Slide 1: 4Q 25 Earnings Presentation
4Q 25 Earnings Presentation February 4, 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: FY 25 Highlights
FY 25 Highlights $44.4MM net income Net income and diluted EPS up 7.7% and 7.5% YoY, respectively $4.45 diluted EPS $2.0B originations 18.6% YoY increase in originations Opened 17 new branches in 2025 to expand 13.1% net finance receivables growth addressable market; revenue increased 9.7% YoY Five
Slide 4: 4Q 25 Highlights
4Q 25 Highlights Growth Operating Effectiveness Returns 590,800 Customer Accounts 7.5% 30+ DQ % $1.30 Diluted Earnings Per Share Up 2.7% YoY 20 bps improvement YoY Up 32.7% YoY $87MM Sequential ENR Growth 11.0% Net Credit Loss Rate 13.8% ROE / 2.5% ROA Up $248MM, or 13.1% YoY 30 bps improvement YoY
Slide 5: 4Q 25 Financial Highlights
4Q 25 Financial Highlights $ Chg % Chg $ in millions (except per share amounts) 4Q 25 4Q 24 B/(W) B/(W) Significant improvement across Total revenue $ 169.7 $ 154.8 $ 14.9 9.6% key financial metrics: Provision for credit losses 66.4 57.6 (8.8) (15.2%) • Net income up $3.0MM or G&A expense 64.5 64.6
Slide 6: Accelerating Portfolio Growth
Accelerating Portfolio Growth Quarterly Origination Trend ($ in millions) $522.3 $537.3 $510.3 $475.9 $426.2 $392.1 • Record total originations, driven by strong performance from digital leads, demand for auto-secured products, and 17 new branches opened since 4Q 24 • Achieved 13.1% YoY portfolio gr
Slide 7: Increased ENR Per Branch is Driving Efficiency
Increased ENR Per Branch is Driving Efficiency • The 17 new branches opened since 4Q 24 have generated $52.3MM, or 21.1%, of the $247.7MM YoY portfolio growth • Same store receivables grew 10.9% YoY, outpacing 4Q 24 YoY growth of 6.1% ENR Per Branch ($ in thousands) ENR Per Branch (4Q 24) $8,283 ENR
Slide 8: Revenue Up 9.6% on Continued Receivable Growth
Revenue Up 9.6% on Continued Receivable Growth Total Revenue ($ in millions) $165.5 $169.7 $154.8 $153.0 $157.4 $146.3 Other Income Insurance Income Interest and Fee Income • Record total revenue of $169.7MM grew 9.6% YoY 3Q 24 4Q 24 1Q 25 2Q 25 3Q 25 4Q 25 Sequential Δ 2.3% 5.8% (1.2%) 2.9% 5.1% 2.
Slide 9: Recent Credit Trends
Recent Credit Trends 30+ & 90+ DQ % ($ in millions) $161.2 $145.8 • $144.3 $126.0 $72.2 $134.0 $129.4 $78.4 4Q 25 delinquency improved 20 $72.0 $63.0 $61.6 $64.3 bps YoY to 7.5% 30-89 Days 90-179 Days 7.7% 7.1% 7.0% 7.5% • 30+ days past due of 6.9% 90+ DQ % 6.6% $161.2MM compares favorably 30+ DQ %
Slide 10: Reserves for Credit Losses
Reserves for Credit Losses • ACL increased $8.9MM in 4Q 25 on portfolio growth; ACL rate remained flat sequentially at 10.3% compared to 10.5% in the prior year which included an estimated 10 bps of hurricane impact. • The Company is required to reserve for expected lifetime credit losses at the ori
Slide 11: Improving Operating Leverage While Investing in Our Business
Improving Operating Leverage While Investing in Our Business • All-time best operating expense ratio of 12.4%, YoY improvement of 160 bps, despite investment in technology, digital capabilities, and growth, including 17 new branches opened since 4Q 24 • Achieved strong 4Q 25 revenue growth of 9.6%,
Slide 12: Cost of Funds
