Credit StrategyManagement has not seen significant trends that would lead it to opening up the credit box and remains prudent in its underwriting.
Loan GrowthIncrementally slower loan growth than expected was partially offset by better yields, as higher-APR small loans continue to grow as a share of the portfolio.
Market ConcernsRM shares are trading below historical multiples of 10x, reflecting market concerns of Regional's loss rates and moderate growth trends.