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Regions Financial Corp (RF.N)

RF.N on New York Stock Exchange

19.40USD
20 Feb 2018
Change (% chg)

$-0.05 (-0.26%)
Prev Close
$19.45
Open
$19.47
Day's High
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Day's Low
$19.31
Volume
1,222,890
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$19.90
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$13.00

Latest Key Developments (Source: Significant Developments)

Regions reports Q4 Earnings Per Share $0.27 From Continuing Operations
Friday, 19 Jan 2018 

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.  Full Article

Regions Financial Corp Says Co Increased Minimum Wage To $15 Per Hour
Wednesday, 3 Jan 2018 

Jan 2 (Reuters) - Regions Financial Corp ::REGIONS FINANCIAL CORP - COMPANY INCREASES MINIMUM WAGE TO $15 PER HOUR.REGIONS FINANCIAL - INCREASING 2018 CAPITAL EXPENDITURES BUDGET BY ABOUT $100 MILLION, OR 50%, OVER 2017 LEVEL.  Full Article

Wells fargo & ceo sloan 'today most millenial customers are not particularly profitable'
Wednesday, 8 Nov 2017 

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 

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 sees 2017 net interest income, other financing income growth of 3 pct-5 pct - SEC filing
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Regions Financial Corp :Sees 2017 net interest income and other financing income growth of 3 percent to 5 percent - SEC filing.  Full Article

Regions Financial says cooperating with investigation by U.S. attorney’s office - SEC filing‍​
Saturday, 5 Aug 2017 

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 announces results of tender offer for 2.00% senior notes
Friday, 19 Aug 2016 

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
Friday, 19 Aug 2016 

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 

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
Tuesday, 26 Jul 2016 

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

BRIEF-Regions Financial Corp Says On Track To Meet Long-Term Financial Targets‍​

* REGIONS FINANCIAL CORP SAYS ON TRACK TO MEET LONG-TERM FINANCIAL TARGETS‍​- SEC FILING