Regional Managment Corp (RM) Tops Q1 EPS by 2c

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Regional Management Corp. Announces First Quarter 2015 Results

April 28, 2015 4:01 PM EDT

- Total delinquencies as percentage of receivables lowest since IPO -

- 37.3% sequential and 51.3% year-over-year growth for large loan receivables -

- Non-operating costs impact operating expenses and net income -

GREENVILLE, S.C.--(BUSINESS WIRE)-- Regional Management Corp. (NYSE: RM), a diversified specialty consumer finance company, today announced results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights

Net income for the first quarter 2015 was $4.1 million, an increase of 20.8% sequentially, and down 27.2% from the prior-year period.... More