Regional Management Corp. Segments Disclosure
Note 19. Segment Reporting
The Company has one reportable segment: consumer finance. The Company allocates resources and assesses financial performance on a consolidated basis because its product offerings require similar technology and marketing strategies, and do not significantly
differ on the bases of geographic areas and/or related regulatory environments. The Company’s is the CODM and is responsible for allocating resources and assessing financial performance.
Consolidated net income is the measure used by the CODM in evaluating the segment profit or loss of the Company. The CODM either reviews or is otherwise regularly provided with amounts for the following measures in the Company’s financial results for the periods indicated:
|
|
Year Ended December 31, |
|
|||||||||
Dollars in thousands |
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Interest income |
|
$ |
537,555 |
|
|
$ |
491,308 |
|
|
$ |
454,856 |
|
Fee income |
|
|
41,394 |
|
|
|
37,586 |
|
|
|
34,842 |
|
Insurance income, net |
|
|
45,573 |
|
|
|
40,695 |
|
|
|
44,529 |
|
Other income |
|
|
21,076 |
|
|
|
18,914 |
|
|
|
17,172 |
|
Provision for credit losses |
|
|
245,432 |
|
|
|
212,200 |
|
|
|
220,034 |
|
Share-based compensation expense |
|
|
11,867 |
|
|
|
11,171 |
|
|
|
11,755 |
|
Depreciation and amortization expense |
|
|
10,517 |
|
|
|
9,186 |
|
|
|
8,218 |
|
Interest expense |
|
|
84,814 |
|
|
|
74,530 |
|
|
|
67,463 |
|
Income tax expense |
|
|
13,365 |
|
|
|
12,848 |
|
|
|
4,825 |
|
The following table presents the Company’s revenues from external customers for each significant product and service for the periods indicated:
|
|
Year Ended December 31, |
|
|||||||||
Dollars in thousands |
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
Large loans |
|
$ |
382,938 |
|
|
$ |
337,708 |
|
|
$ |
323,898 |
|
Small loans |
|
|
196,011 |
|
|
|
191,186 |
|
|
|
165,800 |
|
Interest and fee income |
|
|
578,949 |
|
|
|
528,894 |
|
|
|
489,698 |
|
Insurance income, net |
|
|
45,573 |
|
|
|
40,695 |
|
|
|
44,529 |
|
Other income |
|
|
21,076 |
|
|
|
18,914 |
|
|
|
17,172 |
|
Total revenue |
|
$ |
645,598 |
|
|
$ |
588,503 |
|
|
$ |
551,399 |
|
As part of the CODM’s review and evaluation process for allocating resources, the CODM is provided with consolidated expenses and total assets as noted on the face of the Company’s Consolidated Statements of Comprehensive Income and Consolidated Balance Sheets, respectively.
The Company’s balance sheet expenditures for long-lived assets either reviewed by the CODM or otherwise regularly provided to the CODM are included in the Company’s Consolidated Statements of Cash Flows. These expenditures are represented as “Purchases of intangible assets,” “Purchases of property and equipment,” and “Operating leases paid” within the referenced statements.
The Company operates in the consumer finance industry within the United States and, therefore, does not have any customer concentration or international operations. See Note 3, “Concentrations of Credit Risk,” for additional information regarding the risks relating to geographic concentration.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 20, 2026 | Showing above |
| 2024 | Feb 21, 2025 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.