Regions Financial (RF) Reports In-Line Q4 EPS
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Revenue Growth %: -10.3%
Financial Fact:
Income tax benefit: 152M
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Regions Financial (NYSE: RF) reported Q4 EPS of $0.23, in-line with the analyst estimate of $0.23.
"In a challenging operating environment, we delivered double-digit earnings-per-share growth in 2016, and we remain on track to meet our long-term strategic goals," said Grayson Hall, Chairman, President and CEO. "The company remains committed to prudently growing and diversifying revenue, rigorous expense management and managing our capital in a disciplined manner."
"Throughout 2016 we streamlined, strengthened and diversified our business, resulting in full-year efficiency gains and solid growth in deposits, net interest income and other financing income and non-interest income,” continued Hall. “These results demonstrate that a consistent focus on executing our strategic plan is benefiting our customers and communities while creating long-term value for our shareholders."
For earnings history and earnings-related data on Regions Financial (RF) click here.
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