After earnings have declined over the last three years, Regions Financial is expected to increase profits by at least 10% over the next two. Regions Financial currently holds over $39.4 billion in non-interest-bearing deposits, which represents over 31% of its total deposit base. That percentage is significantly larger than similar accounts for its peers. The company's top strength can be found in its geographic footprint. Regions Bank has its branches in the fastest-growing areas of the US, which should provide ample growth opportunities.
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Regions Financial (RF) have what it takes?
Regions Financial Corp.'s fourth-quarter results detailed digital transactions are gaining ground among a user base that is turning to mobile and online channels for everyday banking. Supplementals tied to the company's Friday (Jan. 17) earnings release noted that active mobile banking users were up 9% year on year to 2.6 million.
Regions Financial Corporation (NYSE:RF ) Q4 2024 Earnings Conference Call January 17, 2025 10:00 AM ET Company Participants Dana Nolan - Investor Relations John Turner - Chief Executive Officer David Turner - Chief Financial Officer Conference Call Participants Ryan Nash - Goldman Sachs Scott Siefers - Piper Sandler John Pancari - Evercore Peter Winter - D.A. Davidson Matt O'Connor - Deutsche Bank Erika Najarian - UBS Gerard Cassidy - RBC Betsy Graseck - Morgan Stanley Christopher Spahr - Wells Fargo Operator Good morning, and welcome to the Regions Financial Corporation's Quarterly Earnings Call.
RF's fourth-quarter 2024 results benefit from a rise in non-interest income and lower expenses.
The headline numbers for Regions Financial (RF) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Regions Financial (RF) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.52 per share a year ago.
RF's fourth-quarter earnings are likely to have been supported by increases in NII and fee income. Rising expenses are likely to have been headwinds.
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 during the quarter ended December 2024.
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) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.