Regions Financial(RF)

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Regions Financial(RF) - 2024 Q1 - Quarterly Results
2024-04-19 10:05
Exhibit 99.2 Regions Financial Corporation and Subsidiaries Financial Supplement (unaudited) First Quarter 2024 Regions Financial Corporation and Subsidiaries Financial Supplement (unaudited) to First Quarter 2024 Earnings Release Table of Contents | | Page | | --- | --- | | Financial Highlights | 1 | | Selected Ratios and Other Information* | 2 | | Consolidated Balance Sheets | 3 | | Loans | 4 | | Deposits | 6 | | Consolidated Statements of Income | 8 | | Consolidated Average Daily Balances and Yield / Rat ...
Why Regions Financial (RF) Might Surprise This Earnings Season.
Zacks Investment Research· 2024-04-18 14:36
Investors are always looking for stocks that are poised to beat at earnings season and Regions Financial Corporation (RF) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Regions Financialis seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — i ...
What Analyst Projections for Key Metrics Reveal About Regions Financial (RF) Q1 Earnings
Zacks Investment Research· 2024-04-16 14:16
In its upcoming report, Regions Financial (RF) is predicted by Wall Street analysts to post quarterly earnings of $0.46 per share, reflecting a decline of 25.8% compared to the same period last year. Revenues are forecasted to be $1.75 billion, representing a year-over-year decrease of 10.4%.The current level reflects a downward revision of 1.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initi ...
Regions Financial: Strong Profitability With Limited Exposure To CRE
Seeking Alpha· 2024-04-02 07:35
Peter Blottman Photography Regions Financial (NYSE:RF) stock remains a solid pick among regional banks due to its relatively low exposure to the Corporate Real Estate (CRE) sector, high profitability and high dividend yield. Regional banks remain undervalued due to fears about their exposure to commercial real estate, however, light can be seen at the end of the tunnel as the Fed is preparing to cut rates. We might be at the end of the current risk cycle as falling interest rate will reduce balance shee ...
Regions Financial (RF) Rides on Loan Growth, High Costs Ail
Zacks Investment Research· 2024-03-19 15:01
Regions Financial Corp. (RF) is well-poised for revenue growth on the back of steady loan growth. The company’s capital distribution activities are backed by a strong liquidity profile. However, elevated expenses and lack of loan portfolio diversification remain near-term concerns.The company currently operates in strategic markets with strong economic and business trends, which are likely to propel loan growth for the bank. In fact, over the past five years (ended 2023), the metric witnessed a compound ann ...
Regions Financial to Announce First Quarter 2024 Financial Results on April 19, 2024
Businesswire· 2024-03-19 13:00
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) is scheduled to release its first quarter 2024 financial results on Friday, April 19, 2024. Information will be accessible in the following formats: A news release and additional materials will be made available on Regions’ Investor Relations website at ir.regions.com prior to market open on April 19. Also on April 19, Regions executives will discuss the results via a live audio webcast beginning at 10 a.m. ET. The webcast will be a ...
Regions Financial (RF) to Manage Deposit Costs to Support NII
Zacks Investment Research· 2024-02-22 17:30
Regions Financial Corporation (RF) at Bank of America 2024 Financial Services Conference reiterated its net interest income (NII) guidance for the current year. It continues expecting NII to decline to $4.7-$4.8 billion from $5.32 billion in 2023.The bank also mentioned that to achieve the same, the company would have to manage its deposit costs well while keeping it quite competitive.Management is expecting Federal Reserve to implement four rate cuts this year, the first one being around May-June. Such rat ...
Regions Financial(RF) - 2023 Q4 - Annual Report
2024-02-22 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ 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 REGIONS FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 63-0589368 (State or other j ...
Bill Rhodes Appointed to the Regions Financial Corp. and Regions Bank Boards of Directors
Businesswire· 2024-02-14 21:47
Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on the Regions boards will begin March 1, 2024. (Photo: Business Wire)Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on t ...
Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends
Businesswire· 2024-02-14 21:34
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corporation (NYSE:RF) Board of Directors today declared the following cash dividends on its common shares, Series B preferred shares, Series D preferred shares and Series E preferred shares: A cash dividend of $0.24 on each share of outstanding common stock of the Company, payable on April 1, 2024, to stockholders of record at the close of business on March 1, 2024. A cash dividend of $15.9375 per share of Series B Preferred Stock (equivalent to ...