Regional Management Corp. reported a notable increase in financial performance for the second quarter of 2025, with total revenue rising to $157.4 million, a 10.1% increase from $143.0 million in the same period last year. The growth was primarily driven by a 10.0% increase in interest and fee income, which reached $140.7 million, attributed to a 9.4% rise in average net finance receivables and a slight increase in annualized yield. The company’s net income for the quarter also saw a significant boost, climbing 20.1% to $10.1 million compared to $8.4 million in the prior-year quarter.
In terms of operational metrics, Regional Management Corp. reported a total of 579,100 active accounts as of June 30, 2025, with net finance receivables amounting to $1.96 billion, reflecting a 10.5% increase year-over-year. The company’s large loan portfolio grew by 11.6% to $1.41 billion, while small loans increased by 7.7% to $547.0 million. The number of branches also expanded to 352, up from 343 a year earlier, indicating a strategic focus on geographic expansion and customer accessibility.
The company’s provision for credit losses increased to $60.6 million, up 12.6% from the previous year, reflecting a proactive approach to managing credit risk amid changing economic conditions. The allowance for credit losses as a percentage of net finance receivables was reported at 10.3%, a slight decrease from 10.5% a year prior, indicating improved credit quality. The delinquency rate improved to 6.6%, down from 6.9% in the previous year, showcasing effective portfolio management and credit tightening measures.
Looking ahead, Regional Management Corp. remains focused on its growth strategy, emphasizing the importance of maintaining a balanced loan portfolio while managing associated risks. The company has diversified its funding sources and reported $121.6 million in available liquidity as of June 30, 2025, which includes unrestricted cash and available credit. The management anticipates that macroeconomic factors, including inflation and interest rates, will continue to influence its operations and financial performance, and it is prepared to adapt its strategies accordingly. The company also plans to continue its stock repurchase program, having repurchased 0.5 million shares at a cost of $15.1 million under a $30 million authorization.
About Regional Management Corp.
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.