Regions Financial misses Q4 2024 estimates
This was the stock's second consecutive day of losses.
Wedmont Private Capital bought a new position in shares of Regions Financial Co. (NYSE:RF – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
BIRMINGHAM, Ala. - Regions Financial Corporation (NYSE:RF) reported fourth quarter earnings that fell short of analyst expectations, as higher expenses offset solid revenue growth. The Birmingham ...
and welcome to the Regions Financial Corporation's Quarterly Earnings Call. My name is Christine, and I will be your operator for today's call. (Operator Instructions) I will now turn the call over to Dana Nolan to begin. Thank you for staying. Welcome to ...
BIRMINGHAM, Ala. - Regions Financial Corporation (NYSE:RF) reported fourth quarter earnings that fell short of analyst expectations, as higher expenses offset solid revenue growth. The Birmingham-based bank posted earnings per share of $0.53, missing the ...
Salem Investment Counselors Inc. decreased its holdings in shares of Regions Financial Co. (NYSE:RF – Free Report) by 65.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
"We are excited to extend our work with Regions to help provide secure, standardized access to data," said Tom Hogan, vice president for Financial Services and Open Banking at Axway. "This allows their customers to benefit more from the expanding ecosystem of next generation fintechs and third-party data providers."
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.
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.
NYSE:RF) A Strong Foundation for 2025. Regions reports 2024 earnings of $1.8 billion, earnings per diluted share of $1.93
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.