- Total deposits were reported at $127.69 billion, meeting the estimate of $126.94 billion.
- Total loans stood at $96.12 billion, slightly below the estimate of $96.59 billion.
- Net interest income (FTE) came in at $1.21 billion, closely aligning with the $1.22 billion estimate.
- The net interest margin (FTE) was 3.52%, slightly below the expected 3.55%.
- Earnings per share (EPS) were 51 cents, matching the estimate.
- The common equity Tier 1 ratio was 10.8%, in line with the estimate.
- Adjusted revenue came in at $1.81 billion.
- Non-interest income was $590 million, falling short of the $616.3 million estimate.
- Net charge-offs were reported at $123 million, nearly meeting the estimate of $123.5 million.
- Non-interest expenses totaled $1.04 billion, coming in below the $1.09 billion estimate.
- The provision for credit losses was reported at $124 million, slightly below the estimated $125 million.
- Analyst recommendations include 12 buys, 12 holds, and 1 sell rating.
Regions Financial on Smartkarma
Analysts on Smartkarma, such as Baptista Research, are closely monitoring Regions Financial Corporation. In their report titled “Regions Financial Corporation: Deposit Pricing Strategy As A Strategic Growth Enabler! – Major Drivers,” they note the company’s mixed results for the 2024 fiscal year. Despite challenges, Regions Financial reported strong full-year earnings of $1.8 billion, with an impressive earnings per share at $1.93 and a return on average tangible common equity of 18%. The analysts attribute this performance to robust showings in capital markets, wealth management, and treasury operations, which all achieved record revenues.
A look at Regions Financial Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Regions Financial Corporation, a regional multi-bank holding company providing a range of financial services across the South, Midwest, and Eastern United States, has garnered strong Smart Scores across multiple key factors. With solid scores in Value, Dividend, Resilience, and a respectable score in Growth, the outlook for Regions Financial appears positive in the long term. Investors may find favor in the company’s stable dividend payments, perceived value in the market, and its proven ability to weather economic downturns, as indicated by its Resilience score.
While Regions Financial shows room for improvement in its Growth and Momentum scores, the company’s overall performance across the Smart Karma Smart Scores suggests a promising outlook for the future. With a balanced combination of strength in various critical factors, Regions Financial seems positioned to deliver relatively stable returns to investors over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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