Regional Managment Corp (RM) Tops Q1 EPS by 5c, Revenues Beat
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Regional Management Corp. Announces First Quarter 2020 Results
May 6, 2020 4:15 PM EDT- 17.5% year-over-year revenue growth and 18.9% average net finance receivables growth -
- Additional $23.9 million reserve build related to COVID-19 -
- Net loss of $6.3 million and diluted loss per share of $0.56 -
- Available liquidity of $110 million as of May 4, 2020 -
GREENVILLE, S.C.--(BUSINESS WIRE)-- Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced results for the first quarter ended March 31, 2020.
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