RF - Regions Financial Corporation

NYSE - Nasdaq Real-time price. Currency in USD
16.58
+0.06 (+0.36%)
At close: 4:01PM EST

16.58 0.00 (0.00%)
After hours: 4:16PM EST

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Previous close16.52
Open16.50
Bid16.37 x 27000
Ask16.75 x 27000
Day's range16.40 - 16.58
52-week range12.39 - 17.35
Volume6,378,521
Avg. volume9,539,312
Market cap15.994B
Beta (3Y monthly)1.56
PE ratio (TTM)11.04
EPS (TTM)1.50
Earnings date17 Jan 2020
Forward dividend & yield0.62 (3.75%)
Ex-dividend date2019-12-05
1y target est17.54
  • Should Value Investors Pick Regions Financial (RF) Stock?
    Zacks

    Should Value Investors Pick Regions Financial (RF) Stock?

    Is Regions Financial (RF) a great pick from the value investor's perspective right now? Read on to know more.

  • U.S. Core Inflation Unexpectedly Decelerates as Rents Cool
    Bloomberg

    U.S. Core Inflation Unexpectedly Decelerates as Rents Cool

    (Bloomberg) -- A key measure of U.S. consumer prices unexpectedly cooled in October despite fresh tariffs on Chinese goods, a sign price gains may be slow to reach the Federal Reserve’s target even after interest-rate cuts this year.The core consumer price index, which excludes volatile food and energy costs, rose 2.3% from a year earlier, a Labor Department report showed Wednesday. That missed economist estimates, while the broader CPI climbed 0.4% and 1.8% annually, with both readings topping forecasts. The core measure was up 0.2% on the month, matching projections.“Inflation pressures remain fairly muted, and it’s certainly not going to be on the top of the Fed’s radar screen any time soon,” said Richard Moody, chief economist at Regions Financial Corp. “The broader story hasn’t changed.”The subdued annual core reading, driven by a deceleration in rents and falling apparel prices, follows a third-straight Fed rate cut last month and signals that policy makers face a longer wait to see whether easing since July is spurring faster price gains. Low unemployment and tariffs on Chinese goods may support inflation, though Chinese and American negotiators are moving toward a deal to roll back levies.President Donald Trump on Sept. 1 added tariffs on $112 billion of Chinese goods, on top of other levies already in effect. He said Tuesday that a deal is close, but the U.S. will “substantially” increase tariffs on China if the first step of a broader agreement isn’t reached.The Labor Department’s CPI tends to run higher than the Commerce Department’s personal consumption expenditures price index, which the Fed officially targets. The core PCE index that policy makers watch for a better read on underlying price trends has shown signs of firming in recent months, though September’s annual gain of 1.7% was below the 2% objective.Fed Chairman Jerome Powell said in congressional testimony Wednesday that inflation returning to near the central bank’s 2% objective is likely, though he added that persistently low readings could lead to an “unwelcome” slide in the public’s longer-run expectations for price gains. Gauges of investors’ and consumers’ inflation expectations remain near historical lows.Read more: Powell Says Policy Appropriate Amid Noteworthy Risks to OutlookThe measure for rent of primary residence rose 0.1% from a month earlier, the smallest gain since April 2011, Labor figures showed. The broader measure of shelter costs, which make up about a third of total CPI, also climbed 0.1% as prices for hotels and motels, which can be volatile, dropped by a record 4.4%.Elsewhere, apparel prices fell 1.8% on the month, the most since March. New vehicle prices fell for a fourth month, while used-car prices rose 1.3% after a 1.6% decline in the prior month.Energy prices climbed 2.7% from the prior month, the most since April. Food costs rose 0.2%, the most since May, while expenses for medical care climbed 1% for the steepest increase in three years.A separate Labor Department report Wednesday showed average hourly earnings, adjusted for price changes, fell 0.2% in October from a year earlier after no change in September. Higher inflation tends to erode wage gains.(Updates with economist comment in third paragraph, Powell testimony in seventh paragraph.)\--With assistance from Chris Middleton, Sophie Caronello and Reade Pickert.To contact the reporter on this story: Jeff Kearns in Washington at jkearns3@bloomberg.netTo contact the editor responsible for this story: Scott Lanman at slanman@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - November 07, 2019
    Zacks

    Improve Your Retirement Income with These 3 Top-Ranked Dividend Stocks - November 07, 2019

    The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

  • Have Insiders Been Selling Regions Financial Corporation (NYSE:RF) Shares This Year?
    Simply Wall St.

