Regional Management (FRA:46F) Credit Losses Provision : €203.6 Mil (As of Jun. 2024)

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What is Regional Management Credit Losses Provision?

Regional Management's credit losses provision for the three months ended in Jun. 2024 was €50.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2024 was €203.6 Mil.

Regional Management's quarterly credit losses provision declined from Dec. 2023 (€63.2 Mil) to Mar. 2024 (€42.7 Mil) but then increased from Mar. 2024 (€42.7 Mil) to Jun. 2024 (€50.0 Mil).

Regional Management's annual credit losses provision increased from Dec. 2021 (€78.8 Mil) to Dec. 2022 (€174.7 Mil) and increased from Dec. 2022 (€174.7 Mil) to Dec. 2023 (€201.8 Mil).

Regional Management Credit Losses Provision Historical Data

The historical data trend for Regional Management's Credit Losses Provision 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 Credit Losses Provision Chart

Regional Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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89.65

101.77

78.78

174.75

201.77

Regional Management Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Credit Losses Provision	Get a 7-Day Free Trial															48.51	47.72	63.17	42.71	49.98

Regional Management Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €203.6 Mil.

Regional Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Regional Management Corp (FRA:46F) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

RM:USA

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.

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