Regional Management Corp. reported net income of $10.1 million and diluted earnings per share of $1.03 for the second quarter ended June 30, 2025, representing a 20% improvement year-over-year. The company achieved record quarterly revenue of $157.4 million, up 10.1% year-over-year.
Net finance receivables increased by $70 million sequentially, reaching $1.96 billion, up 10.5% year-over-year, aligning with the target of at least 10% portfolio growth in 2025. Total originations hit a record $510 million, a 20% increase year-over-year.
Credit performance improved, with the 30-day delinquency rate at 6.6% and the net credit loss rate at 11.9%, both better year-over-year. The annualized operating expense ratio reached an all-time best of 13.2%. The company returned $17.6 million to shareholders year-to-date through buybacks and dividends, and book value per share increased to $36.43. The Board declared a dividend of $0.30 per common share for the third quarter of 2025.
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