Regional Management Corp (RM) gains 0.41% for July 21

Equities Staff  |

Regional Management Corp (NYSE: RM) shares gained 0.41%, or $0.21 per share, to close Wednesday at $51.75. After opening the day at $52.00, shares of Regional fluctuated between $52.90 and $51.63. 56,674 shares traded hands a decrease from their 30 day average of 79,283. Wednesday's activity brought Regional’s market cap to $549,941,868.

Regional is headquartered in Greer, South Carolina, and employs more than 5,632 people.

About Regional Management Corp

Regional Management Corp. 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' in 368 branch locations across 11 states in the Southeastern, Southwestern, Mid-Atlantic, and Midwestern United States, as of September 30, 2020. 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, retailers, and its consumer website.

Visit Regional Management Corp’s profile for more information.

About The New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange by market value at over $26 trillion. It is also the leader for initial public offerings, with $82 billion raised in 2020, including six of the seven largest technology deals. 63% of SPAC proceeds in 2020 were raised on the NYSE, including the six largest transactions.

To get more information on Regional Management Corp and to follow the company’s latest updates, you can visit the company’s profile page here: Regional Management Corp’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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