Regions Financial Corp (NYSE:RF) – Equities research analysts at FIG Partners reduced their Q1 2020 earnings estimates for Regions Financial in a research note issued on Tuesday, January 22nd. FIG Partners analyst C. Marinac now expects that the bank will earn $0.40 per share for the quarter, down from their previous estimate of $0.41. FIG Partners also issued estimates for Regions Financial’s Q2 2020 earnings at $0.41 EPS.

Regions Financial (NYSE:RF) last released its quarterly earnings results on Friday, January 18th. The bank reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.01). Regions Financial had a net margin of 27.23% and a return on equity of 10.84%. The business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same period in the previous year, the business earned $0.36 EPS. The business’s revenue was up 1.6% on a year-over-year basis.

Several other equities analysts have also commented on RF. B. Riley set a $20.00 price objective on Regions Financial and gave the company a “hold” rating in a research report on Monday, October 15th. Nomura reiterated a “reduce” rating and set a $14.90 price objective (down from $17.00) on shares of Regions Financial in a research report on Monday, December 10th. JPMorgan Chase & Co. upgraded Regions Financial from a “neutral” rating to an “overweight” rating and set a $16.20 price objective on the stock in a research report on Sunday, December 2nd. ValuEngine lowered Regions Financial from a “hold” rating to a “sell” rating in a research report on Thursday, November 15th. Finally, Raymond James reduced their price objective on Regions Financial from $21.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 24th. Three analysts have rated the stock with a sell rating, four have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $18.31.

NYSE:RF opened at $15.37 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $16.23 billion, a price-to-earnings ratio of 11.30, a price-to-earnings-growth ratio of 0.85 and a beta of 1.40. Regions Financial has a twelve month low of $12.39 and a twelve month high of $20.21.

Several institutional investors have recently made changes to their positions in the company. Moody National Bank Trust Division grew its position in Regions Financial by 4.1% during the 4th quarter. Moody National Bank Trust Division now owns 26,379 shares of the bank’s stock worth $353,000 after acquiring an additional 1,039 shares during the last quarter. IFP Advisors Inc grew its position in Regions Financial by 4.7% during the 4th quarter. IFP Advisors Inc now owns 29,494 shares of the bank’s stock worth $394,000 after acquiring an additional 1,321 shares during the last quarter. Home Federal Bank of Tennessee grew its position in Regions Financial by 2.4% during the 4th quarter. Home Federal Bank of Tennessee now owns 63,343 shares of the bank’s stock worth $848,000 after acquiring an additional 1,493 shares during the last quarter. BKD Wealth Advisors LLC grew its position in Regions Financial by 6.0% during the 4th quarter. BKD Wealth Advisors LLC now owns 26,332 shares of the bank’s stock worth $352,000 after acquiring an additional 1,502 shares during the last quarter. Finally, Legacy Financial Advisors Inc. bought a new position in Regions Financial during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 76.91% of the company’s stock.

Regions Financial Company Profile

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank 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 and corresponding deposits.

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Earnings History and Estimates for Regions Financial (NYSE:RF)

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