Regions Financial Corporation
(RF)
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19.80 USD +0.27
Closed: 03 May, 3:55 pm
Symbol RF
Market Cap 18.1B
Price 19.80
Open 19.91
52-wk High 21.08
50 Day Avg 19.47
Earnings Announcement 2024-04-19
Website https://www.regions.com
Name Regions Financial Corporation
Shares Outstanding 918,864,000
Change % 0.8147%
Low 19.72
52-wk Low 13.72
200 Day Avg 18.29
Last Dividend 0.96
Exchange NYSE
Volume 3,941,527
Previous Close 19.64
High 20.08
EPS 2.11
PE 9.38
Avg Volume 8,315,817
CUSIP 7591EP100
Regions Financial Corporation Outlook
Description Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. The company also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. As of March 01, 2022, it operated through a network of 1,300 banking offices and 2,000 automated teller machines across the South, Midwest, and Texas. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.
Currency USD
ISIN US7591EP1005
Industry Banks - Regional
Changes 0.16
CUSIP 7591EP100
Range 13.72 - 21.08
Beta 1.21
CIK 0001281761

Regions Financial Corporation News

21-Apr-2024 10:40 AM

Regions Financial Offers 5% Dividend Yield At A Low Payout Ratio

Regions Financial is a regional bank with over $150B in assets, focused on commercial & Industrial loans. The bank saw a decrease in net interest income in Q1, but made up for it with decreased non-interest expenses. The bank's exposure to commercial real estate is relatively low, and it has a strong balance sheet with ample cash reserves.

19-Apr-2024 2:04 PM

Regions Bank Struggles With Expenses; Bullish On Consumer

Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19). The southeastern regional's results were driven by higher expenses despite the headcount reduction, FDIC assessments and an adjustment to its securities accounting.

19-Apr-2024 12:16 PM

Regions Financial (RF) Q1 Earnings Miss Estimates, NII Falls Y/Y

Regions Financial's (RF) first-quarter earnings reflect increased non-interest income and deposit balances. However, elevated expenses and a decline in NII are near-term concerns.

19-Apr-2024 10:31 AM

Regions Financial (RF) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Regions Financial (RF) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

19-Apr-2024 8:11 AM

Regions Financial (RF) Q1 Earnings and Revenues Miss Estimates

Regions Financial (RF) came out with quarterly earnings of $0.44 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.62 per share a year ago.

18-Apr-2024 10:36 AM

Why Regions Financial (RF) Might Surprise This Earnings Season.

Regions Financial (RF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

16-Apr-2024 10:16 AM

What Analyst Projections for Key Metrics Reveal About Regions Financial (RF) Q1 Earnings

Besides Wall Street's top -and-bottom-line estimates for Regions Financial (RF), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

12-Apr-2024 11:01 AM

Analysts Estimate Regions Financial (RF) to Report a Decline in Earnings: What to Look Out for

Regions Financial (RF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

02-Apr-2024 3:35 AM

Regions Financial: Strong Profitability With Limited Exposure To CRE

Regions Financial remains one of the most profitable regional banks with 13.17% ROE. Office CRE exposure remains relatively low at 1.5% of total loans. Falling interest rates to reduce balance sheet risks and impact minimally NII in 2024.

19-Mar-2024 11:01 AM

Regions Financial (RF) Rides on Loan Growth, High Costs Ail

Regions Financial (RF) benefits from consistent growth in loan balances and strategic buyouts. However, rising expenses and lack of loan portfolio diversification are major headwinds.

13-Mar-2024 5:16 PM

10 Buyable DiviDogs From Barron's Top 100 Sustainable List

Barron's seventh-annual (2/26/24) ranking of Sustainable companies started with 1,000 largest publicly-traded companies by market-value, then ranked each by performance for five-key-constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. As of 3/11/24 data from YCharts, the top-10 of 76 dividend-paying sustainable companies ranged 4.37%-11.78% by annual yield and ranged 15.72%-85.22% per broker-estimated target-price-upsides.