Regional Management Corp 2024年度报告

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transion period fromtoCommission File Number:001-35477 Regional Management Corp. (Exact name of registrant as specified in its charter) Indicate by check mark if the registrant is not required tofile reports pursuant to Secon 13 or 15(d) of the Act.Yes☐No☒ Indicate by check mark whether the registrant (1) hasfiled all reports required to befiled by Secon 13 or 15(d) of the Securies Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required tofile such reports), and (2) has been subject to suchfiling requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submied electronically every Interacve Data File required to be submied pursuant to Rule 405 of Regulaon S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).Yes☒No☐ Indicate by check mark whether the registrant is a large acceleratedfiler, an acceleratedfiler, a non-acceleratedfiler, a smaller reporng company, or an emerging growthcompany. See the definions of “large acceleratedfiler,” “acceleratedfiler,” “smaller reporng company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large acceleratedfiler If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transion period for complying with any new or revisedfinancialaccounng standards provided pursuant to Secon 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant hasfiled a report on and aestaon to its management’s assessment of the effecveness of its internal control overfinancialreporng under Secon 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounngfirm that prepared or issued its audit report.☒ If securies are registered pursuant to Secon 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in thefiling reflect thecorrecon of an error to previously issuedfinancial statements.☐ Indicate by check mark whether any of those error correcons are restatements that required a recovery analysis of incenve-based compensaon received by any of theregistrant’s execuve officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).Yes☐No☒ As of June 28, 2024(the last business day of the registrant’s most recently completed secondfiscal quarter), the aggregate market value of the common stock held by non-affiliates of the registrant was $239,547,871based upon the closing sale price as reported on the New York Stock Exchange. See Part II, Item 5 of this Annual Report on Form10-K for addional informaon. As of February 19, 2025, there were9,831,461shares of the registrant’s common stock outstanding. Documents Incorporated by Reference Certain informaon required by Part III of this Annual Report on Form 10-K is incorporated herein by reference to the Proxy Statement for the registrant’s 2025 AnnualMeeng of Stockholders, which is expected to befiled pursuant to Regulaon 14A within 120 days aer the end of the registrant’sfiscal year endedDecember 31, 2024. REGIONAL MANAGEMENT CORP.ANNUAL REPORT ON FORM 10-KFiscal Year Ended December 31, 2024TABLE OF CONTENTS GLOSSARYFORWARD-LOOKING STATEMENTS PART I Item 1. BusinessItem 1A. Risk FactorsItem 1B. Unresolved StaffCommentsItem 1C. CybersecurityItem 2. ProperesItem 3. Legal ProceedingsItem 4. Mine Safety Disclosures PART II Item 5. Market for Registrant’s Common Equity, Related Stockholder Maers and Issuer Purchases of Equity Securies43Item 6. [Reserved]46Item 7. Management’s Discussion and Analysis of Financial Condion and Results of Operaons47Item 7A. Quantave and Qualitave Disclosures About Market Risk59Item 8. Financial Statements and Supplementary Data60Item 9. Changes in and Disagreements With Accountants on Accounng and Financial Disclosure99Item 9A. Controls and Procedures99Item 9B. Other Informaon100Item 9C. Disclosure Regarding Foreign Jurisdicons that Prevent Inspecons100 PART III PART IV GLOSSARY FORWARD-LOOKING STATEMENTS Each of the terms “Regional,” the “Company,” “we,” “us,” and “our” as used herein refers collecvely to RegionalManagement Corp. and its wholly owned subsidiaries, unless otherwise stated. This Annual Report on Form 10-K includes “forward-looking statements” within the meaning of the safe harbor provisions ofthe Private Securies Ligaon Reform Act of 1995, including, but not limited to, certain statements and disclosures contained inPart I, Item 1, “Business,” Part I, Item 1A, “Risk Factors,” and Part II, Item 7, “Management’s Discussion and Analysis of FinancialCondion and Results of Operaons.” These forward-looking stat