Last $10.31 USD
Change Today -0.10 / -0.96%
Volume 11.8M
As of 8:04 PM 04/24/14 All times are local (Market data is delayed by at least 15 minutes).

regions financial corp (RF) Snapshot

Open
$10.45
Previous Close
$10.41
Day High
$10.47
Day Low
$10.26
52 Week High
03/21/14 - $11.54
52 Week Low
04/25/13 - $8.23
Market Cap
14.6B
Average Volume 10 Days
15.6M
EPS TTM
$0.79
Shares Outstanding
1.4B
EX-Date
06/11/14
P/E TM
13.1x
Dividend
$0.20
Dividend Yield
1.16%
Current Stock Chart for REGIONS FINANCIAL CORP (RF)

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regions financial corp (RF) Details

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. The company operates in three segments: Business Services, Consumer Services, and Wealth Management. The Business Services segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services. This segment serves corporate, middle market, small business, and commercial real estate developers and investors. The Consumer Services segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, indirect loans, consumer credit cards, and other consumer loans, as well as the corresponding deposit relationships. The Wealth Management segment offers wealth management products and services comprise credit related products, trust and investment management, asset management, retirement and savings solutions, estate planning, and commercial insurance products to individuals, businesses, governmental institutions, and non-profit entities. It provides insurance coverage for various lines of personal and commercial insurance, such as property, casualty, life, health, and accident insurance; insurance products, such as title, mortgage, crop, term life, accidental death and dismemberment, and environmental insurance, as well as debt cancellation products; and commercial equipment financing products, as well as securities and advisory services through financial consultants. As of December 31, 2013, the company operated approximately 2,029 ATMs and 1,705 banking offices in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.

23,687 Employees
Last Reported Date: 04/22/14
Founded in 1971

regions financial corp (RF) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $975.0K
Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $607.3K
Head of Business Group and Senior Executive V...
Total Annual Compensation: $618.8K
Chief Administrative Officer and Senior Execu...
Total Annual Compensation: $597.3K
Senior Executive Vice President, General Coun...
Total Annual Compensation: $533.8K
Compensation as of Fiscal Year 2013.

regions financial corp (RF) Key Developments

Regions Financial Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Reports Net Charge-Offs for the First Quarter of 2014

Regions Financial Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the period, total revenue was $1,254 million against $1,299 million in the same period a year ago. Net interest income was $816 million against $798 million in the same period a year ago. Net interest income decline was driven primarily by fewer days in the quarter and the impact of the low interest rate environment on loan yields. Income from continuing operations before income tax was $435 million against $447 million in the same period a year ago. Income from continuing operations was $307 million or 0.21 cents per diluted share against $333 million or 0.23 cents per diluted share in the same period a year ago. Net income was $319 million against $335 million in the same period a year ago. Net income available to common shareholders was $311 million or 0.22 cents per diluted share against $327 million or 0.23 cents per diluted share in the same period a year ago. Income from continuing operations available to common shareholders was $299 million against $325 million in the same period a year ago. Tangible common book value per share (non-GAAP) was $7.81 against $7.29 a year ago. Earnings per common share from continuing operations was $0.21 against $0.23 per share a year ago. Net charge-offs declined to $82 million, a decrease of 71% from the previous quarter.

Regions Financial Corporation Selects Terry Katon as Executive Managing Director and Head of Regions Bank Capital Markets Group

Regions Financial Corporation has hired an executive to lead its capital markets group. The bank has hired Terry Katon as executive managing director and head of Regions Bank Capital Markets group.

Regions Financial Corporation to Increase the Quarterly Common Stock Dividend

Regions Financial Corporation announced that the Federal Reserve indicated that it does not object to its capital plan and proposed actions for the period from 1 April 2014 to 31 March 2015, as part of the Comprehensive Capital Analysis and Review. Thereby, the company may increase the quarterly common stock dividend to USD 0.05 per share and potentially buy back up to USD 350 million common shares, subject to approval of its board of directors.

 

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Industry Analysis

RF

Industry Average

Valuation RF Industry Range
Price/Earnings 13.5x
Price/Sales 2.8x
Price/Book 0.9x
Price/Cash Flow 13.0x
TEV/Sales 0.5x
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