Regions Financial(RF)
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Regions Financial (RF) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-12-11 18:01
Regions Financial (RF) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power ...
Regions Financial Hits 52-Week High: Should You Buy the Stock Now?
ZACKS· 2024-11-25 18:51
Regions Financial Corporation (RF) shares touched a new 52-week high of $27.32 on Friday before closing the session slightly lower at $27.28. The stock skyrocketed 81.8% in the past year, outperforming its industry’s growth of 58.1%. RF also outperformed its peers Community Trust Bancorp (CTBI) and Hilltop Holdings (HTH) over the same time frame.Price Performance Image Source: Zacks Investment Research What’s Driving RF Stock?Regulatory Changes to Aid Top Line: On Nov. 5, U.S. presidential elections were he ...
Regions Financial(RF) - 2024 Q3 - Quarterly Report
2024-11-05 17:30
Table of Contents or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 001-34034 | --- | --- | --- | |-----------------------------------------------------------------------------------------| ...
What Makes Regions Financial (RF) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-11-04 18:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
Regions Financial(RF) - 2024 Q3 - Earnings Call Transcript
2024-10-18 16:23
Regions Financial Corporation (NYSE:RF) Q3 2024 Earnings Conference Call October 18, 2024 10:00 AM ET Company Participants Dana Nolan - Executive Vice President, Investor Relations John Turner - Chairman, President and Chief Executive Officer David Turner - Senior Executive Vice President, Chief Financial Officer Conference Call Participants Scott Siefers - Piper Sandler John Pancari - Evercore Ebrahim Poonawala - Bank of America Erika Najarian - UBS Matt O'Connor - Deutsche Bank Betsy Graseck - Morgan Stan ...
Regions Financial (RF) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-18 14:35
For the quarter ended September 2024, Regions Financial (RF) reported revenue of $1.79 billion, down 3.6% over the same period last year. EPS came in at $0.57, compared to $0.49 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.79 billion, representing a surprise of +0.26%. The company delivered an EPS surprise of +7.55%, with the consensus EPS estimate being $0.53.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Regions Financial Q3 Earnings Surpass on Y/Y Decline in Expenses
ZACKS· 2024-10-18 14:30
Regions Financial Corporation’s (RF) third-quarter 2024 adjusted earnings per share of 57 cents beat the Zacks Consensus Estimate of 53 cents. This compares favorably with earnings of 49 cents per share in the year-ago quarter.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.A decrease in non-interest expenses and an increase in non-interest income supported RF’s results. Also, Regions Financial’s strong capital position indicates its availability of adequate capital to use to ...
Regions Financial (RF) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-18 12:16
Regions Financial (RF) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.55%. A quarter ago, it was expected that this holding company for Regions Bank would post earnings of $0.49 per share when it actually produced earnings of $0.52, delivering a surprise of 6.12%. Over the last fo ...
Regions Financial(RF) - 2024 Q3 - Quarterly Results
2024-10-18 10:01
Exhibit 99.2 Regions Financial Corporation and Subsidiaries Financial Supplement (unaudited) Third Quarter 2024 Regions Financial Corporation and Subsidiaries Financial Supplement (unaudited) to Third Quarter 2024 Earnings Release Table of Contents | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | Page | | | | | Fina ...
Here's Why Regions Financial (RF) is a Great Momentum Stock to Buy
ZACKS· 2024-10-15 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...