Regional Management Corp. (RM) to Issue Quarterly Dividend of $0.30 on September 16th

Regional Management Corp. (NYSE:RM) declared a quarterly dividend on Wednesday, July 29th. Investors of record on Wednesday, August 19th will be given a dividend of 0.30 per share by the credit services provider on Wednesday, September 16th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, August 19th.

Regional Management has increased its dividend by an average of 0.4%annually over the last three years. Regional Management has a dividend payout ratio of 18.3% indicating that its dividend is sufficiently covered by earnings.

Regional Management Stock Performance

Shares of RM stock opened at $32.37 on Friday. The stock has a market capitalization of $298.12 million, a PE ratio of 6.81 and a beta of 1.01. Regional Management has a 52-week low of $30.46 and a 52-week high of $46.00. The stock’s 50-day moving average price is $39.19 and its 200 day moving average price is $36.53. The company has a quick ratio of 59.88, a current ratio of 59.88 and a debt-to-equity ratio of 4.30.

Regional Management (NYSE:RM) last posted its quarterly earnings data on Wednesday, July 29th. The credit services provider reported $0.85 EPS for the quarter, beating the consensus estimate of $0.81 by $0.04. Regional Management had a return on equity of 12.53% and a net margin of 6.98%.The firm had revenue of $168.01 million during the quarter, compared to the consensus estimate of $165.69 million.

Regional Management News Summary

Here are the key news stories impacting Regional Management this week:

• Positive Sentiment: Second-quarter revenue increased 6.7% year over year to $168.0 million, exceeding analysts’ $165.69 million estimate. Adjusted earnings of $0.85 per diluted share also topped consensus by $0.02. Regional Management quarterly earnings report
• Positive Sentiment: Net finance receivables grew 9.6% to $2.1 billion, while year-to-date net income rose 14% and year-to-date diluted EPS increased 17.3%. Operating expenses also improved as a percentage of revenue. Regional Management Q2 revenue report
• Positive Sentiment: The company declared a quarterly dividend of $0.30 per share, payable September 16 to shareholders of record on August 19. The dividend represents an annualized yield of approximately 2.8%.
• Positive Sentiment: Citizens JMP maintained a “market outperform” rating and still sees substantial potential upside, despite lowering its price target from $45 to $43. Benzinga price target update
• Neutral Sentiment: Regional Management repurchased 136,325 shares during the quarter and said its Column N.A. bank partnership has originated more than $65 million in loans, supporting future receivables growth.
• Negative Sentiment: Quarterly net income fell 19.6% to $8.2 million and diluted EPS declined 17.5%, despite revenue growth. Originations also decreased 1.3% year over year.
• Negative Sentiment: Provision for credit losses increased 13.9% to $69.0 million, and the net credit loss rate rose to 12.2% from 11.9%, raising concerns about borrower credit quality and future earnings pressure.
• Negative Sentiment: Reported insider activity has been heavily weighted toward selling, with 27 sales versus one purchase over the past six months, a potentially cautious signal for investors. Regional Management insider activity

About Regional Management

Regional Management Corp., headquartered in Wilmington, North Carolina, is a consumer finance company specializing in installment loan products for underbanked individuals. Since its founding in 1977, the company has developed a network of field-based branches alongside a digital platform to offer credit solutions in rural and small-town markets across the United States.

The company’s core offerings include consumer installment loans for everyday purchases, auto refinancing and lease buyouts, as well as ancillary services such as insurance referrals.