Regions Financial Corporation (RF) is scheduled to report second-quarter 2024 results on Jul 19, before the opening bell. The bank’s earnings and revenues in the to-be-reported quarter are expected to have declined from the year-ago reported figures.This Birmingham, AL-based player’s first-quarter 2024 earnings missed the Zacks Consensus Estimate due to a rise in expenses and a decline in net interest income (NII). Nonetheless, a rise in non-interest income supported results to some extent.Regions Financial ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Regions Financial (RF) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 19. On ...

Regions Financial Corporation (RF) is well-positioned for top-line growth, driven by robust loan balances. The company’s strong liquid profile will continue to support its capital distribution activities. However, pressure on mortgage income due to high rates and elevated expenses remain near-term concerns.Regions Financial’s presence in strategic markets with strong economic and business trends supports its organic growth.The bank has witnessed a steady growth in its loan balances over the past few years. ...

Regions Financial Corporation’s (RF) subsidiary, Regions Bank, has launched Regions CashFlowIQ in collaboration with BILL Holdings, Inc. (BILL) . CashFlowIQ is a digital solution intended to make payments easier and simplify cash-management procedures for its commercial clients.BILL is a leading financial operations platform that caters to small and midsize businesses. Its integrated platform allows businesses to control their payables, receivables, and spend and expense management efficiently.Powered by BI ...

Form10-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Table of Contents ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 (800) 734-4667 (Registrant's telephone number, including area code) | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | --- | --- | --- | | Common Stock, $.01 par value | RF | New York Stock Exchange | | Depositary Shares, each representin ...

Exhibit 99.3 1st Quarter Earnings Conference Call April 19th, 2024 First Quarter Overview Continue to deliver consistent, sustainable long-term performance 1Q24 Highlights Key Performance Metrics Reported Adjusted(1) • Consistently generating top-quartile returns in our peer group Net Income Available to ...

Eivaisla/iStock via Getty Images Introduction Regions Financial (NYSE:RF) is a regional bank headquartered in Alabama and operating in the Midwest, South and Texas. With a total of in excess of $150B in assets on the balance sheet, Regions Financial is a relatively large bank focusing on making commercial loans. The total exposure to commercial real estate remains relatively low and that should help improve the perception of the bank as investors are currently shying away from banks with a relatively hi ...

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.By the numbers, the bank showed solid liquidity and cautiously optimistic consumer metrics. It reported a Q1 2024 net income of $343 million, adjusted for increased FDIC special assessment accrual and seve ...

Regions Financial Corporation (NYSE:RF) Q1 2024 Earnings Conference Call April 19, 2024 10:00 AM ET Company Participants Dana Nolan - EVP & Head, IR John Turner - President, CEO & Director David Turner - Senior EVP & CFO Conference Call Participants Ebrahim Poonawala - Bank of America Merrill Lynch Robert Siefers - Piper Sandler & Co. Betsy Graseck - Morgan Stanley Christopher Spahr - Wells Fargo Securities Peter Winter - D.A. Davidson & Co. Kenneth Usdin - Jefferies David Rochester - Compass Point John Pan ...

Regions Financial Corporation’s (RF) first-quarter 2024 adjusted earnings per share of 44 cents missed the Zacks Consensus Estimate of 46 cents. This compares unfavorably with earnings of 62 cents per share reported in the year-ago quarter.The results were adversely affected by a decline in net interest income (NII) and a rise in expenses and provisions. Nonetheless, an improvement in non-interest income offers some support. Also, RF’s strong capital position indicates its availability of adequate capital t ...