuer, and Regional Management North Carolina Receivables Trust, acting thereunder solely with respect to the 2025-1A SUBI | 8-K | 001-35477 | 10.1 | 04/02/2025 |
| 10.13 | Sale and Servicing Agreement, dated October 23, 2025, by and among Regional Management Receivables III, LLC, as depositor, Regional Management Corp., as servicer, the subservicers party thereto, Regional Management Issuance Trust 2025-2, as issuer, and Regional Management North Carolina Receivables Trust, acting thereunder solely with respect to the 2025-2A SUBI | 8-K | 001-35477 | 10.1 | 10/29/2025 |
| 10.14.1† | Regional Management Corp. 2015 Long-Term Incentive Plan (As Amended and Restated Effective May 20, 2021) | 8-K | 001-35477 | 10.1 | 05/21/2021 |
| 10.14.2† | Declaration of Amendment to Regional Management Corp. 2015 Long-Term Incentive Plan (As Amended and Restated Effective May 20, 2021) | 10-Q | 001-35477 | 10.1 | 05/06/2022 |
| 10.14.3† | Form of Nonqualified Stock Option Agreement under the 2015 Long-Term Incentive Plan (form for grants prior to April 27, 2017) | 8-K | 001-35477 | 10.3 | 04/28/2015 |
| 10.14.4† | Form of Nonqualified Stock Option Agreement under the 2015 Long-Term Incentive Plan (form for grants on or after April 27, 2017) | 8-K | 001-35477 | 10.2 | 05/02/2017 |
| 10.14.5† | Form of Performance-Contingent Restricted Stock Unit Award Agreement under the 2015 Long-Term Incentive Plan | 8-K | 001-35477 | 10.3 | 05/02/2017 |
| 10.14.6† | Form of Cash-Settled Performance Unit Award Agreement under the 2015 Long-Term Incentive Plan | 8-K | 001-35477 | 10.4 | 05/02/2017 |
| 10.14.7† | Form of Restricted Stock Award Agreement under the 2015 Long-Term Incentive Plan | 8-K | 001-35477 | 10.5 | 05/02/2017 |
| Incorporated by Reference | ||||||
|---|---|---|---|---|---|---|
| ExhibitNumber | Exhibit Description | FiledHerewith | Form | FileNumber | Exhibit | FilingDate |
| 10.14.8† | Form of Stock Award Agreement under the 2015 Long-Term Incentive Plan | 8-K | 001-35477 | 10.6 | 05/02/2017 | |
| 10.14.9† | Form of Performance Restricted Stock Unit Award Agreement | 8-K | 001-35477 | 10.1 | 02/18/2022 | |
| 10.15.1† | Regional Management Corp. 2024 Long-Term incentive Plan | 8-K | 001-35477 | 10.1 | 05/20/2024 | |
| 10.15.2† | Form of Nonqualified Stock Option Agreement under the 2024 Long-Term Incentive Plan | 10-Q | 001-35477 | 10.2 | 08/02/2024 | |
| 10.15.3† | Form of Restricted Stock Award Agreement under the 2024 Long-Term Incentive Plan | 10-Q | 001-35477 | 10.3 | 08/02/2024 | |
| 10.15.4† | Form of Restricted Stock Unit Award Agreement under the 2024 Long-Term Incentive Plan | 10-Q | 001-35477 | 10.4 | 08/02/2024 | |
| 10.15.5† | Form of Performance Restricted Stock Unit Award Agreement under the 2024 Long-Term Incentive Plan | 10-Q | 001-35477 | 10.5 | 08/02/2024 | |
| 10.15.6† | Form of Stock Award Agreement under the 2024 Long-Term Incentive Plan | 10-Q | 001-35477 | 10.6 | 08/02/2024 | |
| 10.16† | Regional Management Corp. Annual Incentive Plan | 10-Q | 001-35477 | 10.7 | 08/02/2024 | |
| 10.17† | Summary of Non-Employee Director Compensation Program | 10-K | 001-35477 | 10.16 | 03/04/2022 | |
| 10.18† | Regional Management Corp. Executive Severance and Change in Control Plan (as Amended and Restated effective October 30, 2025) | 8-K | 001-35477 | 10.3 | 11/05/2025 | |
| 10.19† | Form of Retention Award Agreement | 8-K | 001-35477 | 10.1 | 03/13/2015 | |
| 10.20† | Offer Letter, dated October 30, 2025, between Lakhbir S. Lamba and Regional Management Corp. | 8-K | 001-35477 | 10.1 | 11/05/2025 | |
| 10.21† | Letter Agreement, dated October 30, 2025, between Robert W. Beck and Regional Management Corp. | 8-K | 001-35477 | 10.2 | 11/05/2025 | |
| 10.22† | Form of Restricted Stock Award Agreement (Inducement Grant) | S-8 | 001-35477 | 4.3 | 11/10/2025 | |
| 10.23† | Form of Performance Restricted Stock Unit Award Agreement (Inducement Grant) | S-8 | 001-35477 | 4.4 | 11/10/2025 | |
| 19.1 | Regional Management Corp. Insider Trading Policy | 10-K | 001-35477 | 19.1 | 02/21/2025 | |
| 21.1 | Subsidiaries of Regional Management Corp. | X | ||||
| 23.1 | Consent of Deloitte & Touche LLP | X | ||||
| 31.1 | Rule 13a-14(a) / 15(d)-14(a) Certification of Principal Executive Officer | X | ||||
| 31.2 | Rule 13a-14(a) / 15(d)-14(a) Certification of Principal Financial Officer | X | ||||
| 32.1 | Section 1350 Certifications | X | ||||
| 97.1 | Regional Management Corp. Dodd-Frank Act Compensation Recoupment (Clawback) Policy | 10-K | 001-35477 | 97.1 | 02/22/2024 | |
| Incorporated by Reference | ||||||
| ExhibitNumber | Exhibit Description | FiledHerewith | Form | FileNumber | Exhibit | FilingDate |
| 101.INS | XBRL Instance Document—the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | |||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema With Embedded Linkbase Documents | |||||
| 104 | Cover Page Interactive Data File—the cover page XBRL tags are embedded within the Inline XBRL document contained in Exhibit 101 | |||||
† Indicates a management contract or a compensatory plan, contract, or arrangement.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.