New insider activity at Regional Management ( (RM) ) has taken place on February 20, 2025.
Basswood Capital Management LLC, a significant shareholder, has made a strategic move by purchasing 968 shares of Regional Management stock, with the transaction valued at $35,148.
Recent Updates on RM stock
In the last 24 hours, Regional Management experienced a positive shift in its stock outlook, primarily driven by its strong Q4 earnings results. The company reported record portfolio growth, achieving a $73 million sequential increase in its portfolio to nearly $1.9 billion, along with a record quarterly revenue of $155 million, reflecting a 9.3% year-over-year increase. This performance led to a significant net income of $9.9 million and earnings per share of $0.98, marking a stark improvement from the previous year’s net loss. The financial uptick was attributed to increased pricing, higher-margin loans, and improved credit performance, resulting in a positive reassessment of the company’s future prospects. Despite challenges such as increased delinquency rates and higher provisions for credit losses, the company’s strategic growth plans for 2025, which include a forecasted 10% portfolio growth, instilled confidence among analysts, prompting an upward revision in its price target.
More about Regional Management
YTD Price Performance: 8.71%
Average Trading Volume: 42,958
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $369.2M
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