Regional Management Q2 net income falls 19.6% to $8.2 million
Regional Management reported second-quarter 2026 results on July 29, 2026. Total revenue rose 6.7% to $168.0 million, but net income fell 19.6% to $8.2 million as the provision for credit losses and interest expense increased, though year-to-date net income rose 14.0%. The company also declared a $0.30 quarterly dividend, and CEO Lakhbir S. Lamba said the bank partnership with Column N.A. can materially change net income as the company moves into 2027.
Key points
- Q2 2026 net income was $8.2 million and diluted EPS was $0.85, down 19.6% and 17.5% year-over-year
- Total revenue was $168.0 million, up 6.7%; provision for credit losses was $69.0 million, up 13.9%
- Net credit loss rate was 12.2% versus 11.9% a year earlier; management said portfolio growth fell short of expectations
- Quarterly dividend of $0.30 per share is payable September 16, 2026 to holders of record on August 19, 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.