Regional Management Corp. · NYSE:RM
Regional Management — Q3 2026 Earnings Presentation
23 slides from Regional Management's earnings presentation, Oct 28, 2026
Slide 1: 3Q 26 Earnings Presentation
3Q 26 Earnings Presentation October 28, 2026
Slide 2: Legal Disclosures
Legal Disclosures This document contains summarized information concerning Regional Management Corp. (the “Company”) and the Company’s business, operations, financial performance, and trends. No representation is made that the information in this document is complete. For additional financial, stati
Slide 3: 3Q 26 Highlights
3Q 26 Highlights Portfolio Trends Operating Effectiveness Returns Strategic Execution $157MM ENR Growth YoY 7.5% 30+ DQ % $1.61 Diluted EPS Bank Partnership Program Up 7.6% YoY Up 50 bps both sequentially and YoY Up 13.4% YoY • Expanded the bank partnership • NC (launched 3Q, completion 4Q) • LA and
Slide 4: 3Q 26 Financial Highlights
3Q 26 Financial Highlights $ Chg % Chg $ in millions (except per share amounts) 3Q 26 3Q 25 B/(W) B/(W) Total revenue $ 178.8 $ 165.5 $ 13.3 8.0% • Net income of $15.1MM and diluted EPS of $1.61 Provision for credit losses 66.2 60.5 (5.7) (9.4%) G&A expense 68.6 64.1 (4.6) (7.1%) • ENR up $156.9MM,
Slide 5: Responsible Portfolio Growth
Responsible Portfolio Growth Quarterly Origination Trend ($ in millions) $522.3 $537.3 $530.3 $510.3 $503.6 Total Originations $388.0 • Total originations up 5.3% from 2Q 26 and Average FICO 640 640 642 1.5% from 3Q 25 638 639 639 • Achieved 7.6% YoY portfolio growth driven by large loans, including
Slide 6: Increased ENR Per Branch is Driving Efficiency
Increased ENR Per Branch is Driving Efficiency • 14 new branches opened since 3Q 25 have generated $23.4MM, or 14.9%, of the $156.9MM YoY portfolio growth • Same store receivables grew 6.7% YoY, compared to 3Q 25 YoY growth of 9.9% ENR Per Branch ($ in thousands) ENR Per Branch (3Q 25) ENR Per Branc
Slide 7: Revenue Up 8.0% on Receivable Growth and Bank Partnership Expansion
Revenue Up 8.0% on Receivable Growth and Bank Partnership Expansion Total Revenue ($ in millions) $178.8 $165.5 $169.7 $167.3 $168.0 $157.4 • Record total revenue of Other Income $178.8MM grew 8.0% YoY, driven Insurance Income by a $169.4MM increase in ANR Interest and Fee Income and fee income from
Slide 8: Recent Credit Trends
Recent Credit Trends 30+ & 90+ DQ % ($ in millions) $161.2 $165.8 11.8% $150.9 $149.4 $129.4 $144.3 $78.4 $67.5 $73.7 $80.9 9.8% • 3Q 26 30+ delinquency rate increased 50 $72.0 $64.3 bps both sequentially and YoY to 7.5%. 30-89 Days 7.5% 7.8% The increase primarily reflects slower 7.5% 90-179 Days 6
Slide 9: Reserves For Credit Losses
Reserves For Credit Losses • ACL increased $6.8MM in 3Q 26, driven by portfolio growth; ACL rate remained flat sequentially at 10.4%. The 10 bps YoY increase in the ACL rate reflects updates to macroeconomic assumptions. Allowance for Credit Losses ($ in millions) $230.8 $220.9 $219.5 $224.0 $212.0
Slide 10: Investing for Long-Term Growth While Maintaining Expense Discipline
Investing for Long-Term Growth While Maintaining Expense Discipline • Operating expense ratio of 12.6%, a YoY improvement of 20 bps, despite bank partnership impact and investment in technology, digital capabilities, and growth (including 14 new branches opened since 3Q 25) • Inclusive of 40 bps fro
Slide 11: Cost of Funds
Cost of Funds • Cost of funds stable at 4.4% both sequentially and YoY Interest Expense ($ in millions) $24.1 $22.6 $22.9 $23.0 $22.0 $20.4 Interest Expense 4.2% 4.4% 4.3% 4.3% 4.4% 4.4% Cost of Funds Cost of Funds 2Q 25 3Q 25 4Q 25 1Q 26 2Q 26 3Q 26 YoY Δ 0.2% 0.1% 0.1% 0.1% 0.2% - 11
Slide 12: Strong Funding Profile
Strong Funding Profile Unused Capacity ($ in millions) • Total unused capacity was $324MM (subject to borrowing $552 $466 $511 base) as of September 30, 2026 $324 • Available liquidity of $104MM as of September 30, 2026 • Fixed-rate debt represented 74% of total debt as of 2023 2024 2025 3Q 26 Septe
Slide 13: Excess Capital Consistently Returned to Stockholders
Excess Capital Consistently Returned to Stockholders Capital Generation ($ in millions) 12.2% CAGR (+$395MM)(1) $817.5 Total Capital, Net of Capital Return $767.8 Capital Return (2) Total Capital and Capital Return (1) $694.1 of $205MM $631.4 $597.2 $612.2 $594.0 6.7% $556.6 $519.4 $509.7 CAGR $487.
