Regions Financial (RF) Misses Q2 EPS by 2c, Revenues Miss

July 19, 2019 6:01 AM EDT
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Price: $19.53 +0.62%

EPS Growth %: +408.0%

Financial Fact:
Deposits: 31M

Today's EPS Names:
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Regions Financial (NYSE: RF) reported Q2 EPS of $0.37, $0.02 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $1.455 billion versus the consensus estimate of $1.48 billion.

“This quarter’s results demonstrate that our core business is strong and our focus on meeting client needs is producing sustainable growth,” said President and CEO John Turner. “We increased adjusted revenue and pre-tax pre-provision income, while also growing new customer relationships across our markets. Further, investments in talent and technology have allowed us to continue to improve the customer experience and enhance service quality, while driving greater efficiency and effectiveness. We are confident in our strategy and focused on executing our plans to generate consistent and sustainable performance while appropriately adapting to changing market dynamics.”

For earnings history and earnings-related data on Regions Financial (RF) click here.

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