- Banks - Regional
- Financial Services
-
1.91
EPS
-
10.94
P/E
-
19.1B
MARKET CAP
-
4.60%
DIV YIELD
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
News
Buy 10 Sustainable Dividend Dogs Of Barron's August 100
1 monthBarron'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.comRegions Financial: The Newly Issued Preferred Shares Offer A 6.98% Yield
2 monthsRegions 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.comNew Preferred Stock And Exchange Traded Debt IPOs, July 2024
2 monthsNew 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.comRegions Financial (RF) Tops Q2 Earnings, Provisions Decline (Revised)
2 monthsRegions 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.comRegions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild'
2 monthsRegions 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.comRegions Financial Corporation (RF) Q2 2024 Earnings Call Transcript
2 monthsRegions 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.comRegions Financial (RF) Q2 Earnings Top, Provisions Rise
2 monthsRegions 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.comHere's What Key Metrics Tell Us About Regions Financial (RF) Q2 Earnings
2 monthsAlthough 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.com5 Stocks to Watch on Their Recent Dividend Hikes
2 monthsInvestors may keep a tab on stocks like FUL, FCCO, ASML, RF and UNP, which have lately hiked their dividend payments.
zacks.comRegions Financial (RF) Q2 Earnings Beat Estimates
2 monthsRegions 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.comRegions Financial's quarterly profit falls on lower interest income
2 monthsRegions Financial reported a 14% fall in its second-quarter profit on Friday, as the lender earned less from customers' interest payments.
reuters.comLower NII to Hurt Regions Financial (RF) in Q2 Earnings
2 monthsRegions 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