Regional Managment Corp (RM) Misses Q4 EPS by 10c

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Regional Management Corp. Announces Fourth Quarter 2014 Results

March 9, 2015 4:01 PM EDT

Material Reduction in Early-Stage and Overall Delinquencies Sequentially and from Prior-Year Period

GREENVILLE, S.C.--(BUSINESS WIRE)-- Regional Management Corp. (NYSE: RM), a diversified specialty consumer finance company, today announced results for the fourth quarter and full year periods ended December 31, 2014.

Fourth Quarter 2014 Highlights and Subsequent Events

Total fourth quarter 2014 revenue was $53.8 million, a 10.8% increase from the prior-year period. Same-store1 revenue growth for the fourth quarter of 2014 was 4.8%. Early-stage delinquencies (defined as accounts delinquent fewer than 60 days) as a percentage of total finance receivables as... More