Regional Management Corp. · NYSE:RM
Regional Management — Q2 2026 Earnings Presentation
23 slides from Regional Management's earnings presentation, Jul 29, 2026
Slide 1: 2Q 26 Earnings Presentation
2Q 26 Earnings Presentation July 29, 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: 2Q 26 Highlights
2Q 26 Highlights Portfolio Trends Operating Effectiveness Returns Strategic Execution $188MM ENR Growth YoY 7.0% 30+ DQ % $0.85 Diluted EPS in 2Q Bank Partnership Program Up 9.6% YoY Up 40 bps YoY, inclusive of 20 bps YTD EPS up 17.3% YoY • Column N.A. partnership live in Texas; impact from slower p
Slide 4: 2Q 26 Financial Highlights
2Q 26 Financial Highlights $ Chg % Chg $ in millions (except per share amounts) 2Q 26 2Q 25 B/(W) B/(W) • Net income of $8.2MM and Total revenue $ 168.0 $ 157.4 $ 10.6 6.7% diluted EPS of $0.85 Provision for credit losses 69.0 60.6 (8.4) (13.9%) G&A expense 65.4 62.9 (2.5) (4.0%) • On a year-to-date
Slide 5: Responsible Portfolio Growth
Responsible Portfolio Growth Quarterly Origination Trend ($ in millions) $510.3 $522.3 $537.3 $503.6 • Total originations down 1.3% YoY, driven by tightened underwriting in higher-risk $392.1 $388.0 Total Originations business amid a more competitive Average FICO 641 640 639 639 640 environment for
Slide 6: Increased ENR Per Branch is Driving Efficiency
Increased ENR Per Branch is Driving Efficiency • 12 new branches opened since 2Q 25 have generated $12.3MM, or 6.6%, of the $187.9MM YoY portfolio growth • Same store receivables grew 9.0% YoY, outpacing 2Q 25 YoY growth of 8.1% ENR Per Branch ($ in thousands) ENR Per Branch (2Q 25) ENR Per Branch (
Slide 7: Revenue Up 6.7% on Receivable Growth
Revenue Up 6.7% on Receivable Growth Total Revenue ($ in millions) $165.5 $169.7 $167.3 $168.0 $153.0 $157.4 • Revenue grew 6.7% YoY due to Other Income $202MM increase in ANR Insurance Income Interest and Fee Income • Total revenue yield down 110 bps YoY, primarily due to a mix shift 1Q 25 2Q 25 3Q
Slide 8: Recent Credit Trends
Recent Credit Trends 30+ & 90+ DQ % ($ in millions) • 2Q 26 delinquency rate of 7.0% decreased sequentially 20 bps and $161.2 $150.9 $149.4 11.8% increased 40 bps YoY. The increase $144.3 $134.0 $129.4 $78.4 $67.5 $73.7 9.8% primarily reflects slower portfolio $72.0 $61.6 $64.3 growth (20 bps) and t
Slide 9: Reserves For Credit Losses
Reserves For Credit Losses • ACL increased $4.5MM in 2Q 26, driven by portfolio growth; ACL rate remained flat sequentially at 10.4%. The 10 bps YoY increase in the ACL rate reflects updates to macroeconomic assumptions. Allowance for Credit Losses ($ in millions) $220.9 $219.5 $224.0 $212.0 $199.1
Slide 10: Investing for Long Term Growth While Maintaining Expense Discipline
Investing for Long Term Growth While Maintaining Expense Discipline • Operating expense ratio of 12.4% improved 80 bps YoY, despite investment in technology, digital capabilities, and growth, including 12 new branches opened since 2Q 25 • YoY total revenue growth outpaced G&A expense growth by 4.2x
Slide 11: Cost of Funds
Cost of Funds • Cost of funds increased 20 bps YoY due to increased average debt and the maturation of lower-cost, fixed-rate debt Interest Expense ($ in millions) $22.6 $22.9 $23.0 $22.0 $19.8 $20.4 Interest Expense 4.4% 4.3% 4.3% 4.4% 4.2% 4.2% Cost of Funds Cost of Funds 1Q 25 2Q 25 3Q 25 4Q 25 1
Slide 12: Strong Funding Profile
Strong Funding Profile Unused Capacity ($ in millions) $552 $511 • Total unused capacity was $442MM (subject to borrowing $466 $442 base) as of June 30, 2026 • Available liquidity of $128MM as of June 30, 2026 • Fixed-rate debt represented 80% of total debt as of June 2023 2024 2025 2Q 26 30, 2026,
Slide 13: Excess Capital Consistently Returned to Stockholders
Excess Capital Consistently Returned to Stockholders Capital Generation 12.2% CAGR (+$372MM)(1) Total Capital, Net of Capital Return $794.6 Total Capital and Capital Return (1) $767.8 Capital Return (2) $694.1 of $192MM $631.4 $597.2 $594.0 $602.3 $556.6 6.7% $519.4 $509.7 CAGR $487.4 (+$180MM) $442
Slide 14: 2026 Earnings Drivers
2026 Earnings Drivers • Targeting 6% - 9% YoY net income growth, 10% - 13% EPS growth, and 5% - 7% ENR growth. Guidance reflects deliberate underwriting discipline in certain higher-risk segments and a measured response to a more competitive new customer acquisition environment. 1Q – 2Q 2026 Results
Slide 15: Appendix
Appendix CRRRONAL 15
Slide 16: Digitally Sourced Originations
Digitally Sourced Originations • YoY increase in digitally sourced origination volume driven by our large loans and auto-secured products • Digitally sourced origination volume represented 33.9% of total new borrower volume • Large loans (inclusive of auto-secured) represented 84.5% of new borrower
Slide 17: Consolidated Income Statements
Consolidated Income Statements $ in thousands 2Q 26 2Q 25 2025 2024 2023 2022 Revenue Interest and fee income $ 150,278 $ 140,695 $ 578,949 $ 528,894 $ 489,698 $ 450,854 Insurance income, net 10,976 11,499 45,573 40,695 44,529 43,502 Other income 6,752 5,248 21,076 18,914 17,172 12,831 Total revenue
Slide 18: Consolidated Balance Sheets
Consolidated Balance Sheets $ in thousands 2Q 26 2Q 25 2025 2024 2023 2022 Cash $ 6,799 $ 4,272 $ 3,823 $ 3,951 $ 4,509 $ 3,873 Net finance receivables 2,148,253 1,960,364 2,140,199 1,892,535 1,771,410 1,699,393 Unearned insurance premiums (50,713) (49,046) (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 $ 378.3 $ 106.2 Allowance for credit losses 159.3 178.8 187.4 199.5 220.9 224.0 74.0 Total capital $ 4
Slide 21: Non-GAAP Financial Measures (Cont'd)
Non-GAAP Financial Measures (Cont’d) $ in thousands 2Q 26 2025 2024 2023 2022 Debt $ 1,675,942 $ 1,650,764 $ 1,478,336 $ 1,399,814 $ 1,355,359 Total stockholders' equity 378,331 373,092 357,078 322,273 308,633 Less: intangible assets 34,634 31,781 24,524 15,846 12,122 Tangible equity (non-GAAP) $ 34
Slide 22: Glossary
Glossary • ACL – Allowance for Credit Losses • Allowance for credit loss (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 • Bps – basis points • Capital generat
Slide 23: EREGIONAL =: rae
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