(RM) Regional Management - Ratings and Ratios

Regional Management Corp. (NYSE: RM) operates in the consumer finance sector, providing financial services to individuals with limited access to traditional credit sources. The company offers small and large loans, along with payment plans and collateral protection insurance products. It also provides optional insurance coverage, including credit life, accident and health, involuntary unemployment, and personal property insurance. Loans are sourced through various channels such as branches, direct mail, digital partners, and the companys website. Regional Management Corp. was founded in 1987 and is headquartered in Greer, South Carolina.

The company targets subprime borrowers, offering installment loans with terms ranging from 12 to 60 months. Its business model focuses on providing credit to individuals who may not qualify for loans from banks or other traditional lenders. Regional Management Corp. has expanded its operations through acquisitions and organic growth, increasing its market presence across the U.S.

Recent financial performance shows a focus on improving operational efficiency and expanding its product offerings. The company has been investing in digital transformation to enhance customer experience and streamline loan processes. Its strategic initiatives aim to diversify revenue streams and maintain a strong position in the competitive consumer finance market.