Regions Financial Corporation (RF)

NYSE: RF · IEX Real-Time Price · USD
23.16
+0.17 (0.74%)
Dec 2, 2022 4:00 PM EST - Market closed
0.74%
Market Cap 21.69B
Revenue (ttm) 6.58B
Net Income (ttm) 1.90B
Shares Out 934.00M
EPS (ttm) 2.01
PE Ratio 11.52
Forward PE 9.18
Dividend $0.74 (3.20%)
Ex-Dividend Date Dec 7, 2022
Volume 8,564,293
Open 22.77
Previous Close 22.99
Day's Range 22.75 - 23.36
52-Week Range 18.01 - 25.57
Beta 1.24
Analysts Buy
Price Target 25.01 (+8.0%)
Earnings Date Jan 19, 2023

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]

Industry Banks
Founded 1970
CEO John Turner
Employees 19,950
Stock Exchange NYSE
Ticker Symbol RF
Full Company Profile

Financial Performance

In 2021, RF's revenue was $6.96 billion, an increase of 40.45% compared to the previous year's $4.96 billion. Earnings were $2.40 billion, an increase of 142.18%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for RF stock is "Buy." The 12-month stock price forecast is 25.01, which is an increase of 7.99% from the latest price.

Price Target
$25.01
(7.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Regions Next Step Survey Finds Many Americans Aren't Prepared for Medical Expenses

BIRMINGHAM, Ala.--( BUSINESS WIRE )--Regions Bank on Tuesday announced the results of a new medical financial hardship survey that finds people are not financially prepared to cover medical expenses or ...

5 days ago - Business Wire

Regions Bank Launches Multi-Assets Solutions Group, Combining Investment Research Strengths of Regions and Highland A...

BIRMINGHAM, Ala.--( BUSINESS WIRE )--Regions Bank on Monday announced the launch of its Multi-Assets Solutions Group, the result of combining the bank's Investment Research Group with the research team ...

6 days ago - Business Wire

Regions Bank Introduces Tuition-Free Education Benefits to All Associates through Guild

BIRMINGHAM, Ala.--( BUSINESS WIRE )--Regions Bank associates can now earn a degree, tuition-free, through Guild. The education benefits are available to all full-time and part-time associates on their f...

2 weeks ago - Business Wire

Regions Bank Named Military Friendly Employer and Military Spouse Friendly Employer

BIRMINGHAM, Ala.--( BUSINESS WIRE )--Regions Bank is proud to announce it has been designated as a 2023 Military Friendly Employer and 2023 Military Spouse Friendly Employer by Military Friendly®, an or...

2 weeks ago - Business Wire

Regions Bank Increases its Prime Lending Rate

BIRMINGHAM, Ala.

1 month ago - Business Wire

Final Trades: Pfizer, Regions Financial, Disney & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: DISPFEHON
1 month ago - CNBC Television

Regions Financial (RF) Q3 Earnings Lag, Revenues Top Estimates

Regions Financial's (RF) Q3 earnings witness a negative surprise despite improvements in NII and average loan balances. A rise in expenses and higher provision for credit losses act as spoilsports.

1 month ago - Zacks Investment Research

Regions Financial (RF) Misses Q3 Earnings Estimates

Regions Financial (RF) delivered earnings and revenue surprises of -5.08% and 3.23%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Strong Revenue. Disciplined Expense Management.

BIRMINGHAM, Ala.

1 month ago - Business Wire

Gutsy Investors Load Up On 9 Stocks In Surprise $1.3 Trillion Rally

Many S&P 500 investors are still hiding from the bear. But some are stepping in front of what they think is a moneymaking moment.

1 month ago - Investors Business Daily

Soft Fee Income to Impede Regions Financial's (RF) Q3 Earnings

A decent lending scenario is expected to have driven Regions Financial's (RF) Q3 NII. Lower fee income on falling mortgage income and service charges on deposit are likely to have been growth hurdles.

1 month ago - Zacks Investment Research

Earnings Preview: Regions Financial (RF) Q3 Earnings Expected to Decline

Regions Financial (RF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Sending Payments in Real Time: Regions Bank Launches Digital Solution for Business Clients

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank announced a digital solution enabling Corporate Banking clients to send real-time payments via the RTP® network from The Clearing House.

1 month ago - Business Wire

Regions Financial to Participate in BancAnalysts Association of Boston Conference

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. announced company executives will participate in the upcoming BancAnalysts Association of Boston Conference.

1 month ago - Business Wire

American Banker Magazine Honors Kate Danella of Regions Bank

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Kate Danella, head of Regions Bank's Consumer Banking Group, has been honored as one of American Banker's 25 Most Powerful Women in Banking.

1 month ago - Business Wire

Rebuilding. Recovering.

FORT MYERS, Fla.--(BUSINESS WIRE)-- #Flwx--Regions Bank on Tuesday announced a series of financial services to help people and businesses impacted by Hurricane Ian. In addition, the Regions Foundation, ...

2 months ago - Business Wire

Regions Financial (RF) to Pay $191M for Illegal Overdraft Fees

Regions Financial (RF) will pay a $50-million civil monetary penalty and refund customers around $141 million for surprise overdraft fees charged earlier.

2 months ago - Zacks Investment Research

Grabar Law Office Investigates Shareholder Claims Against Officers and Directors of Regions Financial Corporation (RF...

Philadelphia, Pennsylvania--(Newsfile Corp. - September 30, 2022) - Regions Bank has been ordered by The Consumer Financial Protection Bureau (CFPB) to pay $191 million in refunds and fines for charging...

2 months ago - Newsfile Corp

Regions Bank Comments on Settlement with the Consumer Financial Protection Bureau

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Bank commented on a settlement with the CFPB regarding one type of overdraft fee that is no longer charged by the bank.

2 months ago - Business Wire

Regions Bank Strengthens Real Estate Capital Markets Capabilities with the Addition of Industry Veteran Kelly Henderson

GREAT NECK, N.Y.--(BUSINESS WIRE)-- #AffordableHousing--Regions Bank on Monday announced Kelly Henderson has joined the company's Real Estate Capital Markets division and will serve as syndications lead...

2 months ago - Business Wire

Are Investors Undervaluing Regions Financial (RF) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research