Regions Financial Corporation (RF)
| Market Cap | 18.40B |
| Revenue (ttm) | 6.80B |
| Net Income (ttm) | 1.73B |
| Shares Out | 915.83M |
| EPS (ttm) | 1.85 |
| PE Ratio | 10.86 |
| Forward PE | 9.69 |
| Dividend | $0.96 (4.78%) |
| Ex-Dividend Date | Jun 3, 2024 |
| Volume | 5,444,449 |
| Open | 19.86 |
| Previous Close | 19.90 |
| Day's Range | 19.84 - 20.12 |
| 52-Week Range | 13.72 - 21.08 |
| Beta | 1.20 |
| Analysts | Buy |
| Price Target | 20.23 (+0.7%) |
| Earnings Date | Jul 19, 2024 |
About RF
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 ... [Read more]
Financial Performance
In 2023, RF's revenue was $7.02 billion, an increase of 1.14% compared to the previous year's $6.94 billion. Earnings were $1.98 billion, a decrease of -7.92%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for RF stock is "Buy." The 12-month stock price forecast is $20.23, which is an increase of 0.70% from the latest price.
News
Regions Financial Corp. Receives Results of 2024 Stress Test
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Federal Reserve communicated to Regions Financial Corp. that the company exceeded all minimum capital levels under the Supervisory Stress Test.
Regions Financial Provides Quarterly Earnings Release Dates for 2025
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced the dates on which the company plans to issue its quarterly earnings results in 2025.
Regions Financial to Announce Second Quarter 2024 Financial Results on July 19, 2024
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced the company is scheduled to release its second quarter 2024 financial results on Friday, July 19.
These numbers show that banks' risk from office real estate has been exaggerated
By now you have probably seen myriad headlines about an alarming level of risk that banks are facing from potential losses on their portfolios of loans secured by office buildings. But there are falla...
Regions Bank Launches CashFlowIQ, Powered by BILL, to Help Business Clients Manage Money Better
BIRMINGHAM, Ala. & SAN JOSE, Calif.--(BUSINESS WIRE)--Regions Bank and BILL, a leading financial operations platform for small and midsize businesses, on Wednesday announced the launch of Regions Cash...
A High Honor for Global Trade: Regions Bank Receives 2024 Presidential Award for Excellence in Supporting Exports
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Wednesday announced it has received the 2024 President's “E” Award for Export Service in recognition of the bank's work to provide financing solution...
Regions Financial Scheduled to Participate in Morgan Stanley U.S. Financials Conference
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced the company is scheduled to participate in the upcoming Morgan Stanley U.S. Financials Conference.
Regions Real Estate Capital Markets Now Servicing its Loan Assets
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Tuesday announced its Real Estate Capital Markets division, a diversified multifamily and commercial real estate lender, has now begun servicing the ...
Unseenlabs Announces Next-Generation Satellite Constellation for 2026 to Monitor Sea, Land, and Space Environments from Space
RENNES, France--(BUSINESS WIRE)--Unseenlabs, a pioneer and global leader in radio frequency (RF) intelligence from space, is set to redefine global surveillance standards once again with the scheduled...
A Role Model in Her Community: Regions Bank Branch Manager Honored for Making an Impact on Others
VILLA RICA, Ga.--(BUSINESS WIRE)--There's community involvement. And then there's truly raising the bar. Regions Bank honors Kascia Polk from metro Atlanta for amazing volunteerism.
Regions Bank Recognized by Fortune as One of America's Most Innovative Companies
BIRMINGHAM, Ala.--(BUSINESS WIRE)--How Regions Bank excels in three key areas to become one of America's Most Innovative Companies for 2024.
Regions Bank Struggles With Expenses; Bullish On Consumer
Two months after laying off 3% of its workforce, the Birmingham, Alabama-based Regions Bank posted disappointing Q1 earnings Friday (April 19). The southeastern regional's results were driven by highe...
Regions reports first quarter 2024 earnings of $343 million, earnings per diluted share of $0.37
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. reported earnings for the first quarter ended March 31, 2024.
Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corp. Board of Directors declared cash dividends on common shares, as well as Series B, C, D and E preferred shares.
Regions Bank Named 2024 Gallup Exceptional Workplace Award Winner
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank is one of a small number of organizations to earn the 2024 Gallup Exceptional Workplace Winner With Distinction recognition.
Regions Bank Teams Celebrate Financial Literacy Month by Sharing the Good
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Helping students build financial confidence is the key theme of Regions Bank's 2024 Share the Good program.
Regions Financial Announces John Jordan to Serve as Head of Retail
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced John Jordan has joined its Consumer Banking Group as head of Retail.
Regions Financial to Announce First Quarter 2024 Financial Results on April 19, 2024
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced the company is scheduled to release its first quarter 2024 financial results on Friday, April 19.
Bill Rhodes Appointed to the Regions Financial Corp. and Regions Bank Boards of Directors
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial...
Regions Financial Scheduled to Participate in 2024 RBC Capital Markets Global Financial Institutions Conference
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) is scheduled to participate in the 2024 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 6, 2024. R...
Regions Financial Scheduled to Participate in Bank of America 2024 Financial Services Conference
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced the company is scheduled to participate in the upcoming Bank of America 2024 Financial Services Conference.
Regions Sees Soft Loan Demand Due to Cautious Customers
Regions Financial saw loan demand remain soft in the fourth quarter as customers continued to be cautious. Average and ending loans decreased “modestly” compared to the previous quarter, according to ...
US banks warn costly deposits to weaken interest income in 2024
Four U.S. banks warned of lower interest income for this year on Friday, capping a week of dour commentary from the industry that has been under pressure from high deposit costs.
Regions Financial Corporation Declares Series C Preferred Stock Dividend
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Regions Financial Corp. Board of Directors declared a cash dividend on Series C Preferred Stock.
Regions Financial to Announce Fourth Quarter and Full-Year 2023 Financial Results on Jan. 19, 2024
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced the company is scheduled to release its fourth quarter and full-year 2023 results on Friday, Jan. 19, 2024.