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Regions Financial Corp (RF.N)

RF.N on New York Stock Exchange

15.61USD
17 Jan 2019
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Latest Key Developments (Source: Significant Developments)

Regions Financial Corp Reports 3Q Earnings From Continuing Operations Of $354 Mln
Tuesday, 23 Oct 2018 

Oct 23 (Reuters) - Regions Financial Corp ::REGIONS REPORTS THIRD QUARTER 2018 EARNINGS FROM CONTINUING OPERATIONS OF $354 MILLION, UP 20 PERCENT OVER THE PRIOR YEAR, AND EARNINGS PER SHARE OF $0.32, UP 28 PERCENT.Q3 EARNINGS PER SHARE $0.32 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.50.Q3 EARNINGS PER SHARE VIEW $0.36 -- THOMSON REUTERS I/B/E/S.Q3 REVENUE $1.5 BILLION VERSUS I/B/E/S VIEW $1.46 BILLION.QTRLY NET INTEREST MARGIN INCREASED 14 BASIS POINTS.QTRLY NET INTEREST INCOME AND OTHER FINANCING INCOME $942 MILLION VERSUS $897 MILLION.QTRLY AVERAGE LOANS AND LEASES INCREASED 1 PERCENT AND TOTALED $81.0 BILLION FROM PRIOR QUARTER.QTRLY ANNUALIZED NET CHARGE-OFFS INCREASED 2 BASIS POINTS COMPARED TO Q3 OF 2017.  Full Article

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

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Federal Reserve unveils proposal to ease regulations for larger banks

WASHINGTON The Federal Reserve said on Wednesday it wants to ease regulations for U.S. lenders with less than $700 billion in assets, a way to lessen the burden on big commercial lenders that do not have volatile Wall Street businesses.