Regional Management Corp. (NYSE:RM ) Q4 2024 Earnings Conference Call February 5, 2024 5:00 PM ET Corporate Participants Garrett Edson - ICR Rob Beck - President and Chief Executive Officer Harp Rana - Chief Financial Officer Conference Call Participants John Hecht - Jefferies David Scharf - Citizens JMP John Rowan - Janney Vincent Caintic - BTIG Operator Greetings and welcome to the Regional Management Fourth Quarter 2024 Conference Call. At this time all participants are in a listen-only mode.
Regional Management (RM) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.54 per share a year ago.
RM targets net receivables to increase 10-12% in 2025.
RM declared a $30 million share repurchase plan. Additionally, it provided a 2025 growth outlook.
RM's third-quarter earnings benefit from rising interest and fee income and improved efficiency ratio. The hurricane impact, coupled with declining net insurance income, partially offset the results.
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Regional Management Corp. (RM) Q3 2024 Earnings Call Transcript
Regional Management (RM) came out with quarterly earnings of $1.18 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.91 per share a year ago.
RM continues to invest in its strategic and growth initiatives while keeping a tight grip on general and administrative expenses.
Regional Management (RM) foresees about 60-70 basis points year-over-year growth in total revenue yield for 2024.
Regional Management Corp. (RM) Q2 2024 Earnings Call Transcript
Regional Management (RM) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago.