EX-99.1 5 rm-ex99_1.htm EX-99.1

Exhibit 99.1

Regional Management Corp. Announces Third Quarter 2025 Results

- Net income of $14.4 million and diluted earnings per share of $1.42, up 87% year-over-year -

- Record originations and 12.8% year-over-year portfolio growth drive record revenue -

- Net credit loss rate of 10.2%, an improvement of 40 basis points year-over-year -

- Annualized operating expense ratio of 12.8%, an all-time best -

- Increases authorization under stock repurchase program from $30 million to $60 million -

Greenville, South Carolina – November 5, 2025 – Regional Management Corp. (NYSE: RM), a diversified consumer finance company, today announced results for the third quarter ended September 30, 2025.

“Building on our strong second-quarter momentum, we delivered another outstanding performance in the third quarter,” said Robert W. Beck, President and Chief Executive Officer of Regional Management Corp. “We achieved net income of $14.4 million and diluted EPS of $1.42 — an 87% year-over-year improvement — and crossed the $2 billion milestone in ending net receivables for the first time in our company’s history. Total revenue reached a record $165 million, while our operating expense ratio improved to an all-time best 12.8%.”

“Our success reflects disciplined execution of our growth strategies, strong credit management, and continued investment in technology and analytics,” added Mr. Beck. “Total originations hit another record, up 23% from prior year, and our auto-secured portfolio grew 41% year-over-year, demonstrating healthy consumer demand. We are also seeing notable improvements in credit performance across our portfolio, as our net credit loss rate improved 40 basis points year-over-year.”

“At the same time, we have maintained expense discipline, with revenue growth outpacing G&A expense growth by 12 times, even as we invest in innovation and new branches,” continued Mr. Beck. “Our consistent capital generation has supported $26 million in shareholder returns through dividends and share repurchases year-to-date. Based on the strength of our balance sheet, excess capital, and ability to generate income, our Board of Directors increased our authorization under our stock repurchase program from $30 million to $60 million.”

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“Looking ahead, we are confident in our position and strategy,” added Mr. Beck. “We plan to open additional branches in Louisiana and California before year-end and to enter one to two new states in 2026. We remain focused on expanding our high-quality, auto-secured and higher-margin small-loan portfolios, enhancing our data and analytic capabilities, and delivering consistent value to shareholders. With a healthy balance sheet and a larger $60 million share repurchase authorization, we are well-positioned to sustain strong performance and long-term growth.”

Third Quarter 2025 Highlights

•
Net income for the third quarter of 2025 was $14.4 million and diluted earnings per share was $1.42, up 87.3% and 86.8% year-over-year, respectively.

•
Net finance receivables as of September 30, 2025 were a record $2.1 billion, an improvement of $233.3 million, or 12.8%, from the prior-year period, driven by strong performance from the digital channel, receivables growth in 16 new branches opened since the third quarter of 2024, and strong execution of the company’s barbell strategy, which balances growth in higher-quality, auto-secured products with growth in the higher-margin small loan portfolio.

o
Record total originations of $522.3 million, up 22.5% from the prior-year period, while maintaining conservative underwriting criteria.

o
Large loan net finance receivables of $1.5 billion increased $218.7 million, or 16.9%, from the prior-year period and represented 73.7% of the total loan portfolio, compared to 71.1% in the prior-year period.

▪
Auto-secured net finance receivables of $275.4 million increased $79.6 million, or 40.6%, from the prior-year period and represented 13.4% of the total loan portfolio, compared to 10.8% in the prior-year period.

o
Small loan net finance receivables of $540.9 million increased $14.5 million, or 2.8%, from the prior-year period and represented 26.3% of the total loan portfolio, compared to 28.9% in the prior-year period.

o
Net finance receivables with annual percentage rates (APRs) above 36% increased by 12.9% year-over-year and represent 17.8% of the portfolio, consistent with the prior-year period.

o
Customer accounts improved by 5.0% from the prior-year period.

•
Record quarterly total revenue of $165.5 million, an increase of $19.1 million, or 13.1%, from the prior-year period, primarily due to growth in average net finance receivables.

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o
Total revenue yield for the third quarter of 2025 was 33.1%, compared to 32.6% in the prior-year period, an improvement of 50 basis points. The prior-year period was inclusive of lower revenue from personal property insurance claims and reserves associated with hurricane activity, negatively impacting the prior-year period total revenue yield by 80 basis points. Due to product mix shift to large loans, total revenue yield for the third quarter 2025 was 30 basis points lower year-over-year after adjusting for the prior-year hurricane impact.

o
Interest and fee yield decreased 20 basis points from the prior-year period due to product mix shift to large loans.

•
Provision for credit losses for the third quarter of 2025 was $60.5 million, an increase of $6.1 million, or 11.3%, from the prior-year period, driven by portfolio growth.

o
The net credit loss rate (annualized net credit losses as a percentage of average net finance receivables) for the third quarter of 2025 was 10.2%, a 40 basis point improvement compared to 10.6% in the prior-year period, due to credit tightening, effective portfolio management, and product mix.

o
The provision for credit losses for the third quarter of 2025 included a sequential reserve increase of $9.2 million, primarily due to portfolio growth occurring during the third quarter of 2025.

o
The allowance for credit losses was $212.0 million as of September 30, 2025, or 10.3% of net finance receivables, stable sequentially and an improvement compared to 10.6% in the prior-year period, which included an estimated 20 basis points related to prior-year hurricane activity.

•
As of September 30, 2025, 30+ day contractual delinquencies totaled $144.3 million, or 7.0% of net finance receivables, a 40 basis point seasonal increase sequentially and a 10 basis point increase from the prior-year period. The 30+ day contractual delinquency rate improved 30 basis points year-over-year after adjusting for the impact in the prior year of special borrower assistance programs associated with hurricane activity.

o
The delinquency rate of the large loan portfolio was 5.7% as of the end of the third quarter of 2025, a 20 basis point improvement from the prior-year period and a 60 basis point improvement from the prior-year period after adjusting for the prior-year hurricane impact.

o
The delinquency rate of the small loan portfolio was 10.8% as of the end of the third quarter of 2025, a 140 basis point increase from the prior-year period and a 90 basis point increase from the prior-year period after adjusting for the prior-year hurricane impact, reflecting faster growth in the higher-margin portfolio in 2024 compared to 2025.

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•
General and administrative expenses for the third quarter of 2025 were $64.1 million, an increase of $1.6 million from the prior-year period. The operating expense ratio (annualized general and administrative expenses as a percentage of average net finance receivables) for the third quarter of 2025 was 12.8%, an all-time best despite investment in innovation and growth. The ratio reflected improvements of 40 basis points and 110 basis points from 13.2% and 13.9% in the prior-quarter and prior-year periods, respectively. Revenue growth outpaced G&A expense growth by 12x in the third quarter.

•
In the third quarter of 2025, the company repurchased 153,552 shares of its common stock at a weighted-average price of $32.56 per share under the company's stock repurchase program.

Fourth Quarter 2025 Dividend and Increase in Stock Repurchase Program Authorization

The company’s Board of Directors has declared a dividend of $0.30 per common share for the fourth quarter of 2025. The dividend will be paid on December 16, 2025 to shareholders of record as of the close of business on November 25, 2025. The declaration and payment of any future dividend is subject to the discretion of the Board of Directors and will depend on a variety of factors, including the company’s financial condition and results of operations.

In addition, the company’s Board of Directors has approved a $30 million increase in the amount authorized under the stock repurchase program announced in December 2024, from $30 million to $60 million. The authorization is effective immediately and will continue through June 30, 2027. As of the end of October 2025, the company had repurchased $23.5 million of stock under the $60 million stock repurchase program.

Share repurchases under the stock repurchase program may be made in the open market at prevailing market prices, through privately negotiated transactions, or through other structures in accordance with applicable federal securities laws, at times and in amounts as management deems appropriate. The timing and the amount of any common stock repurchases will be determined by the company’s management based on its evaluation of market conditions, the company’s liquidity needs, legal and contractual requirements and restrictions (including covenants in the company’s credit agreements), share price, and other factors. Repurchases of common stock may be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when the company might otherwise be precluded from doing so under insider trading laws. The repurchase program does not obligate the company to purchase any particular number of shares and may be suspended, modified, or discontinued at any time without prior notice.

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Liquidity and Capital Resources

As of September 30, 2025, the company had net finance receivables of $2.1 billion and debt of $1.6 billion. The debt consisted of:

•
$196.2 million on the company’s $355 million senior revolving credit facility,
•
$186.2 million on the company’s aggregate $425 million revolving warehouse credit facilities, and
•
$1.2 billion through the company’s asset-backed securitizations.

As of September 30, 2025, the company’s unused capacity to fund future growth on its revolving credit facilities (subject to the borrowing base) was $400 million, or 51.3%, and the company had available liquidity of $155.4 million, including unrestricted cash on hand and immediate availability to draw down cash from its revolving credit facilities. As of September 30, 2025, the company’s fixed-rate debt as a percentage of total debt was 76%, with a weighted-average coupon of 4.6% and a weighted-average revolving duration of 1.1 years.

In October, the company closed a $253 million asset-backed securitization transaction at a weighted-average coupon of 4.8%, a 50-basis point improvement over the company’s first quarter 2025 securitization transaction. The Class A notes of the securitization received a top rating of “AAA” from Standard & Poor’s and Morningstar DBRS. The company used a portion of the proceeds from the securitization to pay down variable rate debt facilities, as well as fully pay off the remaining notes from its RMIT 2021-1 securitization. Following the closing of the October securitization, fixed-rate debt represented 89% of total debt, with a weighted-average coupon of 4.7% and a weighted-average revolving duration of 1.2 years.

The company had a funded debt-to-equity ratio of 4.3 to 1.0 and a stockholders’ equity ratio of 18.3%, each as of September 30, 2025. On a non-GAAP basis, the company had a funded debt-to-tangible equity ratio of 4.6 to 1.0, as of September 30, 2025. Please refer to the reconciliations of non-GAAP measures to comparable GAAP measures included at the end of this press release.

Conference Call Information

Regional Management Corp. will host a conference call and webcast today at 5:00 PM ET to discuss these results.

The dial-in number for the conference call is (877) 407-0752 (toll-free) or (201) 389-0912 (international). Please dial the number 10 minutes prior to the scheduled start time.

*** A supplemental slide presentation will be made available on Regional’s website prior to the earnings call at www.RegionalManagement.com. ***

In addition, a live webcast of the conference call will be available on Regional’s website at www.RegionalManagement.com.

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A webcast replay of the call will be available at www.RegionalManagement.com for one year following the call.

About Regional Management Corp.

Regional Management Corp. (NYSE: RM) is a diversified consumer finance company that provides attractive, easy-to-understand installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders. Regional Management operates under the name “Regional Finance” online and in branch locations in 19 states across the United States. Most of its loan products are secured, and each is structured on a fixed-rate, fixed-term basis with fully amortizing equal monthly installment payments, repayable at any time without penalty. Regional Management sources loans through its multiple channel platform, which includes branches, centrally managed direct mail campaigns, digital partners, and its consumer website. For more information, please visit www.RegionalManagement.com.

Forward-Looking Statements

This press release may contain various “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact but instead represent Regional Management Corp.’s expectations or beliefs concerning future events. Forward-looking statements include, without limitation, statements concerning financial outlooks or future plans, objectives, goals, projections, strategies, events, or performance, and underlying assumptions and other statements related thereto. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “outlook,” and similar expressions may be used to identify these forward-looking statements. Such forward-looking statements speak only as of the date on which they were made and are about matters that are inherently subject to risks and uncertainties, many of which are outside of the control of Regional Management. As a result, actual performance and results may differ materially from those contemplated by these forward-looking statements. Therefore, investors should not place undue reliance on forward-looking statements.

Factors that could cause actual results or performance to differ from the expectations expressed or implied in forward-looking statements include, but are not limited to, the following: managing growth effectively, implementing Regional Management’s growth strategy, and opening new branches as planned; Regional Management’s convenience check strategy; Regional Management’s policies and procedures for underwriting, processing, and servicing loans; Regional Management’s ability to collect on its loan portfolio; Regional Management’s insurance operations; exposure to credit risk and repayment risk, which risks may increase in light of adverse or recessionary economic conditions; the implementation of evolving underwriting models and processes, including as to the effectiveness of Regional Management's custom scorecards; changes in the competitive environment in which Regional Management operates or a decrease in the demand for its products; the geographic concentration of Regional Management’s loan portfolio; the failure of third-party service providers, including those providing information technology products; changes in economic conditions in the markets Regional Management serves, including levels of unemployment and bankruptcies; impacts of a prolonged U.S. federal

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government shutdown; the ability to achieve successful acquisitions and strategic alliances; the ability to make technological improvements as quickly as competitors; security breaches, cyber-attacks, failures in information systems, or fraudulent activity; the ability to originate loans; reliance on information technology resources and providers, including the risk of prolonged system outages; changes in current revenue and expense trends, including trends affecting delinquencies and credit losses; any future public health crises, including the impact of such crisis on our operations and financial condition; changes in operating and administrative expenses; the departure, transition, or replacement of key personnel; the ability to timely and effectively implement, transition to, and maintain the necessary information technology systems, infrastructure, processes, and controls to support Regional Management’s operations and initiatives; changes in interest rates; existing sources of liquidity may become insufficient or access to these sources may become unexpectedly restricted; exposure to financial risk due to asset-backed securitization transactions; risks related to regulation and legal proceedings, including changes in laws or regulations or in the interpretation or enforcement of laws or regulations; changes in accounting standards, rules, and interpretations and the failure of related assumptions and estimates; the impact of changes in tax laws and guidance, including the timing and amount of revenues that may be recognized; risks related to the ownership of Regional Management’s common stock, including volatility in the market price of shares of Regional Management’s common stock; the timing and amount of future cash dividend payments; and anti-takeover provisions in Regional Management’s charter documents and applicable state law.

The foregoing factors and others are discussed in greater detail in Regional Management’s filings with the Securities and Exchange Commission. Regional Management will not update or revise forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events or the non-occurrence of anticipated events, whether as a result of new information, future developments, or otherwise, except as required by law. Regional Management is not responsible for changes made to this document by wire services or Internet services.

Contact

Investor Relations

Garrett Edson, (203) 682-8331

investor.relations@regionalmanagement.com

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Regional Management Corp. and Subsidiaries

Consolidated Statements of Income

(Unaudited)

(dollars in thousands, except per share amounts)