Cost of Funds • Cost of funds increased 10 bps YoY due to increased average debt and the maturation of lower-cost, fixed-rate debt Interest Expense ($ in millions) $22.0 $22.6 $19.8 $19.8 $20.4 $19.4 Interest Expense 4.3% 4.2% 4.2% 4.2% 4.4% 4.3% Cost of Funds Cost of Funds 3Q 24 4Q 24 1Q 25 2Q 25 3
Slide 13: Strong Funding Profile
Strong Funding Profile Unused Capacity ($ in millions) $555 $552 • Total unused capacity was $511MM (subject to borrowing $466 $511 base) as of December 31, 2025 • Available liquidity of $149MM as of December 31, 2025 • Fixed-rate debt represented 84% of total debt as of 2022 2023 2024 2025 December
Slide 14: Excess Capital Consistently Returned to Stockholders
Excess Capital Consistently Returned to Stockholders 12.8% Capital Generation CAGR (+$403MM) Total Capital, Net of Capital Return $782.2 Total Capital and Capital Return Capital Return $708.4 of $188MM $645.7 $611.5 $594.0 $556.6 7.8% $533.7 $509.7 CAGR $487.4 (+$215MM) $442.0 $422.1 $436.4 • Capita
Slide 15: Appendix
Appendix 15
Slide 16: Digitally Sourced Originations
Digitally Sourced Originations • Digitally sourced origination volume increase YoY driven by geographic expansion and our auto-secured product • Digitally sourced origination volume represented 31.5% of total new borrower volume • Large loans represented 78.3% of new borrower digitally sourced loans
Slide 17: Diversified Liquidity Profile
Diversified Liquidity Profile • Long history of liquidity support from a strong group of banking partners • Diversified funding platform with a senior revolving facility, warehouse facilities, and securitizations As of December 31, 2025 Senior Revolver Warehouse Facilities Private Securitization Sec
Slide 18: Consolidated Income Statements
Consolidated Income Statements $ in thousands 4Q 25 4Q 24 2025 2024 2023 2022 Revenue Interest and fee income $ 153,029 $ 138,246 $ 578,949 $ 528,894 $ 489,698 $ 450,854 Insurance income, net 11,386 11,792 45,573 40,695 44,529 43,502 Other income 5,287 4,794 21,076 18,914 17,172 12,831 Total revenue
Slide 19: Consolidated Balance Sheets
Consolidated Balance Sheets $ in thousands 2025 2024 2023 2022 2021 Cash $ 3,823 $ 3,951 $ 4,509 $ 3,873 $ 10,507 Net finance receivables 2,140,199 1,892,535 1,771,410 1,699,393 1,426,257 Unearned insurance premiums (52,896) (48,068) (47,892) (51,008) (47,837) Allowance for credit losses (220,900) (
Slide 20: 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 21: Non-GAAP Financial Measures (Cont'd)
Non-GAAP Financial Measures (Cont’d) $ in millions 2020 2021 2022 2023 2024 2025 Beginning stockholders' equity $ 256.9 $ 272.1 $ 282.7 $ 308.6 $ 322.3 $ 357.1 Ending stockholders' equity 272.1 282.7 308.6 322.3 357.1 373.1 Change in stockholders' equity 15.3 10.6 25.9 13.6 34.8 16.0 Beginning allow
Slide 22: Non-GAAP Financial Measures (Cont'd)
Non-GAAP Financial Measures (Cont’d) $ in thousands 2025 2024 2023 2022 2021 Debt $ 1,650,764 $ 1,478,336 $ 1,399,814 $ 1,355,359 $ 1,107,953 Total stockholders' equity 373,092 357,078 322,273 308,633 282,736 Less: intangible assets 31,781 24,524 15,846 12,122 9,517 Tangible equity (non-GAAP) $ 341,
Slide 23: Glossary
Glossary • ACL – Allowance for Credit Losses • Allowance for credit loss rate (ACL rate) – allowance for credit losses as a percentage of ending net finance receivables • ANR – average net finance receivables • Bps – basis points • Capital generation – the year-to-date change in total capital and ca
Slide 24: G@REGIONAL =x. _
G@REGIONAL =x. _ MANAGEMENT nyse