Equities Analysts Offer Predictions for RF FY2025 Earnings

Regions Financial Co. (NYSE:RF) – Equities research analysts at DA Davidson dropped their FY2025 earnings estimates for Regions Financial in a report issued on Wednesday, April 2nd. DA Davidson analyst P. Winter now anticipates that the bank will earn $2.23 per share for the year, down from their prior estimate 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 the consensus estimate 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 analyst estimates of $1.86 billion. During the same quarter in the previous year, the company posted $0.39 earnings per share. Regions Financial’s revenue for the quarter was up .2% on a year-over-year basis.

RF has been the topic of a number of other research reports. Barclays lifted their target price on shares of Regions Financial from $25.00 to $26.00 and gave the company an “underweight” rating in a research note on Monday, January 6th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $32.00 price objective (up previously from $28.00) on shares of Regions Financial in a research note on Monday, December 9th. Citigroup decreased their target price 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. Truist Financial dropped their price target on Regions Financial from $26.00 to $24.00 and set a “hold” rating for the company in a research note on Friday, March 21st. Finally, Compass Point lifted their price objective on shares of Regions Financial from $25.00 to $31.00 and gave the company a “buy” rating in a research report on Tuesday, December 10th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $26.95.

Regions Financial Trading Down 4.9 %

Regions Financial stock opened at $18.64 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 firm has a market capitalization of $16.88 billion, a price-to-earnings ratio of 9.61, a P/E/G ratio of 1.93 and a beta of 1.01. The firm has a 50 day moving average of $22.88 and a 200 day moving average of $23.88.

Institutional Investors Weigh In On Regions Financial

Institutional investors and hedge funds have recently modified their holdings of the business. Y.D. More Investments Ltd increased its stake in Regions Financial by 122.9% in the fourth quarter. Y.D. More Investments Ltd now owns 1,150 shares of the bank’s stock worth $27,000 after purchasing an additional 634 shares during the period. Sierra Ocean LLC bought a new position in shares of Regions Financial in the fourth quarter worth about $28,000. Picton Mahoney Asset Management increased its stake in Regions Financial by 2,354.9% in the 4th quarter. Picton Mahoney Asset Management now owns 1,252 shares of the bank’s stock worth $29,000 after buying an additional 1,201 shares during the period. Millstone Evans Group LLC bought a new stake in Regions Financial during the 4th quarter valued at about $32,000. Finally, Legacy Investment Solutions LLC purchased a new stake in Regions Financial in the 3rd quarter valued at about $37,000. 79.39% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Regions Financial news, Director Joia M. Johnson bought 2,300 shares of the company’s stock in a transaction on 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 transaction, the director now directly owns 17,486 shares of the company’s stock, valued at approximately $370,353.48. This represents a 15.15 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders purchased a total of 3,868 shares of company stock worth $86,722 over the last three months. 0.29% of the stock is owned by insiders.

Regions Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 3rd were issued a dividend of $0.25 per share. The ex-dividend date was Monday, March 3rd. This represents a $1.00 annualized dividend and a yield of 5.36%. Regions Financial’s payout ratio is presently 51.55%.

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.