Operator Good morning, and welcome to the Regions Financial Corporation's quarterly earnings call. My name is Christine, and I will be your operator for today's call. [Operator instructions] I will now turn the call over to Dana Nolan to begin.
Regions Financial Corporation’s RF fourth-quarter 2024 adjusted earnings per share of 59 cents beat the Zacks Consensus Estimate of 55 cents per share. This compares favorably with earnings of 52 cents per share in the year-ago quarter.
This was the stock's second consecutive day of losses.
Regions Financial Corp (RF) stock saw a decline, ending the day at $24.52 which represents a decrease of $-0.18 or -0.73% from the prior close of $24.7. The stock opened at $24.39 and touched a low of $24.
Third quarter results BIRMINGHAM, Ala., October 16, 2024--Regions Financial Corporation (NYSE:RF) today declared cash dividends on common shares, Series C, Series D, Series E and Series F ...
The Alabama-based regional bank reported stronger earnings on a bump in capital markets fee revenue and lower expenses, but its total loans declined and its charge-offs increased. It expects only modest loan growth this year.
Salem Investment Counselors Inc. decreased its holdings in shares of Regions Financial Co. (NYSE:RF – Free Report) by 65.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The holding company for Regions Bank posted revenue of $2.39 billion in the period. Its revenue net of interest expense was $1.82 billion, missing Street forecasts. Five analysts surveyed by Zacks expected $1.85 billion. For the year, the company reported profit of $1.89 billion, or $1.93 per share. Revenue was reported as $7.08 billion.
Regions Financial Corporation ( NYSE: RF) Q4 2024 Earnings Conference Call January 17, 2025 10:00 AM ET Dana Nolan - Investor Relations John Turner - Chief Executive Officer David Turner - Chief Financial Officer
Besides Wall Street's top -and-bottom-line estimates for Regions Financial (RF), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared ...
The bank’s loan book experienced continued modest declines in business loan balances during the fourth quarter.
Regions Financial issued soft 2025 guidance after posting lackluster Q4 results, with net interest income expected to increase 2%-5% and stock falling 0.8%.