Regions Financial (RF) Stock

Regions Financial has seen a drop in earnings for the past three years, but it is predicted to boost profits by at least 10% in the next two years. The bank has more than $39.4 billion in non-interest-bearing deposits, making up over 31% of its total deposits, a much higher percentage compared to its competitors. One of the company's main advantages is its presence in rapidly growing regions of the US, which offers many chances for growth.

BIRMINGHAM, Ala.--(BUSINESS WIRE)--The Board of Directors at Regions Financial Corp. has announced a cash dividend of $14.25 for each share of Series C Preferred Stock.

No matter if you invest in value, growth, or momentum stocks, the Zacks Style Scores can help you identify strong stocks more easily. This is one of the key features of the Zacks Premium research service.

Dividends are a major advantage of being a shareholder, but identifying a good dividend stock can be challenging. Is Regions Financial (RF) a strong candidate for this?

Regions Financial Corp. reported that in the fourth quarter, more people are using digital transactions as they prefer mobile and online banking for their daily needs. According to the company's earnings report released on January 17, the number of active mobile banking users increased by 9% compared to last year, reaching 2.6 million.

Regions Financial (RF) reported quarterly earnings of $0.59 per share, which is higher than the Zacks Consensus Estimate of $0.55 per share. This is an increase compared to earnings of $0.52 per share from the same period last year.

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Regions Financial Corp. (NYSE:RF) has announced its earnings for the fourth quarter and the entire year that ended on December 31, 2024.

Regions Financial Corporation (NYSE:RF) will hold its Q4 2024 Earnings Conference Call on January 17, 2025, at 10:00 AM ET. The call will feature company representatives, including Dana Nolan from Investor Relations, and executives John Turner and David Turner. Various analysts from major financial institutions will also participate in the call.

RF's results for the fourth quarter of 2024 show an increase in non-interest income and a decrease in expenses. This has positively impacted their overall performance.