Regional Management Corp (RM) 2016年年度报告「NYSE」.pdf

1、2016 Annual ReportFiscal Year 2016 Form 10-KProxy Statement for the2017 Annual Meeting of StockholdersCelebrating 30 years serving the evolving financial needs of our customersRegional Management Corp.|2016 Annual Report|Fiscal Year 2016 Form 10-K|Proxy Statement for the 2017 Annual Meeting of Stock

2、holdersMarch 2017Dear Valued Stockholders:We were pleased with our strong 2016 financial and operating results,including the double-digit growth of our loan portfolio,our overall revenue,and our diluted earnings per share.Our loan portfolio grew by$89 million to$718 million,or 14%from the prior year

3、our second consecutive year of double-digit portfolio growth.Our core portfolio of small and large installment loans grew by 23%,led once again by a significant expansion in our large loan category.Revenues of$241 million in 2016 were up 11%from 2015,and at the same time,we kept operating expenses r

4、elatively stable despite the expenditures associated with our transition to a new loan origination and servicing platform.On the bottom line,our net income for 2016 was$24 million and our diluted EPS was$1.99,an increase of 3%and 11%,respectively,from our 2015 results.We continued to execute success

5、fully against our large loan strategy in 2016.When we implemented the strategy during the fourth quarter of 2014,large loans comprised only 8%of our overall portfolio.In just over two years,we have more than quintupled the size of our large loan portfolio.Our large loan strategy has been critical to

6、 our transformation,with the large loan portfolio comprising 33%of our total receivables at year-end.We expect the growth to continue in 2017 as a result of substantially better targeting and segmentation in our direct mail programs,increased marketing support,and a hybrid growth plan that combines