Piper Jaffray Raises Price Target on Regions Financial (RF) Following 3Q
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Regions Financial (RF) Tops Q3 EPS by 3c
October 18, 2016 6:00 AM EDTRegions Financial (NYSE: RF) reported Q3 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.38 billion.
For earnings history and earnings-related data on Regions Financial (RF) click here.
... MoreTrading Radar for 10/18: Goldman Sachs (GS), Intel (INTC), Yahoo! (YHOO), J&J (JNJ), Harley-Davidson (HOG) Report
October 17, 2016 2:07 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
Earnings:
Badger Meter (NYSE: BMI) - consensus EPS $0.33
BlackRock (NYSE: BLK) - consensus EPS $4.98
Comerica (NYSE: CMA) -... More
Regions Financial (RF) Acquires Sterling Financial's LIHTC Asset Management Businesses
October 17, 2016 9:22 AM EDTRegions Bank announced it has acquired the Low Income Housing Tax Credit (LIHTC) corporate fund syndication and asset management businesses of First Sterling Financial, Inc. The acquisition complements Regions Community Investment Capital, Real Estate and Capital Markets capabilities to serve more clients and communities.
First Sterling is one of the leading national syndicators of investment funds benefiting from Low Income Housing Tax Credits. Since its founding by Martin and Ann Soja more than 30 years ago, First Sterling has raised more than $1.9 billion in investor equity through both proprietary and multi-investor funds. This investor equity has been used... More
