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Regions Financial Analysts Increase Their Forecasts After Strong Q2 Earnings
Benzinga· 2025-07-21 13:22
Core Insights - Regions Financial Corporation reported second-quarter earnings of 60 cents per share, exceeding the analyst consensus estimate of 56 cents per share [1] - The company achieved quarterly sales of $1.905 billion, surpassing the analyst consensus estimate of $1.858 billion [1] Financial Performance - The strong financial results are attributed to solid deposit growth, disciplined loan production, and robust performance in fee-based businesses such as Treasury Management and Wealth Management [2] - Regions Financial shares increased by 6.1%, closing at $26.01 [2] Analyst Ratings and Price Targets - Stephens & Co. analyst Terry McEvoy maintained an Overweight rating and raised the price target from $24 to $29 [5] - Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating and increased the price target from $29 to $30 [5] - Barclays analyst Jason Goldberg maintained an Underweight rating while raising the price target from $24 to $27 [5]