Regional Management (RM) investor relations material

Executive summary

• Net income reached $11.4M and diluted EPS was $1.18, up 69% and 69% year-over-year, respectively, driven by portfolio growth, revenue gains, and improved operating efficiency.

• Achieved record Q1 revenue of $167.3M, up 9.4% year-over-year, supported by higher average net receivables and portfolio growth.

• Operating expense ratio improved to an all-time low of 12.2%, down 180 bps year-over-year, despite investments in technology and branch expansion.

• Strategic initiatives advanced: market expansion (entry into Florida), auto-secured lending growth, bank partnership rollout, and digital originations.

• Continued disciplined investment in growth, technology, and digital capabilities, while maintaining strong capital generation and shareholder returns.

Financial highlights

• Net finance receivables grew to $2.1B, up 11.3% year-over-year.

• Return on equity improved to 12.2%, up 430 bps year-over-year; return on assets increased to 2.2%.

• Auto-secured portfolio expanded 37.7% year-over-year to $301M, now 14.3% of the total portfolio.

• Total originations were $388M, down 1.1% year-over-year due to tax refund season and disciplined underwriting.

• Revenue: $167.3M, a Q1 record, up 9.4% year-over-year.

Outlook and guidance

• Targeting full-year net income growth of 20–25% and ending net receivables growth of 10% year-over-year.

• Q2 net income expected to be the low point for the year due to seasonal tax refund impacts; stronger performance anticipated in Q3 and Q4.

• Net credit losses expected to remain seasonally elevated in Q2, then improve in the second half.

• Allowance rate expected to remain flat at 10.4% in Q2, subject to macroeconomic conditions.

• Strategic initiatives expected to contribute $1.5–$4.0M in net income benefit in the second half of 2026.