Slide 14: Earnings Drivers and Long-Term Objectives
Earnings Drivers and Long-Term Objectives 2026: Targeting YoY net income growth of 6%–9%, EPS growth of 10%–13%, and ENR growth of 5%–7% 2027: Strong YoY net income growth, driven by portfolio growth, bank partnership, and credit improvement Long-term: ROE ≥18%, ROA ≥ 3%, and NCL rate below 10% 3Q 2
Slide 15: Appendix
Appendix CRRRONAL 15
Slide 16: Digitally Sourced Originations
Digitally Sourced Originations • Digitally sourced origination volume represented 32.2% of total new borrower volume • Large loans (inclusive of auto-secured) represented 84.4% of new borrower digitally sourced loans originated in 3Q 26 Digitally Sourced Origination Volume ($ in millions) $76.9 $67.
Slide 17: Consolidated Income Statements
Consolidated Income Statements $ in thousands 3Q 26 3Q 25 2025 2024 2023 2022 Revenue Interest and fee income $ 155,747 $ 148,672 $ 578,949 $ 528,894 $ 489,698 $ 450,854 Insurance income, net 10,727 11,391 45,573 40,695 44,529 43,502 Other income 12,302 5,424 21,076 18,914 17,172 12,831 Total revenu
Slide 18: Consolidated Balance Sheets
Consolidated Balance Sheets $ in thousands 3Q 26 3Q 25 2025 2024 2023 2022 Cash $ 7,628 $ 4,084 $ 3,823 $ 3,951 $ 4,509 $ 3,873 Net finance receivables 2,209,925 2,053,017 2,140,199 1,892,535 1,771,410 1,699,393 Unearned insurance premiums (49,073) (50,987) (52,896) (48,068) (47,892) (51,008) Allowa
Slide 19: Non-GAAP Financial Measures
Non-GAAP Financial Measures In addition to financial measures presented in accordance with generally accepted accounting principles (“GAAP”), this presentation contains certain non-GAAP financial measures. The Company’s management utilizes non-GAAP measures as additional metrics to aid in, and enhan
Slide 20: Non-GAAP Financial Measures (Cont'd)
Non-GAAP Financial Measures (Cont’d) $ in millions 2021 2022 2023 2024 2025 YTD 26 Cumulative (1) Capital and cumulative capital return: Stockholders' equity $ 282.7 $ 308.6 $ 322.3 $ 357.1 $ 373.1 $ 381.4 $ 109.2 Allowance for credit losses 159.3 178.8 187.4 199.5 220.9 230.8 80.8 Total capital $ 4
Slide 21: Non-GAAP Financial Measures (Cont'd)
Non-GAAP Financial Measures (Cont’d) $ in thousands 3Q 26 2025 2024 2023 Debt $ 1,749,991 $ 1,650,764 $ 1,478,336 $ 1,399,814 Total stockholders' equity 381,350 373,092 357,078 322,273 Less: intangible assets 36,355 31,781 24,524 15,846 Tangible equity (non-GAAP) $ 344,995 $ 341,311 $ 332,554 $ 306,
Slide 22: Glossary
Glossary • ACL – Allowance for Credit Losses • Allowance for credit losses (ACL) rate – allowance for credit losses as a percentage of ENR • ANR – average net finance receivables • Average FICO – weighted-average FICO score at origination, weighted by loan volume • Bank partnership fee income – mark
Slide 23: EREGIONAL =: rae
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