Regions Financial Corp. Profit Advances In Q3, Beats estimates

(RTTNews) - Regions Financial Corp. (RF) revealed earnings for its third quarter that increased from the same period last year.

The company's earnings came in at $624 million, or $0.65 per share. This compares with $501 million, or $0.52 per share, in last year's third quarter.

Analysts had expected the company to earn $0.52 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.8% to $1.61 billion from $1.64 billion last year.

Regions Financial Corp. earnings at a glance:

-Earnings (Q3): $624 Mln. vs. $501 Mln. last year. -EPS (Q3): $0.65 vs. $0.52 last year. -Analysts Estimate: $0.52 -Revenue (Q3): $1.61 Bln vs. $1.64 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story


Latest Markets Videos


Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More