Regions Financial

Regions (RF) Reports Q2 Earnings as Expected, Revenues Up Y/Y
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Regions Financial Corporation RF reported second-quarter 2019 adjusted earnings of 39 cents per share, in line with the Zacks Consensus Estimate. Results were up 14.7% year over year.

Income from continuing operations available to common shareholders was $374 million or 37 cents per share compared with $362 million or 32 cents per share reported in the year-ago period.

Lower expenses and higher net interest income were the positive factors. Additionally, loans escalated. However, lower fee income, backed by reduced capital markets and mortgage banking income, were major drags. Additionally, elevated provisions were an undermining factor.

Revenues Up, Costs Drop

Adjusted total revenues (net of interest expense) came in at $1.45 billion in the reported quarter, missing the Zacks Consensus Estimate of $1.48 billion. The reported figure, however, inched up 1.3% from the year-ago quarter’s reported tally.


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https://finance.yahoo.com/news/regions-r...12874.html

Regions Financial's (RF) Q3 Earnings in Line, Revenues Up

Regions Financial Corporation RF reported third-quarter 2019 adjusted earnings of 39 cents per share, in line with the Zacks Consensus Estimate. Earnings were up 5.4% year over year.

Income from continuing operations available to common shareholders was $385 million compared with the $354 million reported in the year-ago period.

Lower expenses and higher non-interest income were the driving factors. However, lower net interest income due to reduced market-interest rates, were major drags. Additionally, elevated provisions were an undermining factor.

Revenues Up, Costs Drop

Adjusted total revenues (net of interest expense) came in at $1.49 billion in the reported quarter, outpacing the Zacks Consensus Estimate of $1.47 billion. The revenue figure also increased 2.5% from the year-ago quarter’s reported tally.



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https://finance.yahoo.com/news/regions-f...11308.html

Regions Financial (RF) Q4 Earnings Beat Estimates, Costs Up

Regions Financial Corporation’s RF fourth-quarter 2019 adjusted earnings of 40 cents per share surpassed the Zacks Consensus Estimate of 39 cents. Moreover, the figure reflects 5.3% rise year over year.

Net income from continuing operations available to common shareholders was $366 million compared with $390 million reported in the year-ago period.


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For 2019, adjusted earnings from continuing operations were $1.55 per share, which surpassed the Zacks Consensus Estimate of $1.53. Moreover, the figure reflects improvement from $1.44 per share recorded a year ago. Net income from continuing operations available to common shareholders for the year was $1.5 billion, almost stable year over year.

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https://finance.yahoo.com/news/regions-f...02703.html