Latest news with #RegionsFinancial
Business Insider
19-07-2025
- Business
- Business Insider
Piper Sandler Remains a Hold on Regions Financial (RF)
Piper Sandler analyst Scott Siefers maintained a Hold rating on Regions Financial yesterday and set a price target of $26.00. The company's shares closed yesterday at $26.01. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Siefers is a 5-star analyst with an average return of 12.1% and a 63.16% success rate. Siefers covers the Financial sector, focusing on stocks such as JPMorgan Chase, Citigroup, and Fifth Third Bancorp. In addition to Piper Sandler, Regions Financial also received a Hold from Bank of America Securities's Ebrahim Poonawala in a report issued on July 13. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Regions Financial (NYSE: RF). The company has a one-year high of $27.96 and a one-year low of $17.74. Currently, Regions Financial has an average volume of 8.51M. Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RF in relation to earlier this year. Most recently, in May 2025, Brian R Willman, the SEVP of RF sold 8,185.00 shares for a total of $174,831.60.
Yahoo
19-07-2025
- Business
- Yahoo
Regions Financial Corp (RF) Q2 2025 Earnings Call Highlights: Strong Earnings and Strategic ...
Quarterly Earnings: $534 million, with earnings per share of $0.59. Adjusted Earnings: $538 million, or $0.60 per share. Pre-tax, Pre-provision Income: $832 million, a 14% increase year-over-year. Return on Tangible Common Equity: 19%. Average Deposits Growth: 30% organic growth over the last five years. Ending Loans Growth: 1% increase, driven by C&I and real estate. Net Interest Income Growth: Increased by 5% in the quarter. Net Interest Margin: Expected to remain in the low to mid-360s for the remainder of the year. Adjusted Non-interest Income: Increased 5% linked quarter. Mortgage Income: Increased 20% linked quarter. Adjusted Non-interest Expense: Increased 4% compared to the prior quarter. Allowance for Credit Loss Ratio: Declined one basis point to 1.80%. Common Equity Tier 1 Ratio: Estimated at 10.7%. Share Repurchases: $144 million executed during the quarter. Common Dividends Paid: $224 million during the quarter. Warning! GuruFocus has detected 7 Warning Signs with SIFY. Release Date: July 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Regions Financial Corp (NYSE:RF) reported strong quarterly earnings of $534 million, with an adjusted earnings per share of $0.60. The company achieved a 14% year-over-year increase in pre-tax, pre-provision income, reaching $832 million. Regions Financial Corp (NYSE:RF) experienced growth in average deposits across consumer checking, small business, and wealth management in all eight priority markets. The company added over 300 new commercial relationships across its wholesale business year-to-date, indicating successful execution of strategic plans. Wealth management generated another quarter of record fee income, contributing to revenue diversification and strong client acquisition. Negative Points Average loans remained stable, with only modest growth in consumer credit card and home equity lines of credit balances. Service charges decreased by 6% during the quarter, primarily due to a seasonal decline in treasury management income. The company continues to face competition in its markets, which could impact growth and profitability. Regions Financial Corp (NYSE:RF) is not currently interested in depository M&A, potentially limiting inorganic growth opportunities. The company anticipates being at the higher end of its 40 to 50 basis points charge-off range due to specific portfolios of interest, such as office space and transportation. Q & A Highlights Q: Can you discuss the implications of the recent tax bill and bonus depreciation on loan growth and consumer spending? A: John Turner, President and CEO, explained that the passage of the tax bill provides certainty, which is beneficial for both businesses and consumers. Business sentiment has improved, and bonus depreciation is expected to boost activity, particularly in sectors like heavy equipment sales. Consumers remain in good shape, managing debt levels well, though they are spending more cautiously due to economic uncertainty. Q: What is Regions Financial's stance on bank M&A given the current regulatory environment? A: John Turner stated that Regions Financial is not interested in depository M&A at this time. The company is focused on executing its strategic plan and delivering top quartile results without the disruption that M&A can bring. They are concentrating on modernizing their technology platforms and may reassess their position once these projects are completed. Q: Can you elaborate on the factors contributing to the better-than-expected net interest margin performance? A: David Turner, CFO, noted that the margin improvement was partly