|  |  |  |  | Better (Worse) |  |  |  |  |  | Better (Worse) |
| 3Q 25 |  | 3Q 24 |  | $ |  | % |  | YTD 25 |  | YTD 24 |  | $ |  | % |
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest and fee income | $ | 148,672 |  | $ | 133,932 |  | $ | 14,740 |  |  | 11.0 | % | $ | 425,920 |  | $ | 390,648 |  | $ | 35,272 |  |  | 9.0 | %
Insurance income, net |  | 11,391 |  |  | 7,422 |  |  | 3,969 |  |  | 53.5 | % |  | 34,187 |  |  | 28,903 |  |  | 5,284 |  |  | 18.3 | %
Other income |  | 5,424 |  |  | 4,984 |  |  | 440 |  |  | 8.8 | % |  | 15,789 |  |  | 14,120 |  |  | 1,669 |  |  | 11.8 | %
Total revenue |  | 165,487 |  |  | 146,338 |  |  | 19,149 |  |  | 13.1 | % |  | 475,896 |  |  | 433,671 |  |  | 42,225 |  |  | 9.7 | %
Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Provision for credit losses |  | 60,474 |  |  | 54,349 |  |  | (6,125 | ) |  | (11.3 | )% |  | 179,053 |  |  | 154,574 |  |  | (24,479 | ) |  | (15.8 | )%
Personnel |  | 39,517 |  |  | 38,323 |  |  | (1,194 | ) |  | (3.1 | )% |  | 119,243 |  |  | 113,240 |  |  | (6,003 | ) |  | (5.3 | )%
Occupancy |  | 7,160 |  |  | 6,551 |  |  | (609 | ) |  | (9.3 | )% |  | 20,977 |  |  | 19,075 |  |  | (1,902 | ) |  | (10.0 | )%
Marketing |  | 4,212 |  |  | 5,078 |  |  | 866 |  |  | 17.1 | % |  | 14,677 |  |  | 14,229 |  |  | (448 | ) |  | (3.1 | )%
Other |  | 13,179 |  |  | 12,516 |  |  | (663 | ) |  | (5.3 | )% |  | 38,159 |  |  | 36,508 |  |  | (1,651 | ) |  | (4.5 | )%
Total general and administrative |  | 64,068 |  |  | 62,468 |  |  | (1,600 | ) |  | (2.6 | )% |  | 193,056 |  |  | 183,052 |  |  | (10,004 | ) |  | (5.5 | )%
Interest expense |  | 21,971 |  |  | 19,356 |  |  | (2,615 | ) |  | (13.5 | )% |  | 62,168 |  |  | 54,725 |  |  | (7,443 | ) |  | (13.6 | )%
Income before income taxes |  | 18,974 |  |  | 10,165 |  |  | 8,809 |  |  | 86.7 | % |  | 41,619 |  |  | 41,320 |  |  | 299 |  |  | 0.7 | %
Income taxes |  | 4,618 |  |  | 2,502 |  |  | (2,116 | ) |  | (84.6 | )% |  | 10,116 |  |  | 10,007 |  |  | (109 | ) |  | (1.1 | )%
Net income | $ | 14,356 |  | $ | 7,663 |  | $ | 6,693 |  |  | 87.3 | % | $ | 31,503 |  | $ | 31,313 |  | $ | 190 |  |  | 0.6 | %
Net income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 1.53 |  | $ | 0.79 |  | $ | 0.74 |  |  | 93.7 | % | $ | 3.32 |  | $ | 3.25 |  | $ | 0.07 |  |  | 2.2 | %
Diluted | $ | 1.42 |  | $ | 0.76 |  | $ | 0.66 |  |  | 86.8 | % | $ | 3.15 |  | $ | 3.16 |  | $ | (0.01 | ) |  | (0.3 | )%
Weighted-average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | 9,370 |  |  | 9,683 |  |  | 313 |  |  | 3.2 | % |  | 9,493 |  |  | 9,622 |  |  | 129 |  |  | 1.3 | %
Diluted |  | 10,133 |  |  | 10,090 |  |  | (43 | ) |  | (0.4 | )% |  | 10,000 |  |  | 9,900 |  |  | (100 | ) |  | (1.0 | )%
Return on average assets (annualized) |  | 2.9 | % |  | 1.7 | % |  |  |  |  |  | 2.2 | % |  | 2.3 | % |  |  |  |
Return on average equity (annualized) |  | 15.6 | % |  | 8.7 | % |  |  |  |  |  | 11.7 | % |  | 12.3 | % |  |  |  |

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Regional Management Corp. and Subsidiaries

Consolidated Balance Sheets

(Unaudited)

(dollars in thousands, except par value amounts)

|  |  |  |  | Increase (Decrease) |
| 3Q 25 |  | 3Q 24 |  | $ |  | % |
Assets |  |  |  |  |  |  |  |
Cash | $ | 4,084 |  | $ | 4,745 |  | $ | (661 | ) |  | (13.9 | )%
Net finance receivables |  | 2,053,017 |  |  | 1,819,756 |  |  | 233,261 |  |  | 12.8 | %
Unearned insurance premiums |  | (50,987 | ) |  | (46,508 | ) |  | (4,479 | ) |  | (9.6 | )%
Allowance for credit losses |  | (212,000 | ) |  | (192,100 | ) |  | (19,900 | ) |  | (10.4 | )%
Net finance receivables, less unearned insurance premiums and allowance for credit losses |  | 1,790,030 |  |  | 1,581,148 |  |  | 208,882 |  |  | 13.2 | %
Restricted cash |  | 104,459 |  |  | 115,576 |  |  | (11,117 | ) |  | (9.6 | )%
Lease assets |  | 40,782 |  |  | 37,229 |  |  | 3,553 |  |  | 9.5 | %
Intangible assets |  | 30,385 |  |  | 22,250 |  |  | 8,135 |  |  | 36.6 | %
Restricted available-for-sale investments |  | 22,344 |  |  | 21,727 |  |  | 617 |  |  | 2.8 | %
Property and equipment |  | 12,996 |  |  | 13,425 |  |  | (429 | ) |  | (3.2 | )%
Deferred tax assets, net |  | 587 |  |  | 11,833 |  |  | (11,246 | ) |  | (95.0 | )%
Other assets |  | 22,599 |  |  | 13,898 |  |  | 8,701 |  |  | 62.6 | %
Total assets | $ | 2,028,266 |  | $ | 1,821,831 |  | $ | 206,435 |  |  | 11.3 | %
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |
Debt | $ | 1,581,992 |  | $ | 1,395,892 |  | $ | 186,100 |  |  | 13.3 | %
Unamortized debt issuance costs |  | (7,521 | ) |  | (4,645 | ) |  | (2,876 | ) |  | (61.9 | )%
Net debt |  | 1,574,471 |  |  | 1,391,247 |  |  | 183,224 |  |  | 13.2 | %
Lease liabilities |  | 42,906 |  |  | 39,350 |  |  | 3,556 |  |  | 9.0 | %
Other liabilities |  | 38,971 |  |  | 38,306 |  |  | 665 |  |  | 1.7 | %
Total liabilities |  | 1,656,348 |  |  | 1,468,903 |  |  | 187,445 |  |  | 12.8 | %
Stockholders’ equity: |  |  |  |  |  |  |  |
Preferred stock ($0.10 par value, 100,000 shares authorized, none issued or outstanding) |  | — |  |  | — |  |  | — |  |  | — |
Common stock ($0.10 par value, 1,000,000 shares authorized, 15,220 shares issued and 9,803 shares outstanding at September 30, 2025 and 14,971 shares issued and 10,164 shares outstanding at September 30, 2024) |  | 1,522 |  |  | 1,497 |  |  | 25 |  |  | 1.7 | %
Additional paid-in capital |  | 139,868 |  |  | 129,936 |  |  | 9,932 |  |  | 7.6 | %
Retained earnings |  | 400,844 |  |  | 371,725 |  |  | 29,119 |  |  | 7.8 | %
Accumulated other comprehensive loss |  | (10 | ) |  | (87 | ) |  | 77 |  |  | 88.5 | %
Treasury stock (5,417 shares at September 30, 2025 and 4,807 shares at September 30, 2024) |  | (170,306 | ) |  | (150,143 | ) |  | (20,163 | ) |  | (13.4 | )%
Total stockholders’ equity |  | 371,918 |  |  | 352,928 |  |  | 18,990 |  |  | 5.4 | %
Total liabilities and stockholders’ equity | $ | 2,028,266 |  | $ | 1,821,831 |  | $ | 206,435 |  |  | 11.3 | %

