Regions Financial $RF has released its quarterly earnings. Revenue of $1.87B (+0.54% YoY) beats by $68M. EPS of $0.57 (+16.33% YoY) beats by $0.04.
Q3 Earnings Season Kicks Off with Better-Than-Expected Bank Results $TSLA $WFC $MMM $TXN #stocks #investing #valueinvesting #Earnings https://t.co/qrfXlQAJID
💲📉 Regions Financial's Q3 profit declines due to lower interest income, but capital markets income sees strong growth Tickers of interest: $RF Full Story → https://t.co/8OXrnZcEWQ https://t.co/VjmlObSKBn


Truist Financial ($TFC) and other U.S. regional banks have surpassed Q3 profit expectations, driven by strong noninterest income growth and rising investment banking fees amid a dealmaking revival. Truist Financial reported robust noninterest income growth, while Regions Financial ($RF) posted revenue of $1.87 billion, surpassing the estimated $1.79 billion, marking a 0.54% year-over-year increase. Regions Financial's non-GAAP EPS of $0.57, up 16.33% year-over-year, beat expectations by $0.04, despite a decline in net interest income. The bank's total loans and deposits were slightly below estimates, but capital markets income showed significant growth.