RF / Regions Financial Stock Slides After Earnings Miss

Regions Financial Corp.'s stock RF, +2.63% was down by 0.9% in premarket trading on Friday after JPMorgan Chase analyst Vivek Juneja downgraded the ba more_horizontal

Regions Financial performed well in 2022 with relatively modest unrealized capital losses and strong deposit flow. The banking sector faced challenges more_horizontal

Regions Financial (RF) Corp. shares plummeted over 12% on Friday to their lowest level in almost three years after the regional bank posted worse-than more_horizontal

Regions missed earnings expectations due to higher funding costs, including deposits. The bank's net interest income dropped from the previous quarter more_horizontal

Regions Financial Corp shares slipped 11% to $14.73 in midday trading on Friday after the US regional bank reported third-quarter 2023 financial resul more_horizontal

Higher NII on the back of decent loan demand and rising rates support Regions Financial's (RF) Q3 earnings amid increased provisions and higher expens more_horizontal

Regions Financial (RF) came out with quarterly earnings of $0.49 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to more_horizontal

The regional bank posts third-quarter revenue and net interest income below expectations. more_horizontal