Research Analysts Issue Forecasts for RF FY2025 Earnings

Regions Financial Co. (NYSE:RF) – Equities research analysts at DA Davidson decreased their FY2025 earnings per share (EPS) estimates for Regions Financial in a note issued to investors on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the bank will post earnings of $2.23 per share for the year, down from their previous forecast of $2.30. The consensus estimate for Regions Financial’s current full-year earnings is $2.26 per share. DA Davidson also issued estimates for Regions Financial’s FY2025 earnings at $2.23 EPS.

Regions Financial (NYSE:RF) last released its quarterly earnings results on Friday, January 17th. The bank reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Regions Financial had a return on equity of 12.83% and a net margin of 20.20%. The business had revenue of $1.82 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the previous year, the company posted $0.39 EPS. The business’s quarterly revenue was up .2% compared to the same quarter last year.

Several other equities research analysts have also commented on the company. Wells Fargo & Company reduced their price objective on Regions Financial from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Friday, March 28th. Morgan Stanley restated an “equal weight” rating and issued a $32.00 price target (up previously from $28.00) on shares of Regions Financial in a research report on Monday, December 9th. Citigroup decreased their price objective on Regions Financial from $28.00 to $25.00 and set a “buy” rating on the stock in a research note on Monday, March 24th. Barclays boosted their price objective on Regions Financial from $25.00 to $26.00 and gave the company an “underweight” rating in a research note on Monday, January 6th. Finally, Truist Financial reduced their target price on shares of Regions Financial from $26.00 to $24.00 and set a “hold” rating for the company in a report on Friday, March 21st. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $26.95.

Regions Financial Stock Down 10.8 %

Shares of RF stock opened at $19.65 on Friday. The company has a current ratio of 0.84, a quick ratio of 0.83 and a debt-to-equity ratio of 0.37. Regions Financial has a 12 month low of $17.72 and a 12 month high of $27.96. The stock has a market cap of $17.79 billion, a P/E ratio of 10.13, a P/E/G ratio of 1.93 and a beta of 1.19. The company has a 50 day simple moving average of $23.00 and a two-hundred day simple moving average of $23.90.

Institutional Investors Weigh In On Regions Financial

Several hedge funds and other institutional investors have recently made changes to their positions in RF. Quarry LP lifted its stake in Regions Financial by 29.5% in the third quarter. Quarry LP now owns 1,729 shares of the bank’s stock worth $40,000 after purchasing an additional 394 shares during the last quarter. Ballentine Partners LLC increased its stake in Regions Financial by 2.5% in the fourth quarter. Ballentine Partners LLC now owns 17,458 shares of the bank’s stock worth $411,000 after purchasing an additional 420 shares during the period. Prossimo Advisors LLC lifted its position in shares of Regions Financial by 2.3% during the fourth quarter. Prossimo Advisors LLC now owns 19,270 shares of the bank’s stock worth $453,000 after purchasing an additional 430 shares during the last quarter. Greenleaf Trust boosted its stake in shares of Regions Financial by 1.8% during the fourth quarter. Greenleaf Trust now owns 24,382 shares of the bank’s stock valued at $573,000 after purchasing an additional 436 shares during the period. Finally, Lake Street Advisors Group LLC increased its stake in Regions Financial by 2.3% in the 4th quarter. Lake Street Advisors Group LLC now owns 19,173 shares of the bank’s stock worth $456,000 after buying an additional 436 shares during the period. Hedge funds and other institutional investors own 79.39% of the company’s stock.

Insider Activity

In related news, Director Joia M. Johnson purchased 2,300 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The shares were bought at an average price of $21.18 per share, for a total transaction of $48,714.00. Following the acquisition, the director now owns 17,486 shares of the company’s stock, valued at approximately $370,353.48. This represents a 15.15 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders purchased 3,868 shares of company stock valued at $86,722 in the last ninety days. Insiders own 0.29% of the company’s stock.

Regions Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Monday, March 3rd were given a dividend of $0.25 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.00 dividend on an annualized basis and a yield of 5.09%. Regions Financial’s dividend payout ratio (DPR) is presently 51.55%.

About Regions Financial

Regions Financial Corporation, a financial holding company, provides banking and bank-related services to individual and corporate customers. It operates through three segments: Corporate Bank, Consumer Bank, and Wealth Management. The Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending; equipment lease financing; deposit products; and securities underwriting and placement, loan syndication and placement, foreign exchange, derivatives, merger and acquisition, and other advisory services.