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0.000176647235470855 0.000176647235470855 -0.000353294470941459 0.00070658894188317 -0.00388623918035681 0.00194311959017853 0.0008832361773539 -0.00353294470941522
Stock impact report

Regions Financial Q1 Earnings Top Estimates on Higher NII & Fee Income [Yahoo! Finance]

Regions Financial Corporation (RF) 
Last regions financial corporation earnings: 4/17 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.regions.com
Company Research Source: Yahoo! Finance
Also, this compares favorably with earnings of 54 cents per share in the year-ago quarter. Increases in non-interest income, net interest income (NII) and higher deposit balances, along with lower provisions, supported RF's results. However, higher non-interest expenses played spoilsport. Net income (GAAP basis) available to common shareholders was $539 million, up 15.9% year over year. Regions Financial's Revenues & Expenses Rise Total quarterly revenues were $1.87 billion, which missed the Zacks Consensus Estimate of $1.91 billion. The top line rose 5% from the year-ago quarter. NII was $1.25 billion, up 4.5% year over year, supported by balance-sheet expansion and solid repricing dynamics. The net interest margin improved 15 basis points year over year to 3.67%, reflecting a mix of higher earning-asset yields and ongoing funding-cost management. Non-interest income rose 5.9% year over year to $625 million, with strength in service charges, wealth management income and c Show less Read more
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