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0.00021510002150995 0.00105862951762759 -0.000628429474607687 0.00169127663971585 0.00738510073851009 0.00865039498268663 0.00780686548656884 0.00485451225015718
Stock impact report

Regions helped in third quarter by capital markets and wealth growth [Yahoo! Finance]

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: Yahoo! Finance
Birmingham, Alabama-based Regions Financial reported third-quarter net income totaling $490 million Friday, level with last year's result. Net interest income for the three months ending Sept. 30 totaled $1.23 billion. That was down nearly 6% from the same period in 2023, but the $157.4 billion-asset bank benefited from tight expense control and a lower provision for credit losses. In that respect, Regions' third-quarter results mirrored those from the second quarter , when effective financial restraint combined with lower loan charge-offs helped drive a $501 million profit. "During the third quarter, Regions continued its focus on delivering consistent, sustainable, long-term performance," Chairman and CEO John Turner said in a press release. "The investments we are making in talent, technology, products and services, along with our fast-growing markets, position us well to continue generating top-quartile returns." Regions is projecting full-year 2024 spread income totaling $ Show less Read more
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