Last $10.10 USD
Change Today 0.00 / 0.00%
Volume 15.6M
RF On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

regions financial corp (RF) Snapshot

Open
$10.08
Previous Close
$10.10
Day High
$10.20
Day Low
$10.05
52 Week High
03/21/14 - $11.54
52 Week Low
09/24/13 - $8.84
Market Cap
13.9B
Average Volume 10 Days
15.9M
EPS TTM
$0.79
Shares Outstanding
1.4B
EX-Date
09/10/14
P/E TM
12.7x
Dividend
$0.20
Dividend Yield
1.39%
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.

24,255 Employees
Last Reported Date: 02/21/14
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 The General Bank and Senior Executive...
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 Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter Ended June 30, 2014; Provides Net Charge-Offs for the Second Quarter Ended June 30, 2014

Regions Financial Corp. reported unaudited consolidated earnings results for the second quarter ended June 30, 2014. For the quarter, the company reported net interest income was $822 million against $808 million a year ago. Net income was $267 million against $267 million a year ago. Net income available to common shareholders were $292 million or $0.21 basic and diluted per share against $259 million or $0.18 basic and diluted per share a year ago. Total revenue was $1,279 million against $1,305 million a year ago. Income from continuing operations was $299 million against $268 million a year ago. Income from continuing operations available to common shareholders was $291 million or $0.21 per basic and diluted share against $260 million or $0.18 per diluted share a year ago. Income from continuing operations before income tax was $424 million compared to $390 million a year ago. On Non-GAAP basis, pre-tax pre-provision income from continuing operations was $459 million compared to $421 million a year ago. Adjusted pre-tax pre-provision income from continuing operations (non-GAAP) was $446 million against $469 million a year ago. Adjusted total revenue (non-GAAP) was $1,288 million against $1,310 million a year ago. Tangible common book value as at June 30, 2014 was $8.12 per share against $7.11 a year ago. Return on average assets from continuing operations as on June 30, 2014 was 0.99% against 0.88% as at June 30, 2013. Return on average tangible common stockholders' equity (non-GAAP) as on June 30, 2014 was 10.68% against 10.15% as at June 30, 2013. Common book value per share as on June 30, 2014 was $11.69 against $10.65 as at June 30, 2013. The company’s second quarter results reflect the company's steady progress and its ongoing commitment to meeting a broad range of customer needs in a prudent and sustainable manner. The company increased revenue by growing loans, deposits, checking accounts and quality households. In addition, the company reduced adjusted non-interest expenses, creating positive operating leverage and improved efficiencies. Net interest income was positively impacted by loan growth. However, this improvement was offset by lower asset yields and loan spread compression resulting from the persistently low rate environment and competitive pricing pressures. If rates remain at current levels, modest net interest margin compression is expected going forward. For the second quarter, total net charge-offs were $67 million against $144 million a year ago.

Regions Financial Corporation(NYSE:RF.PRB) added to S&P Preferred Stock Index

Regions Financial Corporation(NYSE:RF.PRB) added to S&P Preferred Stock Index

Regions Financial Corporation Declares Quarterly Cash Dividend on Common Stock Payable on July October 1, 2014; Declares Quarterly Cash Dividend on Preferred Stock Payable on September 15, 2014

The Regions Financial Corporation Board of Directors declared a quarterly cash dividend of $0.05 per common share payable October 1, 2014, to stockholders of record as of September 12, 2014. In addition, the Board of Directors declared a quarterly cash dividend of $15.9375 per share (equivalent to approximately $0.398438 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series A. Each outstanding share of the Series A Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series A Preferred Stock. The dividend will be paid on September 15, 2014, to stockholders of record at the close of business on August 29, 2014. A quarterly cash dividend of $24.083333 per share (equivalent to approximately $0.602083 per depositary share) on the 6.375% Non-Cumulative Perpetual Preferred Stock, Series B. Each outstanding share of the Series B Preferred Stock is represented by depositary shares, each representing a 1/40th interest in a share of Series B Preferred Stock. The dividend will be paid on September 15, 2014, to stockholders of record at the close of business on August 29, 2014.

 

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Industry Analysis

RF

Industry Average

Valuation RF Industry Range
Price/Earnings 13.1x
Price/Sales 2.8x
Price/Book 0.9x
Price/Cash Flow 12.6x
TEV/Sales NM Not Meaningful
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