Regions Financial(US:RF) Zacks Investment Researchยท2024-01-15 17:02Core Insights - Analysts project Regions Financial (RF) will report quarterly earnings of $0.48 per share, a decline of 28.4% year over year, with revenues expected to reach $1.8 billion, down 10% from the same quarter last year [1] - There has been a 0.5% upward revision in the consensus EPS estimate over the last 30 days, indicating a reconsideration of initial forecasts by covering analysts [1] Financial Metrics - The 'Efficiency Ratio' is forecasted to reach 57.8%, compared to 50.5% in the same quarter last year [2] - The 'Net Interest Margin (FTE)' is estimated at 3.6%, down from 4% in the same quarter of the previous year [2] - 'Total Interest-Earning Assets - Average Balance' is projected to be $138.14 billion, compared to $140.48 billion a year ago [2] Loan and Capital Metrics - 'Non-Accrual Loans' are expected to be $689.75 million, up from $503 million in the same quarter last year [3] - The 'Tier 1 Capital Ratio' is likely to reach 11.6%, compared to 10.9% in the same quarter last year [3] - 'Total Non-Performing Assets' are projected at $687.87 million, compared to $516 million a year ago [3] - The 'Total Risk-Based Capital Ratio' is expected to be 13.8%, up from 12.5% in the previous year [3] - The 'Leverage Ratio' is estimated at 9.9%, compared to 8.9% in the same quarter last year [3] Income Metrics - 'Total Non-Interest Income' is estimated at $569.80 million, down from $600 million a year ago [4] - 'Net Interest Income' is projected to be $1.23 billion, compared to $1.40 billion in the same quarter last year [4] - 'Net Interest Income (FTE)' is expected to reach $1.24 billion, down from $1.41 billion in the previous year [4] - 'Total Wealth Management Income' is forecasted at $112.84 million, compared to $108 million in the same quarter last year [4] Stock Performance - Regions Financial shares have decreased by 6.4% in the past month, contrasting with the Zacks S&P 500 composite's increase of 3.1% [4]