Core Insights - Regions Financial Corporation (RF) reported second-quarter 2025 adjusted earnings per share (EPS) of 60 cents, exceeding the Zacks Consensus Estimate of 56 cents and up from 53 cents in the same quarter last year [1][9] - The stock price of RF increased by 5.1% in early market trading following the earnings announcement [1] Financial Performance - Total quarterly revenues reached $1.9 billion, which was 2.9% below the Zacks Consensus Estimate but represented a 10.1% increase year over year [3] - Net interest income (NII) was $1.25 billion, reflecting a 6.2% year-over-year increase, while the net interest margin improved by 14 basis points to 3.65% [3] - Non-interest income surged by 18.5% year over year to $646 million [3] - Non-interest expenses rose by 6.9% year over year to $1.07 billion, with adjusted non-interest expenses also increasing by 4% [4] Loan and Deposit Trends - Total loans slightly decreased to $96.1 billion as of June 30, 2025, while total deposits increased by 1.4% to $129.4 billion [5] Credit Quality - Non-performing assets as a percentage of loans decreased to 0.84% from 0.88% year over year, and non-performing loans as a percentage of net loans fell to 0.80% from 0.87% [6] - A provision for credit losses of $126 million was recorded, marking a 23.5% increase from the previous year [6] Capital Position - As of June 30, 2025, the Common Equity Tier 1 ratio was 10.7% and the Tier 1 capital ratio was 11.8%, both showing improvement from the previous year [8] - The company repurchased 7 million shares for $144 million during the quarter [10] Outlook - The company's core business and revenue diversification strategies are expected to drive strong earnings in the future, although declining loans and rising expenses present challenges [11]

FedEx’s head of its tech department is leaving the company after a monthslong investigation into claims that his unit was inflating its performance, according to a report.Sriram Krishnasamy, the company’s chief digital and information officer, and FedEx had “mutually agreed” that he would immediately step down from his role, according to a securities filing late Thursday.The longtime executive, who started at FedEx in 1997, will stay with the company as an executive adviser through October or potentially ea ...

MEI Pharma, Inc. MEIP stock is trading higher on Friday, with a session volume of 35.64 million compared to the average volume of 29.8K, as per data from Benzinga Pro.The company on Friday entered into a private investment in public equity (PIPE) for the purchase and sale of 29.2 million shares $3.42 per share, for expected aggregate gross proceeds of approximately $100 million.In connection with the closing of the transaction, MEI will appoint Charlie Lee to its board of directors. Current member Taheer Da ...

RT Solana (@solana)Perps on Solana ...

Perps on Solana ...

Taiwan Semiconductor Manufacturing Co TSM stock traded lower Friday after its Thursday gains following upbeat quarterly results.CFO Wendell Huang told Bloomberg that the contract chipmaker plans to stay cautious with spending in 2025 while accelerating global expansion to meet booming AI chip demand.The company may invest up to $42 billion in capex this year, but is closely watching macro and foreign exchange risks, especially sharp currency swings that threaten margins.Also Read: Taiwan Semiconductor’s Top ...

The Pioneer Of Seeking Alpha's BAD BEAT Investing, Quad 7 Capital is a team of 7 analysts with a wide range of experience sharing investment opportunities for nearly 12 years. They are best known for their February 2020 call to sell everything & go short, & have been on average 95% long 5% short since May 2020. The broader company has expertise in business, policy, economics, mathematics, game theory, & the sciences. They share both long & short trades & invest personally in equities they discuss within the ...

This week, Donald Trump's fight with Jerome Powell continued, with a White House official first telling Bloomberg News that the president was preparing to fire the Federal Reserve chairman, and then Trump quickly taking the threat back.Executive director of The Budget Lab at Yale @marthagimbel tells @svaneksmith and @chafkin why lawmakers have historically committed to Fed independence https://t.co/qSwm0RcP17 ...

Core Insights - The article discusses the expertise of Vladimir Dimitrov, CFA, who has a background in brand and intangible assets valuation, particularly in the technology, telecom, and banking sectors [1]. Group 1 - Vladimir Dimitrov has worked with some of the largest global brands during his career in London [1]. - He graduated from the London School of Economics and focuses on identifying reasonably priced businesses with sustainable long-term competitive advantages [1].

Slashed tires, crude name-calling and a town divided: It’s billionaire vs. giant gas station in an epic fight for the West’s last open spaces https://t.co/flnmgxom5Z ...