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Regional Management Corp. (NYSE: RM) reported strong first quarter 2024 results with a net income of $15.2 million and diluted earnings per share of $1.56, an increase from $0.90 in the prior-year period. The company maintained a 30+ day delinquency rate of 7.1% with disciplined expense management and operating expense ratio of 13.7%. Revenue yield reached 32.8%, up by 80 basis points from the prior year, leading to record quarterly revenue of $144 million. Net finance receivables increased by $68.1 million to $1.7 billion, and total loan originations were $326.4 million, a 7.6% increase from the prior-year period. The provision for credit losses decreased by 2.6% to $46.4 million. The company declared a dividend of $0.30 per common share for the second quarter of 2024. Regional Management Corp. remains cautiously optimistic about the economy and credit performance while focusing on profitable growth and expense management.