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Regional Management Corp. and Subsidiaries

Selected Financial Data

(Unaudited)

(dollars in thousands, except per share amounts)

|  | Net Finance Receivables |
|  | 3Q 25 |  |  | 2Q 25 |  |  | QoQ $ Inc (Dec) |  |  | QoQ % Inc (Dec) |  |  | 3Q 24 |  |  | YoY $ Inc (Dec) |  |  | YoY % Inc (Dec) |
Large loans |  | $ | 1,512,140 |  |  | $ | 1,413,367 |  |  | $ | 98,773 |  |  |  | 7.0 | % |  | $ | 1,293,410 |  |  | $ | 218,730 |  |  |  | 16.9 | %
Small loans |  |  | 540,877 |  |  |  | 546,997 |  |  |  | (6,120 | ) |  |  | (1.1 | )% |  |  | 526,346 |  |  |  | 14,531 |  |  |  | 2.8 | %
Total |  | $ | 2,053,017 |  |  | $ | 1,960,364 |  |  | $ | 92,653 |  |  |  | 4.7 | % |  | $ | 1,819,756 |  |  | $ | 233,261 |  |  |  | 12.8 | %
Number of branches |  |  | 349 |  |  |  | 352 |  |  |  | (3 | ) |  |  | (0.9 | )% |  |  | 340 |  |  |  | 9 |  |  |  | 2.6 | %
Net finance receivables per branch |  | $ | 5,883 |  |  | $ | 5,569 |  |  | $ | 314 |  |  |  | 5.6 | % |  | $ | 5,352 |  |  | $ | 531 |  |  |  | 9.9 | %

|  | Average Net Finance Receivables |
|  | 3Q 25 |  |  | 2Q 25 |  |  | QoQ $ Inc (Dec) |  |  | QoQ % Inc (Dec) |  |  | 3Q 24 |  |  | YoY $ Inc (Dec) |  |  | YoY % Inc (Dec) |
Large loans |  | $ | 1,460,187 |  |  | $ | 1,372,783 |  |  | $ | 87,404 |  |  |  | 6.4 | % |  | $ | 1,279,720 |  |  | $ | 180,467 |  |  |  | 14.1 | %
Small loans |  |  | 541,201 |  |  |  | 540,106 |  |  |  | 1,095 |  |  |  | 0.2 | % |  |  | 513,089 |  |  |  | 28,112 |  |  |  | 5.5 | %
Total |  | $ | 2,001,388 |  |  | $ | 1,912,889 |  |  | $ | 88,499 |  |  |  | 4.6 | % |  | $ | 1,792,809 |  |  | $ | 208,579 |  |  |  | 11.6 | %

|  | Revenue Yields (1) |
|  | 3Q 25 |  |  | 2Q 25 |  |  | QoQ Inc (Dec) |  |  | 3Q 24 |  |  | YoY Inc (Dec) |
Large loans |  |  | 27.1 | % |  |  | 26.6 | % |  |  | 0.5 | % |  |  | 26.7 | % |  |  | 0.4 | %
Small loans |  |  | 36.7 | % |  |  | 36.5 | % |  |  | 0.2 | % |  |  | 37.8 | % |  |  | (1.1 | )%
Total interest and fee yield |  |  | 29.7 | % |  |  | 29.4 | % |  |  | 0.3 | % |  |  | 29.9 | % |  |  | (0.2 | )%
Total revenue yield |  |  | 33.1 | % |  |  | 32.9 | % |  |  | 0.2 | % |  |  | 32.6 | % |  |  | 0.5 | %

(1) Annualized as a percentage of average net finance receivables.

|  | Components of Increase in Interest and Fee Income |
|  | 3Q 25 Compared to 3Q 24 |
|  | Increase (Decrease) |
|  | Volume |  |  | Rate |  |  | Volume & Rate |  |  | Total |
Large loans |  | $ | 12,056 |  |  | $ | 1,242 |  |  | $ | 176 |  |  | $ | 13,474 |
Small loans |  |  | 2,654 |  |  |  | (1,316 | ) |  |  | (72 | ) |  |  | 1,266 |
Product mix |  |  | 872 |  |  |  | (680 | ) |  |  | (192 | ) |  |  | — |
Total |  | $ | 15,582 |  |  | $ | (754 | ) |  | $ | (88 | ) |  | $ | 14,740 |

