Regions Financial Corporation (RF)
NII & Loan Balance Aid Regions Financial's Growth Amid High Costs
RF's presence in strategic markets is likely to support its loan growth. However, a rising expense base due to technological development is a concern.
Regions Financial: The Newly Issued Preferred Shares Offer A 6.98% Yield
Regions Financial is a sizable regional bank with more than $150 billion in assets and low exposure to commercial real estate. The bank performed well in Q2, with net interest income increasing slightly and non-interest expenses decreasing significantly. Regions Financial recently issued new preferred shares with a fixed rate for the first five years and a reset based on the five-year US treasury rate plus a mark-up.
Regions Financial (RF) Tops Q2 Earnings, Provisions Decline (Revised)
Regions Financial's (RF) second quarter 2024 results were aided by a decline in non-interest expenses and a rise in deposits. Yet a decline in NII and non-interest income were major spoilsports.
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild'
Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Average balances for total loans were down 0.1% compared to the previous quarter and down 1.
Regions Financial Corporation (RF) Q2 2024 Earnings Call Transcript
Regions Financial Corporation (NYSE:RF ) Q2 2024 Results Conference Call July 19, 2024 10:00 AM ET Company Participants Dana Nolan - EVP, IR John Turner - President and CEO David Turner - CFO Conference Call Participants Ryan Nash - Goldman Sachs Scott Siefers - Piper Sandler Ken Usdin - Jefferies Erika Najarian - UBS Ebrahim Poonawala - Bank of America Matt O'Connor - Deutsche Bank Chris Spahr - Wells Fargo Gerard Cassidy - RBC John Pancari - Evercore Betsy Graseck - Morgan Stanley Operator Good morning. And welcome to the Regions Financial Corporation's Quarterly Earnings Call.
Regions Financial (RF) Q2 Earnings Top, Provisions Rise
Regions Financial's (RF) second-quarter 2024 results are aided by a decline in non-interest expenses and a rise in deposits. A decline in NII and non-interest income were major spoilsports.
Here's What Key Metrics Tell Us About Regions Financial (RF) Q2 Earnings
Although the revenue and EPS for Regions Financial (RF) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Regions Financial (RF) Q2 Earnings Beat Estimates
Regions Financial (RF) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.59 per share a year ago.
Regions Financial's quarterly profit falls on lower interest income
Regions Financial reported a 14% fall in its second-quarter profit on Friday, as the lender earned less from customers' interest payments.
Lower NII to Hurt Regions Financial (RF) in Q2 Earnings
Regions Financial's (RF) second-quarter 2024 results are likely to be hurt by lower NII and rising expenses. Yet, a decent fee income growth is likely to offer some support.
Regions Financial (RF) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
Regions Financial (RF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Regions Financial (RF) Rides on Robust Loan Amid High Costs
Regions Financial (RF) gains from consistent growth in loan balances, driven by its presence in strategic markets. However, a rise in expenses remains a concern.
