Regional Management downgraded by BMO Capital with a new price target
$RM
Finance: Consumer Services
Finance
BMO Capital downgraded Regional Management from Outperform to Market Perform and set a new price target of $43.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $38.00 | Overweight | Stephens |
| 6/7/2024 | Neutral | BTIG Research | |
| 9/29/2021 | Market Outperform → Market Perform | JMP Securities | |
| 7/19/2021 | $45.00 → $50.00 | Market Outperform | JMP Securities |
Stephens initiated coverage of Regional Mgmt with a rating of Overweight and set a new price target of $38.00
BTIG Research initiated coverage of Regional Mgmt with a rating of Neutral
JMP Securities downgraded Regional Management from Market Outperform to Market Perform
- Net income of $7.0 million and diluted earnings per share of $0.70 - - Record first quarter originations were up 20.2% from prior year, contributing to $146 million, or 8.4%, of year-over-year portfolio growth - - Record first quarter revenue was up 6.0% year-over-year, or 7.4% on an adjusted basis - - Improving credit performance, with 30+ day contractual delinquency rate of 7.1%, down 60 basis points sequentially - Regional Management Corp. (NYSE:RM), a diversified consumer finance company, today announced results for the first quarter ended March 31, 2025. "We are very pleased with how we have begun the new year," said Robert W. Beck, President and Chief Executive Officer of Regio
Regional Management Corp. (NYSE:RM), a diversified consumer finance company, announced today that it has completed a $265 million asset-backed securitization, marking its 12th successful securitization. The Regional Management Issuance Trust 2025-1 (RMIT 2025-1) notes were issued at a weighted-average coupon of 5.30% (a 5 bp improvement over the prior RMIT 2024-2 issued notes), secured by $298 million of receivables, with a 2-year revolving period. The Class A notes of the securitization received a top rating of "AAA" from Standard & Poor's and Morningstar DBRS. The company used a portion of the proceeds from the RMIT 2025-1 securitization to pay down variable rate debt facilities, as well
Regional Management Corp. (NYSE:RM), a diversified consumer finance company, announced today that it will report its first quarter 2025 results after the market closes on Wednesday, April 30, 2025. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management's website at www.RegionalManagement.com. The dial-in number for the conference call is (877) 407-0752 (toll-free) or (201) 389-0912 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at http://www.RegionalManagement.com for one year following the call.
4 - Regional Management Corp. (0001519401) (Issuer)
4 - Regional Management Corp. (0001519401) (Issuer)
4 - Regional Management Corp. (0001519401) (Issuer)
4 - Regional Management Corp. (0001519401) (Issuer)
4 - Regional Management Corp. (0001519401) (Issuer)
4 - Regional Management Corp. (0001519401) (Issuer)