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United States

Regions Financial Corp (RF.N)

RF.N on New York Stock Exchange

15.56USD
22 Nov 2017
Change (% chg)

$-0.10 (-0.64%)
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Latest Key Developments (Source: Significant Developments)

Wells fargo & ceo sloan 'today most millenial customers are not particularly profitable'
Tuesday, 7 Nov 2017 02:59pm EST 

Wells Fargo & Co :Ceo sloan: 'today most millenial customers are not particularly profitable'., wells fargo, other bank ceos say bank capital rules should be risk- rather than size-based.  Full Article

Regions reports Q3 earnings per share of $0.25
Tuesday, 24 Oct 2017 06:00am EDT 

Oct 24 (Reuters) - Regions Financial Corp ::Regions reports third quarter 2017 earnings from continuing operations of $296 million and earnings per share of $0.25.Q3 earnings per share $0.25 from continuing operations.Q3 earnings per share view $0.25 -- Thomson Reuters I/B/E/S.Q3 revenue $1.44 billion versus I/B/E/S view $1.44 billion.Qtrly ‍average loans and leases totaled $79.6 billion, decrease of less than 1 percent from q2.Qtrly net interest income and other financing income on FTE basis $921​ million versus $856 million last year.Quarter-end fully phased-in pro-forma non-GAAP basel III common equity tier 1 ratio 11.2 percent versus 11.4 percent at q2-end.Qtrly ‍net interest margin increased 30 basis points​.Quarter-end tier 1 capital ratio 12.1 percent versus 12.3 percent at q2-end.Net charge-offs totaled $76 million during q3 compared to $68 million in previous quarter​.  Full Article

Regions Financial says cooperating with investigation by U.S. attorney’s office - SEC filing‍​
Friday, 4 Aug 2017 02:46pm EDT 

Aug 4 (Reuters) - Regions Financial Corp ::Cooperating with investigation by United States attorney’s office for the eastern district of New York - SEC filing‍​.Investigation on co's banking relationship with former customer, accounts maintained by entities, individuals affiliated with customer.  Full Article

Regions Financial raises quarterly dividend to $0.09/shr
Thursday, 27 Jul 2017 04:30pm EDT 

July 27 (Reuters) - Regions Financial Corp ::Regions Financial increases quarterly cash dividend approximately 29 percent to $0.09 per share; adopts proxy access by-law amendment.Regions Financial Corp - Regions Financial increases quarterly cash dividend approximately 29 percent to $0.09 per shar.  Full Article

Regions reports Q2 revenue $1.43 billion
Friday, 21 Jul 2017 06:00am EDT 

July 21 (Reuters) - Regions Financial Corp :Regions reports second quarter 2017 earnings from continuing operations of $301 million, up 18 percent over the prior year, and earnings per share of $0.25, up 25 percent.Q2 earnings per share $0.25 from continuing operations.Q2 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Q2 revenue $1.43 billion.Regions Financial Corp - Qtrly ‍average loans and leases remained relatively stable at $80.1 billion​.Regions Financial Corp - Qtrly ‍net interest margin increased 17 basis points​.Regions Financial Corp - Quarter-end fully phased-in pro-forma non-GAAP basel iii common equity tier 1 ratio 11.3 ‍​ percent versus 10.8 percent last year.Regions Financial Corp - Qtrly net interest income and other financing income $882 ‍​ million versus $848 million last year.Regions Financial Corp - Quarter-end tier 1 capital ratio 12.2 ‍​ percent versus 11.7 percent last year.Qtrly net charge-offs decreased 1 basis points to 0.34 percent of average loans‍​.  Full Article

Regions Financial Corp says capital plan included repurchase of up to $1.47 billion of common stock
Wednesday, 28 Jun 2017 04:36pm EDT 

June 28 (Reuters) - Regions Financial Corp :Regions Financial Corp - regions' capital plan included repurchase of up to $1.47 billion of regions' common stock.Regions Financial Corp - capital plan also included a proposed increase of regions' quarterly common stock dividend to $0.09 per common share.  Full Article

Regions Financial sees 2017 net interest income and other financing income growth of 3pct-5pct
Tuesday, 23 May 2017 09:32am EDT 

May 23 (Reuters) - Regions Financial Corp ::Sees 2017 net interest income and other financing income growth of 3pct-5pct.Regions Financial says expects modest growth of average and ending loans on a sequential linked-quarter basis throughout rest of 2017.Sees 2017 adjusted non-interest income growth of 1pct-3pct.  Full Article

Regions reports Q1 2017 earnings from continuing operations of $278 mln
Tuesday, 18 Apr 2017 06:00am EDT 

April 18 (Reuters) - Regions Financial Corp :Regions reports first quarter 2017 earnings from continuing operations of $278 million, up 8 percent over the prior year, and earnings per share of $0.23, up 15 percent.Q1 earnings per share $0.23 from continuing operations.Q1 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Q1 revenue $1.39 billion.Qtrly net interest margin was 3.25 percent, up 9 basis points versus Q4 2016.Quarter-end basel III common equity tier 1 ratio (non-GAAP) is 11.2 percent versus 10.7 percent last year.Regions Financial Corp says net charge-offs totaled $100 million or 0.51 percent of average loans during Q1 compared to $83 million in previous quarter.Quarter-end tier 1 capital ratio is 12.1 percent versus 11.6 percent last year.Regions Financial Corp says Q1 net interest income $859 million versus $862 million last year.  Full Article

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

BRIEF-Regions reports Q3 earnings per share of $0.25

* Regions reports third quarter 2017 earnings from continuing operations of $296 million and earnings per share of $0.25