Regional Management Corp.

For the period ended Mar 31, 2026. Filed May 1, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 1, 2026

RM$36.02-0.6%Stored close · as of Nov 9, 2026

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Contents

Item 2. Results of Operations

Results of Operations

The following table summarizes our results of operations, both in dollars and as a percentage of average net finance receivables (annualized) for the periods indicated:

	Three Months Ended March 31,
	2026		2025
Dollars in thousands	Amount	% ofAverage Net FinanceReceivables	Amount	% ofAverage Net FinanceReceivables
Revenue
Interest and fee income	$150,296	28.3%	$136,553	28.9%
Insurance income, net	11,810	2.2%	11,297	2.4%
Other income	5,184	1.0%	5,117	1.1%
Total revenue	167,290	31.5%	152,967	32.4%
Expenses
Provision for credit losses	64,868	12.2%	57,992	12.3%
Personnel	39,342	7.4%	41,142	8.7%
Occupancy	7,479	1.4%	6,906	1.5%
Marketing	4,181	0.8%	5,406	1.1%
Other	13,662	2.6%	12,589	2.7%
Total general and administrative	64,664	12.2%	66,043	14.0%
Interest expense	22,923	4.3%	19,771	4.2%
Income before income taxes	14,835	2.8%	9,161	1.9%
Income taxes	3,434	0.7%	2,154	0.4%
Net income	$11,401	2.1%	$7,007	1.5%

Information explaining the changes in our results of operations from year-to-year is provided in the following pages.

The following tables summarize the quarterly trends of our financial results for the periods indicated:

	Income Statement Quarterly Trend
In thousands, except per share amounts	1Q 25	2Q 25	3Q 25	4Q 25	1Q 26	QoQ $B(W)	YoY $B(W)
Revenue
Interest and fee income	$136,553	$140,695	$148,672	$153,029	$150,296	$(2,733)	$13,743
Insurance income, net	11,297	11,499	11,391	11,386	11,810	424	513
Other income	5,117	5,248	5,424	5,287	5,184	(103)	67
Total revenue	152,967	157,442	165,487	169,702	167,290	(2,412)	14,323
Expenses
Provision for credit losses	57,992	60,587	60,474	66,379	64,868	1,511	(6,876)
Personnel	41,142	38,584	39,517	40,394	39,342	1,052	1,800
Occupancy	6,906	6,911	7,160	7,227	7,479	(252)	(573)
Marketing	5,406	5,059	4,212	3,874	4,181	(307)	1,225
Other	12,589	12,391	13,179	13,024	13,662	(638)	(1,073)
Total general and administrative	66,043	62,945	64,068	64,519	64,664	(145)	1,379
Interest expense	19,771	20,426	21,971	22,646	22,923	(277)	(3,152)
Income before income taxes	9,161	13,484	18,974	16,158	14,835	(1,323)	5,674
Income taxes	2,154	3,344	4,618	3,249	3,434	(185)	(1,280)
Net income	$7,007	$10,140	$14,356	$12,909	$11,401	$(1,508)	$4,394
Net income per common share:
Basic	$0.73	$1.07	$1.53	$1.40	$1.24	$(0.16)	$0.51
Diluted	$0.70	$1.03	$1.42	$1.30	$1.18	$(0.12)	$0.48
Weighted-average shares outstanding:
Basic	9,610	9,504	9,370	9,233	9,163	70	447
Diluted	10,025	9,843	10,133	9,941	9,662	279	363
	Balance Sheet & Other Key Metrics Quarterly Trends
	1Q 25	2Q 25	3Q 25	4Q 25	1Q 26	QoQ $Inc (Dec)	YoY $Inc (Dec)
Total assets	$1,900,683	$1,967,131	$2,028,266	$2,103,930	$2,072,750	$(31,180)	$172,067
Net finance receivables	$1,890,351	$1,960,364	$2,053,017	$2,140,199	$2,104,001	$(36,198)	$213,650
Allowance for credit losses	$199,100	$202,800	$212,000	$220,900	$219,500	$(1,400)	$20,400
Debt	$1,477,860	$1,509,133	$1,581,992	$1,650,764	$1,621,398	$(29,366)	$143,538
Interest and fee yield	28.9%	29.4%	29.7%	29.3%	28.3%	(1.0)%	(0.6)%
Efficiency ratio	43.2%	40.0%	38.7%	38.0%	38.7%	0.7%	(4.5)%
Operating expense ratio	14.0%	13.2%	12.8%	12.4%	12.2%	(0.2)%	(1.8)%
Delinquency rate	7.1%	6.6%	7.0%	7.5%	7.2%	(0.3)%	0.1%
Net credit loss rate	12.4%	11.9%	10.2%	11.0%	12.5%	1.5%	0.1%
Book value per share	$35.48	$36.43	$37.94	$39.05	$40.25	$1.20	$4.77

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.