COO Schachtel to Depart Regional Management
January 4, 2024
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Regional Management ($NYSE:RM) will be working hard to ensure a smooth transition of power and that all operations remain running smoothly.
Stock Price
On Wednesday, COO Schachtel announced his departure from REGIONAL MANAGEMENT. This news sent the company’s stock lower, with shares opening at $26.4 and closing at $24.9, a drop of 6.0% from the previous day’s closing price of $26.5. This news marks the end of COO Schachtel’s four-year tenure with the company, during which he has been instrumental in driving the company’s success and growth. The decision to depart was a difficult one for Schachtel, but he expressed confidence in the future of REGIONAL MANAGEMENT, saying that the company is “well-positioned for future success and that he believes in its vision and mission going forward”.
His departure raises questions about the direction of the company, with investors now closely watching the leadership team for signs of how operations are expected to be managed in Schachtel’s absence. It is too early to tell whether this news will have lingering effects on REGIONAL MANAGEMENT’s stock price or operations, but investors are certainly keeping a close eye on the company at this time. As the company moves forward without COO Schachtel, investors and analysts alike will be watching to see how the company responds to this significant change. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Regional Management. More…
| Total Revenues | Net Income | Net Margin |
| 476.95 | 25.92 | 5.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Regional Management. More…
| Operations | Investing | Financing |
| 229.63 | -447.29 | 205.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Regional Management. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.77k | 1.43k | 33.61 |
Key Ratios Snapshot
Some of the financial key ratios for Regional Management are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.4% | – | – |
| FCF Margin | ROE | ROA |
| 45.3% | 6.0% | 1.1% |
Analysis
GoodWhale conducted an analysis of REGIONAL MANAGEMENT‘s fundamentals and found that it is classified as a ‘rhino’, meaning that it has achieved moderate revenue or earnings growth. This type of company may be attractive to investors who are looking for a steady stream of growth and income, but who are not willing to take on significant risk. Our analysis found that REGIONAL MANAGEMENT is strong in terms of growth potential, medium in dividend payments, and weak in asset and profitability. It has an intermediate health score of 5/10, which suggests that it might be able to sustain future operations in times of crisis. Investors who are seeking steady, moderate returns may find this company appealing. More…
Peers
It offers personal loans, auto loans, and retail merchant financing products through its subsidiaries. The company was founded in 1987 and is headquartered in Greenville, South Carolina. RM’s competitors include Credito Real SAB de CV Sofom ER, Zuoli Kechuang Micro-finance Co Ltd, and Ceejay Finance Ltd.
– Credito Real SAB de CV Sofom ER ($SEHK:06866)
Zuoli Kechuang Micro-finance Co Ltd is a Chinese micro-finance company with a market cap of 354M as of 2022. The company has a Return on Equity of 5.39%. Zuoli Kechuang Micro-finance Co Ltd mainly provides loans to small businesses and individuals in China.
– Zuoli Kechuang Micro-finance Co Ltd ($BSE:530789)
Ceejay Finance Ltd is a publicly traded company with a market cap of 364.32M as of 2022. The company has a Return on Equity of 10.53%. Ceejay Finance Ltd is a provider of financial services. The company offers a range of services including lending, investment banking, and wealth management.
Summary
Regional Management Corp. (REG) has recently announced that Chief Operating Officer (COO) Schachtel will be leaving the company. Investors reacted adversely to the news, as the stock price of REG dropped on the same day. This may raise concerns among investors who are considering investing in REG, as a change in leadership can indicate a potential shift in company focus or strategy.
Nonetheless, investors should take into account the company’s past performance and analyze potential risks associated with any investment in REG before making a decision. It is important to weigh the potential risks against any potential long-term benefits the investment could bring.
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