Earnings Releases·Oct 28, 2026, 4:27 PM ET

Regional Management Corp. — Third Quarter 2026 Earnings Summary

Q3 net income rose 5.3% year-over-year to $15.1 million ($1.61 EPS, +13.4%), while total revenue hit a record $178.8 million (+8.0% YoY); however, provision for credit losses increased 9.4% to $66.2 million, pushing the net credit loss rate up 70 basis points to 10.9%.
Management expects strong bottom-line growth in 2027 and anticipates full branch network conversion to the bank partnership program by year-end 2027, alongside the Q4 2026 rollout of a new proprietary origination scorecard and loan platform.
The portfolio mix shifted toward larger loans, with large loan receivables now comprising 78.8% of the total; the company opened 14 new branches (total 354) and expanded its bank partnership to three additional states, while digital originations were launched in July 2026.
Capital return activities included a $0.30 per share Q4 dividend declaration and the repurchase of 265,645 shares in Q3 at an average price of $37.64, bringing the funded debt-to-equity ratio to 4.6 to 1.0.