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Stock impact report

Regions reports first quarter 2020 earnings of $139 million, and earnings per share of $0.14

Regions Financial Corporation (RF) 
Last regions financial corporation earnings: 4/17 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.regions.com
Company Research Source: Business Wire
Delivered pre-tax pre-provision income(1) of $577 million, despite challenging macroeconomic environment BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corporation (NYSE:RF) today announced earnings for the first quarter ended March 31, 2020. The company reported net income available to common shareholders of $139 million, and earnings per diluted share of $0.14. Pre-tax pre-provision income(1) of $577 million was driven by loan and deposit growth and a proactive interest rate hedging strategy amid a challenging macroeconomic environment.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200417005093/en/"This quarter Regions continued to deliver steady performance across our businesses while managing the impacts of an uncertain and challenging economic backdrop," said John Turner, President and CEO. “Over the past decade we’ve strengthened our capital position, risk management framework and have constructed a balance s Show less Read more
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