Edition:
United States

Regions Financial Corp (RF)

RF on New York Consolidated

14.06USD
27 Mar 2017
Change (% chg)

$-0.17 (-1.19%)
Prev Close
$14.23
Open
$13.85
Day's High
$14.12
Day's Low
$13.61
Volume
8,871,891
Avg. Vol
19,267,412
52-wk High
$16.03
52-wk Low
$7.53

Latest Key Developments (Source: Significant Developments)

Regions Financial Q4 earnings per share $0.23
Friday, 20 Jan 2017 06:00am EST 

Regions Financial Corp : Regions Financial Corp qtrly basel III common equity tier 1 ratio (non-gaap) 11.0% versus 10.7% last year . Regions reports full year 2016 earnings of $1.1 billion, up 10 percent over the prior year, and earnings per share of $0.87, up 16 percent . Q4 earnings per share $0.23 . Q4 earnings per share view $0.23 -- Thomson Reuters I/B/E/S . Q4 revenue $1.4 billion . Qtrly net interest margin was 3.16 percent, up 10 basis points from q3 . Qtrly net interest income and other financing income $ 853 million versus $ 836 million .Regions Financial Corp qtrly tier 1 capital ratio 11.9% versus 11.7% last year.  Full Article

QTS increases unsecured credit facility by $300 mln to $1.2 bln
Wednesday, 21 Dec 2016 05:52pm EST 

QTS Realty Trust Inc : QTS increases unsecured credit facility by $300 million to $1.2 billion and extends maturity date . QTS Realty Trust Inc - credit facility also provides for a $300 million accordion feature to increase credit facility up to $1.5 billion .QTS increases unsecured credit facility by $300 million to $1.2 billion and extends maturity date.  Full Article

Regions Financial Corp sees 2017 net charge offs 35-50 Bps
Monday, 5 Dec 2016 05:45pm EST 

Regions Financial Corp :Regions financial corp - sees 2017 net charge offs 35-50 bps, sees 2017 average loan growth low single digits.  Full Article

Regions Financial announces results of tender offer for 2.00% senior notes
Thursday, 18 Aug 2016 06:21pm EDT 

Regions Financial Corp : Regions Financial Corporation announces results of tender offer for 2.00% senior notes due 2018 .Says received tenders for an aggregate principal amount of $649.2 million of its outstanding 2.00% senior notes due 2018.  Full Article

Regions Financial announces consideration for tender offer for 2.00 pct senior notes due 2018
Thursday, 18 Aug 2016 03:12pm EDT 

Regions Financial Corp: Regions Financial Corporation announces consideration for tender offer for 2.00 pct senior notes due 2018 .Tender offer will expire on August 18, 2016.  Full Article

Regions Financial says reached settlement amount with DOJ on behalf of HUD - SEC filing
Friday, 5 Aug 2016 12:22pm EDT 

Regions Financial: Settlement will not have material effect on consolidated financial position, results of operations or cash flows as a whole .Reached agreement in principle on settlement amount with DOJ on behalf of U.S. department of Housing and Urban development - sec filing.  Full Article

Regions Financial sees 2016 average loan growth of 3-5 pct
Monday, 25 Jul 2016 04:52pm EDT 

Regions Financial Corp : Sees 2016 average loan growth of 3% - 5% . Sees 2016 net interest income and other fianncing income up 2%-4% .Sees 2016 net charge-offs of 25 - 35 bps; continue to expect to be at top end of range - sec filing.  Full Article

Regions Financial reports Q2 earnings per share of $0.20
Tuesday, 19 Jul 2016 06:32am EDT 

Regions Financial Corp : Q2 net interest income $848 million versus $820 million last year . Regions Financial Corp qtrly net interest margin (FTE) 3.15 percent versus 3.16 percent . Regions Financial Corp qtrly average loans and leases totaled $82 billion, an increase of 1 percent versus q1 of 2016 . Incurred $3 million of additional legal and regulatory charges related to pending settlement of previously disclosed matters . Charges incurred in quarter related to ongoing efficiency efforts as company executes its plan to eliminate $300 million in expenses through 2018 . Qtrly net charge-offs totaled $72 million, a 5 percent increase from previous quarter . Regions reports earnings of $259 million and earnings per share of $0.20 for the second quarter of 2016 . Q2 earnings per share $0.20 . Q2 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Q2 revenue $1.4 billion . Q2 earnings per share $0.20 from continuing operations . In Q2, co incurred $22 million of property-related costs related to consolidation of 60 branches, occupancy optimization initiatives . Branches are expected to close in q4 of 2016 . Including 60 branches, announced consolidation of 90 branches as part announcement to consolidate 100 to 150 branches through 2018 . Company benefited from a $6 million FDIC insurance refund related to overpayments in prior periods . Regions Financial Corp qtrly Basel III Common Equity Tier 1 Ratio (Non-gaap) is 10.7% versus 11.1%.  Full Article

Regions Financial Corp announces $640 mln share buyback
Thursday, 14 Jul 2016 03:30pm EDT 

Regions Financial Corp: Regions Financial Corporation announces $640 million common stock repurchase program and declares quarterly common and preferred stock dividends .Authority granted under repurchase program expires on June 30, 2017.  Full Article

Regions Financial announces CCAR results
Wednesday, 29 Jun 2016 05:04pm EDT 

Regions Financial Corp : Regions Financial Corp announces CCAR results . Federal Reserve indicated it does not object to company's capital plan and proposed capital actions for Q3 of 2016 . Regions may undertake as outlined in its capital plan include repurchase of up to $640 million in common shares . Continuing $0.065 quarterly common stock dividend which Regions' board of directors approved in May .Capital plan also provides potential for a dividend increase beginning in Q2 of 2017.  Full Article

More From Around the Web

BRIEF-Regions Financial Q4 earnings per share $0.23

* Regions Financial Corp qtrly basel III common equity tier 1 ratio (non-gaap) 11.0% versus 10.7% last year