Regional Management (Regional Management) Total Assets : $1,794.5 Mil (As of Dec. 2023)

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What is Regional Management Total Assets?

Regional Management's Total Assets for the quarter that ended in Dec. 2023 was $1,794.5 Mil.

During the past 12 months, Regional Management's average Total Assets Growth Rate was 4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 17.80% per year. During the past 5 years, the average Total Assets Growth Rate was 14.10% per year. During the past 10 years, the average Total Assets Growth Rate was 14.20% per year.

During the past 13 years, Regional Management's highest 3-Year average Total Assets Growth Rate was 30.10%. The lowest was 10.00%. And the median was 15.50%.

Total Assets is connected with ROA %. Regional Management's annualized ROA % for the quarter that ended in Dec. 2023 was -1.70%. Total Assets is also linked to Revenue through Asset Turnover. Regional Management's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Regional Management Total Assets Historical Data

The historical data trend for Regional Management's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Regional Management Total Assets Chart

Regional Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,158.54

1,103.86

1,459.66

1,724.99

1,794.53

Regional Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															1,724.99	1,701.11	1,723.62	1,765.34	1,794.53

Regional Management Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Regional Management's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	322.273	+	1472.254
	=	1,794.5

Regional Management's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	322.273	+	1472.254
	=	1,794.5

Regional Management (NYSE:RM) Total Assets Explanation

Total Assets is connected with ROA %.

Regional Management's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-30.296	/	( (1765.34	+	1794.527)	/ 2 )
	=	-30.296	/	1779.9335
	=	-1.70 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Regional Management's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	124.149	/	( (1765.34	+	1794.527)	/ 2 )
=	124.149	/	1779.9335
=	0.07

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Regional Management Total Assets Related Terms

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Regional Management (Regional Management) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Regional Management Corp (NYSE:RM) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

979 Batesville Road, Suite B, Greer, SC, USA, 29651

Website

https://www.regionalmanagement.com

Regional Management Corp is a diversified consumer finance company that provides installment loan products to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. It is engaged in consumer finance. The company has the core products which are small and large installment loans. The company also offers optional payment and collateral protection insurance. The company's principal source of revenue is interest and fee income on outstanding loans.

Executives

Roel C Campos	director	509 WEST BUTLER ROAD, GREENVILLE SC 29607
John D. Schachtel	officer: EVP and COO	979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Basswood Financial Fund, L.p.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Capital Management, L.l.c.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Financial Fund, Inc.	director, 10 percent owner, other: Director-by-Deputization	3RD FL., HARBOUR CENTRE, P.O. BOX 61, GEORGE TOWN E9 KY1-1102
Robert William Beck	officer: EVP and CFO	979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Sandra K. Johnson	director	979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Matthew A Lindenbaum	director, 10 percent owner	645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Opportunity Fund Inc	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVE, 10TH FL, NEW YORK NY 10017
Basswood Financial Long Only Fund, L.p.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FL., NEW YORK NY 10022
Jonathan David Brown	director	C/O BASSWOOD CAPITAL MANAGEMENT, 645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Partners, L.l.c.	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FL, NEW YORK NY 10022
Bennett D Lindenbaum	director, 10 percent owner, other: Director-by-Deputization	645 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022
Basswood Opportunity Partners, L.p.	director, 10 percent owner, other: Director-by-Deputization	BASSWOOD CAPITAL MANAGEMENT LLC, 645 MADISON AVENUE, NEW YORK NY 10022
Philip V Bancroft	director