Regions Financial Co. (NYSE:RF – Free Report) – Stock analysts at DA Davidson raised their FY2025 earnings estimates for shares of Regions Financial in a note issued to investors on Monday, April 21st. DA Davidson analyst P. Winter now anticipates that the bank will post earnings per share of $2.28 for the year, up from their previous forecast of $2.23. 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 FY2026 earnings at $2.46 EPS.
Other research analysts also recently issued research reports about the company. Truist Financial cut their price target on Regions Financial from $24.00 to $21.00 and set a “hold” rating for the company in a research note on Tuesday. Stephens decreased their price objective on Regions Financial from $26.00 to $24.00 and set an “overweight” rating on the stock in a research note on Monday. Keefe, Bruyette & Woods reduced their target price on shares of Regions Financial from $28.00 to $26.00 and set an “outperform” rating on the stock in a report on Monday. Citigroup lowered their price objective on Regions Financial from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Monday, March 24th. Finally, Barclays lowered their price target on Regions Financial from $26.00 to $24.00 and set an “underweight” rating for the company in a report on Monday. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat.com, Regions Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.53.
Regions Financial Stock Performance
Shares of RF opened at $20.04 on Wednesday. The company has a market capitalization of $18.15 billion, a PE ratio of 10.33, a P/E/G ratio of 1.93 and a beta of 1.01. Regions Financial has a 52-week low of $17.72 and a 52-week high of $27.96. The company has a 50-day simple moving average of $21.32 and a 200-day simple moving average of $23.49. The company has a quick ratio of 0.83, a current ratio of 0.84 and a debt-to-equity ratio of 0.37.
Regions Financial (NYSE:RF – Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The bank reported $0.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. Regions Financial had a net margin of 20.20% and a return on equity of 12.83%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the business posted $0.37 earnings per share.
Regions Financial Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Friday, May 2nd will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend is Monday, June 2nd. Regions Financial’s payout ratio is 48.08%.
Insider Activity
In other news, Director Joia M. Johnson acquired 2,300 shares of the business’s stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average price of $21.18 per share, for a total transaction of $48,714.00. Following the completion of the acquisition, the director now directly owns 17,486 shares in the company, valued at $370,353.48. This represents a 15.15 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.29% of the company’s stock.
Institutional Investors Weigh In On Regions Financial
A number of institutional investors and hedge funds have recently modified their holdings of RF. World Investment Advisors LLC grew its position in Regions Financial by 14.5% during the third quarter. World Investment Advisors LLC now owns 15,837 shares of the bank’s stock valued at $369,000 after purchasing an additional 2,010 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Regions Financial during the third quarter valued at $56,000. Tidal Investments LLC increased its position in Regions Financial by 2.0% in the 3rd quarter. Tidal Investments LLC now owns 127,326 shares of the bank’s stock worth $2,971,000 after purchasing an additional 2,531 shares during the last quarter. Synovus Financial Corp increased its holdings in Regions Financial by 55.9% in the third quarter. Synovus Financial Corp now owns 375,572 shares of the bank’s stock worth $8,762,000 after buying an additional 134,615 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Regions Financial by 30.9% in the third quarter. Franklin Resources Inc. now owns 702,627 shares of the bank’s stock worth $16,758,000 after acquiring an additional 165,710 shares in the last quarter. 79.39% of the stock is owned by institutional investors and hedge funds.
Regions Financial Company Profile
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.
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