10

|  | Loans Originated (1) |
|  | 3Q 25 |  |  | 2Q 25 |  |  | QoQ $ Inc (Dec) |  |  | QoQ % Inc (Dec) |  |  | 3Q 24 |  |  | YoY $ Inc (Dec) |  |  | YoY % Inc (Dec) |
Large loans |  | $ | 363,055 |  |  | $ | 336,473 |  |  | $ | 26,582 |  |  |  | 7.9 | % |  | $ | 251,563 |  |  | $ | 111,492 |  |  |  | 44.3 | %
Small loans |  |  | 159,210 |  |  |  | 173,856 |  |  |  | (14,646 | ) |  |  | (8.4 | )% |  |  | 174,632 |  |  |  | (15,422 | ) |  |  | (8.8 | )%
Total |  | $ | 522,265 |  |  | $ | 510,329 |  |  | $ | 11,936 |  |  |  | 2.3 | % |  | $ | 426,195 |  |  | $ | 96,070 |  |  |  | 22.5 | %

(1) Represents the principal balance of loan originations and refinancings.

|  | Other Key Metrics |
|  | 3Q 25 |  |  | 2Q 25 |  |  | 3Q 24 |
Net credit losses |  | $ | 51,274 |  |  | $ | 56,887 |  |  | $ | 47,649 |
Percentage of average net finance receivables (annualized) |  |  | 10.2 | % |  |  | 11.9 | % |  |  | 10.6 | %
Provision for credit losses |  | $ | 60,474 |  |  | $ | 60,587 |  |  | $ | 54,349 |
Percentage of average net finance receivables (annualized) |  |  | 12.1 | % |  |  | 12.7 | % |  |  | 12.1 | %
Percentage of total revenue |  |  | 36.5 | % |  |  | 38.5 | % |  |  | 37.1 | %
General and administrative expenses |  | $ | 64,068 |  |  | $ | 62,945 |  |  | $ | 62,468 |
Percentage of average net finance receivables (annualized) |  |  | 12.8 | % |  |  | 13.2 | % |  |  | 13.9 | %
Percentage of total revenue |  |  | 38.7 | % |  |  | 40.0 | % |  |  | 42.7 | %
Same store results (1): |  |  |  |  |  |  |  |  |
Net finance receivables at period-end |  | $ | 2,000,665 |  |  | $ | 1,915,667 |  |  | $ | 1,815,187 |
Net finance receivable growth rate |  |  | 9.9 | % |  |  | 8.1 | % |  |  | 3.7 | %
Number of branches in calculation |  |  | 333 |  |  |  | 335 |  |  |  | 337 |

(1) Same store sales reflect the change in year-over-year sales for the comparable branch base. The comparable branch base includes those branches open for at least one year.

|  | Contractual Delinquency |
|  | 3Q 25 |  |  | 2Q 25 |  |  | 3Q 24 |
Allowance for credit losses |  | $ | 212,000 |  |  |  | 10.3 | % |  | $ | 202,800 |  |  |  | 10.3 | % |  | $ | 192,100 |  |  |  | 10.6 | %
Current |  |  | 1,740,356 |  |  |  | 84.8 | % |  |  | 1,672,027 |  |  |  | 85.3 | % |  |  | 1,529,171 |  |  |  | 84.1 | %
1 to 29 days past due |  |  | 168,380 |  |  |  | 8.2 | % |  |  | 158,951 |  |  |  | 8.1 | % |  |  | 164,568 |  |  |  | 9.0 | %
Delinquent accounts: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
30 to 59 days |  |  | 40,100 |  |  |  | 1.9 | % |  |  | 35,362 |  |  |  | 1.8 | % |  |  | 35,300 |  |  |  | 1.9 | %
60 to 89 days |  |  | 31,914 |  |  |  | 1.6 | % |  |  | 28,949 |  |  |  | 1.5 | % |  |  | 27,704 |  |  |  | 1.5 | %
90 to 119 days |  |  | 26,304 |  |  |  | 1.2 | % |  |  | 22,348 |  |  |  | 1.1 | % |  |  | 23,964 |  |  |  | 1.4 | %
120 to 149 days |  |  | 23,722 |  |  |  | 1.2 | % |  |  | 21,625 |  |  |  | 1.1 | % |  |  | 22,544 |  |  |  | 1.2 | %
150 to 179 days |  |  | 22,241 |  |  |  | 1.1 | % |  |  | 21,102 |  |  |  | 1.1 | % |  |  | 16,505 |  |  |  | 0.9 | %
Total delinquency |  | $ | 144,281 |  |  |  | 7.0 | % |  | $ | 129,386 |  |  |  | 6.6 | % |  | $ | 126,017 |  |  |  | 6.9 | %
Total net finance receivables |  | $ | 2,053,017 |  |  |  | 100.0 | % |  | $ | 1,960,364 |  |  |  | 100.0 | % |  | $ | 1,819,756 |  |  |  | 100.0 | %
1 day and over past due |  | $ | 312,661 |  |  |  | 15.2 | % |  | $ | 288,337 |  |  |  | 14.7 | % |  | $ | 290,585 |  |  |  | 15.9 | %

|  | Contractual Delinquency by Product |
|  | 3Q 25 |  |  | 2Q 25 |  |  | 3Q 24 |
Large loans |  | $ | 85,865 |  |  |  | 5.7 | % |  | $ | 76,690 |  |  |  | 5.4 | % |  | $ | 76,435 |  |  |  | 5.9 | %
Small loans |  |  | 58,416 |  |  |  | 10.8 | % |  |  | 52,696 |  |  |  | 9.6 | % |  |  | 49,582 |  |  |  | 9.4 | %
Total |  | $ | 144,281 |  |  |  | 7.0 | % |  | $ | 129,386 |  |  |  | 6.6 | % |  | $ | 126,017 |  |  |  | 6.9 | %

