20.10.2023 12:21:40 - dpa-AFX: Regions Financial Q3 Profit Rises, But Misses Estimates

BIRMINGHAM (ALABAMA) (dpa-AFX) - Regions Financial Corp. (RF) reported
Friday that its third-quarter net income available to common shareholders grew
15 percent to $465 million or $0.49 per share from last year's $429 million or
$0.43 per share.

On average, 23 analysts polled by Thomson Reuters expected earnings of $0.58 per
share for the quarter. Analysts' estimates typically exclude special items.

Total revenue was $1.857 billion, down 0.5 percent from $1.867 billion last
year. Adjusted total revenue was $1.858 billion, compared to $1.868 billion a
year ago.

The Street was looking for revenues of $1.89 billion for the quarter.

Net interest income increased 2.3 percent to $1.29 billion from last year's
$1.26 billion.

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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
REGIONS FINANCIAL DL-,01 A0B6XA Frankfurt 17,400 14.06.24 08:09:31 +0,200 +1,16% 0,000 0,000 17,400 17,400

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