Quarterly ResultApr 29, 2026, 04:45 PM
RM Q1 Net Income $11.4M, EPS $1.18; Revenue $167.3M; Dividend $0.30
AI Summary
Regional Management Corp. announced strong first quarter 2026 results, with net income increasing 62.7% year-over-year to $11.4 million and diluted EPS rising 68.6% to $1.18. The company achieved record first quarter revenue of $167.3 million, up 9.4% year-over-year, driven by 11.3% portfolio growth. RM also declared a quarterly cash dividend of $0.30 per share and reported an all-time best operating expense ratio of 12.2%.
Key Highlights
- Net income for Q1 2026 was $11.4 million, up 62.7% year-over-year.
- Diluted earnings per share for Q1 2026 was $1.18, up 68.6% year-over-year.
- Record first quarter total revenue of $167.3 million, an increase of 9.4% year-over-year.
- Net finance receivables grew 11.3% year-over-year to $2.1 billion as of March 31, 2026.
- Board declared a quarterly cash dividend of $0.30 per share, payable June 10, 2026.
- Operating expense ratio was an all-time best 12.2%, an improvement of 180 basis points year-over-year.
- Repurchased 207,975 shares of common stock at a weighted-average price of $36.06.
- Auto-secured net finance receivables increased 37.7% year-over-year to $301.3 million.