11

| Income Statement Quarterly Trend |
| 3Q 24 |  | 4Q 24 |  | 1Q 25 |  | 2Q 25 |  | 3Q 25 |  | QoQ $ B(W) |  | YoY $ B(W) |
Revenue |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest and fee income | $ | 133,932 |  | $ | 138,246 |  | $ | 136,553 |  | $ | 140,695 |  | $ | 148,672 |  | $ | 7,977 |  | $ | 14,740 |
Insurance income, net |  | 7,422 |  |  | 11,792 |  |  | 11,297 |  |  | 11,499 |  |  | 11,391 |  |  | (108 | ) |  | 3,969 |
Other income |  | 4,984 |  |  | 4,794 |  |  | 5,117 |  |  | 5,248 |  |  | 5,424 |  |  | 176 |  |  | 440 |
Total revenue |  | 146,338 |  |  | 154,832 |  |  | 152,967 |  |  | 157,442 |  |  | 165,487 |  |  | 8,045 |  |  | 19,149 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |
Provision for credit losses |  | 54,349 |  |  | 57,626 |  |  | 57,992 |  |  | 60,587 |  |  | 60,474 |  |  | 113 |  |  | (6,125 | )
Personnel |  | 38,323 |  |  | 40,549 |  |  | 41,142 |  |  | 38,584 |  |  | 39,517 |  |  | (933 | ) |  | (1,194 | )
Occupancy |  | 6,551 |  |  | 6,748 |  |  | 6,906 |  |  | 6,911 |  |  | 7,160 |  |  | (249 | ) |  | (609 | )
Marketing |  | 5,078 |  |  | 4,777 |  |  | 5,406 |  |  | 5,059 |  |  | 4,212 |  |  | 847 |  |  | 866 |
Other |  | 12,516 |  |  | 12,572 |  |  | 12,589 |  |  | 12,391 |  |  | 13,179 |  |  | (788 | ) |  | (663 | )
Total general and administrative |  | 62,468 |  |  | 64,646 |  |  | 66,043 |  |  | 62,945 |  |  | 64,068 |  |  | (1,123 | ) |  | (1,600 | )
Interest expense |  | 19,356 |  |  | 19,805 |  |  | 19,771 |  |  | 20,426 |  |  | 21,971 |  |  | (1,545 | ) |  | (2,615 | )
Income before income taxes |  | 10,165 |  |  | 12,755 |  |  | 9,161 |  |  | 13,484 |  |  | 18,974 |  |  | 5,490 |  |  | 8,809 |
Income taxes |  | 2,502 |  |  | 2,841 |  |  | 2,154 |  |  | 3,344 |  |  | 4,618 |  |  | (1,274 | ) |  | (2,116 | )
Net income | $ | 7,663 |  | $ | 9,914 |  | $ | 7,007 |  | $ | 10,140 |  | $ | 14,356 |  | $ | 4,216 |  | $ | 6,693 |
Net income per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.79 |  | $ | 1.02 |  | $ | 0.73 |  | $ | 1.07 |  | $ | 1.53 |  | $ | 0.46 |  | $ | 0.74 |
Diluted | $ | 0.76 |  | $ | 0.98 |  | $ | 0.70 |  | $ | 1.03 |  | $ | 1.42 |  | $ | 0.39 |  | $ | 0.66 |
Weighted-average shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | 9,683 |  |  | 9,691 |  |  | 9,610 |  |  | 9,504 |  |  | 9,370 |  |  | 134 |  |  | 313 |
Diluted |  | 10,090 |  |  | 10,128 |  |  | 10,025 |  |  | 9,843 |  |  | 10,133 |  |  | (290 | ) |  | (43 | )
| Balance Sheet & Other Key Metrics Quarterly Trends |
| 3Q 24 |  | 4Q 24 |  | 1Q 25 |  | 2Q 25 |  | 3Q 25 |  | QoQ $ Inc (Dec) |  | YoY $ Inc (Dec) |
Total assets | $ | 1,821,831 |  | $ | 1,909,109 |  | $ | 1,900,683 |  | $ | 1,967,131 |  | $ | 2,028,266 |  | $ | 61,135 |  | $ | 206,435 |
Net finance receivables | $ | 1,819,756 |  | $ | 1,892,535 |  | $ | 1,890,351 |  | $ | 1,960,364 |  | $ | 2,053,017 |  | $ | 92,653 |  | $ | 233,261 |
Allowance for credit losses | $ | 192,100 |  | $ | 199,500 |  | $ | 199,100 |  | $ | 202,800 |  | $ | 212,000 |  | $ | 9,200 |  | $ | 19,900 |
Debt | $ | 1,395,892 |  | $ | 1,478,336 |  | $ | 1,477,860 |  | $ | 1,509,133 |  | $ | 1,581,992 |  | $ | 72,859 |  | $ | 186,100 |
Interest and fee yield (annualized) |  | 29.9 | % |  | 29.8 | % |  | 28.9 | % |  | 29.4 | % |  | 29.7 | % |  | 0.3 | % |  | (0.2 | )%
Efficiency ratio (1) |  | 42.7 | % |  | 41.8 | % |  | 43.2 | % |  | 40.0 | % |  | 38.7 | % |  | (1.3 | )% |  | (4.0 | )%
Operating expense ratio (2) |  | 13.9 | % |  | 14.0 | % |  | 14.0 | % |  | 13.2 | % |  | 12.8 | % |  | (0.4 | )% |  | (1.1 | )%
Delinquency rate (3) |  | 6.9 | % |  | 7.7 | % |  | 7.1 | % |  | 6.6 | % |  | 7.0 | % |  | 0.4 | % |  | 0.1 | %
Net credit loss rate (4) |  | 10.6 | % |  | 10.8 | % |  | 12.4 | % |  | 11.9 | % |  | 10.2 | % |  | (1.7 | )% |  | (0.4 | )%
Book value per share | $ | 34.72 |  | $ | 35.67 |  | $ | 35.48 |  | $ | 36.43 |  | $ | 37.94 |  | $ | 1.51 |  | $ | 3.22 |

(1) General and administrative expenses as a percentage of total revenue.

