Regions Financial (RF) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Regions Financial reported $1.81 billion in revenue for Q4 2023, a year-over-year decline of 9.5%, with EPS of $0.52 compared to $0.67 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.8 billion by 0.56%, and the EPS surpassed the consensus estimate of $0.48 by 8.33% [1] Financial Metrics Summary - Net interest margin (FTE) was 3.6%, matching the average estimate [2] - Efficiency Ratio stood at 65%, higher than the average estimate of 57.8% [2] - Average Balance of Total earning assets was $136.99 billion, below the estimated $138.24 billion [2] - Net charge-offs as a percentage of average loans were 0.5%, in line with the average estimate [2] - Common Equity Tier 1 ratio was 10.2%, slightly below the average estimate of 10.3% [2] - Non-performing loans totaled $808 million, exceeding the average estimate of $690.28 million [2] - Non-performing assets were $823 million, higher than the average estimate of $688.40 million [2] - Tier 1 Capital Ratio was 11.5%, matching the average estimate [2] - Total risk-based capital ratio was 13.3%, below the average estimate of 13.8% [2] - Leverage Ratio was 9.7%, slightly below the average estimate of 9.8% [2] - Total Non-Interest Income was $580 million, above the average estimate of $569.45 million [2] - Net Interest Income was $1.23 billion, in line with the average estimate [2] Stock Performance - Shares of Regions Financial have returned -6.2% over the past month, contrasting with the Zacks S&P 500 composite's +0.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]