Regional Management Corp. Announces Third Quarter 2026 Results
Regional Management reported Q3 2026 net income of $15.1 million and diluted EPS of $1.61, up 5.3% and 13.4% YoY, on record total revenue of $178.8 million, up 8.0% year-over-year. Credit quality remains the pressure point: the net credit loss rate rose 70bps YoY to 10.9% (though down 130bps sequentially), 30+ delinquencies rose to 7.5%, and the provision climbed 9.4% to $66.2 million, concentrated in 2025-vintage loans via the digital affiliate channel. Management said it has tightened underwriting, is rolling out a new origination scorecard, and is adding Liz Canini as Chief Credit Risk Officer in early November. The Column N.A.
Key figures
- Eps
- 1.61
- Revenue
- 178800000
- Revenue Yoy
- 8.0%
- Buyback
- repurchased 265,645 shares at weighted-average $37.64
- Eps yoy
- 13.4%
- Net income
- 15113000
- Provision yoy
- 9.4%
- Net income yoy
- 5.3%
- Ytd net income
- 34667000
- Ytd diluted eps
- 3.63
- Allowance coverage
- 10.4%
- Dividend per share
- 0.3
- Interest fee yield
- 28.7%
- Total originations
- 530251000
- Ytd net income yoy
- 10.0%
- Available liquidity
- 104000000
- Total revenue yield
- 32.9%
- Net credit loss rate
- 10.9%
- Funded debt to equity
- 4.6x
- Delinquency 30plus rate
- 7.5%
- Net finance receivables
- 2209925000
- Operating expense ratio
- 12.6%
- Allowance for credit losses
- 230800000
- Net finance receivables yoy
- 7.6%
- Provision for credit losses
- 66163000
- Funded debt to tangible equity
- 5.1x
- Net credit loss rate yoy change
- +70 bps (vs 10.2% in 3Q25)
- Column originations since launch
- $160M+
AI analysis
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