(2) Annualized general and administrative expenses as a percentage of average net finance receivables.

(3) Delinquent loans outstanding as a percentage of ending net finance receivables.

(4) Annualized net credit losses as a percentage of average net finance receivables.

12

|  | Average Net Finance Receivables |
|  | YTD 25 |  |  | YTD 24 |  |  | YoY $ Inc (Dec) |  |  | YoY % Inc (Dec) |
Large loans |  | $ | 1,391,470 |  |  | $ | 1,266,363 |  |  | $ | 125,107 |  |  |  | 9.9 | %
Small loans |  |  | 543,402 |  |  |  | 500,508 |  |  |  | 42,894 |  |  |  | 8.6 | %
Total |  | $ | 1,934,872 |  |  | $ | 1,766,871 |  |  | $ | 168,001 |  |  |  | 9.5 | %

|  | Revenue Yields (1) |
|  | YTD 25 |  |  | YTD 24 |  |  | YoY Inc (Dec) |
Large loans |  |  | 26.6 | % |  |  | 26.3 | % |  |  | 0.3 | %
Small loans |  |  | 36.4 | % |  |  | 37.6 | % |  |  | (1.2 | )%
Total interest and fee yield |  |  | 29.4 | % |  |  | 29.5 | % |  |  | (0.1 | )%
Total revenue yield |  |  | 32.8 | % |  |  | 32.7 | % |  |  | 0.1 | %

(1) Annualized as a percentage of average net finance receivables.

|  | Components of Increase in Interest and Fee Income |
|  | YTD 25 Compared to YTD 24 |
|  | Increase (Decrease) |
|  | Volume |  |  | Rate |  |  | Volume & Rate |  |  | Total |
Large loans |  | $ | 24,664 |  |  | $ | 3,140 |  |  | $ | 310 |  |  | $ | 28,114 |
Small loans |  |  | 12,083 |  |  |  | (4,537 | ) |  |  | (388 | ) |  |  | 7,158 |
Product mix |  |  | 397 |  |  |  | (313 | ) |  |  | (84 | ) |  |  | — |
Total |  | $ | 37,144 |  |  | $ | (1,710 | ) |  | $ | (162 | ) |  | $ | 35,272 |

|  | Loans Originated (1) |
|  | YTD 25 |  |  | YTD 24 |  |  | YTD $ Inc (Dec) |  |  | YTD % Inc (Dec) |
Large loans |  | $ | 941,337 |  |  | $ | 691,416 |  |  | $ | 249,921 |  |  |  | 36.1 | %
Small loans |  |  | 483,377 |  |  |  | 487,195 |  |  |  | (3,818 | ) |  |  | (0.8 | )%
Total |  | $ | 1,424,714 |  |  | $ | 1,178,611 |  |  | $ | 246,103 |  |  |  | 20.9 | %

(1) Represents the principal balance of loan originations and refinancings.

|  | Other Key Metrics |
|  | YTD 25 |  |  | YTD 24 |
Net credit losses |  | $ | 166,553 |  |  | $ | 149,874 |
Percentage of average net finance receivables (annualized) |  |  | 11.5 | % |  |  | 11.3 | %
Provision for credit losses |  | $ | 179,053 |  |  | $ | 154,574 |
Percentage of average net finance receivables (annualized) |  |  | 12.3 | % |  |  | 11.7 | %
Percentage of total revenue |  |  | 37.6 | % |  |  | 35.6 | %
General and administrative expenses |  | $ | 193,056 |  |  | $ | 183,052 |
Percentage of average net finance receivables (annualized) |  |  | 13.3 | % |  |  | 13.8 | %
Percentage of total revenue |  |  | 40.6 | % |  |  | 42.2 | %

13

Non-GAAP Financial Measures

In addition to financial measures presented in accordance with generally accepted accounting principles (“GAAP”), this press release contains certain non-GAAP financial measures. The company’s management utilizes non-GAAP measures as additional metrics to aid in, and enhance, its understanding of the company’s financial results. Tangible equity and the funded debt-to-tangible equity ratio are non-GAAP measures that adjust GAAP measures to exclude intangible assets. Management uses these equity measures to evaluate and manage the company’s capital and leverage position. The company also believes that these equity measures are commonly used in the financial services industry and provide useful information to users of the company’s financial statements in the evaluation of its capital and leverage position.

This non-GAAP financial information should be considered in addition to, not as a substitute for or superior to, measures of financial performance prepared in accordance with GAAP. In addition, the company’s non-GAAP measures may not be comparable to similarly titled non-GAAP measures of other companies. The following tables provide a reconciliation of GAAP measures to non-GAAP measures.

|  | 3Q 25 |
Debt |  | $ | 1,581,992 |
Total stockholders' equity |  |  | 371,918 |
Less: Intangible assets |  |  | 30,385 |
Tangible equity (non-GAAP) |  | $ | 341,533 |
Funded debt-to-equity ratio |  |  | 4.3 | x
Funded debt-to-tangible equity ratio (non-GAAP) |  |  | 4.6 | x

14