Regions Financial (RF)
(Real Time Quote from BATS)
$21.78 USD
-0.15 (-0.68%)
Updated Sep 13, 2024 03:28 PM ET
3-Hold of 5 3
B Value F Growth A Momentum D VGM
Company Summary
Regions Financial Corporation is a Birmingham, AL-based financial holding company, providing retail and commercial and mortgage banking, as well as other financial services in asset management, wealth management, securities brokerage, trust services, mergers and acquisitions (M&A) advisory services, and other specialty financing.
The company has four business segments.
The Corporate Bank (constituting 45.1% of total average assets as of Jun 30, 2024) segment includes the company’s commercial banking functions, including commercial and industrial, commercial real estate, investor real estate lending, equipment lease financing, and capital market activities
The Consumer ...
Company Summary
Regions Financial Corporation is a Birmingham, AL-based financial holding company, providing retail and commercial and mortgage banking, as well as other financial services in asset management, wealth management, securities brokerage, trust services, mergers and acquisitions (M&A) advisory services, and other specialty financing.
The company has four business segments.
The Corporate Bank (constituting 45.1% of total average assets as of Jun 30, 2024) segment includes the company’s commercial banking functions, including commercial and industrial, commercial real estate, investor real estate lending, equipment lease financing, and capital market activities
The Consumer Bank (24.9%) segment comprises the company’s branch network, including consumer banking products and services and the corresponding deposit relationships.
The Wealth Management (1.3%) segment consists of wealth management products and services. This segment provides investment advice, assistance in managing assets, and estate planning to individuals and institutional clients.
Other (28.7%) include the company’s treasury function, the securities portfolio, wholesale funding activities, interest rate risk management activities, and other corporate functions unrelated to a strategic business unit.
In 2021, Regions Financial acquired Clearsight Advisors, Inc. and the specialized home improvement lender, EnerBank USA. Also, Regions Financial’s subsidiary, Regions Bank, acquired Sabal Capital Partners, LLC. In 2020, it acquired equipment finance lender, Ascentium Capital LLC. In 2019, Regions Financial closed the acquisition of Highland Associates, a leading institutional investment firm. In 2018, the company divested Regions Insurance Group.
As of Jun 30, 2023, Regions Financial had $154.1 billion of assets, $95.9 billion of loans, net of unearned income, $126.6 billion of deposits and $17.2 billion of shareholders' equity.
General Information
Regions Financial Corporation
1900 FIFTH AVENUE NORTH
BIRMINGHAM, AL 35203
Phone: 800-734-4667
Fax: 334-832-8419
Email: NA
Industry | Banks - Southeast |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Earnings Date | 10/18/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.52 |
Current Year EPS Consensus Estimate | 2.01 |
Estimated Long-Term EPS Growth Rate | 3.90 |
Earnings Date | 10/18/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 21.93 |
52 Week High | 23.47 |
52 Week Low | 13.72 |
Beta | 1.17 |
20 Day Moving Average | 6,730,745.00 |
Target Price Consensus | 23.66 |
4 Week | 3.79 |
12 Week | 15.97 |
YTD | 13.16 |
4 Week | 2.81 |
12 Week | 13.43 |
YTD | -3.54 |
Shares Outstanding (millions) | 915.12 |
Market Capitalization (millions) | 20,068.69 |
Short Ratio | NA |
Last Split Date | 7/1/2004 |
Dividend Yield | 4.56% |
Annual Dividend | $1.00 |
Payout Ratio | 0.49 |
Change in Payout Ratio | 0.07 |
Last Dividend Payout / Amount | 9/3/2024 / $0.25 |
Fundamental Ratios
P/E (F1) | 10.93 |
Trailing 12 Months | 11.13 |
PEG Ratio | 2.80 |
vs. Previous Year | -11.86% |
vs. Previous Quarter | 18.18% |
vs. Previous Year | -0.35% |
vs. Previous Quarter | 0.87% |
Price/Book | 1.29 |
Price/Cash Flow | 8.39 |
Price / Sales | 2.17 |
6/30/24 | 12.64 |
3/31/24 | 13.28 |
12/31/23 | 14.50 |
6/30/24 | 1.26 |
3/31/24 | 1.31 |
12/31/23 | 1.43 |
6/30/24 | 0.83 |
3/31/24 | 0.83 |
12/31/23 | 0.82 |
6/30/24 | 0.83 |
3/31/24 | 0.82 |
12/31/23 | 0.82 |
6/30/24 | 20.91 |
3/31/24 | 21.75 |
12/31/23 | 23.98 |
6/30/24 | 18.91 |
3/31/24 | 19.75 |
12/31/23 | 22.66 |
6/30/24 | 23.54 |
3/31/24 | 24.63 |
12/31/23 | 28.48 |
6/30/24 | 16.99 |
3/31/24 | 16.78 |
12/31/23 | 17.02 |
6/30/24 | 3.97 |
3/31/24 | 3.43 |
12/31/23 | 2.54 |
6/30/24 | 0.33 |
3/31/24 | 0.22 |
12/31/23 | 0.15 |
6/30/24 | 22.81 |
3/31/24 | 16.31 |
12/31/23 | 11.75 |