Loading...
•
Dec 31, 2021
Regional Management Q4 2021 Earnings Report
Announced fourth quarter 2021 results, demonstrating consistent growth and profitability.
Key Takeaways
Regional Management Corp. reported a record quarterly revenue of $119 million, a 23% year-over-year increase, and net income of $20.8 million, with diluted EPS of $2.04. The company's net finance receivables hit an all-time high of $1.4 billion, up 26% year-over-year, driven by strategic investments in digital initiatives and geographic expansion.
Net income was $20.8 million and diluted earnings per share was $2.04, increases of 44.8% and 59.4%, respectively, compared to the prior-year period.
Net finance receivables reached a record $1.4 billion, a 25.5% increase from the prior-year period.
Total revenue was a record $119.5 million, up 22.6% from the prior-year period.
The company increased its quarterly dividend by 20% to $0.30 per share and announced a new $20 million stock repurchase program.
Revenue by Segment
Forward Guidance
The company plans to continue investing in technology and digital customer acquisition, expanding geographically to at least an additional five new states, and further diversifying its products and marketing channels.
Positive Outlook
- Continue to gain market share
- Investing heavily in technology
- Investing heavily in digital customer acquisition
- Expanding geographically to at least an additional five new states
- Further diversifying our products and marketing channels
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...