    Have Insiders Been Selling Regions Financial Corporation (NYSE:RF) Shares This Year?

    We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...

  • Zacks

    Bank Stock Roundup: Q3 Earnings in Full Swing; RF, FITB, COF Post Decent Numbers

    Decent Q3 results and relatively positive management comments support major banks' price performance.

  • Huntington (HBAN) Q3 Earnings Beat Estimates, Revenues Up
    Zacks

    Huntington (HBAN) Q3 Earnings Beat Estimates, Revenues Up

    Higher revenues, aided by rising loans, boost Huntington's (HBAN) Q3 earnings, partly muted by escalating costs and provisions.

  • Northern Trust (NTRS) Q3 Earnings & Revenues Top, Costs Up
    Zacks

    Northern Trust (NTRS) Q3 Earnings & Revenues Top, Costs Up

    Northern Trust's (NTRS) third-quarter 2019 results reflect higher revenues and credit provision, partly offset by escalating expenses.

  • Regions Financial's (RF) Q3 Earnings in Line, Revenues Up
    Zacks

    Regions Financial's (RF) Q3 Earnings in Line, Revenues Up

    Regions Financial's (RF) Q3 earnings reflect expansion in non-interest income and lower expenses, offset by declining net interest income and higher provisions.

  • Fee Income to Support Regions Financial's (RF) Q3 Earnings
    Zacks

    Fee Income to Support Regions Financial's (RF) Q3 Earnings

    Regions Financial's (RF) Q3 results anticipated to reflect soft loan growth, partially offset by likely upside in fee income.

  • Zacks

    Bank Stock Roundup: Q3 Earnings Season Unfolds, JPMorgan, BofA & Citi Top Estimates

    Investor sentiment upbeat on banks' Q3 earnings, with the major players displaying top-line strength on the back of higher fee income and loan growth.

  • Why Regions Financial (RF) is a Great Dividend Stock Right Now
    Zacks

    Why Regions Financial (RF) is a Great Dividend Stock Right Now

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Regions Financial (RF) have what it takes? Let's find out.

  • Banks Set for Tough 2020 as Analysts Fear Rates, Elections
    Bloomberg

    Banks Set for Tough 2020 as Analysts Fear Rates, Elections

    (Bloomberg) -- Banks may be set for a harder time in the next few years as they face slowing earnings-per-share growth and mounting concern about tax hikes and tighter regulation if Democrats win in 2020, analysts say.Citi’s Keith Horowitz sees reduced earnings forecasts as bank stock valuations are “flashing red.” He updated his estimates and price targets to incorporate four interest rate cuts through 2020, which left Citi below Street estimates for 2020 and 2021. He expects bank management teams may add lower rates to their 2020 outlooks for net interest income, or NII, which will “come in substantially lower than consensus.”At Jefferies, analyst Ken Usdin also flagged slower earnings and “sentiment hurdles.” The elections may return the “spotlight back to regulation and taxes,” he wrote. After years of “positive developments,” there may be “concerns about rollback if the Democrats gain control of the presidency and/or Senate.” In a worse-case scenario, Usdin said, reversing tax overhaul benefits might strip 12% from earnings per share.Bank stocks fell in Tuesday morning trading, with the KBW bank index sliding as much as 2.3%, as bonds rallied and the broader market dropped amid flaring trade tensions. Top decliners included interest-rate-sensitive Silicon Valley lender SVB Financial Group; Citizens Financial Group and Regions Financial Corp., which were downgraded earlier, and bellwethers Bank of America Corp. and Citigroup Inc., all of which shed more than 2.5%.Jefferies’ base case is for a stable economy, but “trade talk could tip it either way,” analyst Usdin added. Credit metrics still seem benign, but Jefferies expects higher charge-offs off a low base. Attractive dividend yields and a shift toward value stocks might help banks, he said, but “EPS revisions are biased down with more rate cuts likely.” Jefferies’s base case includes two more rate cuts by the end of 2020, with a 1.50% terminal rate, and a 10-year Treasury yield around 1.75%.Raymond James’s David Long also views earnings estimates as set to fall on lower rates. Slower loan growth will hurt banks too, as capital expenditures are poised to decline, loan pay-downs are rising, and there’s “increasing prudence among management teams at this point in the cycle.” At the same time, Long said, banks may get some relief as lower rates spur a refinancing wave, which may extend “the benign credit environment and low levels of provisioning.”All three analysts changed some bank ratings: Horowitz cut Citizens Financial Group Inc., Regions Financial Corp., and U.S. Bancorp to sell and upgraded M&T Bank Corp. to neutral. Citi now has no buy recommendations on traditional banks. Usdin downgraded M&T and Zions Bancorp to hold from buy, and upgraded BB&T Corp., SunTrust Banks Inc. and Regions to buy from hold. Raymond James cut Cadence BanCorp to market perform and East West Bancorp Inc. to underperform.At Stephens, analyst Terry McEvoy saw Midwest banks’ near-term credit trends as stable, with deposit costs possibly showing a “steady decline” in the fourth quarter. He cut third-quarter and 2020 estimates to account for the “challenging interest rate environment.” Based on stock price performance and present valuations, Stephens upgraded First Midwest Bancorp to overweight and cut Old National Bancorp to equal-weight.Analysts have been cutting estimates ahead of a bank earnings season focused on interest rate pressure. Earnings reports kick off on Oct. 15, when Citigroup Inc., JPMorgan Chase & Co., Goldman Sachs Group Inc. and Wells Fargo & Co. are due to report.(Updates share trading in fourth paragraph. Adds Stephens rating changes in eighth paragraph.)To contact the reporter on this story: Felice Maranz in New York at fmaranz@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven Fromm, Jennifer Bissell-LinskFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Cost Control Aids Regions Financial, Low Fee Income a Woe
    Zacks

