RF Stock Recent News

Regions Financial (RF) outlines the importance of managing its deposit costs to achieve its NII guidance for 2024.

Increasing expenses and a decline in revenues compared with the prior-year quarter's level affect Regions Financial's (RF) Q4 earnings.

Regions Financial Corporation (RF) Q4 2023 Earnings Call Transcript

Regions Financial saw loan demand remain soft in the fourth quarter as customers continued to be cautious. Average and ending loans decreased “modestly” compared to the previous quarter, according to a presentation released Friday (Jan. 19) in conjunction with the bank's quarterly earnings call.

While the top- and bottom-line numbers for Regions Financial (RF) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Regions Financial (RF) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.67 per share a year ago.

Regions Financial Corp has reported a decline in fourth-quarter earnings as it generated less interest income and faced a number of additional charges. The Birmingham, Alabama-based lender reported a 2% decline in revenue to $1.81 billion for the three months to December 31, 2023, narrowly beating the $1.8 billion consensus of analysts polled by Zacks Investment Research.

Regions Financial (RF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Get a deeper insight into the potential performance of Regions Financial (RF) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Declining NII, and a rise in expenses and reserves are likely to have affected Regions Financial's (RF) Q4 performance. Average interest-earning asset growth is likely to have supported financials.