regional management corp. is one of the leading consumer finance installment loan companies in the united states. founded in 1987, regional management corp has grown into a strong, trusting company that puts our customers first. rmc continues to provide our customers with not only a range of loans and financial products, but also the highest quality customer service. we believe that no one else works as hard as we do to earn and keep our customers business. we are proud of our hard working employees who are the reason for our success. as an employee with regional, you will find that you are an essential part of what creates the bigger picture. not only do we want to the best for our customer, but we also strive to help in the advancement of our employee’s careers. thus there are many opportunities for advancement within our company. we are currently looking for hard working, diligent individuals who truly believe in our mission, and hope to better the lives of the individuals we serv
Company profile
Ticker
RM
Exchange
Website
CEO
Robert Beck
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Regional Finance Company • Regional Finance Corporation • RMC Financial Services of Florida, LLC • Credit Recovery Associates, Inc. • RMC Reinsurance, LTD • Upstate Motor Company • Regional Management Receivables III, LLC • Regional Management Receivables IV, LLC • Regional Management Receivables V, LLC • Regional Management Receivables VI, LLC ...
IRS number
570847115
RM stock data
Latest filings (excl ownership)
8-K
SFVegas Presentation February 2024
23 Feb 24
S-8
Registration of securities for employees
22 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Regional Management Corp. Announces Fourth Quarter 2023 Results
7 Feb 24
8-K
Regional Management Corp. Announces Departure of Chief Operating Officer John Schachtel
3 Jan 24
8-K
Other Events
13 Nov 23
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
Regional Management Corp. Announces Third Quarter 2023 Results
1 Nov 23
8-K
Investor Presentation September 20th, 2023
19 Sep 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
Transcripts
RM
Earnings call transcript
2023 Q4
7 Feb 24
RM
Earnings call transcript
2023 Q3
1 Nov 23
RM
Earnings call transcript
2023 Q2
2 Aug 23
RM
Earnings call transcript
2023 Q1
3 May 23
RM
Earnings call transcript
2023 Q1
3 Mar 23
RM
Earnings call transcript
2022 Q4
8 Feb 23
RM
Earnings call transcript
2022 Q3
2 Nov 22
RM
Earnings call transcript
2022 Q2
7 Aug 22
RM
Earnings call transcript
2022 Q1
8 May 22
RM
Earnings call transcript
2021 Q4
10 Feb 22
Latest ownership filings
4
BENNETT D LINDENBAUM
12 Mar 24
4
Steven B Barnette
11 Mar 24
4
BENNETT D LINDENBAUM
8 Mar 24
4
BENNETT D LINDENBAUM
21 Feb 24
4
BENNETT D LINDENBAUM
15 Feb 24
144
Notice of proposed sale of securities
15 Feb 24
SC 13G/A
Forager Fund, L.P.
14 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
SC 13G/A
WELLINGTON TRUST Co N A
8 Feb 24
SC 13G/A
WELLINGTON MANAGEMENT GROUP LLP
8 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 124.44 mm | 124.44 mm | 124.44 mm | 124.44 mm | 124.44 mm | 124.44 mm |
Cash burn (monthly) | 5.67 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 33.89 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 90.55 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 16.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
90.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 82 |
Opened positions | 11 |
Closed positions | 8 |
Increased positions | 32 |
Reduced positions | 27 |
13F shares | Current |
---|---|
Total value | 219.05 bn |
Total shares | 8.85 mm |
Total puts | 0.00 |
Total calls | 600.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Forager Capital Management | 1.18 mm | $35.89 bn |
BLK Blackrock | 1.11 mm | $33.74 bn |
Basswood Capital Management, L.L.C. | 918.39 k | $28.01 bn |
Wellington Management | 774.92 k | $23.63 bn |
WELLINGTON TRUST Co N A | 758.91 k | $21.31 mm |
Dimensional Fund Advisors | 757.82 k | $23.11 bn |
Vanguard | 418.46 k | $12.76 bn |
LSV Asset Management | 402.36 k | $12.27 mm |
Khrom Capital Management | 305.50 k | $9.32 bn |
Renaissance Technologies | 215.44 k | $6.57 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 24.59 | 3,812 | 93.74 k | 34,438 |
11 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 24.59 | 1,882 | 46.28 k | 113,362 |
11 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 24.59 | 81 | 1.99 k | 5,699 |
11 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 24.59 | 5,447 | 133.94 k | 290,402 |
11 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 24.59 | 3,778 | 92.90 k | 475,484 |
8 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 23.71 | 431 | 10.22 k | 30,626 |
8 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 23.71 | 374 | 8.87 k | 111,480 |
8 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 23.71 | 18 | 426.78 | 5,618 |
8 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock | Buy | Acquire P | Yes | No | 23.71 | 1,021 | 24.21 k | 284,955 |
8 Mar 24 | Basswood Capital Management, L.L.C. | Common Stock, par value $0.10 per share ("Common Stock") | Buy | Acquire P | Yes | No | 23.71 | 811 | 19.23 k | 471,706 |
News
Stephens & Co. Reiterates Equal-Weight on Regional Mgmt, Maintains $30 Price Target
8 Feb 24
Regional Mgmt Q4 2023 Adj EPS $0.54 Beats $0.43 Estimate, Sales $141.66M Miss $141.95M Estimate
7 Feb 24
Earnings Scheduled For February 7, 2024
7 Feb 24
Regional Management Says Executive Vice President And COO John Schachtel Is Leaving Company
3 Jan 24