Regional Management
Founded Year
1987Stage
IPO | IPODate of IPO
3/28/2012Market Cap
0.24BStock Price
25.49About Regional Management
Regional Management a diversified specialty consumer finance company providing an array of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Each of the company's loan products are secured, structured on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments and is repayable at any time without penalty. Regional Management's loans are sourced through a multiple channel platform, including branches, through direct mail campaigns, independent and franchise automobile dealerships, online credit application networks, furniture and appliance retailers and consumer website. The company operates an integrated branch model in which all loans, regardless of origination channel, are serviced and collected through branch networks, providing frequent in-person contact with customers. The company's goal is to consistently and soundly grow finance receivables and manage portfolio risk while providing customers with attractive and easy-to-understand loan products that serve varied financial needs. In March 2007, Regional Management was acquired by Palladium Equity Partners and Parallel Investment Partners. The company went public in March 2012, with a valuation of $182.05 million.
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Latest Regional Management News
Jul 15, 2021
GREENVILLE, S.C.–(BUSINESS WIRE)–Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it will report its second quarter 2021 results after the market closes on Tuesday, August 3, 2021. The company will hold a conference call to discuss results at 5:00 PM ET on that day. A live webcast of the conference call will be available on Regional Management’s website at www.RegionalManagement.com . The dial-in number for the conference call is (855) 327-6837 (toll-free) or (631) 891-4304 (international). Please dial the number 10 minutes prior to the scheduled start time. A webcast replay of the call will be available at http://www.RegionalManagement.com for one year following the call. About Regional Management Corp. Regional Management Corp. (NYSE: RM) is a diversified consumer finance company that provides attractive, easy-to-understand installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. Regional Management operates under the name “Regional Finance” in 366 branch locations across 12 states in the Southeastern, Southwestern, Mid-Atlantic, and Midwestern United States, as of April 2021. Most of its loan products are secured, and each is structured on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty. Regional Management sources loans through its multiple channel platform, which includes branches, centrally-managed direct mail campaigns, digital partners, retailers, and its consumer website. For more information, please visit www.RegionalManagement.com . Contacts
Regional Management Frequently Asked Questions (FAQ)
When was Regional Management founded?
Regional Management was founded in 1987.
Where is Regional Management's headquarters?
Regional Management's headquarters is located at 509 West Butler Road, Greenville.
What is Regional Management's latest funding round?
Regional Management's latest funding round is IPO.
Who are the investors of Regional Management?
Investors of Regional Management include Parallel Investment Partners and Palladium Equity Partners.
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