Q4 Earnings Snapshot
· 7h · on MSN
Regions Financial (RF) Q4 2024 Earnings Call Transcript
Regions Financial Q4 Earnings Beat, Non-Interest Income Rises Y/Y
Regions Financial: Q4 Earnings Snapshot
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.
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.
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 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).
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 ...
NYSE:RF) A Strong Foundation for 2025. Regions reports 2024 earnings of $1.8 billion, earnings per diluted share of $1.93
U.S. regional bank Regions Financial reported a 38% increase in fourth-quarter profit on Friday, driven by higher fees from advising on deals and fewer provisions for potentially souring loans in a tough economy.
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%.
Regions Financial Corporation (NYSE:RF) reported its fourth-quarter 2024 earnings on January 17, 2025. The company missed analysts' expectations, reporting earnings per share (EPS) of $0.53, below the forecasted $0.
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