Tonix Pharmaceuticals stock halted ahead of FDA approval news
Basswood Capital Management, L.L.C., a significant stakeholder in Regional Management Corp . (NYSE:RM), recently increased its holdings in the company. On February 14, 2025, the firm acquired 968 shares of Regional Management’s common stock. The shares were purchased at a price of $36.31 each, amounting to a total transaction value of $35,148. The purchase comes as RM trades near its 52-week high of $37.52, with the stock delivering an impressive 65% return over the past year, according to InvestingPro data.
This acquisition is part of Basswood’s ongoing involvement with Regional Management, where it holds a substantial position. The firm, along with related entities, reported a notable number of shares owned following the transaction. The shares are held indirectly, as indicated in the filing, with the nature of ownership detailed in accompanying footnotes. Analysts maintain a positive outlook on the company, with price targets ranging from $38 to $45.
Basswood Capital Management, known for its strategic investments, continues to be an influential player in Regional Management’s shareholder landscape. The company maintains a "GOOD" financial health score on InvestingPro, which offers additional insights through its comprehensive Pro Research Report, one of 1,400+ available for top US stocks.
In other recent news, Regional Management Corp. reported strong fourth-quarter 2025 financial results, surpassing analyst predictions. Following these results, Keefe, Bruyette & Woods (KBW) raised their price target for the company from $33.00 to $38.00, while maintaining a Market Perform rating. Despite the positive results, KBW adjusted their earnings per share estimates for 2025 and 2026 to $5.03 and $6.50, respectively, down from previous projections. This adjustment considers higher expenses and provisions needed to support anticipated loan growth. Additionally, Regional Management announced a $30 million stock repurchase program, effective immediately and continuing through December 31, 2026. The program is part of the company’s strategy to manage capital and return value to shareholders. The company also outlined growth expectations for 2025, targeting a 10% to 12% increase in ending net receivables, driven by positive credit performance and favorable macroeconomic conditions. Regional Management plans to open 10 new branches in late 2024 and early 2025, with up to 10 more in the latter half of 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.