January 19, 2018 / 11:15 AM / a year ago

BRIEF-Regions reports Q4 Earnings Per Share $0.27 From Continuing Operations

Jan 19 (Reuters) - Regions Financial Corp:

* REGIONS REPORTS FULL YEAR 2017 EARNINGS OF $1.2 BILLION, UP 9 PERCENT OVER THE PRIOR YEAR, AND EARNINGS PER SHARE OF $1.00, UP 15 PERCENT

* Q4 EARNINGS PER SHARE $0.27 FROM CONTINUING OPERATIONS

* Q4 EARNINGS PER SHARE VIEW $0.26 — THOMSON REUTERS I/B/E/S

* Q4 REVENUE $1.5 BILLION VERSUS I/B/E/S VIEW $1.44 BILLION

* - QUARTER-END NON-GAAP FULLY PHASED-IN PRO-FORMA BASEL III COMMON EQUITY TIER 1 RATIO IS 10.8 PERCENT VERSUS 11.2 PERCENT AT Q3-END

* - QUARTER-END TIER 1 CAPITAL RATIO IS 11.7 PERCENT VERSUS 12.1 PERCENT IN Q3-END

* REGIONS - ON AN ADJUSTED BASIS, QTRLY NET INTEREST INCOME AND OTHER FINANCING INCOME ON FTE BASIS WAS $930 MILLION, UP 1 PERCENT OVER THE PRIOR QUARTER

* REGIONS FINANCIAL - ON AN ADJUSTED BASIS, QTRLY NET INTEREST MARGIN WAS 3.39 PERCENT, AN INCREASE OF 3 BASIS POINTS FROM PRIOR QUARTER

* REGIONS FINANCIAL SAYS IN CONNECTION WITH TAX CUTS AND JOBS ACT, CO INCURRED $29 MILLION TAX-RELATED CHARGE IN QUARTER

* REGIONS FINANCIAL-QTRLY NET CHARGE-OFFS TOTALED $63 MILLION OR 0.31 PERCENT OF AVERAGE LOANS VERSUS $76 MILLION OR 0.38 PERCENT OF AVERAGE LOANS IN PREVIOUS QUARTER

* REGIONS FINANCIAL - COMPARED WITH Q3 2017, QTRLY AVERAGE LOANS AND LEASES REMAINED RELATIVELY STABLE AT $79.5 BILLION Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below