|Bid||0.00 x 4000|
|Ask||11.76 x 2200|
|Day's Range||11.55 - 11.94|
|52 Week Range||6.94 - 17.54|
|Beta (5Y Monthly)||1.70|
|PE Ratio (TTM)||9.18|
|Earnings Date||Jul 17, 2020|
|Forward Dividend & Yield||0.62 (5.40%)|
|Ex-Dividend Date||Jun 04, 2020|
|1y Target Est||11.97|
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
Regions Financial Corp. (NYSE:RF) is scheduled to participate in the Morgan Stanley Financials Conference on Tuesday, June 9.
Eleven nonprofits. Thirty days. See how online votes will make a difference for organizations serving people with autism.
Whereas prior credit cycles saw flare-ups in certain industries with spillover effects into others, the forced economic shutdowns to limit the spread of coronavirus were different—swiftly impacting multiple industries at once. “Investors and bankers do not know the full extent of the impact from the COVID-19 coronavirus,” Gerard Cassidy, analyst at RBC Capital Markets, said in a note Friday. Cassidy analyzed the loan portfolios of the nation’s largest banks to see which had the largest exposure to “total elevated-risk loans” such as energy loans, leveraged loans, and other Covid-19-exposed areas.
The University of Alabama System will require students and staff returning to its three campuses in the coming months to submit online health checks regularly and encourage them to download its contact tracing app, officials told Reuters on Thursday. Researchers at several dozen U.S. universities are developing mobile apps that aim to curb new infections of the novel coronavirus, but Alabama is one of the first U.S. school systems to move forward on deploying such an app. The contact tracing mobile app, which is being built by Birmingham-based software developer MotionMobs, will use programming code released on Wednesday by Apple Inc and Alphabet Inc's Google that notifies people who were near users reporting as virus-positive.
Regions Financial Corp. (NYSE:RF) is scheduled to participate in the Deutsche Bank Global Financial Services Conference on Tuesday, May 26.
Regions Financial (RF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Regions Bank remains committed to providing financial education and guidance to customers, associates and communities it serves via Regions Next Step.
The Regions Foundation announced grant funding for 10 additional organizations that are helping small businesses impacted by the novel coronavirus.
Low interest rates and high technology costs are pushing smaller banks into the arms of bigger ones. Why Canada’s banks could keep shopping here
Regions Financial Corporation (NYSE:RF), operating in the financial services industry based in United States, saw a...
The Regions Foundation announced the latest in a series of grants to support community organizations helping small businesses impacted by COVID-19.
The Regions Foundation announced a series of grants for Community Development Financial Institutions helping businesses impacted by COVID-19.
Regions Financial declared cash dividends on its common shares, Series A preferred shares, Series B preferred shares, and Series C preferred shares.
Regions Bank has provided $2.8 billion in loans through the Paycheck Protection Program from April 3 to April 15, Regions Financial Corp. (NYSE RF) CEO John Turner said during the company's earnings call. The bank has since stopped accepting applications following the SBA’s announcement that funding through the PPP has been depleted but has said it will continue to work on applications in its queue that had not been processed in the event Congress approves a second round of funding – which could happen this week. In addition to stimulus programs, the bank has continued to lend with just over $10 billion in new and renewed loan originations to business customers in the first quarter and has provided a multitude of payment deferral requests due to the COVID-19 pandemic, according to the bank’s first quarter earnings call.
An accounting standards change and COVID-19 sparked a decline in first quarter profits at Regions Financial Corp.
Shares of Regions Financial (NYSE:RF) gained over 3% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share came in at $0.15.Revenue of $1,411,000,000 fell 2.62% from the same period last year.Looking Ahead Earnings guidance hasn't been issued by the company for now.Regions Financial hasn't issued any revenue guidance for the time being.Conference Call Details Date: Apr 17, 2020View more earnings on RFTime: 09:00 AM ETWebcast URL: https://ir.regions.com/news-and-events/events-and-presentationsRecent Stock Performance Company's 52-week high was at $17.5452-week low: $6.94Price action over last quarter: down 42.77%Company Profile Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset management, wealth management, securities brokerage, insurance, and trust services.See more from Benzinga * Citizens Financial Group: Q1 Earnings Insights * Recap: Schlumberger Q1 Earnings * Recap: IBERIABANK Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Shares of Regions Financial Corp. were indicated up about 1% in premarket trading Friday, after the regional bank reported first-quarter profit and revenue that missed expectations, hurt by COVID-19-related declines in customer activity and market volatility, but beat on net interest income (NII). Net income fell to $139 million, or 14 cents a share, from $378 million, or 37 cents a share, in the year-ago period. The results included a negative impact of 1 cent a share, from non-recurring costs such as branch consolidation costs. The FactSet consensus for earnings per share was 22 cents. Revenue declined to $1.41 billion from $1.45 billion a year ago, below the FactSet consensus of $1.46 billion. Net interest income fell 2.2% to $940 million, but beat the FactSet consensus of $920.4 million, while net interest margin slipped to 3.44% from 3.51% but topped expectations of 3.39%. Total loans declined to $83.25 billion from $83.73 billion, as declines in indirect vehicle, home equity and owner-occupied commercial real estate loans helped offset increases residential mortgages and commercial and industrial loans. The stock has lost 46.0% over the past three months through Thursday, while the SPDR Financial Select Sector ETF has declined 31.5% and the S&P 500 has shed 15.9%.
Investing.com - Regions Financial (NYSE:RF) reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.