2021-11-02 16:16:56 RM Regional Management
11/02/21 11/0216:16 11/02/2116:16 | Regional Management reports Q3 EPS $2.11, consensus $1.56Reports Q3 revenue $111.5M, consensus $103.25M. "We had another fantastic quarter, as our strategic initiatives continued to fuel record growth," said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. "Our sustained focus on geographic expansion, digital investment, and product and channel development enabled us to reach new consumers and gain market share, driving record sequential portfolio growth of $130.8 million in the quarter. Our portfolio exceeded $1.3 billion at quarter-end, generating record revenue of $111.5 million, up 23% year-over-year. As a result, we posted $22.2 million of net income and very attractive returns of 7.1% ROA and 31.6% ROE." |
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