Regional Managment Corp (RM) Misses Q1 EPS by 10c

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Regional Management Corp. Announces First Quarter 2016 Results

April 28, 2016 4:15 PM EDT

- Net income of $5.2 million; diluted earnings per share of $0.40 -

- Total finance receivables of $607 million, up 15.5% compared to prior-year period -

- Total delinquencies as a percentage of finance receivables of 16.7%; historic low -

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, 2016.

First Quarter 2016 Highlights and Subsequent Events

Net income for the first quarter of 2016 was $5.2 million, an... More