    Cost Control Aids Regions Financial, Low Fee Income a Woe

    Regions Financial (RF) displays mixed prospects for revenue growth and cost-saving initiatives, with lack of diversification in loan portfolio and litigation issues as concerns.

  • Regions Financial Corporation's (NYSE:RF) 3.9% Dividend Yield Looks Pretty Interesting
    Simply Wall St.

    Regions Financial Corporation's (NYSE:RF) 3.9% Dividend Yield Looks Pretty Interesting

    Could Regions Financial Corporation (NYSE:RF) be an attractive dividend share to own for the long haul? Investors are...

  • This is Why Regions Financial (RF) is a Great Dividend Stock
    Zacks

    This is Why Regions Financial (RF) is a Great Dividend Stock

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Regions Financial (RF) have what it takes? Let's find out.

  • Should You Buy Regions Financial Corporation (NYSE:RF) For Its Upcoming Dividend In 4 Days?
    Simply Wall St.

    Should You Buy Regions Financial Corporation (NYSE:RF) For Its Upcoming Dividend In 4 Days?

    Regions Financial Corporation (NYSE:RF) is about to trade ex-dividend in the next 4 days. You can purchase shares...

  • Why Regions Financial (RF) is a Top Dividend Stock for Your Portfolio
    Zacks

    Why Regions Financial (RF) is a Top Dividend Stock for Your Portfolio

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Regions Financial (RF) have what it takes? Let's find out.

  • Regions Financial (RF) Down 4.7% Since Last Earnings Report: Can It Rebound?
    Zacks

    Regions Financial (RF) Down 4.7% Since Last Earnings Report: Can It Rebound?

    Regions Financial (RF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • At US$14.27, Is Regions Financial Corporation (NYSE:RF) Worth Looking At Closely?
    Simply Wall St.

    At US$14.27, Is Regions Financial Corporation (NYSE:RF) Worth Looking At Closely?

    Regions Financial Corporation (NYSE:RF) saw significant share price movement during recent months on the NYSE, rising...

  • Regions Financial Closes Acquisition of Highland Associates
    Zacks

    Regions Financial Closes Acquisition of Highland Associates

    The acquisition of Highland Associates reflects Regions Financial's (RF) efforts to diversify business in order to support growth prospects.

  • Bank Stock Roundup: Q2 Earnings in Full Swing, Fifth Third Beats Estimates
    Zacks

    Bank Stock Roundup: Q2 Earnings in Full Swing, Fifth Third Beats Estimates

    Investor sentiment upbeat on banks' Q2 earnings, with the financial firms displaying top-line strength with higher rates and a decent lending scenario.

  • Regions Financial Corp (RF) Q2 2019 Earnings Call Transcript
    Motley Fool

    Regions Financial Corp (RF) Q2 2019 Earnings Call Transcript

    RF earnings call for the period ending June 30, 2019.

  • Are You Looking for a High-Growth Dividend Stock? Regions Financial (RF) Could Be a Great Choice
    Zacks

    Are You Looking for a High-Growth Dividend Stock? Regions Financial (RF) Could Be a Great Choice

    Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Regions Financial (RF) have what it takes? Let's find out.