Regions Financial Corporation (RF-PE)
| Previous Close | 17.05 |
| Open | 17.02 |
| Bid | 17.05 x 1300 |
| Ask | 17.10 x 800 |
| Day's Range | 17.03 - 17.32 |
| 52 Week Range | 14.16 - 19.33 |
| Volume | |
| Avg. Volume | 25,033 |
| Market Cap | N/A |
| Beta (5Y Monthly) | 1.21 |
| PE Ratio (TTM) | 7.18 |
| EPS (TTM) | 2.41 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.11 (6.52%) |
| Ex-Dividend Date | Jun 03, 2024 |
| 1y Target Est | N/A |
ZacksRegions Financial (RF) Q1 Earnings Miss Estimates, NII Falls Y/Y
Regions Financial's (RF) first-quarter earnings reflect increased non-interest income and deposit balances. However, elevated expenses and a decline in NII are near-term concerns.
ZacksRegions Financial (RF) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Regions Financial (RF) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- Reuters
WRAPUP 1-Wall St sees more pain ahead for US mid-sized lenders after Q1 profits decline
U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and muted loan growth drag their earnings. Regions Financial, Huntington Bancshares and Fifth Third Bancorp joined peers in reporting smaller first-quarter profits on Friday, due to a steep fall in their interest income. Net interest margin, a key measure of banking profitability that takes into account earnings from interest on loans and payments on deposits, also contracted across regional lenders for the second straight quarter.
