Thu, Jul 24, 2014, 10:37 AM EDT - U.S. Markets close in 5 hrs 23 mins


% | $
Click the to save as a favorite.

Regions Financial Corporation Message Board

  • citioec citioec Nov 10, 2011 12:23 PM Flag

    Dump RF Dilution stays around $4 TARP Payback 500mil. Shares Issues!!!


    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Great analysis (yeap!!!). Dumb as a rock.

      How about some real analysis:

      Current Tangible Equity is $7.6B
      Current outstanding shares 1.26B
      Current Tangible book value/share: $6.03

      Management knows the market has way undervalued the stock and they are not about to issue new stock at $4/share to repay Tarp. Tarp will be repaid in 2012 from proceeds of the sale of M/K (probably $1B) plus cash on hand and enough new stock to maintain tier 1 capital at FDIC's "well capitalized" level. 2 more quarters of improved earnings and improved loan quality will drive a price closer to book. That is when they will issue approx 300 million new shares.

      Projected Tangible Equity 3-31-12: $7.9B
      Add $1B for sale of M/K
      Add $1.8B from sale of 300 million shares at $6/share
      New Tangible Equity after repayment of Tarp: $10.7B
      Outstanding shares: 1.56B
      Projected Tangible Book/share: $6.86

10.185+0.085(+0.84%)10:36 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.