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Regions Financial Corp (RF.N)

RF.N on New York Stock Exchange

17.04USD
18 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Regions Financial Corporation Increases Quarterly Cash Dividend Approximately 56 Percent To $0.14 Per Share
Wednesday, 25 Jul 2018 

Regions Financial Corp ::REGIONS FINANCIAL CORPORATION INCREASES QUARTERLY CASH DIVIDEND APPROXIMATELY 56 PERCENT TO $0.14 PER SHARE.  Full Article

Regions Financial Corp Proposed Capital Actions Include Increasing Dividend To $0.14
Thursday, 28 Jun 2018 

June 28 (Reuters) - Regions Financial Corp ::REGIONS FINANCIAL CORP. ANNOUNCES CCAR RESULTS; PROPOSED CAPITAL ACTIONS INCLUDE INCREASING DIVIDEND TO $0.14, $2.031 BILLION STOCK REPURCHASE PROGRAM.  Full Article

Regions Bank Announced Integration Of Its Affordable Housing Businesses Into One Division
Friday, 27 Apr 2018 

April 27 (Reuters) - Regions Financial Corp ::REGIONS BANK - ANNOUNCED INTEGRATION OF ITS AFFORDABLE HOUSING BUSINESSES INTO ONE DIVISION.  Full Article

Regions Financial Corp Names John Turner CEO
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Regions Financial Corp ::REGIONS FINANCIAL CORP. NAMES JOHN TURNER CEO EFFECTIVE JULY 2, 2018; GRAYSON HALL TO SERVE AS EXECUTIVE CHAIRMAN.REGIONS FINANCIAL CORP - TURNER WILL SUCCEED CHAIRMAN AND CEO GRAYSON HALL.REGIONS FINANCIAL CORP - HALL WILL SERVE AS EXECUTIVE CHAIRMAN THROUGH END OF 2018.  Full Article

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
Tuesday, 2 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'
Tuesday, 7 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​
Friday, 4 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

FACTBOX-U.S. banks announce buybacks, dividend hikes after stress test results

June 29 Several U.S. banks announced share buybacks and dividend hikes after the Federal Reserve approved their capital plans following an annual stress test used by the central bank to evaluate capital planning abilities. Capital plans of household names such as JPMorgan Chase & Co , Citigroup Inc, Bank of America Corp and Wells Fargo & Co, as well as major regional lenders like Capital One Financial Corp and PNC Financial Services Group Inc were approved by the Fed on Thurs