due to non-recurring items such as matured hedge notionals and higher recoveries on credit. The bank also managed deposit costs effectively and benefited from favorable front book, back book dynamics. While some factors won't repeat, the bank expects continued growth in net interest income. Q: How does Regions Financial plan to maintain its high mix of noninterest-bearing deposits? A: David Turner emphasized that the bank's strategy focuses on growing consumer checking accounts and operating accounts for businesses. By expanding in growth markets and acquiring new clients, Regions aims to sustain its noninterest-bearing deposit mix. The bank's strong customer base and treasury management penetration also support this goal. Q: What are the expectations for loan growth, and what are the key drivers on the commercial and consumer sides? A: John Turner highlighted that pipelines are improving, with growth in sectors like energy, asset-based lending, and manufacturing. The bank is also seeing growth in home equity lending and consumer credit cards. However, disciplined portfolio management, including exiting certain sectors, offsets some growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
19-07-2025
- Business
How major US stock indexes fared Friday, 7/18/2025
Wall Street closed its third winning week in the last four with a quiet finish. The S&P 500 edged down by a whisper, less than 0.1%, on Friday after setting its all-time high the day before. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite edged up by less than 0.1% to add its own record. Charles Schwab, Regions Financial and other stocks rallied following stronger-than-expected profit reports, but Netflix gave back some of its stellar gains for the year despite also topping analysts' expectations. Treasury yields eased in the bond market. On Friday: The S&P 500 fell 0.57 points, or less than 0.1%, to 6,296.79. The Dow Jones Industrial Average fell 142.30 points, or 0.3%, to 44,342.19. The Nasdaq composite rose 10.01 points, or less than 0.1%, to 20,895.66. The Russell 2000 index of smaller companies fell 13.68 points, or 0.6%, to 2,240.01. For the week: The S&P 500 is up 37.04 points, or 0.6%. The Dow is down 29.32 points, or 0.1%. The Nasdaq is up 310.13 points, or 1.5%. The Russell 2000 is up 5.18 points, or 0.2%. For the year: The S&P 500 is up 415.16 points, or 7.1%. The Dow is up 1,797.97 points, or 4.2%. The Nasdaq is up 1,584.86 points, or 8.2%. The Russell 2000 is up 9.85 points, or 0.4%.
San Francisco Chronicle
18-07-2025
- Business
- San Francisco Chronicle
How major US stock indexes fared Friday, 7/18/2025
Wall Street closed its third winning week in the last four with a quiet finish. The S&P 500 edged down by a whisper, less than 0.1%, on Friday after setting its all-time high the day before. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite edged up by less than 0.1% to add its own record. Charles Schwab, Regions Financial and other stocks rallied following stronger-than-expected profit reports, but Netflix gave back some of its stellar gains for the year despite also topping analysts' expectations. Treasury yields eased in the bond market. The S&P 500 is up 37.04 points, or 0.6%. The Dow is down 29.32 points, or 0.1%. The Nasdaq is up 310.13 points, or 1.5%. The Russell 2000 is up 5.18 points, or 0.2%. The S&P 500 is up 415.16 points, or 7.1%. The Dow is up 1,797.97 points, or 4.2%. The Nasdaq is up 1,584.86 points, or 8.2%. The Russell 2000 is up 9.85 points, or 0.4%.
Yahoo
18-07-2025
- Business
- Yahoo
How major US stock indexes fared Friday, 7/18/2025
Wall Street closed its third winning week in the last four with a quiet finish. The S&P 500 edged down by a whisper, less than 0.1%, on Friday after setting its all-time high the day before. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq composite edged up by less than 0.1% to add its own record. Charles Schwab, Regions Financial and other stocks rallied following stronger-than-expected profit reports, but Netflix gave back some of its stellar gains for the year despite also topping analysts' expectations. Treasury yields eased in the bond market. On Friday: The S&P 500 fell 0.57 points, or less than 0.1%, to 6,296.79. The Dow Jones Industrial Average fell 142.30 points, or 0.3%, to 44,342.19. The Nasdaq composite rose 10.01 points, or less than 0.1%, to 20,895.66. The Russell 2000 index of smaller companies fell 13.68 points, or 0.6%, to 2,240.01. For the week: The S&P 500 is up 37.04 points, or 0.6%. The Dow is down 29.32 points, or 0.1%. The Nasdaq is up 310.13 points, or 1.5%. The Russell 2000 is up 5.18 points, or 0.2%. For the year: The S&P 500 is up 415.16 points, or 7.1%. The Dow is up 1,797.97 points, or 4.2%. The Nasdaq is up 1,584.86 points, or 8.2%. The Russell 2000 is up 9.85 points, or 0.4%. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
