Regions Financial (RF) Misses Q4 EPS by 1c
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Revenue Growth %: -10.3%
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Loans held for sale: 4M
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Regions Financial (NYSE: RF) reported Q4 EPS of $0.38, $0.01 worse than the analyst estimate of $0.39.
“Regions delivered strong financial results in 2019 by focusing on our customers, maintaining expense discipline and proactively managing our business to address evolving market dynamics,” said John Turner, President and CEO. “Adjusted revenue grew 2 percent, the adjusted efficiency ratio improved 130 basis points, and we generated the highest pre-tax pre-provision income in over a decade. We are well positioned to meet our performance goals for 2020 by executing our strategic plan and delivering consistent, sustainable performance.”
For earnings history and earnings-related data on Regions Financial (RF) click here.
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