• Banks - Regional
  • Financial Services
Regions Financial Corporation logo
Regions Financial Corporation
RF · US · NYSE
20.885
USD
-0.005
(0.02%)
Company Overview

1900 FIFTH AVENUE NORTH,BIRMINGHAM AL 35203,800-734-4667

CEO

Mr. John M. Turner Jr.

Employess

20101

Sector

Financial Services

Industry

Banks - Regional

Website

https://www.regions.com

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services. It serves corporate, middle market, and commercial real estate developers and investors. The Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, consumer credit cards, and other consumer loans, as well as deposits. The Wealth Management segment offers credit related products, and retirement and savings solutions; and trust and investment management, asset management, and estate planning services to individuals, businesses, governmental institutions, and non-profit entities. The company also provides investment and insurance products; low-income housing tax credit corporate fund syndication services; and other specialty financing services. As of March 01, 2022, it operated through a network of 1,300 banking offices and 2,000 automated teller machines across the South, Midwest, and Texas. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.

Next Earnings Date

Oct. 18, 2024

Ex Dividends date

Oct. 01, 2024

Dividend Date

Sept. 3, 2024

YTD Performance

7.28%

Fiscal Year End

12-31

IPO Date

1980-03-17

Growth Rates
(avg. rate of change) 10 years 5 years 3 years 1 year
Sales/Revenue 5.35% 8.86% 12.34% 24.17%
EPS 10.46% 5.56% 27.00% -8.26%
Equity 1.01% 2.92% -1.27% 9.29%
Cash 2.58% 13.96% -27.65% -39.42%
Return On Capital (ROIC) 6.78% 9.43% 12.05% 10.45%
Debt
year (millions) 2023 2022 2021 2020 2019
Short Term Debt 92 95 97 355 2,050
Long Term Debt 2,330 2,280 2,410 3,570 7,880
LT Finance Leases 443 458 432 446 0.0
Shares Outstanding 936 935 956 959 995
Market Cap 18,100 20,200 20,800 15,500 17,100
Price
Business Segments (Beta)
Geographical Segments (Beta)
Not available
News
Buy 10 Sustainable Dividend Dogs Of Barron's August 100
1 month

Barron's seventh annual (2024) ranking of Sustainable companies started with the 1,000 largest publicly traded companies by market value, then ranked each by performance for five key constituencies: shareholders, employees, customers, community, and planet. Home-products company Clorox sits at the top for the second straight year, edging out Kimberly-Clark, CBRE Group, Hasbro, and Agilent Technologies in the top five. Per 8/8/24 data from YCharts, the top-10 of 77 dividend-paying sustainable companies ranged 4.34%-14.68% by annual yield and ranged 31.29%-79.66% by broker-estimated target-price upsides.

seekingalpha.com
Regions Financial: The Newly Issued Preferred Shares Offer A 6.98% Yield
2 months

Regions Financial is a sizable regional bank with more than $150 billion in assets and low exposure to commercial real estate. The bank performed well in Q2, with net interest income increasing slightly and non-interest expenses decreasing significantly. Regions Financial recently issued new preferred shares with a fixed rate for the first five years and a reset based on the five-year US treasury rate plus a mark-up.

seekingalpha.com
New Preferred Stock And Exchange Traded Debt IPOs, July 2024
2 months

New offerings from New York Mortgage Trust, Dime Community Bancshares, and Oxford Lane Capital Corp. with fixed coupon rates and credit ratings. DCOMG achieved a perfect CDx3 Compliance Score, while Morgan Stanley and Regions Financial Corporation also priced new preferred stock offerings. Investors can buy new shares at wholesale prices through the OTC exchange, track past preferred stock IPOs below par, and stay updated on the current marketplace offerings.

seekingalpha.com
Regions Financial (RF) Tops Q2 Earnings, Provisions Decline (Revised)
2 months

Regions Financial's (RF) second quarter 2024 results were aided by a decline in non-interest expenses and a rise in deposits. Yet a decline in NII and non-interest income were major spoilsports.

zacks.com
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild'
2 months

Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Average balances for total loans were down 0.1% compared to the previous quarter and down 1.

pymnts.com
Regions Financial Corporation (RF) Q2 2024 Earnings Call Transcript
2 months

Regions Financial Corporation (NYSE:RF ) Q2 2024 Results Conference Call July 19, 2024 10:00 AM ET Company Participants Dana Nolan - EVP, IR John Turner - President and CEO David Turner - CFO Conference Call Participants Ryan Nash - Goldman Sachs Scott Siefers - Piper Sandler Ken Usdin - Jefferies Erika Najarian - UBS Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Chris Spahr - Wells Fargo Gerard Cassidy - RBC John Pancari - Evercore Betsy Graseck - Morgan Stanley Operator Good morning. And welcome to the Regions Financial Corporation's Quarterly Earnings Call.

seekingalpha.com
Regions Financial (RF) Q2 Earnings Top, Provisions Rise
2 months

Regions Financial's (RF) second-quarter 2024 results are aided by a decline in non-interest expenses and a rise in deposits. A decline in NII and non-interest income were major spoilsports.

zacks.com
Here's What Key Metrics Tell Us About Regions Financial (RF) Q2 Earnings
2 months

Although the revenue and EPS for Regions Financial (RF) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

zacks.com
5 Stocks to Watch on Their Recent Dividend Hikes
2 months

Investors may keep a tab on stocks like FUL, FCCO, ASML, RF and UNP, which have lately hiked their dividend payments.

zacks.com
Regions Financial (RF) Q2 Earnings Beat Estimates
2 months

Regions Financial (RF) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.59 per share a year ago.

zacks.com
Regions Financial's quarterly profit falls on lower interest income
2 months

Regions Financial reported a 14% fall in its second-quarter profit on Friday, as the lender earned less from customers' interest payments.

reuters.com
Lower NII to Hurt Regions Financial (RF) in Q2 Earnings
2 months

Regions Financial's (RF) second-quarter 2024 results are likely to be hurt by lower NII and rising expenses. Yet, a decent fee income growth is likely to offer some support.

zacks.com