Q4 Earnings Snapshot
· 3h
Regions Financial (RF) Q4 2024 Earnings Call Transcript
Regions Financial Q4 Earnings Beat, Non-Interest Income Rises Y/Y
Regions Financial: Q4 Earnings Snapshot
The holding company for Regions Bank posted revenue of $2.39 billion in the period. Its revenue net of interest expense was $1.82 billion, missing Street forecasts. Five analysts surveyed by Zacks expected $1.85 billion. For the year, the company reported profit of $1.89 billion, or $1.93 per share. Revenue was reported as $7.08 billion.
This was the stock's second consecutive day of losses.
Regions Financial Corp (RF) stock saw a decline, ending the day at $24.52 which represents a decrease of $-0.18 or -0.73% from the prior close of $24.7. The stock opened at $24.39 and touched a low of $24.
The Alabama-based regional bank reported stronger earnings on a bump in capital markets fee revenue and lower expenses, but its total loans declined and its charge-offs increased. It expects only modest loan growth this year.
NYSE:RF) A Strong Foundation for 2025. Regions reports 2024 earnings of $1.8 billion, earnings per diluted share of $1.93
Third quarter results BIRMINGHAM, Ala., October 16, 2024--Regions Financial Corporation (NYSE:RF) today declared cash dividends on common shares, Series C, Series D, Series E and Series F ...
Regions Financial Corporation (NYSE:RF) reported its fourth-quarter 2024 earnings on January 17, 2025. The company missed analysts' expectations, reporting earnings per share (EPS) of $0.53, below the forecasted $0.
The bank’s loan book experienced continued modest declines in business loan balances during the fourth quarter.
Regions Financial issued soft 2025 guidance after posting lackluster Q4 results, with net interest income expected to increase 2%-5% and stock falling 0.8%.
Regions Financial (RF) delivered earnings and revenue surprises of 7.27% and 2.14%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
Long believed to be the stronghold of Wall Street heavy hitters such as JPMorgan Chase and Goldman Sachs, investment banking and trading have become increasingly vital for mid-sized banks as a robust dealmaking environment offers lucrative fee prospects.
The headline numbers for Regions Financial (RF) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback