Regional Management Corp. (NYSE:RM) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
On August1, 2017, Regional Management Corp. (the “Company”) issued a press release announcing financial results for the three and six months ended June30, 2017. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. On August1, 2017, the Company will host a conference call to discuss financial results for the three and six months ended June30, 2017. A copy of the presentation to be used during the conference call is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
All information in the press release and the presentation is furnished under Item 2.02 of Form 8-K, “Results of Operations and Financial Condition,” and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
| Item 2.02. | Financial Statements and Exhibits. |
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Exhibit No. |
Description |
| 99.1 | Press Release issued by Regional Management Corp. on August1, 2017, announcing financial results for Regional Management Corp. for the three and six months ended June30, 2017. |
| 99.2 | Presentation of Regional Management Corp., dated August1, 2017. |
Regional Management Corp. ExhibitEX-99.1 2 d433172dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Regional Management Corp. Announces Second Quarter 2017 Results – Net income of $6.1 million; diluted earnings per share of $0.52 – – Finance receivable growth of 12.5% from the prior year – – 30+ day delinquencies as a percentage of finance receivables of 6.5% – Greenville,…To view the full exhibit click here
About Regional Management Corp. (NYSE:RM)
Regional Management Corp. is a diversified specialty consumer finance company. The Company provides a range of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans and optional credit insurance products. The Company operates offices in over 300 locations in the states of Alabama, Georgia, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee and Texas under the names Regional Finance, RMC Financial Services, Anchor Finance and RMC Retail. The loan products are secured, structured on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments and repayable at any time without penalty. Its loans are sourced through multiple channel platforms, including its branches, direct mail campaigns, independent and franchise automobile dealerships, retailers, and the consumer Website.
