Regions Financial Corporation (RF)
Market Cap | 21.58B |
Revenue (ttm) | 6.56B |
Net Income (ttm) | 1.63B |
Shares Out | 908.86M |
EPS (ttm) | 1.77 |
PE Ratio | 13.40 |
Forward PE | 10.72 |
Dividend | $1.00 (4.20%) |
Ex-Dividend Date | Dec 2, 2024 |
Volume | 6,135,958 |
Open | 23.87 |
Previous Close | 23.78 |
Day's Range | 23.63 - 24.15 |
52-Week Range | 17.42 - 27.96 |
Beta | 1.23 |
Analysts | Buy |
Price Target | 27.39 (+15.35%) |
Earnings Date | Jan 17, 2025 |
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, Regions Financial's revenue was $7.02 billion, an increase of 1.86% compared to the previous year's $6.89 billion. Earnings were $1.98 billion, a decrease of -7.92%.
Financial StatementsAnalyst Forecast
According to 18 analysts, the average rating for RF stock is "Buy." The 12-month stock price forecast is $27.39, which is an increase of 15.35% from the latest price.
News
Enhancing Customer Control of Financial Data: Regions Bank Selects Axway to Accelerate Open Banking Services
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Monday announced it has selected Axway, a data integration company, and its Amplify Open Banking solution, to deliver future open banking capabilitie...
Regions Bank Reduces its Prime Lending Rate
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank announced it is reducing the Regions prime lending rate to 7.50%.
Regions Financial to Announce Fourth Quarter and Full-Year 2024 Financial Results on Jan. 17, 2025
BIRMINGHAM, Ala.--(BUSINESS WIRE)--A news release and additional materials will be made available on Regions' Investor Relations website.
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
Roger W. Jenkins Appointed to the Regions Financial Corp. and Regions Bank Boards of Directors
BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Murphy Oil executive will join the Regions Boards effective Jan. 1, 2025.
Regions Financial Corporation Announces Extension of Common Stock Repurchase Program
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Previously announced repurchase program extended through the fourth quarter of 2025.
6 Regional Bank Stocks to Buy Before Trump Names New SEC Leadership
The regional banking sector has spent much of the last two years making headlines for all the wrong reasons. Bank failures like Silicon Valley, Signature Bank, and First Republic Bank rocked the secto...
More Affordable Housing: Regions Bank Appoints Chase Simpson as Relationship Manager Serving Clients in Several States
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank on Wednesday announced Chase Simpson has been named vice president and relationship manager in the Regions Affordable Housing division. In this role, Si...
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...
Regions Financial Scheduled to Participate in Upcoming Goldman Sachs Financial Services Conference
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Comments will be accessible via a live webcast on Regions' Investor Relations website.
Buy 7 November Barron's Better Bet DiviDogs Of 23 & Watch 3 More To Be 'Safer'
Long-term bond yields continue to rise. But investors looking for income can still find plenty of attractive opportunities with dividend-paying stocks that have healthy yields. “23 stocks pay huge div...
Regions Bank Names Ray Hand as Regional Wealth Executive for Florida
TAMPA, Fla.--(BUSINESS WIRE)--Regions Bank on Tuesday announced Ray Hand has joined the bank to serve as Private Wealth Management regional executive for Florida. Hand will lead teams of Regions Priva...
Cetera Investment Services Announces Renewed Relationship with Regions Bank
The firms' collaboration achieved significant success since inception in 2013 and is renewed to continue delivering industry-leading results SAN DIEGO , Oct. 23, 2024 /PRNewswire/ -- Cetera Financial ...
Regions Financial Corporation (RF) Q3 2024 Earnings Call Transcript
Regions Financial Corporation (NYSE:RF) Q3 2024 Earnings Conference Call October 18, 2024 10:00 AM ET Company Participants Dana Nolan - Executive Vice President, Investor Relations John Turner - Chai...
Regions reports third quarter 2024 earnings of $446 million, earnings per diluted share of $0.49
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) today reported earnings for the third quarter ended September 30, 2024. The company reported third quarter net income available to ...
Eyeing Dividend Growers With Unusual Earnings Dates
The third-quarter earnings season is off and running as stocks hold near highs. Shareholder returns via dividends and buybacks are in focus. We highlight three upcoming reporters with unusual earnings...
Regions Financial Corporation Declares Quarterly Common and Preferred Stock Dividends
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corporation (NYSE:RF) today declared cash dividends on common shares, Series C, Series D, Series E and Series F preferred shares.
Buy 7 Sustainable Dividend Dogs From Barron's October 100
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: s...
Dividend Stocks With Strong Q4 Seasonality
Entering October is the strongest period of the year for three-month returns, and shorter-term returns are also some of the best. Here we take a look at 30 dividend stocks in the S&P 500 that have bee...
Regions Financial: Stable Dividend Opportunity To Hold Well-Capitalized Regional Bank
Regions Financial has a proven dividend growth and dividend stability, with strong liquidity and cash to support its sustainability. The bank exceeds minimum regulatory capital requirements, and has s...
Moody's lifts outlook on four big regional banks to stable from negative
The debt outlook for Fifth Third Bancorp, First Citizens Bancshares Inc., Regions Financial Corp. and Huntington Bancshares Inc. has been raised to stable from negative by Moody's on healthier balance...
Regions Financial to Announce Third Quarter 2024 Financial Results on Oct. 18, 2024
BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced the company is scheduled to release its third quarter 2024 financial results on Friday, Oct. 18, 2024.
Buy 9 Sustainable Dividend Dogs From Barron's August 100
Calvert Research and Management evaluated 1,000 large companies on 230 ESG indicators to rank the top 100 most sustainable companies for Barron's annual list. Nine dividend-paying ESG companies, inclu...
15 Upcoming Dividend Increases Including A King
This week, 15 companies, including Dividend King Stanley Black & Decker, are set to increase dividends, with SWK extending its 57-year streak by 1.2%. My strategy focuses on buying, holding, and addin...
Buy 10 Sustainable Dividend Dogs Of Barron's August 100
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: s...